Is it safe?
Can MPC take a bad year?
Marathon Petroleum carries $25.0B of net debt at 1.44× EBITDA: a load its earnings can carry.
$25.0B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.44×
Net debt / EBITDA · 3.13× a year ago · the load is coming down
- Altman Z-score
- 3.37
Altman Z-score · safe zone, above 3
- Interest cover
- 8.67×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $32.8B
- Cash and short-term investments
- $7.77B
- Net debt
- $25.0B
- EBITDA, trailing twelve months
- $17.4B
- Operating profit, trailing twelve months
- $14.1B
- Debt / equity
- 1.72×
- Total debt / EBITDA
- 1.88×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −80%
- Below its 52-week high
- −1.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Refining & Marketing
Ranks #6 of 11 by Smart Score