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Marathon Petroleum MPC Operating Lease Liabilities

Operating Lease Liabilities at other companies

Exxon Mobil logo
Exxon MobilXOM
$4.89B+5.8%
Imperial Oil logo
Imperial OilIMO
$146M+0.7%
Permian Resources logo
Permian ResourcesPR
$58.47M-29.2%
Energy Transfer logo
Energy TransferET
$1.57B+109%
Delta Air Lines logo
Delta Air LinesDAL
$5.3B-7.1%
Enterprise Products Partners logo
Enterprise Products PartnersEPD

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:OperatingLeaseLiabilityNoncurrent.

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?
Marathon Petroleum (MPC) reported operating lease liabilities of $1B in Q1 2026.
How has Marathon Petroleum's operating lease liabilities changed year-over-year?
Marathon Petroleum's operating lease liabilities increased by 22.4% year-over-year, from $817M to $1B.
What is the long-term trend for Marathon Petroleum's operating lease liabilities?
Over 5 years (2020 to 2025), Marathon Petroleum's operating lease liabilities has grown at a -0.4% compound annual growth rate (CAGR), from $1.01B to $993M.
What does operating lease liabilities mean?
The total value of long-term lease payments the company is committed to making after the current year.
How do you interpret operating lease liabilities?
An increase reflects expansion of leased asset usage, while a decrease suggests lease expirations or a shift toward asset ownership.
How does operating lease liabilities compare across companies?
Highly comparable across peers; reflects the company's preference for leasing versus owning critical infrastructure.