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Marathon Petroleum MPC Total Current Liabilities

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Other financials

Income statement

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Revenue$52.0B+53.8%
Gross profit$8.9B+137%
Operating income$7.3B+233%
Net income$5.1B+323%
EPS (diluted)$17.73+348%

Balance sheet

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Cash & equivalents$7.8B+364%
Total debt$32.8B+2,276%
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$92.39B+79.1%
Enterprise value$91.74B+129%
P/E10.8×-13.4×
P/S0.6×+0.2×

Profitability

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Gross margin12.5%+3.9pp
Operating margin9.2%+5.2pp
Net margin5.6%+4.0pp
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:LiabilitiesCurrent.

The source filing: Marathon Petroleum’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 1:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001510295-26-000042
(Millions of dollars, except share data)March 31,2026December 31,2025
Debt due within one year2,1192,371
Operating lease liabilities501489
Other current liabilities1,3341,253
Total current liabilities24,41119,678
Long-term debt30,70630,505
Deferred income taxes5,9955,984
Defined benefit postretirement plan obligations1,2311,173
Long-term operating lease liabilities1,000993

Item 1. Financial Statements

FAQ

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 sum of all obligations due within one year — payables, accrued expenses, current debt, deferred revenue, and other short-term liabilities.

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