Marathon Petroleum Corp Interest Expense 2009-2026 | MPC
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is Marathon Petroleum Corp's current interest expense?
Marathon Petroleum Corp (MPC) annual interest expense for 2025 was $1.49B, a 9.08% increase from 2024. Marathon Petroleum Corp interest expense for the quarter ending March 31, 2026 was $420.0M.
What was Marathon Petroleum Corp's interest expense in 2024?
Marathon Petroleum Corp annual interest expense for 2024 was $1.36B, a 3.02% increase from 2023.
What was Marathon Petroleum Corp's interest expense in 2023?
Marathon Petroleum Corp annual interest expense for 2023 was $1.32B, a 2.00% increase from 2022.
What is Marathon Petroleum Corp's 5-year interest expense CAGR?
Marathon Petroleum Corp interest expense grew at a compound annual growth rate (CAGR) of 0.37% from FY2020 to FY2025, going from $1.46B to $1.49B over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+0.4%
FY2020
$1.46B
→
FY2025
$1.49B
0910111213141516171819202122232425
5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.49B | +9.1% | 10-K |
| FY2024 | $1.36B | +3.0% | 10-K |
| FY2023 | $1.32B | +2.0% | 10-K |
| FY2022 | $1.30B | -3.1% | 10-K |
| FY2021 | $1.34B | -8.3% | 10-K |
| FY2020 | $1.46B | +5.3% | 10-K |
| FY2019 | $1.39B | +35.5% | 10-K |
| FY2018 | $1.02B | +49.0% | 10-K |
| FY2017 | $688.0M | +14.3% | 10-K |
| FY2016 | $602.0M | +85.2% | 10-K |
| FY2015 | $325.0M | +41.9% | 10-K |
| FY2014 | $229.0M | +17.4% | 10-K |
| FY2013 | $195.0M | +2.1% | 10-K |
| FY2012 | $191.0M | +16.5% | 10-K |
| FY2011 | $164.0M | +811.1% | 10-K |
| FY2010 | $18.0M | +20.0% | 10-K |
| FY2009 | $15.0M | - | 10-K |
Company: Marathon Petroleum CorpTicker: MPCSector: EnergyIndustry: Petroleum RefiningView company profile →