# Marathon Petroleum Corporation (MPC) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $388.90, market value $109.2 billion.

## Valuation
- **P/E (trailing): 13.5×** (5-yr avg 7.8×, 3-yr avg 10.5×). Marathon Petroleum Corporation trades at 13.5× trailing earnings, well above its own five-year average of 7.8×: investors are paying up relative to the company's past. The Energy median in the September 2026 study was 16.8×. Forward P/E is 12.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.39**. A PEG of 0.39 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 5.8×**. The shares trade at 5.8× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 6.2×**. Enterprise value is 6.2× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 11.8%** (5-yr avg 15.4%). Free cash flow equals 11.8% of the market value, below its five-year average of 15.4%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 7.4%**. The inverse of the P/E: 7.4% of the price is earned each year.

## Profitability
- **Operating margin: 9.2%**. 9.2% of revenue is left after running the business.
- **Net margin: 3.0%**. 3.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.4%**. 23.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 69.7%**. Return on all capital, debt included, is 69.7%: comfortably above what that capital costs.
- **Return on assets: 10.2%**. Each dollar of assets produces 10.2% of profit.

## Growth
- **Revenue growth (1 yr): -4.4%** (3-yr -9.2%/yr, 5-yr 13.7%/yr). Revenue fell 4.4% over the last year, against 13.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 31.2%** (3-yr -22.2%/yr). Earnings per share rose 31.2%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -30.1%/yr**. Free cash flow has compounded at -30.1% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.14**. Debt is 0.14 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Marathon Petroleum Corporation holds more cash than debt.
- **Altman Z-score: 3.29**. A Z-score of 3.29 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.03%** ($4.00 per share, trailing). Marathon Petroleum Corporation yields 1.03%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 28%** (9% of free cash flow). 28% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 10.0%/yr** (1-yr 10.2%). The dividend has grown 10.0% a year over five years.

## Analyst view
- **Analyst consensus: buy** (18 analysts). 18 analysts cover Marathon Petroleum Corporation; the consensus is buy, with an average price target of $333.39 (-14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 120.3%** (YTD 141.2%, 3-mo 48.4%). The shares are up 120.3% over twelve months including dividends.
- **From 52-week high: -2.4%** (140.2% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 78**. An RSI of 78 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): -0.12** (volatility 34%). Beta of -0.12 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MPC · Page: https://foliofundamentals.com/stocks/mpc

Not investment advice.