Stocktoria

Marathon Petroleum Corp MPC

NYSE · stock · Petroleum Refining · website · IPO 2011-06-23 · LEI

Marathon Petroleum Corp statistics & valuation

P / E18.3×
P / S0.6×
P / B3.1×
P / FCF15.6×
Net margin3.0%
FCF margin3.6%
Return on capital12.9%
Graham number -56.1%$153.01

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($153.01); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.90% 4.60% 3.20% 2.40% -14.10% 8.10% 8.20% 6.50% 2.50% 3.00% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
3.80% 5.40% 5.40% 4.00% -17.60% 3.60% 12.10% 9.80% 4.90% 6.20% 2016201720182019202020212022202320242025
Return on equity (%)
5.80% 16.50% 6.30% 6.30% -33.60% 29.90% 42.50% 31.70% 14.20% 16.80% 2016201720182019202020212022202320242025
Shares outstanding
530.0M 512.0M 526.0M 664.0M 649.0M 638.0M 516.0M 409.0M 341.0M 306.0M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.60% 7.00% 3.00% 2.70% -11.50% 11.40% 16.10% 11.30% 4.40% 4.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
1.80% 5.20% 3.50% 4.20% -0.50% 5.80% 7.90% 8.20% 4.40% 3.60% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$2.21 $6.70 $5.28 $3.97 -$15.13 $15.24 $28.12 $23.63 $10.08 $13.22 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Marathon Petroleum Corp trades at about 26.3× earnings — above its 10-year norm (10-year range 4.6×–21.7×, median 12.5×).

4.6× 26.3×

Shaded band = 10-year range (4.6×–21.7×); dot = today's 26.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin6.2%4.9%9.8%12.1%3.6%-17.6%4.0%5.4%5.4%3.8%
Net margin3.0%2.5%6.5%8.2%8.1%-14.1%2.4%3.2%4.6%1.9%
FCF margin3.6%4.4%8.2%7.9%5.8%-0.5%4.2%3.5%5.2%1.8%
Return on assets4.8%4.4%11.3%16.1%11.4%-11.5%2.7%3.0%7.0%2.6%
Return on equity16.8%14.2%31.7%42.5%29.9%-33.6%6.3%6.3%16.5%5.8%
Current ratio1.261.171.591.761.701.811.801.361.281.46

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.