Marathon Petroleum (LTS:0JYA) Debt-to-EBITDA : (As of Jun. 2026)

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LTS:0JYA Marathon Petroleum Corp LTS:0JYA
55 GF Score
Price $422.56
GF Value $229.55
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Marathon Petroleum Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Marathon Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $2,619 Mil. Marathon Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $31,673 Mil. Marathon Petroleum's annualized EBITDA for the quarter that ended in Jun. 2026 was $32,864 Mil. Marathon Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.04.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Marathon Petroleum's Debt-to-EBITDA or its related term are showing as below:

LTS:0JYA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.72   Med: 2.57   Max: 4.04
Current: 1.95

During the past 13 years, the highest Debt-to-EBITDA Ratio of Marathon Petroleum was 4.04. The lowest was -3.72. And the median was 2.57.

LTS:0JYA's Debt-to-EBITDA is ranked worse than
52.79% of 718 companies
in the Oil & Gas industry
Industry Median: 1.825 vs LTS:0JYA: 1.95

Marathon Petroleum  (LTS:0JYA) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Marathon Petroleum Debt-to-EBITDA Related Terms

Marathon Petroleum Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Marathon Petroleum's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marathon Petroleum Debt-to-EBITDA Chart

Marathon Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Marathon Petroleum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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LTS:0JYA vs VLO, PSX, DINO: Debt-to-EBITDA Comparison

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marathon Petroleum Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Petroleum's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's Debt-to-EBITDA falls into.


LTS:0JYA
55GF Score
Marathon Petroleum Corp LTS:0JYA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marathon Petroleum Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Marathon Petroleum's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2860 + 31498) / 11780
=2.92

Marathon Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2619 + 31673) / 32864
=1.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is Marathon Petroleum (LTS:0JYA) Overvalued in 2026?

Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued. The current stock price of $422.56 is trading 84.1% above its estimated GF Value™ of $229.55. GuruFocus considers Marathon Petroleum to be Significantly Overvalued.

Key valuation signals for LTS:0JYA:

  • Debt-to-EBITDA:
  • GF Value™: $229.55 vs. price of $422.56 (84.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the LTS:0JYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Marathon Petroleum Business Description

Industry EnergyOil & Gas
Address 539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an aggregate crude oil refining capacity of 3.0 million barrels per day. The company is one of the largest producers of renewable diesel in the US; its Dickinson, North Dakota facility has the capacity to produce 184 million gallons per year, and its Martinez, California, joint venture facility (a 50/50 partnership with Neste) reached its full capacity of 730 million gallons per year in late 2024. Marathon also owns the general partner and approximately 64% of MPLX LP, a large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets.
55GF Score

Get the complete analysis for LTS:0JYA

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$422.56
Price
$229.55
GF Value