Current Liabilities

Accounts Payable

Marathon Petroleum Accounts Payable increased by 35.8% to $17.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.5%, from $14.75B to $17.62B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 10.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase can signal improved cash management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.

Detailed definition

This represents the short-term obligations owed to suppliers and vendors for goods and services received on credit. It i...

Peer comparison

Standard current liability for all companies; comparable across industries based on days payable outstanding.

Metric ID: accounts_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$12.17B$12.20B$13.70B$19.79B$22.50B$16.68B$15.31B$13.03B$13.05B$15.84B$13.76B$15.47B$14.87B$12.76B$13.91B$14.75B$13.35B$12.49B$12.97B$17.62B
QoQ Change+0.2%+12.3%+44.5%+13.7%-25.9%-8.2%-14.9%+0.2%+21.4%-13.1%+12.4%-3.9%-14.1%+9.0%+6.1%-9.5%-6.4%+3.9%+35.8%
YoY Change+84.9%+36.8%+11.8%-34.2%-42.0%-5.1%-10.1%+18.7%+13.9%-19.4%+1.1%-4.7%-10.2%-2.2%-6.7%+19.5%
Range$12.17B$22.50B
CAGR+8.1%
Avg YoY Growth+3.3%
Median YoY Growth-3.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is Marathon Petroleum's accounts payable?
Marathon Petroleum (MPC) reported accounts payable of $17.62B in Q1 2026.
How has Marathon Petroleum's accounts payable changed year-over-year?
Marathon Petroleum's accounts payable increased by 19.5% year-over-year, from $14.75B to $17.62B.
What is the long-term trend for Marathon Petroleum's accounts payable?
Over 5 years (2020 to 2025), Marathon Petroleum's accounts payable has grown at a 10.7% compound annual growth rate (CAGR), from $7.80B to $12.97B.
What does accounts payable mean?
Money the company owes to its suppliers for goods or services.