Latest period
$34.33B
YoY change
+19.5%
5Y CAGR
+0.8%
Peak year (2025)
$34.36B
Latest annual
$34.36B
Total Debt history chart for Marathon Petroleum (MPC) from 2008 to 2025
Latest: $34.36B
Total Debt growth chart for Marathon Petroleum (MPC) from 2008 to 2025
Latest: +19.5%
Total Debt history table for Marathon Petroleum (MPC) from 2008 to 2025
| 2025 | $34.36B | +19.5% | +$5.60B | ||
| 2024 | $28.76B | +0.9% | +$257.00M | ||
| 2023 | $28.50B | +2.1% | +$592.00M | ||
| 2022 | $27.91B | +3.7% | +$1.00B | ||
| 2021 | $26.90B | -18.7% | −$6.19B | ||
| 2020 | $33.09B | +8.4% | +$2.56B | ||
| 2019 | $30.54B | +11.0% | +$3.01B | ||
| 2018 | $27.52B | +112.6% | +$14.58B | ||
| 2017 | $12.95B | +22.5% | +$2.37B | ||
| 2016 | $10.57B | -11.3% | −$1.35B | ||
| 2015 | $11.93B | +80.6% | +$5.32B | ||
| 2014 | $6.60B | +94.4% | +$3.21B | ||
| 2013 | $3.40B | +1.0% | +$35.00M | ||
| 2012 | $3.36B | +1.6% | +$54.00M | ||
| 2011 | $3.31B | -15.1% | −$590.00M | ||
| 2010 | $3.90B | +49.2% | +$1.28B | ||
| 2009 | $2.61B | +3.4% | +$87.00M | ||
| 2008 | $2.52B | — | — |
- 2025$34.36B+19.5%
- 2024$28.76B+0.9%
- 2023$28.50B+2.1%
- 2022$27.91B+3.7%
- 2021$26.90B-18.7%
- 2020$33.09B+8.4%
- 2019$30.54B+11.0%
- 2018$27.52B+112.6%
- 2017$12.95B+22.5%
- 2016$10.57B-11.3%
- 2015$11.93B+80.6%
- 2014$6.60B+94.4%
- 2013$3.40B+1.0%
- 2012$3.36B+1.6%
- 2011$3.31B-15.1%
- 2010$3.90B+49.2%
- 2009$2.61B+3.4%
- 2008$2.52B—
Total Debt values are taken from Marathon Petroleum's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Debt at Marathon Petroleum (MPC)
According to Marathon Petroleum's latest reported financial statements, the company's latest reported total debt is $34.33B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Marathon Petroleum (MPC) total debt is $34.36B – grew 19.5% year-over-year.
Through 2020–2025 (5 years), Marathon Petroleum total debt delivered a +0.8% annualised rate; with mixed annual results across the window.
The highest annual total debt of $34.36B was reported in 2025. The lowest in the available history was $2.52B in 2008.
Marathon Petroleum Total Debt by Year
Marathon Petroleum Total Debt 2025: $34.36B
Marathon Petroleum total debt in 2025 was $34.36B, grew 19.5% from 2024. This figure represents the highest annual value in the available history.
Marathon Petroleum Total Debt 2024: $28.76B
2024's total debt for Marathon Petroleum came in at $28.76B, edged up 0.9% from 2023.
Marathon Petroleum Total Debt 2023: $28.50B
Marathon Petroleum posted total debt of $28.50B in 2023, edged up 2.1% from 2022.
Marathon Petroleum Total Debt 2022: $27.91B
In 2022, Marathon Petroleum reported total debt of $27.91B, edged up 3.7% from 2021.
Marathon Petroleum Total Debt 2021: $26.90B
Marathon Petroleum total debt in 2021 was $26.90B.
See more financial history for Marathon Petroleum (MPC).
Sector peers by Total Debt
Energy peers of Marathon Petroleum (MPC), ranked by their latest total debt
| $106.40B | |
| $46.74B | |
| $43.54B | |
| $29.36B | |
| $23.44B | |
| $12.31B | |
| $11.70B | |
| $8.41B |
- $106.40B
- $46.74B
- $43.54B
- $29.36B
- $23.44B
- $12.31B
- $11.70B
- $8.41B
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