Marathon Petroleum annual debt-to-assets ratio
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2025
Marathon Petroleum Debt-to-Assets Ratio Growth & History (MPC)
Marathon Petroleum's debt-to-assets ratio was 0.41 for fiscal 2025.
View full Marathon Petroleum company overviewMarathon Petroleum annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.41 | 0.05 | +12.39% |
| 2024 | 2024-12-31 | 0.37 | 0.03 | +9.93% |
| 2023 | 2023-12-31 | 0.34 | 0.02 | +6.58% |
| 2022 | 2022-12-31 | 0.31 | −0.01 | −1.65% |
| 2021 | 2021-12-31 | 0.32 | −0.07 | −18.81% |
| 2020 | 2020-12-31 | 0.39 | 0.08 | +25.34% |
| 2019 | 2019-12-31 | 0.31 | 0.01 | +4.42% |
| 2018 | 2018-12-31 | 0.30 | 0.03 | +10.04% |
| 2017 | 2017-12-31 | 0.27 | 0.02 | +9.77% |
| 2016 | 2016-12-31 | 0.25 | −0.04 | −13.86% |
| 2015 | 2015-12-31 | 0.29 | 0.07 | +32.24% |
| 2014 | 2014-12-31 | 0.22 | 0.10 | +82.94% |
| 2013 | 2013-12-31 | 0.12 | −0.00 | −2.95% |
| 2012 | 2012-12-31 | 0.12 | −0.00 | −3.82% |
| 2011 | 2011-12-31 | 0.13 | 0.12 | +967.02% |
| 2010 | 2010-12-31 | 0.01 | — | — |
Marathon Petroleum quarterly debt-to-assets ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.37 | −0.02 | −4.91% |
| Q1 2026 | 2026-03-31 | 0.39 | −0.00 | −0.98% |
| Q4 2025 | 2025-12-31 | 0.41 | 0.05 | +12.39% |
| Q3 2025 | 2025-09-30 | 0.42 | 0.04 | +11.77% |
| Q2 2025 | 2025-06-30 | 0.39 | 0.03 | +8.38% |
| Q1 2025 | 2025-03-31 | 0.40 | 0.06 | +18.03% |
| Q4 2024 | 2024-12-31 | 0.37 | 0.03 | +9.93% |
| Q3 2024 | 2024-09-30 | 0.37 | 0.05 | +15.78% |
| Q2 2024 | 2024-06-30 | 0.36 | 0.02 | +6.76% |
| Q1 2024 | 2024-03-31 | 0.34 | 0.01 | +1.53% |
| Q4 2023 | 2023-12-31 | 0.34 | 0.02 | +6.58% |
| Q3 2023 | 2023-09-30 | 0.32 | 0.01 | +1.95% |
| Q2 2023 | 2023-06-30 | 0.33 | 0.04 | +13.81% |
| Q1 2023 | 2023-03-31 | 0.33 | 0.02 | +6.20% |
| Q4 2022 | 2022-12-31 | 0.31 | −0.01 | −1.65% |
| Q3 2022 | 2022-09-30 | 0.32 | −0.01 | −3.47% |
| Q2 2022 | 2022-06-30 | 0.29 | −0.03 | −8.34% |
| Q1 2022 | 2022-03-31 | 0.31 | −0.08 | −21.23% |
| Q4 2021 | 2021-12-31 | 0.32 | −0.07 | −18.81% |
| Q3 2021 | 2021-09-30 | 0.33 | −0.08 | −19.22% |
| Q2 2021 | 2021-06-30 | 0.32 | −0.09 | −22.63% |
| Q1 2021 | 2021-03-31 | 0.40 | −0.00 | −0.97% |
| Q4 2020 | 2020-12-31 | 0.39 | 0.08 | +25.34% |
| Q3 2020 | 2020-09-30 | 0.40 | 0.08 | +24.69% |
| Q2 2020 | 2020-06-30 | 0.41 | 0.09 | +27.41% |
| Q1 2020 | 2020-03-31 | 0.40 | 0.08 | +23.42% |
| Q4 2019 | 2019-12-31 | 0.31 | 0.01 | +4.42% |
| Q3 2019 | 2019-09-30 | 0.32 | −0.03 | −9.29% |
| Q2 2019 | 2019-06-30 | 0.33 | −0.02 | −5.40% |
| Q1 2019 | 2019-03-31 | 0.32 | −0.03 | −8.09% |
| Q4 2018 | 2018-12-31 | 0.30 | 0.03 | +10.04% |
| Q3 2018 | 2018-09-30 | 0.36 | 0.07 | +26.17% |
| Q2 2018 | 2018-06-30 | 0.34 | 0.06 | +19.31% |
| Q1 2018 | 2018-03-31 | 0.35 | 0.07 | +23.56% |
| Q4 2017 | 2017-12-31 | 0.27 | 0.02 | +9.77% |
| Q3 2017 | 2017-09-30 | 0.28 | 0.03 | +10.80% |
| Q2 2017 | 2017-06-30 | 0.29 | 0.03 | +9.88% |
| Q1 2017 | 2017-03-31 | 0.29 | −0.00 | −1.28% |
| Q4 2016 | 2016-12-31 | 0.25 | −0.04 | −13.86% |
| Q3 2016 | 2016-09-30 | 0.26 | 0.03 | +14.28% |
| Q2 2016 | 2016-06-30 | 0.26 | 0.04 | +19.01% |
| Q1 2016 | 2016-03-31 | 0.29 | 0.07 | +29.30% |
| Q4 2015 | 2015-12-31 | 0.29 | 0.07 | +32.24% |
| Q3 2015 | 2015-09-30 | 0.22 | 0.03 | +12.98% |
| Q2 2015 | 2015-06-30 | 0.22 | 0.10 | +78.03% |
| Q1 2015 | 2015-03-31 | 0.22 | 0.10 | +78.65% |
| Q4 2014 | 2014-12-31 | 0.22 | 0.10 | +82.94% |
| Q3 2014 | 2014-09-30 | 0.20 | 0.08 | +69.00% |
| Q2 2014 | 2014-06-30 | 0.12 | 0.01 | +8.00% |
| Q1 2014 | 2014-03-31 | 0.13 | 0.01 | +13.21% |
| Q4 2013 | 2013-12-31 | 0.12 | −0.00 | −2.95% |
| Q3 2013 | 2013-09-30 | 0.12 | −0.01 | −6.73% |
| Q2 2013 | 2013-06-30 | 0.11 | −0.02 | −14.91% |
| Q1 2013 | 2013-03-31 | 0.11 | −0.02 | −15.54% |
| Q4 2012 | 2012-12-31 | 0.12 | −0.00 | −3.82% |
| Q3 2012 | 2012-09-30 | 0.13 | −0.01 | −3.87% |
| Q2 2012 | 2012-06-30 | 0.13 | −0.00 | −1.33% |
| Q1 2012 | 2012-03-31 | 0.13 | — | — |
| Q4 2011 | 2011-12-31 | 0.13 | 0.12 | +967.02% |
| Q3 2011 | 2011-09-30 | 0.13 | — | — |
| Q2 2011 | 2011-06-30 | 0.14 | — | — |
| Q4 2010 | 2010-12-31 | 0.01 | — | — |
Marathon Petroleum debt-to-assets ratio trends
Over the last five fiscal years, Marathon Petroleum's debt-to-assets ratio increased from 0.39 to 0.41, a change of 0.02. The latest reported quarter, Q2 2026, shows 0.37.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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