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Marathon Petroleum MPC Long-Term Debt and Finance Lease Obligations

Long-Term Debt and Finance Lease Obligations at other companies

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Williams CompaniesWMB
$25.59B+3.1%
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ChevronCVX
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Atmos EnergyATO

Other financials

Income statement

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Revenue$34.2B+8.5%
Gross profit$2.9B+36.3%
Operating income$1.4B+104%
Net income$511.0M+791%
EPS (diluted)$1.73+821%

Balance sheet

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Cash & equivalents$2.2B-43.6%
Total debt$1.5B+22.3%
Total equity$16.8B+2.2%
Total assets$88.2B+8.0%

Cash flow

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Operating cash flow$1.1B+1,852%
CapEx$913.0M+37.7%
Free cash flow$208.0M+129%

Valuation

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Market cap$0+58.4%

Profitability

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Gross margin10.4%+1.9pp
Operating margin6.7%+2.5pp
Net margin3.4%+1.7pp

Returns & leverage

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Return on equity27.9%+15.6pp
Debt / equity0.1×0.0×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Marathon Petroleum in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebtAndCapitalLeaseObligations.

The official record: Marathon Petroleum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marathon Petroleum's long-term debt and finance lease obligations?
Marathon Petroleum (MPC) reported long-term debt and finance lease obligations of $30.71B in Q1 2026.
How has Marathon Petroleum's long-term debt and finance lease obligations changed year-over-year?
Marathon Petroleum's long-term debt and finance lease obligations increased by 14.4% year-over-year, from $26.85B to $30.71B.
What is the long-term trend for Marathon Petroleum's long-term debt and finance lease obligations?
Over 5 years (2020 to 2025), Marathon Petroleum's long-term debt and finance lease obligations has grown at a 1.2% compound annual growth rate (CAGR), from $28.73B to $30.51B.
What does long-term debt and finance lease obligations mean?
The total amount of debt and finance lease payments due after more than one year.
How do you interpret long-term debt and finance lease obligations?
High levels indicate significant leverage, which can increase financial risk, while lower levels suggest a more conservative capital structure.
How does long-term debt and finance lease obligations compare across companies?
Refining companies often carry substantial long-term debt to fund large-scale infrastructure projects and refinery maintenance.