Superworth

Marathon Petroleum MPC

Oil & Gas Refining & Marketing, Energy
$457.22
−0.45%
Market cap
$128.4B
PE
15.7×
10y median 11.3×
Forward PE
6.0×
10y median 14.4×
Price to sales
0.8×
EV/EBIT
11.1×
Revenue, 12 months
$153.6B
+15% on a year ago
Net margin
5.6%
Free cash flow yield
10.0%

Marathon Petroleum trades at 15.7× trailing earnings, pricier than 68% of the last ten years. Revenue was $153.6B over the last twelve months, up 15% on a year earlier with a 6% net margin.

Charts

Financials

Income statement for MPC, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$40.9B−11%$36.3B−9%$32.7B−6%$37.9B+4%$35.1B−14%$33.1B−9%$31.5B−4%$33.8B−11%$34.8B−1%$32.6B−2%$34.2B+9%$52B+54%
Cost of revenue$34.9B−10%$32.6B−3%$29.6B+1%$33.9B+7%$32.1B−8%$30.6B−6%$29.4B−1%$30B−12%$31.2B−3%$28.9B−6%$31.3B+7%$43.1B+43%
Gross profit$6B−14%$3.7B−41%$3.1B−44%$4B−13%$3B−51%$2.6B−30%$2.2B−31%$3.8B−5%$3.6B+22%$3.7B+44%$2.9B+36%$8.9B+137%
SG&A$824M+16%$820M+8%$779M+13%$823M+17%$815M−1%$804M−2%$783M+1%$867M+5%$863M+6%$836M+4%$867M+11%$894M+3%
$4.8B−29%$2.4B−50%$1.8B−56%$2.5B−24%$1.3B−72%$1.1B−52%$687M−62%$2.2B−13%$2.7B+101%$2.7B+136%$1.4B+104%$7.3B+233%
Interest expense$118M−51%$111M−40%$179M+16%$194M+37%$221M+87%$245M+121%$304M+70%$319M+64%$310M+40%$343M+40%$370M+22%$340M+7%
Pre-tax income$4.6B−28%$2.3B−50%$1.6B−59%$2.3B−26%$1.1B−76%$896M−61%$383M−76%$1.9B−19%$2.4B+113%$2.4B+162%$1B+170%$7B+272%
$1B−30%$407M−59%$293M−64%$373M−36%$113M−89%$111M−73%$37M−87%$268M−28%$460M+307%$372M+235%$183M+395%$1.4B+439%
Net income$3.3B−27%$1.5B−56%$937M−66%$1.5B−32%$622M−81%$371M−74%−$74M$1.2B−20%$1.4B+120%$1.5B+314%$511M$5.1B+323%
$8.28−9%$3.85−46%$2.58−58%$4.33−19%$1.87−77%$1.16−70%−$0.24$3.96−9%$4.51+141%$5.11+341%$1.73$17.73+348%
396M−20%376M−20%362M−19%350M−17%332M−16%320M−15%313M−14%307M−12%304M−8%300M−6%295M−6%290M−6%

Gross profit: 34 periods, Q1 FY18 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: Q4 FY10: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 7 periods, Q3 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q2 FY10 and Q3 FY10: not printed by the filing, worked out from its own lines. Q4 FY11: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 14 periods, Q4 FY12 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$46.6B$35.7B to $55.5B$25.37$23.56 to $26.3511
Q4 FY26$45.6B$32.3B to $55.7B$21.04$16.32 to $26.2611
Q1 FY27$44.6B$27.6B to $57.9B$15.12$7.61 to $20.974
Q2 FY27$45B$27.8B to $58.4B$17.02$8.57 to $23.614
Q3 FY27$45.9B$28.4B to $59.5B$16.01$8.06 to $22.217
Q4 FY27$41.6B$25.7B to $53.9B$11.24$5.66 to $15.594
Q1 FY28$39.2B$24.2B to $50.8B$9.09$4.58 to $12.615
Q2 FY28$42.2B$26.1B to $54.7B$11.22$5.65 to $15.566

Peers

Companies in Oil & Gas Refining & Marketing nearest Marathon Petroleum's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
MPCMarathon Petroleum$128.4B15.7×11.3×6.0×0.8×+15%5.6%
VLOValero Energy$120.7B17.4×13.0×6.7×0.9×+13%5.2%
PSXPhillips 66$113B16.2×14.2×7.3×0.7×+14%4.7%
DINOHF Sinclair$21.6B11.6×9.8×5.6×0.7×+16%6.1%
Peer median$113B16.2×13.0×6.7×0.7×+14%5.2%

Investors who own it

Investors we follow who held Marathon Petroleum at the end of Jun 30, 2026, from their 13F filings.

More on Marathon Petroleum

Each number over time

Where it ranks

Its groups

About

Industry
Oil & Gas Refining & Marketing
Sector
Energy

Valuation data, not investment advice. Prices as of .