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Marathon Petroleum (Marathon Petroleum) Equity-to-Asset

: 0.28 (As of Dec. 2023)
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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 Dec. 2023 was $24,404 Mil. Marathon Petroleum's Total Assets for the quarter that ended in Dec. 2023 was $85,987 Mil. Therefore, Marathon Petroleum's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

MPC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.31   Max: 0.38
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Marathon Petroleum was 0.38. The lowest was 0.26. And the median was 0.31.

MPC's Equity-to-Asset is ranked worse than
76.45% of 1087 companies
in the Oil & Gas industry
Industry Median: 0.51 vs MPC: 0.28

Marathon Petroleum Equity-to-Asset Historical Data

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.

* Premium members only.

Marathon Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.26 0.31 0.31 0.28

Marathon Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.31 0.30 0.29 0.28

Competitive 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 Distribution

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.



Marathon Petroleum Equity-to-Asset Calculation

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. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=24404/85987
=0.28

Marathon Petroleum's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=24404/85987
=0.28

* 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  (NYSE:MPC) Equity-to-Asset Explanation

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

Thank you for viewing the detailed overview of Marathon Petroleum's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Petroleum (Marathon Petroleum) Business Description

Address
539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Executives
Carl Kristopher Hagedorn officer: Senior VP and Controller C/O CONE MIDSTREAM PARTNERS LP, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Shawn M Lyon officer: SVP Log & Storage, MPLX GP LLC C/O MPLX, 200 E HARDIN STREET, FINDLAY OH 45840
Gregory Scott Floerke officer: Ex VP & COO, MPLX GP LLC C/O MARKWEST ENERGY PARTNERS, L.P., 1515 ARAPAHOE STREET, TOWER 1, SUITE 160, DENVER CO 80202
Timothy J Aydt officer: Ex VP and CCO, MPLX GP LLC C/O MPLX LP, 200 E. HARDIN STREET, FINDLAY OH 45840
Toni Townes-whitley director 8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Michael J Hennigan officer: President & CEO, MPLX GP LLC 3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
Suzanne Gagle officer: VP and General Counsel C/O MPC, FINDLAY OH 45840
Thomas Kaczynski officer: VP, Finance and Treasurer C/O MARATHON PETROLEUM CORPORATION, FINDLAY OH 45840
Raymond L Brooks officer: Sr. VP, Refining C/O MPC, FINDLAY OH 45840
Charles E Bunch director PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272
Brian C Davis officer: Exec VP, Chief Commercial Ofc C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Maryann T. Mannen officer: Exec VP & Chief Fin Ofc C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Jonathan Z Cohen director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
James E Rohr director 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222

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