Marathon Petroleum (MEX:MPC) LT-Debt-to-Total-Asset: 0.36 (As of Mar. 2026)

What is Marathon Petroleum LT-Debt-to-Total-Asset?

Marathon Petroleum MEX:MPC 64 LT-Debt-to-Total-Asset is 0.36 as of Mar. 2026. GuruFocus rates MEX:MPC with a GF Score™ of 64/100 and a GF Value™ of MXN3,656.12 (Modestly Overvalued). The stock has 6 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Marathon Petroleum's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.36.

Marathon Petroleum's long-term debt to total assets ratio increased from Mar. 2025 (0.34) to Mar. 2026 (0.36). It may suggest that Marathon Petroleum is progressively becoming more dependent on debt to grow their business.

Marathon Petroleum (MEX:MPC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Marathon Petroleum LT-Debt-to-Total-Asset Related Terms

Marathon Petroleum LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Marathon Petroleum's LT-Debt-to-Total-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.

Marathon Petroleum LT-Debt-to-Total-Asset Chart

Marathon Petroleum Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.30

0.29

0.30

0.32

0.38

Marathon Petroleum Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.35	0.39	0.38	0.36

64GF Score

Marathon Petroleum Corp MEX:MPC

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Marathon Petroleum LT-Debt-to-Total-Asset Calculation

Marathon Petroleum's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	567143.539	/	1511668.544
	=	0.38

Marathon Petroleum's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	571744.787	/	1590249.716
	=	0.36

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.36 mean?

Marathon Petroleum (MEX:MPC) has a LT-Debt-to-Total-Asset of 0.36 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Marathon Petroleum and its competitors.

Is Marathon Petroleum's LT-Debt-to-Total-Asset too high?

Marathon Petroleum's current LT-Debt-to-Total-Asset is 0.36. Overall, Marathon Petroleum has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Marathon Petroleum's LT-Debt-to-Total-Asset compare to VLO and PSX?

Marathon Petroleum's LT-Debt-to-Total-Asset of 0.36 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Marathon Petroleum and its competitors. Marathon Petroleum's current LT-Debt-to-Total-Asset is 0.36. 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 MXN3,656.12, compared to a current price of MXN4,496.00 — trading 23% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.36. Marathon Petroleum's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Marathon Petroleum (MEX:MPC), the current LT-Debt-to-Total-Asset is 0.36 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 MXN4,496.00 is trading 23% above its estimated GF Value™ of MXN3,656.12. GuruFocus considers Marathon Petroleum to be Modestly Overvalued.

Key valuation signals for MEX:MPC:

LT-Debt-to-Total-Asset: 0.36
GF Value™: MXN3,656.12 vs. price of MXN4,496.00 (23% above fair value)
GF Score™: 64/100 with 6 warning signs

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 Business Description

Industry Energy Oil & Gas

Comparable Companies VLO PSX DINO SUN IEP PBF CVI PARR DK DKL NSE:RELIANCE XKAZ:KMGZ OHEL:NESTE TSE:5020 NSE:IOC TPE:6505 XKRX:096770 BOM:500547 XKRX:267250 TSE:5019

Other Exchanges MPC:USA 1MPC:Italy 0JYA:UK MPN:Germany M1PC34:Brazil

Address 539 South Main Street, Findlay, OH, USA, 45840-3229

Website https://www.marathonpetroleum.com

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.

64GF Score

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MXN4,496.00

Price

MXN3,656.12

GF Value

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