Marathon Petroleum Corp (MPC) stock
MPCNYSEPetroleum RefiningFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 12/3020% above fair value
$412.85+10.01 (+2.48%)
Close on Nov 12, 2026Market cap $115.94BP/E 14.2Yield 0.90%
Marathon Petroleum total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
Marathon Petroleum's total debt was $32.82B at Jun 30, 2026. For fiscal 2025 it was $32.88B, up 19.6% from the year before. Over ten years it grew 10.7% a year on average. The highest annual figure on record is $32.88B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $32.88B | +19.6% |
| FY2024 | Dec 31, 2024 | $27.48B | +0.7% |
| FY2023 | Dec 31, 2023 | $27.28B | +2.2% |
| FY2022 | Dec 31, 2022 | $26.70B | +4.5% |
| FY2021 | Dec 31, 2021 | $25.54B | -19.1% |
| FY2020 | Dec 31, 2020 | $31.58B | +10.0% |
| FY2019 | Dec 31, 2019 | $28.72B | +4.4% |
| FY2018 | Dec 31, 2018 | $27.52B | +112.6% |
| FY2017 | Dec 31, 2017 | $12.95B | +22.5% |
| FY2016 | Dec 31, 2016 | $10.57B | -11.3% |
| FY2015 | Dec 31, 2015 | $11.93B | +80.6% |
| FY2014 | Dec 31, 2014 | $6.60B | +94.4% |
| FY2013 | Dec 31, 2013 | $3.40B | +1.0% |
| FY2012 | Dec 31, 2012 | $3.36B | +1.6% |
| FY2011 | Dec 31, 2011 | $3.31B | +1085.3% |
| FY2010 | Dec 31, 2010 | $279.00M | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $32.82B | +14.5% |
| Q1 FY2026 | Mar 31, 2026 | $32.83B | +6.2% |
| Q4 FY2025 | Dec 31, 2025 | $32.88B | +19.6% |
| Q3 FY2025 | Sep 30, 2025 | $32.84B | +16.4% |
| Q2 FY2025 | Jun 30, 2025 | $28.65B | -1.0% |
| Q1 FY2025 | Mar 31, 2025 | $30.91B | +13.3% |
| Q4 FY2024 | Dec 31, 2024 | $27.48B | +0.7% |
| Q3 FY2024 | Sep 30, 2024 | $28.22B | +3.4% |
| Q2 FY2024 | Jun 30, 2024 | $28.94B | +6.1% |
| Q1 FY2024 | Mar 31, 2024 | $27.29B | +0.0% |
| Q4 FY2023 | Dec 31, 2023 | $27.28B | +2.2% |
| Q3 FY2023 | Sep 30, 2023 | $27.28B | +2.2% |
| Q2 FY2023 | Jun 30, 2023 | $27.28B | +1.9% |
| Q1 FY2023 | Mar 31, 2023 | $27.28B | +2.1% |
| Q4 FY2022 | Dec 31, 2022 | $26.70B | +4.5% |
| Q3 FY2022 | Sep 30, 2022 | $26.70B | -2.3% |
| Q2 FY2022 | Jun 30, 2022 | $26.77B | -5.5% |
| Q1 FY2022 | Mar 31, 2022 | $26.71B | -17.8% |
| Q4 FY2021 | Dec 31, 2021 | $25.54B | -19.1% |
| Q3 FY2021 | Sep 30, 2021 | $27.34B | -14.2% |
| Q2 FY2021 | Jun 30, 2021 | $28.32B | -12.0% |
| Q1 FY2021 | Mar 31, 2021 | $32.48B | +2.8% |
| Q4 FY2020 | Dec 31, 2020 | $31.58B | +10.0% |
| Q3 FY2020 | Sep 30, 2020 | $31.88B | +10.5% |
| Q2 FY2020 | Jun 30, 2020 | $32.17B | +13.2% |
| Q1 FY2020 | Mar 31, 2020 | $31.61B | +12.4% |
| Q4 FY2019 | Dec 31, 2019 | $28.72B | +4.4% |
| Q3 FY2019 | Sep 30, 2019 | $28.84B | +56.3% |
| Q2 FY2019 | Jun 30, 2019 | $28.41B | +64.5% |
| Q1 FY2019 | Mar 31, 2019 | $28.12B | +62.9% |
| Q4 FY2018 | Dec 31, 2018 | $27.52B | +112.6% |
| Q3 FY2018 | Sep 30, 2018 | $18.45B | +44.3% |
| Q2 FY2018 | Jun 30, 2018 | $17.27B | +37.0% |
| Q1 FY2018 | Mar 31, 2018 | $17.26B | +37.0% |
| Q4 FY2017 | Dec 31, 2017 | $12.95B | +22.5% |
| Q3 FY2017 | Sep 30, 2017 | $12.78B | +21.0% |
| Q2 FY2017 | Jun 30, 2017 | $12.61B | – |
| Q1 FY2017 | Mar 31, 2017 | $12.60B | – |
| Q4 FY2016 | Dec 31, 2016 | $10.57B | – |
| Q3 FY2016 | Sep 30, 2016 | $10.57B | – |
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