Current Liabilities

Total Current Liabilities

Marathon Petroleum Total Current Liabilities increased by 24.1% to $24.41B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $22.73B to $24.41B. Over 5 years (FY 2020 to FY 2025), Total Current Liabilities shows an upward trend with a 4.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests rising short-term obligations, which may strain liquidity if not matched by current asset growth.

Detailed definition

This is the aggregate sum of all financial obligations that the company is required to settle within one year or the cur...

Peer comparison

Universal metric for assessing short-term solvency across all industries.

Metric ID: total_current_liabilities

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$19.51B$16.90B$17.90B$25.12B$28.44B$21.31B$20.02B$17.06B$17.47B$21.74B$20.15B$21.79B$24.00B$21.07B$20.83B$22.73B$19.26B$18.73B$19.68B$24.41B
QoQ Change-13.4%+5.9%+40.4%+13.2%-25.0%-6.1%-14.8%+2.4%+24.4%-7.3%+8.1%+10.2%-12.2%-1.1%+9.1%-15.3%-2.7%+5.1%+24.1%
YoY Change+45.7%+26.1%+11.9%-32.1%-38.6%+2.0%+0.6%+27.7%+37.4%-3.1%+3.4%+4.3%-19.8%-11.1%-5.5%+7.4%
Range$16.90B$28.44B
CAGR+4.8%
Avg YoY Growth+3.5%
Median YoY Growth+2.7%
Current Streak2 quarters growth

Frequently Asked Questions

What is Marathon Petroleum's total current liabilities?
Marathon Petroleum (MPC) reported total current liabilities of $24.41B in Q1 2026.
How has Marathon Petroleum's total current liabilities changed year-over-year?
Marathon Petroleum's total current liabilities increased by 7.4% year-over-year, from $22.73B to $24.41B.
What is the long-term trend for Marathon Petroleum's total current liabilities?
Over 5 years (2020 to 2025), Marathon Petroleum's total current liabilities has grown at a 4.7% compound annual growth rate (CAGR), from $15.66B to $19.68B.
What does total current liabilities mean?
The total amount of all debts and obligations due within the next twelve months.