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Marathon Petroleum MPC Net debt / EBITDA

Net debt / EBITDA at other companies

Valero Energy logo
Valero EnergyVLO
-4.1×
Exxon Mobil logo
Exxon MobilXOM
0.6×+0.3×
Imperial Oil logo
Imperial OilIMO
0.3×+0.1×
Permian Resources logo
Permian ResourcesPR
0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
4.5×+0.2×
Chevron logo
ChevronCVX
+0.4×

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

Calculated from Marathon Petroleum’s reported figures.

Based on the most recent quarter.

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 net debt / EBITDA?
Marathon Petroleum (MPC) reported net debt / EBITDA of -0.1× in Q1 2026.
How has Marathon Petroleum's net debt / EBITDA changed year-over-year?
Marathon Petroleum's net debt / EBITDA increased by 81.5% year-over-year, from -0.3× to -0.1×.
What is the long-term trend for Marathon Petroleum's net debt / EBITDA?
Over 4 years (2021 to 2025), Marathon Petroleum's net debt / EBITDA has grown at a -36.4% compound annual growth rate (CAGR), from -3.5× to -0.6×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.