Marathon Petroleum Corp (MPC) — Tangible Net Worth Ratio
Marathon Petroleum Corp (MPC) has a Tangible Net Worth Ratio of 88.7% as of March 2026. This metric is calculated by deducting intangible assets ($2.66 Billion) from net assets ($23.43 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore MPC net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Marathon Petroleum Corp Tangible Net Worth Ratio (2008–2025)
This chart shows how Marathon Petroleum Corp's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 88.7%, reflecting net assets of $23.43 Billion with intangible assets of $2.66 Billion USD. For live market cap and overall valuation, see Marathon Petroleum Corp stock valuation.
Annual Tangible Net Worth Ratio for Marathon Petroleum Corp (2008–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Marathon Petroleum Corp from 2008 to 2025, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore MPC capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 88.7% | $24.09 Billion | $2.71 Billion | $85.56 Billion | ▼ -4.0 pp |
| 2024 | 92.8% | $24.51 Billion | $1.77 Billion | $78.86 Billion | ▼ -1.6 pp |
| 2023 | 94.4% | $31.40 Billion | $1.76 Billion | $85.99 Billion | ▲ +23.2 pp |
| 2022 | 71.2% | $35.09 Billion | $10.12 Billion | $89.90 Billion | ▼ -22.5 pp |
| 2021 | 93.6% | $33.58 Billion | $2.13 Billion | $85.37 Billion | ▲ +1.5 pp |
| 2020 | 92.2% | $30.22 Billion | $2.36 Billion | $85.16 Billion | ▼ -1.3 pp |
| 2019 | 93.5% | $43.11 Billion | $2.81 Billion | $98.56 Billion | ▲ +0.8 pp |
| 2018 | 92.6% | $45.05 Billion | $3.31 Billion | $92.94 Billion | ▼ -4.5 pp |
| 2017 | 97.1% | $21.83 Billion | $631.00 Million | $49.05 Billion | ▲ +17.4 pp |
| 2016 | 79.7% | $21.20 Billion | $4.31 Billion | $44.41 Billion | ▲ +3.7 pp |
| 2015 | 75.9% | $19.68 Billion | $4.74 Billion | $43.12 Billion | ▼ -10.3 pp |
| 2014 | 86.3% | $11.39 Billion | $1.57 Billion | $30.43 Billion | ▼ -5.5 pp |
| 2013 | 91.7% | $11.33 Billion | $938.00 Million | $28.39 Billion | ▼ -0.6 pp |
| 2012 | 92.3% | $12.11 Billion | $930.00 Million | $27.22 Billion | ▲ +1.2 pp |
| 2011 | 91.1% | $9.51 Billion | $842.00 Million | $25.75 Billion | ▲ +1.3 pp |
| 2010 | 89.8% | $8.24 Billion | $837.00 Million | $23.23 Billion | ▼ -0.6 pp |
| 2009 | 90.5% | $9.17 Billion | $872.00 Million | $21.25 Billion | ▼ -9.5 pp |
| 2008 | 100.0% | $8.94 Billion | $0.00 | $18.18 Billion | — |