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Marathon Petroleum MPC Operating Lease Liabilities (Current)

Operating Lease Liabilities (Current) at other companies

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$93M+20.8%
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$77M-21.4%
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$88M-15.4%
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$172M+455%
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$1.94B+4.9%
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MPLXMPLX

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$70.91B+58.4%
Enterprise value$70.26B+66.5%
P/E15.3×-3.1×
P/S0.5×+0.2×

Profitability

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Gross margin10.4%+1.9pp
Operating margin6.7%+2.5pp
Net margin3.4%+1.7pp
FCF margin4.2%+1.0pp

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:OperatingLeaseLiabilityCurrent.

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 operating lease liabilities (current)?
Marathon Petroleum (MPC) reported operating lease liabilities (current) of $501M in Q1 2026.
How has Marathon Petroleum's operating lease liabilities (current) changed year-over-year?
Marathon Petroleum's operating lease liabilities (current) increased by 22.2% year-over-year, from $410M to $501M.
What is the long-term trend for Marathon Petroleum's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Marathon Petroleum's operating lease liabilities (current) has grown at a -0.3% compound annual growth rate (CAGR), from $497M to $489M.
What does operating lease liabilities (current) mean?
The amount of operating lease payments due within the next year.
How do you interpret operating lease liabilities (current)?
Higher values indicate increased reliance on leased assets, which may impact future cash flow availability.
How does operating lease liabilities (current) compare across companies?
Common in capital-intensive industries where companies lease logistics, storage, or office space rather than owning them.