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Marathon Petroleum Long-Term Debt 2010-2026 | MPC

Annual FY2010–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$30.50B

+24.9%YoY vs FY2024Source: 10-KFY2025

From $279.0M in FY2010 to $30.50B in FY2025: 109.3× in 15 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$30.7B+14.4%$30.7B+14.4%$32.9B+5.3%Not reported
FY25$26.8B+8.1%$26.8B+11.7%$31.2B+29.8%$30.5B+24.9%
FY24$24.8B−8.7%$24.0B−11.7%$24.1B−9.1%$24.4B−3.5%
FY23$27.2B+6.1%$27.2B+5.9%$26.5B+3.2%$25.3B−1.2%
FY22$25.6B−16.5%$25.7B−9.1%$25.6B−6.0%$25.6B+2.7%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date.

Key Statistics

Trend DirectionStable
CAGR

+1.2%

FY2020
$28.73B
FY2025
$30.50B

5 years selected · on the chart

Long-Term Debt History

Year-over-year comparison from 10-K annual reports

  1. $30.50B
YoY changeLargest recent move+119.0%in FY18Latest +24.9%

1 older move runs past ±150% (largest +1082.4%); point at, tap or drag across the bars to read one.

Long-Term Debt, period by period

PeriodValueChangeSource
FY2025$30.50B+24.9%10-K
FY2024$24.43B−3.5%10-K
FY2023$25.33B−1.2%10-K
FY2022$25.63B+2.7%10-K
FY2021$24.97B−13.1%10-K
FY2020$28.73B+2.5%10-K
FY2019$28.02B+3.9%10-K
FY2018$26.98B+119.0%10-K
FY2017$12.32B+16.9%10-K
FY2016$10.54B−11.4%10-K
FY2015$11.90B+80.9%10-K
FY2014$6.58B+94.9%10-K
FY2013$3.37B+0.9%10-K
FY2012$3.34B+1.3%10-K
FY2011$3.30B+1082.4%10-K
FY2010$279.0M—10-K

What is long-term debt?

Long-term debt includes bonds, mortgages, and other borrowings with maturities greater than one year.

What is Marathon Petroleum's current long-term debt?

Marathon Petroleum (MPC) annual long-term debt for 2025 was $30.50B, a 24.86% increase from 2024. Marathon Petroleum long-term debt for the quarter ending September 30, 2026 was $32.89B.

What was Marathon Petroleum's long-term debt in 2024?

Marathon Petroleum annual long-term debt for 2024 was $24.43B, a 3.54% decline from 2023.

What was Marathon Petroleum's long-term debt in 2023?

Marathon Petroleum annual long-term debt for 2023 was $25.33B, a 1.19% decline from 2022.

What is Marathon Petroleum's 5-year long-term debt CAGR?

Marathon Petroleum long-term debt grew at a compound annual growth rate (CAGR) of 1.21% from FY2020 to FY2025, going from $28.73B to $30.50B over 5 years.

Company
Marathon Petroleum
Ticker
MPC
Sector
Energy
Industry
Petroleum Refining