Marathon Petroleum Corp (MPC)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 25,712,000 18,933,000 21,324,000 22,922,000 24,404,000 25,862,000 25,714,000 26,858,000 27,715,000 26,304,000 26,306,000 23,972,000 26,206,000 28,280,000 28,921,000 21,592,000 22,199,000 29,414,000 23,741,000 24,088,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $25,712,000K
= 0.00

The debt-to-equity ratio of Marathon Petroleum Corp has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company is financed entirely by equity, which can be a positive sign as it indicates lower financial risk and a strong financial position. However, it is unusual for a company to have a debt-to-equity ratio of 0.00 over an extended period, and it may be beneficial for the company to consider leveraging debt to optimize its capital structure and potentially enhance returns for shareholders.


See also:

Marathon Petroleum Corp Debt to Equity (Quarterly Data)