Marathon Petroleum (MPC) Debt/Assets Ratio: History & Chart

Marathon Petroleum Corporation(MPC)

Oil & Gas Refining & Marketing · Findlay, OH

$388.90+1.19 (+0.31%)

Delayed quote: Sep 4, 2026, 4:00 PM EDT

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) functions as a prominent integrated energy enterprise, primarily concentrating its downstream operations across the United States. Its business is bifurcated into two main divisions: Refining & Marketing, and Midstream. The Refining & Marketing segment is responsible for processing crude oil and various other raw materials at its refineries, strategically located in the U.S. Gulf Coast, Mid-Continent, and West Coast regions. This division also acquires refined petroleum products and ethanol for subsequent distribution. Key outputs from this segment encompass a diverse array of transportation fuels, including different gasoline blends, heavy fuel oil, and asphalt. Additionally, it manufactures chemicals such as aromatics, propane, propylene, and sulfur. MPC sells these refined goods through multiple channels, including wholesale marketers domestically and globally, purchasers on the open spot market, and independent entrepreneurs who manage primarily Marathon-branded retail locations. It also supplies fuel via long-term agreements to direct dealer sites, predominantly under the ARCO brand. The Midstream segment handles the comprehensive movement, storage, distribution, and commercialization of crude oil and refined products. This is achieved through its extensive network of refining logistics assets, pipelines, terminals, towboats, and barges. Moreover, this segment engages in the collection, processing, and transportation of natural gas, alongside the gathering, transport, fractionation, storage, and marketing of natural gas liquids. By December 31, 2021, the corporation supported 7,159 branded jobber retail points, managed by independent entrepreneurs, spanning 37 U.S. states, the District of Columbia, and Mexico. Marathon Petroleum Corporation, established in 1887, maintains its corporate headquarters in Findlay, Ohio.

Findlay, OH

18,500 employees

www.marathonpetroleum.com

Energy / Oil & Gas Refining & Marketing

Sector: Energy
Industry: Oil & Gas Refining & Marketing
CEO: Maryann T. Mannen

View full financials

MPC Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

36.36%

DEBT TO ASSETS RATIO AVG TTM

38.96%

DEBT TO ASSETS RATIO AVG 3Y

36.47%

DEBT TO ASSETS RATIO AVG 5Y

34.49%

DEBT TO ASSETS RATIO AVG 10Y

33.27%

DEBT TO ASSETS RATIO AVG 15Y

27.70%

DEBT TO ASSETS RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-6.67%

CURRENT VS 3Y AVG

-0.30%

CURRENT VS 5Y AVG

+5.44%

CURRENT VS 10Y AVG

+9.29%

CURRENT VS 15Y AVG

+31.27%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · ENERGY

0.22%

median of 49 covered companies

CURRENT VS SECTOR MEDIAN

+16427.70%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
Marathon Petroleum Corporation (MPC)	$113.53B	36.36%	38.96%	36.47%	34.49%
Valero Energy Corporation (VLO)vs ›	$106.74B	0.18%	N/A	N/A	N/A
Canadian Natural Resources Limited (CNQ)vs ›	$105.24B	0.18%	N/A	N/A	N/A
Phillips 66 (PSX)vs ›	$102.27B	0.25%	N/A	N/A	N/A
The Williams Companies, Inc. (WMB)vs ›	$90.70B	0.51%	N/A	N/A	N/A
Slb N.V. (SLB)vs ›	$85.35B	0.23%	N/A	N/A	N/A
Enterprise Products Partners L.P. (EPD)vs ›	$84.25B	0.42%	N/A	N/A	N/A
Suncor Energy Inc. (SU)vs ›	$79.50B	0.15%	N/A	N/A	N/A
Eni S.p.A. (E)vs ›	$77.62B	0.25%	N/A	N/A	N/A
EOG Resources, Inc. (EOG)vs ›	$77.33B	0.15%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

Marathon Petroleum Corporation (MPC)

$113.53B

36.36%

38.96%

36.47%

34.49%

Valero Energy Corporation (VLO)vs ›

$106.74B

0.18%

N/A

Canadian Natural Resources Limited (CNQ)vs ›

$105.24B

0.18%

N/A

Phillips 66 (PSX)vs ›

$102.27B

0.25%

N/A

The Williams Companies, Inc. (WMB)vs ›

$90.70B

0.51%

N/A

Slb N.V. (SLB)vs ›

$85.35B

0.23%

N/A

Enterprise Products Partners L.P. (EPD)vs ›

$84.25B

0.42%

N/A

Suncor Energy Inc. (SU)vs ›

$79.50B

0.15%

N/A

Eni S.p.A. (E)vs ›

$77.62B

0.25%

N/A

EOG Resources, Inc. (EOG)vs ›

$77.33B

0.15%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Marathon Petroleum Corporation (MPC)?

The debt to assets ratio for MPC stock is 36.36%.

Is Marathon Petroleum Corporation's debt to assets ratio high or low?

The debt to assets ratio of 36.36% is in line with its 5-year average of 34.49%, around the middle of its 5-year range (28.99%–41.09%).

What is the TTM average debt to assets ratio for Marathon Petroleum Corporation (MPC)?

The TTM average debt to assets ratio for MPC stock is 38.96%.

What is the 3Y average debt to assets ratio for Marathon Petroleum Corporation (MPC)?

The 3Y average debt to assets ratio for MPC stock is 36.47%.

What is the 5Y average debt to assets ratio for Marathon Petroleum Corporation (MPC)?

The 5Y average debt to assets ratio for MPC stock is 34.49%.

What is the 10Y average debt to assets ratio for Marathon Petroleum Corporation (MPC)?

The 10Y average debt to assets ratio for MPC stock is 33.27%.

What is the 15Y average debt to assets ratio for Marathon Petroleum Corporation (MPC)?

The 15Y average debt to assets ratio for MPC stock is 27.70%.

DATE	DEBT TO ASSETS RATIO
2026-06-30	36.36%
2026-03-31	38.92%
2025-12-31	40.16%
2025-09-30	41.09%
2025-06-30	38.27%
2025-03-31	39.37%
2024-12-31	36.47%
2024-09-30	36.82%
2024-06-30	35.33%
2024-03-31	33.36%
2023-12-31	33.15%
2023-09-30	31.77%
2023-06-30	33.05%
2023-03-31	32.79%
2022-12-31	31.04%
2022-09-30	31.10%
2022-06-30	28.99%
2022-03-31	30.82%
2021-12-31	31.51%
2021-09-30	32.21%
2021-06-30	31.62%
2021-03-31	39.19%
2020-12-31	38.86%
2020-09-30	39.90%
2020-06-30	40.95%
2020-03-31	39.61%
2019-12-31	30.99%
2019-09-30	31.98%
2019-06-30	32.09%
2019-03-31	32.02%
2018-12-31	29.61%
2018-09-30	34.79%
2018-06-30	33.38%
2018-03-31	34.27%
2017-12-31	26.40%
2017-09-30	27.31%
2017-06-30	27.74%
2017-03-31	27.49%
2016-12-31	23.80%
2016-09-30	24.41%
2016-06-30	25.06%
2016-03-31	27.70%
2015-12-31	27.66%
2015-09-30	22.19%
2015-06-30	21.85%
2015-03-31	22.34%
2014-12-31	21.70%
2014-09-30	19.76%
2014-06-30	12.38%
2014-03-31	12.55%
2013-12-31	11.96%
2013-09-30	11.73%
2013-06-30	11.48%
2013-03-31	11.10%
2012-12-31	12.35%
2012-09-30	12.60%
2012-06-30	13.51%
2012-03-31	13.12%
2011-12-31	12.85%
2011-09-30	13.08%
2011-06-30	13.66%
2011-03-31	13.99%
2010-12-31	16.77%
2010-09-30	17.24%
2009-12-31	12.29%

DATE

DEBT TO ASSETS RATIO

2026-06-30

36.36%

2026-03-31

38.92%

2025-12-31

40.16%

2025-09-30

41.09%

2025-06-30

38.27%

2025-03-31

39.37%

2024-12-31

36.47%

2024-09-30

36.82%

2024-06-30

35.33%

2024-03-31

33.36%

2023-12-31

33.15%

2023-09-30

31.77%

2023-06-30

33.05%

2023-03-31

32.79%

2022-12-31

31.04%

2022-09-30

31.10%

2022-06-30

28.99%

2022-03-31

30.82%

2021-12-31

31.51%

2021-09-30

32.21%

2021-06-30

31.62%

2021-03-31

39.19%

2020-12-31

38.86%

2020-09-30

39.90%

2020-06-30

40.95%

2020-03-31

39.61%

2019-12-31

30.99%

2019-09-30

31.98%

2019-06-30

32.09%

2019-03-31

32.02%

2018-12-31

29.61%

2018-09-30

34.79%

2018-06-30

33.38%

2018-03-31

34.27%

2017-12-31

26.40%

2017-09-30

27.31%

2017-06-30

27.74%

2017-03-31

27.49%

2016-12-31

23.80%

2016-09-30

24.41%

2016-06-30

25.06%

2016-03-31

27.70%

2015-12-31

27.66%

2015-09-30

22.19%

2015-06-30

21.85%

2015-03-31

22.34%

2014-12-31

21.70%

2014-09-30

19.76%

2014-06-30

12.38%

2014-03-31

12.55%

2013-12-31

11.96%

2013-09-30

11.73%

2013-06-30

11.48%

2013-03-31

11.10%

2012-12-31

12.35%

2012-09-30

12.60%

2012-06-30

13.51%

2012-03-31

13.12%

2011-12-31

12.85%

2011-09-30

13.08%

2011-06-30

13.66%

2011-03-31

13.99%

2010-12-31

16.77%

2010-09-30

17.24%

2009-12-31

12.29%

Debt to Assets Ratio: 36.36%

MPC Debt to Assets Ratio

MPC Average Debt to Assets Ratio Chart

MPC Current vs Average Debt to Assets Ratio Chart

MPC Debt to Assets Ratio Metrics

MPC Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

MPC Debt to Assets Ratio History

Related Metrics