Marathon Petroleum Quarterly Balance Sheet
NYSE: MPCEnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Marathon Petroleum financial position
As of Jun 30, 2026, Marathon Petroleum reported total assets of $94.31 billion, up 20.2% from a year earlier against total liabilities of $68.59 billion. Shareholders' equity stood at $19.08 billion, or 20.2% of assets. The company held $7.77 billion in cash and equivalents against $32.82 billion of debt, a net debt position of $25.05 billion.
The current ratio (current assets divided by current liabilities) was 1.25, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.72.
Summary generated from market data by MetaCap's automated system. Methodology
Marathon Petroleum balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.77B | 2.15B | 3.67B | 2.65B | 1.67B | 3.81B | 3.21B | 4.00B | 4.44B | 3.17B | 5.44B | 8.45B |
| Short-Term Investments | — | — | — | — | — | — | 0 | 1.14B | 4.06B | 4.40B | 4.78B | 4.60B |
| Receivables | 15.74B | 14.63B | 10.32B | 10.49B | 11.13B | 12.11B | 11.14B | 10.18B | 12.31B | 13.17B | 12.19B | 12.47B |
| Inventory | 9.97B | 10.76B | 10.13B | 9.83B | 10.11B | 10.49B | 9.57B | 9.89B | 9.80B | 9.78B | 9.32B | 10.14B |
| Total Current Assets | 34.29B | 28.70B | 24.78B | 24.63B | 23.73B | 27.14B | 24.45B | 25.95B | 31.35B | 31.26B | 32.13B | 36.27B |
| Property, Plant & Equipment | 37.94B | 37.60B | 37.40B | 36.98B | 34.80B | 34.94B | 35.03B | 34.54B | 34.69B | 34.96B | 35.11B | 34.69B |
| Goodwill | 9.34B | 9.34B | 9.35B | 9.33B | 8.24B | 8.24B | 8.24B | 8.24B | 8.24B | 8.24B | 8.24B | 8.24B |
| Intangible Assets | 2.59B | 2.66B | 2.71B | 2.75B | — | — | 1.77B | — | — | — | 1.76B | — |
| Total Assets | 94.31B | 88.19B | 83.95B | 83.24B | 78.48B | 81.63B | 78.86B | 79.83B | 85.23B | 85.53B | 85.99B | 89.97B |
| Accounts Payable | 19.23B | 17.62B | 12.97B | 12.49B | 13.35B | 14.75B | 13.91B | 12.76B | 14.87B | 15.47B | 13.76B | 15.84B |
| Short-Term Debt | 2.12B | 2.12B | 2.37B | 1.61B | 1.82B | 4.07B | 3.05B | 4.17B | 4.90B | 2.46B | 1.95B | 819.00M |
| Total Current Liabilities | 27.42B | 24.41B | 19.68B | 18.73B | 19.25B | 22.73B | 20.83B | 21.07B | 24.00B | 21.79B | 20.15B | 21.73B |
| Long-Term Debt | 30.70B | 30.71B | 30.50B | 31.23B | 26.84B | 26.84B | 24.43B | 24.05B | 24.03B | 24.83B | 25.33B | 26.46B |
| Total Liabilities | 68.59B | 64.76B | 59.87B | 59.35B | 55.22B | 58.57B | 54.35B | 54.12B | 57.14B | 55.76B | 54.59B | 57.17B |
| Shareholders' Equity | 19.08B | 16.75B | 17.31B | 17.10B | 16.62B | 16.40B | 17.75B | 18.93B | 21.32B | 22.92B | 24.40B | 25.86B |
| Retained Earnings | 44.81B | 39.97B | 39.75B | 38.52B | 37.42B | 36.49B | 36.85B | 36.77B | 36.42B | 35.20B | 34.56B | 33.42B |
| Total Debt | 32.82B | 32.83B | 32.88B | 32.84B | 28.65B | 30.91B | 27.48B | 28.22B | 28.94B | 27.29B | 27.28B | 27.28B |
| Net Cash (Debt) | -25.05B | -30.67B | -29.20B | -30.19B | -26.98B | -27.10B | -24.27B | -23.08B | -20.44B | -19.71B | -17.06B | -14.23B |
This table shows 12 quarterly periods of Marathon Petroleum's balance sheet, from Q2 2026 back to Q3 2023, 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?