Marathon Petroleum Balance Sheet
NYSE: MPCEnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Marathon Petroleum financial position
At the end of fiscal 2025, Marathon Petroleum reported total assets of $83.95 billion, up 6.5% from a year earlier against total liabilities of $59.87 billion. Shareholders' equity stood at $17.31 billion, or 20.6% of assets. The company held $3.67 billion in cash and equivalents against $32.88 billion of debt, a net debt position of $29.20 billion.
The current ratio (current assets divided by current liabilities) was 1.26, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.90.
Summary generated from market data by MetaCap's automated system. Methodology
Marathon Petroleum balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.67B | 3.21B | 5.44B | 8.63B | 5.29B | 415.00M | 1.39B | 1.69B | 3.01B | 887.00M |
| Short-Term Investments | — | 0 | 4.78B | 3.15B | 5.55B | — | — | — | — | — |
| Receivables | 10.32B | 11.14B | 12.19B | 13.48B | 11.03B | 5.76B | 7.23B | 5.85B | 4.70B | 3.62B |
| Inventory | 10.13B | 9.57B | 9.32B | 8.83B | 8.05B | 8.00B | 9.80B | 9.84B | 5.55B | 5.66B |
| Total Current Assets | 24.78B | 24.45B | 32.13B | 35.24B | 30.50B | 28.29B | 30.46B | 18.02B | 13.40B | 10.40B |
| Property, Plant & Equipment | 37.40B | 35.03B | 35.11B | 35.66B | 37.44B | 39.03B | 40.87B | 45.06B | 26.44B | 25.77B |
| Goodwill | 9.35B | 8.24B | 8.24B | 8.24B | 8.26B | 8.26B | 15.65B | 15.83B | 3.59B | 3.59B |
| Intangible Assets | 2.71B | 1.77B | 1.76B | 1.88B | 2.13B | 2.36B | 2.81B | 3.31B | 631.00M | 725.00M |
| Total Assets | 83.95B | 78.86B | 85.99B | 89.90B | 85.37B | 85.16B | 98.56B | 92.94B | 49.05B | 44.41B |
| Accounts Payable | 12.97B | 13.91B | 13.76B | 15.31B | 13.70B | 7.80B | 11.22B | 9.37B | 8.30B | 5.59B |
| Short-Term Debt | 2.37B | 3.05B | 1.95B | 1.07B | 571.00M | 2.85B | 704.00M | 544.00M | 624.00M | 28.00M |
| Total Current Liabilities | 19.68B | 20.83B | 20.15B | 20.02B | 17.90B | 15.66B | 16.95B | 13.22B | 10.48B | 7.15B |
| Long-Term Debt | 30.50B | 24.43B | 25.33B | 25.63B | 24.97B | 28.73B | 28.02B | 26.98B | 12.32B | 10.54B |
| Total Liabilities | 59.87B | 54.35B | 54.59B | 54.82B | 51.79B | 54.94B | 55.45B | 47.89B | 27.22B | 23.21B |
| Shareholders' Equity | 17.31B | 17.75B | 24.40B | 27.71B | 26.21B | 22.20B | 33.69B | 35.17B | 14.03B | 13.56B |
| Retained Earnings | 39.75B | 36.85B | 34.56B | 26.14B | 12.90B | 4.65B | 15.99B | 14.76B | 12.86B | 10.21B |
| Total Debt | 32.88B | 27.48B | 27.28B | 26.70B | 25.54B | 31.58B | 28.72B | 27.52B | 12.95B | 10.57B |
| Net Cash (Debt) | -29.20B | -24.27B | -17.06B | -14.93B | -14.70B | -31.17B | -27.33B | -25.84B | -9.94B | -9.69B |
This table shows 10 annual periods of Marathon Petroleum's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MPC's reporting calendar. What is a balance sheet?