MARATHON PETROLEUM CORP (MPC) Fundamental Analysis & Valuation

NYSE:MPC • US56585A1025

Current stock price

233.26 USD
+4.32 (+1.89%)
At close:
233.095 USD
-0.16 (-0.07%)
After Hours:

This MPC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. MPC Profitability Analysis

1.1 Basic Checks

  • In the past year MPC was profitable.
  • In the past year MPC had a positive cash flow from operations.
  • MPC had positive earnings in each of the past 5 years.
  • Each year in the past 5 years MPC had a positive operating cash flow.
MPC Yearly Net Income VS EBIT VS OCF VS FCFMPC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B

1.2 Ratios

  • With a decent Return On Assets value of 4.82%, MPC is doing good in the industry, outperforming 60.87% of the companies in the same industry.
  • With an excellent Return On Equity value of 23.35%, MPC belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 10.66%, MPC belongs to the best of the industry, outperforming 86.47% of the companies in the same industry.
  • MPC had an Average Return On Invested Capital over the past 3 years of 12.95%. This is significantly below the industry average of 22.49%.
Industry RankSector Rank
ROA 4.82%
ROE 23.35%
ROIC 10.66%
ROA(3y)6.81%
ROA(5y)9.59%
ROE(3y)27.46%
ROE(5y)34.38%
ROIC(3y)12.95%
ROIC(5y)13.78%
MPC Yearly ROA, ROE, ROICMPC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40

1.3 Margins

  • MPC has a worse Profit Margin (2.99%) than 60.87% of its industry peers.
  • MPC's Profit Margin has declined in the last couple of years.
  • MPC has a Operating Margin of 6.01%. This is in the lower half of the industry: MPC underperforms 63.28% of its industry peers.
  • MPC's Operating Margin has declined in the last couple of years.
  • The Gross Margin of MPC (11.55%) is worse than 69.57% of its industry peers.
  • In the last couple of years the Gross Margin of MPC has grown nicely.
Industry RankSector Rank
OM 6.01%
PM (TTM) 2.99%
GM 11.55%
OM growth 3Y-19.23%
OM growth 5YN/A
PM growth 3Y-28.26%
PM growth 5YN/A
GM growth 3Y-8.77%
GM growth 5Y19.8%
MPC Yearly Profit, Operating, Gross MarginsMPC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 -10 15

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. MPC Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MPC is still creating some value.
  • The number of shares outstanding for MPC has been reduced compared to 1 year ago.
  • The number of shares outstanding for MPC has been reduced compared to 5 years ago.
  • The debt/assets ratio for MPC is higher compared to a year ago.
MPC Yearly Shares OutstandingMPC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
MPC Yearly Total Debt VS Total AssetsMPC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • An Altman-Z score of 3.27 indicates that MPC is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 3.27, MPC belongs to the best of the industry, outperforming 81.64% of the companies in the same industry.
  • MPC has a debt to FCF ratio of 6.90. This is a slightly negative value and a sign of low solvency as MPC would need 6.90 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 6.90, MPC is in line with its industry, outperforming 59.42% of the companies in the same industry.
  • A Debt/Equity ratio of 1.76 is on the high side and indicates that MPC has dependencies on debt financing.
  • MPC has a Debt to Equity ratio of 1.76. This is in the lower half of the industry: MPC underperforms 76.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.76
Debt/FCF 6.9
Altman-Z 3.27
ROIC/WACC1.48
WACC7.2%
MPC Yearly LT Debt VS Equity VS FCFMPC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B

2.3 Liquidity

  • MPC has a Current Ratio of 1.26. This is a normal value and indicates that MPC is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.26, MPC is in line with its industry, outperforming 56.52% of the companies in the same industry.
  • MPC has a Quick Ratio of 1.26. This is a bad value and indicates that MPC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MPC has a worse Quick ratio (0.74) than 65.22% of its industry peers.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 0.74
MPC Yearly Current Assets VS Current LiabilitesMPC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. MPC Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 15.63% over the past year.
  • The earnings per share for MPC have been decreasing by -25.91% on average. This is quite bad
  • MPC shows a decrease in Revenue. In the last year, the revenue decreased by -3.80%.
  • MPC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.39% yearly.
EPS 1Y (TTM)15.63%
EPS 3Y-25.91%
EPS 5YN/A
EPS Q2Q%428.57%
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y-8.95%
Revenue growth 5Y14.39%
Sales Q2Q%-0.13%

3.2 Future

  • MPC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.08% yearly.
  • Based on estimates for the next years, MPC will show a decrease in Revenue. The Revenue will decrease by -1.69% on average per year.
EPS Next Y20.47%
EPS Next 2Y13.33%
EPS Next 3Y15.23%
EPS Next 5Y22.08%
Revenue Next Year-2.47%
Revenue Next 2Y-0.53%
Revenue Next 3Y0.76%
Revenue Next 5Y-1.69%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
MPC Yearly Revenue VS EstimatesMPC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 50B 100B 150B
MPC Yearly EPS VS EstimatesMPC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 10 20

More info and screens

Find the best growth stocksShow best growing peers

4

4. MPC Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 21.60, which indicates a rather expensive current valuation of MPC.
  • MPC's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of MPC to the average of the S&P500 Index (26.11), we can say MPC is valued inline with the index average.
  • MPC is valuated rather expensively with a Price/Forward Earnings ratio of 17.93.
  • MPC's Price/Forward Earnings ratio is in line with the industry average.
  • MPC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.12, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.6
Fwd PE 17.93
MPC Price Earnings VS Forward Price EarningsMPC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • MPC's Enterprise Value to EBITDA is on the same level as the industry average.
  • 70.05% of the companies in the same industry are more expensive than MPC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 14.42
EV/EBITDA 8.5
MPC Per share dataMPC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300 400

4.3 Compensation for Growth

  • MPC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as MPC's earnings are expected to grow with 15.23% in the coming years.
PEG (NY)1.06
PEG (5Y)N/A
EPS Next 2Y13.33%
EPS Next 3Y15.23%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. MPC Dividend Analysis

5.1 Amount

  • MPC has a Yearly Dividend Yield of 1.74%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 3.47, MPC has a dividend in line with its industry peers.
  • MPC's Dividend Yield is comparable with the S&P500 average which is at 1.91.
Industry RankSector Rank
Dividend Yield 1.74%

5.2 History

  • The dividend of MPC is nicely growing with an annual growth rate of 9.94%!
  • MPC has paid a dividend for at least 10 years, which is a reliable track record.
  • MPC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.94%
Div Incr Years3
Div Non Decr Years13
MPC Yearly Dividends per shareMPC Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • MPC pays out 28.20% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of MPC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.2%
EPS Next 2Y13.33%
EPS Next 3Y15.23%
MPC Yearly Income VS Free CF VS DividendMPC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B 10B
MPC Dividend Payout.MPC Dividend Payout, showing the Payout Ratio.MPC Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

MPC Fundamentals: All Metrics, Ratios and Statistics

MARATHON PETROLEUM CORP

NYSE:MPC (3/17/2026, 7:00:00 PM)

After market: 233.095 -0.16 (-0.07%)

233.26

+4.32 (+1.89%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-03
Earnings (Next)05-04
Inst Owners76.98%
Inst Owner Change-0.57%
Ins Owners0.15%
Ins Owner Change0.26%
Market Cap68.75B
Revenue(TTM)135.05B
Net Income(TTM)4.04B
Analysts72.8
Price Target204.06 (-12.52%)
Short Float %2.76%
Short Ratio3.17
Dividend
Industry RankSector Rank
Dividend Yield 1.74%
Yearly Dividend3.73
Dividend Growth(5Y)9.94%
DP28.2%
Div Incr Years3
Div Non Decr Years13
Ex-Date02-18
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)17.37%
Min EPS beat(2)-5.31%
Max EPS beat(2)40.04%
EPS beat(4)3
Avg EPS beat(4)27.24%
Min EPS beat(4)-5.31%
Max EPS beat(4)55.08%
EPS beat(8)7
Avg EPS beat(8)575.13%
EPS beat(12)11
Avg EPS beat(12)392%
EPS beat(16)15
Avg EPS beat(16)299.6%
Revenue beat(2)2
Avg Revenue beat(2)6.26%
Min Revenue beat(2)3.47%
Max Revenue beat(2)9.04%
Revenue beat(4)4
Avg Revenue beat(4)7.09%
Min Revenue beat(4)3.47%
Max Revenue beat(4)9.27%
Revenue beat(8)8
Avg Revenue beat(8)6.56%
Revenue beat(12)11
Avg Revenue beat(12)5.28%
Revenue beat(16)15
Avg Revenue beat(16)7.59%
PT rev (1m)2.35%
PT rev (3m)-0.16%
EPS NQ rev (1m)5.59%
EPS NQ rev (3m)-53.17%
EPS NY rev (1m)-0.34%
EPS NY rev (3m)-14.64%
Revenue NQ rev (1m)-4.07%
Revenue NQ rev (3m)-4.52%
Revenue NY rev (1m)2.51%
Revenue NY rev (3m)0.14%
Valuation
Industry RankSector Rank
PE 21.6
Fwd PE 17.93
P/S 0.51
P/FCF 14.42
P/OCF 8.33
P/B 3.97
P/tB 13.11
EV/EBITDA 8.5
EPS(TTM)10.8
EY4.63%
EPS(NY)13.01
Fwd EY5.58%
FCF(TTM)16.17
FCFY6.93%
OCF(TTM)28
OCFY12%
SpS458.2
BVpS58.74
TBVpS17.8
PEG (NY)1.06
PEG (5Y)N/A
Graham Number119.48
Profitability
Industry RankSector Rank
ROA 4.82%
ROE 23.35%
ROCE 12.63%
ROIC 10.66%
ROICexc 11.31%
ROICexgc 14.12%
OM 6.01%
PM (TTM) 2.99%
GM 11.55%
FCFM 3.53%
ROA(3y)6.81%
ROA(5y)9.59%
ROE(3y)27.46%
ROE(5y)34.38%
ROIC(3y)12.95%
ROIC(5y)13.78%
ROICexc(3y)14.48%
ROICexc(5y)15.91%
ROICexgc(3y)17.29%
ROICexgc(5y)18.8%
ROCE(3y)15.34%
ROCE(5y)16.33%
ROICexgc growth 3Y-25.79%
ROICexgc growth 5YN/A
ROICexc growth 3Y-27.48%
ROICexc growth 5YN/A
OM growth 3Y-19.23%
OM growth 5YN/A
PM growth 3Y-28.26%
PM growth 5YN/A
GM growth 3Y-8.77%
GM growth 5Y19.8%
F-Score7
Asset Turnover1.61
Health
Industry RankSector Rank
Debt/Equity 1.76
Debt/FCF 6.9
Debt/EBITDA 2.68
Cap/Depr 107.23%
Cap/Sales 2.58%
Interest Coverage 6.66
Cash Conversion 72.59%
Profit Quality 117.91%
Current Ratio 1.26
Quick Ratio 0.74
Altman-Z 3.27
F-Score7
WACC7.2%
ROIC/WACC1.48
Cap/Depr(3y)80.1%
Cap/Depr(5y)71.82%
Cap/Sales(3y)1.88%
Cap/Sales(5y)1.64%
Profit Quality(3y)140.82%
Profit Quality(5y)109.66%
High Growth Momentum
Growth
EPS 1Y (TTM)15.63%
EPS 3Y-25.91%
EPS 5YN/A
EPS Q2Q%428.57%
EPS Next Y20.47%
EPS Next 2Y13.33%
EPS Next 3Y15.23%
EPS Next 5Y22.08%
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y-8.95%
Revenue growth 5Y14.39%
Sales Q2Q%-0.13%
Revenue Next Year-2.47%
Revenue Next 2Y-0.53%
Revenue Next 3Y0.76%
Revenue Next 5Y-1.69%
EBIT growth 1Y19.95%
EBIT growth 3Y-26.46%
EBIT growth 5YN/A
EBIT Next Year71.17%
EBIT Next 3Y19.47%
EBIT Next 5Y12.5%
FCF growth 1Y-22.26%
FCF growth 3Y-30.07%
FCF growth 5YN/A
OCF growth 1Y-4.75%
OCF growth 3Y-20.4%
OCF growth 5Y27.82%

MARATHON PETROLEUM CORP / MPC Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for MARATHON PETROLEUM CORP?

ChartMill assigns a fundamental rating of 5 / 10 to MPC.


Can you provide the valuation status for MARATHON PETROLEUM CORP?

ChartMill assigns a valuation rating of 4 / 10 to MARATHON PETROLEUM CORP (MPC). This can be considered as Fairly Valued.


What is the profitability of MPC stock?

MARATHON PETROLEUM CORP (MPC) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for MPC stock?

The Price/Earnings (PE) ratio for MARATHON PETROLEUM CORP (MPC) is 21.6 and the Price/Book (PB) ratio is 3.97.


Can you provide the expected EPS growth for MPC stock?

The Earnings per Share (EPS) of MARATHON PETROLEUM CORP (MPC) is expected to grow by 20.47% in the next year.