Marathon Petroleum Corp
Research Marathon Petroleum Corp (MPC) on Bullrun: valuation model: 29.7% overvalued, market cap USD 128.77B, P/E 15.7, dividend yield 0.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMPC
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Refining & Marketing
- CurrencyUSD
- Valuation signal29.7% overvalued
- Market capUSD 128.77B
- P/E15.7
- Dividend yield0.9%
- Financial periodQ2 2026
- RevenueUSD 51.99B
- Net incomeUSD 5.14B
- Free cash flowUSD 9.14B
- Gross margin15.6%
Valuation Snapshot
Bullrun's latest valuation model marks Marathon Petroleum Corp as 29.7% overvalued; latest market cap is USD 128.77B; P/E is 15.7; dividend yield is 0.9%.
Peer valuation comparison
Latest P/E is 15.67x versus a Energy sector median of 15.51x.
Latest dividend yield is 0.87% versus a Energy sector median of 3.67% (76.3% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 132.70B | USD 4.05B | USD 4.77B | 10.0% | 13.22 | USD 3.67B | USD 2.37B | USD 17.31B |
| FY2024 | USD 138.86B | USD 3.45B | USD 6.13B | 9.1% | 10.08 | USD 3.21B | USD 3.05B | USD 17.75B |
| FY2023 | USD 148.38B | USD 9.68B | USD 12.23B | 13.4% | 23.63 | USD 5.44B | USD 1.95B | USD 24.40B |
| FY2022 | USD 177.45B | USD 14.52B | USD 13.94B | 14.5% | 28.12 | USD 8.63B | USD 1.07B | USD 27.72B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 128.77B | 15.7 | 0.9% | 4 |
| 2025 | 2025-12-31 | USD 47.91B | 12.2 | 2.3% | 3.73 |
| 2024 | 2024-12-31 | USD 44.08B | 14.0 | 2.4% | 3.4 |
| 2023 | 2023-12-29 | USD 56.33B | 5.5 | 2.1% | 3.08 |
| 2022 | 2022-12-30 | USD 54.55B | 5.1 | 2.1% | 2.49 |
| 2021 | 2021-12-31 | USD 37.05B | 23.4 | 3.6% | 2.32 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 4 USD, yield 0.9%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.73 USD |
| FY2024 | 3.39 USD |
| FY2023 | 3.08 USD |
| FY2022 | 2.49 USD |
About Marathon Petroleum Corp
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States;
ETFs that hold Marathon Petroleum Corp
Marathon Petroleum Corp is one of the ten largest holdings of 19 ETFs that investors in Europe can buy. The 8 most traded of them:
| ETF | Weight | TER |
|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 4.95% | 0.15% |
| State Street SPDR S&P U.S. Energy Select Sector UCITS ETF | 4.96% | 0.15% |
| Xtrackers MSCI World Energy UCITS ETF 1C | 3.15% | 0.25% |
| iShares MSCI World Energy Sector UCITS ETF USD Inc | 3.15% | 0.18% |
| Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF 1C | 0.46% | 0.17% |
| iShares STOXX USA Equity Multifactor UCITS ETF USD (Acc) | 1.62% | 0.20% |
| State Street SPDR MSCI World Energy UCITS ETF | 3.16% | 0.30% |
| Xtrackers MSCI USA Energy UCITS ETF 1D | 4.62% | 0.12% |
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Frequently asked questions
Is Marathon Petroleum Corp overvalued or undervalued?
Bullrun's valuation model currently marks Marathon Petroleum Corp as 29.7% overvalued.
What is Marathon Petroleum Corp's market cap?
Marathon Petroleum Corp's market capitalization is USD 128.77B.
What is Marathon Petroleum Corp's P/E ratio?
Marathon Petroleum Corp's price-to-earnings (P/E) ratio is 15.7.
Does Marathon Petroleum Corp pay a dividend?
Marathon Petroleum Corp has a dividend yield of 0.9%.
What does Marathon Petroleum Corp do?
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services.