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Marathon PetroleumMEX:MPC 66 Equity-to-Asset is 0.19 as of Mar. 2026, which is 34% below its 10-year median of 0.29. GuruFocus rates MEX:MPC with a GF Score™ of 66/100 and a GF Value™ of MXN3,881.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,028 Oil & Gas companies, Marathon Petroleum ranks worse than 81.91% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marathon Petroleum's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN302,102 Mil. Marathon Petroleum's Total Assets for the quarter that ended in Mar. 2026 was MXN1,590,250 Mil.
Therefore, Marathon Petroleum's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.19.
The historical rank and industry rank for Marathon Petroleum's Equity-to-Asset or its related term are showing as below:
MEX:MPC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.29 Max: 0.38
Current: 0.19
During the past 13 years, the highest Equity to Asset Ratio of Marathon Petroleum was 0.38. The lowest was 0.19. And the median was 0.29.
MEX:MPC's Equity-to-Asset is ranked worse than 81.91% of 1028
companies
in the Oil & Gas industry
Industry Median: 0.49
vs MEX:MPC: 0.19
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Marathon Petroleum Equity-to-Asset Related Terms
Marathon Petroleum Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Marathon Petroleum's Equity-to-Asset 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.
MEX:MPC vs VLO, PSX, DINO: Equity-to-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marathon Petroleum's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Marathon Petroleum's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Marathon Petroleum's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:MPC) has a Equity-to-Asset of 0.19 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Marathon Petroleum and its competitors. This is 34% below median its historical median of 0.29. Over the past decade, Marathon Petroleum's Equity-to-Asset has ranged from 0.19 to 0.38. According to the industry distribution chart, Marathon Petroleum ranks #842 out of 1028 companies in the Oil & Gas industry, placing it in the top 81.9%.
Is Marathon Petroleum's Equity-to-Asset too high?
Marathon Petroleum's current Equity-to-Asset of 0.19 is 34% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.38. The Oil & Gas industry median Equity-to-Asset is 0.49. Marathon Petroleum's value of 0.19 is 61.2% below this industry median. Based on the distribution chart, Marathon Petroleum ranks #842 out of 1028 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Marathon Petroleum has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's Equity-to-Asset compare to VLO and PSX?
According to the Oil & Gas industry distribution chart, Marathon Petroleum ranks #842 out of 1028 companies for Equity-to-Asset. This places Marathon Petroleum in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Marathon Petroleum's value of 0.19 is 61.2% below this benchmark. Historically, Marathon Petroleum's own Equity-to-Asset has ranged from 0.19 to 0.38 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.49, Marathon Petroleum has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marathon Petroleum's current Equity-to-Asset of 0.19 is 61.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Marathon Petroleum and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marathon Petroleum's current Equity-to-Asset is 0.19, which is 34% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marathon Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Marathon Petroleum (MEX:MPC) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,881.97, compared to a current price of MXN4,680.00 — trading 20.6% above its estimated fair value. The current Equity-to-Asset is 0.19, which is 34% below median its 10-year median of 0.29 and 61.2% below the Oil & Gas industry median of 0.49. Marathon Petroleum's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Marathon Petroleum (MEX:MPC), the current Equity-to-Asset is 0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marathon Petroleum (MEX:MPC) Overvalued in 2026?
Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued.
The current stock price of MXN4,680.00 is trading 20.6% above its estimated GF Value™ of MXN3,881.97.
GuruFocus considers Marathon Petroleum to be Modestly Overvalued.
Key valuation signals for MEX:MPC:
Equity-to-Asset: 0.19 (34% below median its 10-year median of 0.29)
GF Value™: MXN3,881.97 vs. price of MXN4,680.00 (20.6% above fair value)
Industry Position: 61.2% below the Oil & Gas median (#842 of 1028)
No single metric tells the full story. See the MEX:MPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
66GF Score
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