Income StatementBalance SheetCash FlowSegments
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Marathon Petroleum Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Marathon Petroleum holds $88.2B in total assets. Shareholders' equity is $16.8B against $1.5B in total debt. Cash and equivalents total $2.2B. The current ratio is 1.18 and debt-to-equity is 0.090. Based on the Q1 2026 filing.

Total Assets$88.2BTotal Stockholders Equity$16.8BCash And Equivalents$2.2BTotal Current Assets$28.7BTotal Current Liabilities$24.4B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$75.8B
P/E Ratio16.36
ROE27.95%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$13.9B$14.7B$13.3B$12.5B$13.0B$17.6B
Compensation and benefits$1.1B$1.2B$756.0M$968.0M$1.1B$1.2B
Other accrued liabilities$1.2B$1.1B$1.5B$1.6B$1.3B$1.3B
Finance Lease Liability, Current$94.0M———$105.0M—
Income taxes payable$1.2B$1.3B$1.4B$1.4B$1.5B$1.6B
Operating lease liabilities, current$417.0M$410.0M$446.0M$441.0M$489.0M$501.0M
Total current liabilities$20.8B$22.7B$19.3B$18.7B$19.7B$24.4B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$11.1B$12.1B$11.1B$10.5B$10.3B$14.6B
Cash and cash equivalents$3.2B$3.8B$1.7B$2.7B$3.7B$2.2B
Other current assets$524.0M$726.0M$821.0M$626.0M$662.0M$1.2B
Inventories$9.6B$10.5B$10.1B$9.8B$10.1B$10.8B
Total current assets$24.4B$27.1B$23.7B$24.6B$24.8B$28.7B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$114.0M-$109.0M-$108.0M-$109.0M-$105.0M-$108.0M
Additional paid-in capital$33.6B$33.7B$33.7B$33.7B$33.7B$33.7B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$10.0M$10.0M$10.0M$10.0M$10.0M$10.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Treasury Stock, Value$52.6B$53.7B$54.4B$55.0B$56.0B$56.8B
Retained earnings$36.8B$36.5B$37.4B$38.5B$39.8B$40.0B
Total liabilities and stockholders' equity$78.9B$81.6B$78.5B$83.2B$84.0B$88.2B
Total stockholders' equity$17.7B$16.4B$16.6B$17.1B$17.3B$16.8B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Credits$1.3B$1.2B$1.2B$1.4B$1.5B$1.4B
Finance lease liabilities$630.0M———$590.0M—
Long-Term Debt and Finance Lease Obligations$24.4B$26.8B$26.8B$31.2B$30.5B$30.7B
Retirement and nonpension postretirement benefit obligations$1.2B$1.2B$1.2B$1.1B$1.2B$1.2B
Operating lease liabilities, non-current$860.0M$817.0M$935.0M$918.0M$993.0M$1.0B
Total liabilities$54.4B$58.6B$55.2B$59.4B$59.9B$64.8B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$8.2B$8.2B$8.2B$9.3B$9.4B$9.3B
Other intangible assets—net$1.8B——$2.7B$2.7B$2.7B
Operating lease right-of-use assets$1.3B$1.2B$1.4B$1.4B$1.5B$1.5B
Other non-current assets$3.0B$3.0B$3.0B$1.3B$1.4B$1.4B
Property, plant and equipment, net$35.0B$34.9B$34.8B$37.0B$37.4B$37.6B
Total assets$78.9B$81.6B$78.5B$83.2B$84.0B$88.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred income taxes$5.8B$5.8B$5.7B$6.0B$6.0B$6.0B
Equity method investments (Note 11)$6.9B$7.1B$7.3B$6.9B$6.8B$7.0B
Less: current maturities$3.0B$4.1B$1.8B$1.6B$2.4B$2.1B
Noncontrolling interests in subsidiaries$6.6B$6.7B$6.6B$6.8B$6.8B$6.7B