Marathon Petroleum Corporation MPC

393.52 2.57 0.66% as of 25 Sep
Market cap
$108.5B
P/E
13.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Marathon Petroleum Corporation (MPC) Debt to equity

Marathon Petroleum Corporation's debt to equity at the end of the quarter to 30 June 2026 was 1.3×, down 0.1× from fiscal 2025 (1.4×). Over the past ten years it has ranged from 0.5× (fiscal 2016) to 1.4× (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Refining & Marketing industry median of 0.4× and above the Energy sector median of 0.4×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 1.4× 20.70%
FY2024 1.1× 26.43%
FY2023 0.9× 14.29%
FY2022 0.8× (0.05%)
FY2021 0.8× (27.48%)
FY2020 1.1× 58.41%
FY2019 0.7× 9.09%
FY2018 0.6× 0.51%
FY2017 0.6× 18.78%
FY2016 0.5× (13.66%)

Quarterly

Period Debt to equity Change
Jun 2026 1.3× (8.94%)
Mar 2026 1.4× 2.66%
Dec 2025 1.4× (0.73%)
Sep 2025 1.4× 11.63%
42 more quarters

Against its own ten years

Low 0.5× High 1.4×
Ten-year median 0.8×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
DINO HF Sinclair Corporation compare 0.3×
PBF PBF Energy Inc. compare 0.3×
VLO Valero Energy Corporation compare 0.4×
PSX Phillips 66 compare 0.6×
UGP Ultrapar Participacoes S.A. compare 1.0×
MPC Marathon Petroleum Corporation 1.3×
SUN Sunoco LP compare 1.6×
CVI CVR Energy Inc. compare 2.4×
IEP Icahn Enterprises L.P. compare 3.0×
Oil & Gas Refining & Marketing industry median 0.4×
Energy sector median 0.4×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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