Marathon Petroleum Corp (MPC) - Total Liabilities
Based on the latest financial reports, Marathon Petroleum Corp (MPC) has total liabilities worth $64.76 Billion USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore how much of Marathon Petroleum Corp's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Marathon Petroleum Corp - Total Liabilities Trend (2008–2025)
This chart illustrates how Marathon Petroleum Corp's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see MPC asset base.
Marathon Petroleum Corp Competitors by Total Liabilities
The table below lists competitors of Marathon Petroleum Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
United Parcel Service Inc
NYSE:UPS
|
USA | $56.17 Billion |
|
NetEase Inc
NASDAQ:NTES
|
USA | $60.67 Billion |
|
Synopsys Inc
NASDAQ:SNPS
|
USA | $16.69 Billion |
|
Canadian National Railway Co
TO:CNR
|
Canada | CA$36.99 Billion |
|
Brookfield Asset Management Ltd.
NYSE:BAM
|
USA | $8.21 Billion |
|
Cummins Inc
NYSE:CMI
|
USA | $21.07 Billion |
|
CAIXABANK UN.ADR 1/3 DL 1
F:FV9J
|
Germany | €632.98 Billion |
|
China Petroleum & Chemical Corp Class A
SHG:600028
|
China | CN¥1.23 Trillion |
Liability Composition Analysis (2008–2025)
This chart breaks down Marathon Petroleum Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See MPC equity to assets ratio to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.18 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 3.87 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.73 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Marathon Petroleum Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Marathon Petroleum Corp (2008–2025)
The table below shows the annual total liabilities of Marathon Petroleum Corp from 2008 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $61.47 Billion | +13.10% |
| 2024-12-31 | $54.35 Billion | -0.43% |
| 2023-12-31 | $54.59 Billion | -0.42% |
| 2022-12-31 | $54.82 Billion | +5.84% |
| 2021-12-31 | $51.79 Billion | -5.73% |
| 2020-12-31 | $54.94 Billion | -0.92% |
| 2019-12-31 | $55.45 Billion | +15.79% |
| 2018-12-31 | $47.89 Billion | +75.93% |
| 2017-12-31 | $27.22 Billion | +17.27% |
| 2016-12-31 | $23.21 Billion | -0.98% |
| 2015-12-31 | $23.44 Billion | +23.14% |
| 2014-12-31 | $19.04 Billion | +11.62% |
| 2013-12-31 | $17.05 Billion | +12.80% |
| 2012-12-31 | $15.12 Billion | -6.91% |
| 2011-12-31 | $16.24 Billion | +8.35% |
| 2010-12-31 | $14.99 Billion | +24.05% |
| 2009-12-31 | $12.08 Billion | +30.74% |
| 2008-12-31 | $9.24 Billion | -- |
About Marathon Petroleum Corp
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United … Read more