Marathon Petroleum Corp (MPC) — Tangible Net Worth Ratio

Latest as of March 2026: 88.7%

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. See Marathon Petroleum Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

88.7%
Tangible equity / total equity

Net Assets (Equity)

$23.43 Billion
USD

Intangible Assets

$2.66 Billion
Goodwill, patents, brand value

Total Assets

$88.19 Billion
USD

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. See Marathon Petroleum Corp (MPC) defensive interval to measure how many days the company can operate on defensive assets alone.

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. For the full company profile including market capitalisation, see Marathon Petroleum Corp (MPC) total market value.

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
pp = percentage points