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Marathon Petroleum MPC Price / earnings

Price / earnings at other companies

Valero Energy logo
Valero EnergyVLO
17.6×-27.1×
Exxon Mobil logo
Exxon MobilXOM
27.9×+12.4×
Imperial Oil logo
Imperial OilIMO
21.7×+14.1×
Permian Resources logo
Permian ResourcesPR
26.7×+18.3×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
13.9×+1.2×
Chevron logo
ChevronCVX
37.2×+18.4×

Other financials

Income statement

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Revenue$34.2B+8.5%
Gross profit$2.9B+36.3%
Operating income$1.4B+104%
Net income$511.0M+791%
EPS (diluted)$1.73+821%

Balance sheet

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Cash & equivalents$2.2B-43.6%
Total debt$1.5B+22.3%
Total equity$16.8B+2.2%
Total assets$88.2B+8.0%

Cash flow

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Operating cash flow$1.1B+1,852%
CapEx$913.0M+37.7%
Free cash flow$208.0M+129%

Valuation

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Market cap$0+58.4%

Profitability

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Gross margin10.4%+1.9pp
Operating margin6.7%+2.5pp
Net margin3.4%+1.7pp

Returns & leverage

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Return on equity27.9%+15.6pp
Debt / equity0.1×0.0×
Current ratio1.2×0.0×

Where this comes from

Calculated from Marathon Petroleum’s reported figures.

Based on the most recent quarter.

The official record: Marathon Petroleum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marathon Petroleum's price / earnings?
Marathon Petroleum (MPC) reported price / earnings of 15.5× in Q1 2026.
How has Marathon Petroleum's price / earnings changed year-over-year?
Marathon Petroleum's price / earnings decreased by 16.7% year-over-year, from 18.6× to 15.5×.
What is the long-term trend for Marathon Petroleum's price / earnings?
Over 3 years (2022 to 2025), Marathon Petroleum's price / earnings has grown at a 64.8% compound annual growth rate (CAGR), from 16.7× to 74.8×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.