Marathon Petroleum Corporation company logo
Marathon Petroleum Corporation logo

Marathon Petroleum Corporation (MPC) Interest Expense

Annual Interest Expense

$1.31B$43.00M+3.40%

Summary

Current Value
As of today, MPC annual interest expense is $1.31B, up +3.40% on
Historical Performance
MPC annual interest expense is up +3.24% over the past 3 years, and up +6.26% over the past 5 years
All-Time High Comparison
MPC annual interest expense is currently -1.88% below its historical high of $1.33B set on
3-Year Low Comparison
MPC annual interest expense is +9.18% above its 3-year low of $1.20B reached on an earlier date
Sector Comparison
MPC annual interest expense is higher than 100.00% of companies in Energy sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

MPC Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$1.31B+3.4%+3.2%+6.3%+10000.0%
Quarterly Interest Expense$0.000.0%0.0%0.0%0.0%
TTM Interest Expense$0.000.0%0.0%0.0%0.0%
Price$176.17+23.8%+52.2%+308.0%
Annual Interest Coverage Ratio4.01-66.8%+24.5%+10.5%-95.4%
Annual EBIT$5.25B-65.6%+28.5%+17.6%+657.3%
Annual Total Debt$28.76B+0.9%+6.9%-5.8%+1001.0%
Annual Revenue$138.52B-6.7%+15.7%+25.4%+241.1%

Interest Expense Highs

MPC Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$1.31Bat high
5Y$1.33BN/A-1.9%
All$1.33B-1.9%

Interest Expense Lows

MPC Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$1.20BN/A+9.2%
5Y$1.20B+9.2%
All$1.00M>+9999.0%

Interest Expense History

YearValueChange
$1.31B+3.4%
$1.27B+5.6%
$1.20B-5.4%
$1.27B-5.0%
$1.33B+8.3%
$1.23B+30.3%
YearValueChange
$945.00M+51.2%
$625.00M+16.2%
$538.00M+86.8%
$288.00M+42.6%
$202.00M-

FAQ

  • What is the current annual interest expense of MPC?

    As of today, MPC annual interest expense is $1.31B

  • What is 1-year change in MPC annual interest expense?

    MPC annual interest expense is up +3.40% year-over-year

  • What is 3-year change in MPC annual interest expense?

    MPC annual interest expense is up +3.24% over the past 3 years

  • How far is MPC annual interest expense from its all-time high?

    MPC annual interest expense is currently -1.88% below its historical high of $1.33B set on December 31, 2020

  • How does MPC annual interest expense rank versus sector peers?

    MPC annual interest expense is higher than 100.00% of companies in Energy sector

  • When is MPC next annual earnings release?

    The next annual earnings release for MPC is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. MPC Official Website www.marathonpetroleum.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1510295/000151029525000064/0001510295-25-000064-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1510295/000151029525000012/0001510295-25-000012-index.htm
  4. MPC Profile on Yahoo Finance finance.yahoo.com/quote/MPC
  5. MPC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mpc