Marathon Petroleum Corp
Research Marathon Petroleum Corp (MPC) on Bullrun: valuation model: fairly valued, market cap USD 100.43B, P/E 12.2, dividend yield 1.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMPC
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Refining & Marketing
- CurrencyUSD
- Valuation signalfairly valued
- Market capUSD 100.43B
- P/E12.2
- Dividend yield1.1%
- 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 fairly valued; latest market cap is USD 100.43B; P/E is 12.2; dividend yield is 1.1%.
Peer valuation comparison
Latest P/E is 12.22x versus a Energy sector median of 14.75x (17.2% below).
Latest dividend yield is 1.1% versus a Energy sector median of 3.8% (71.1% 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 | 2026-08-25 | USD 100.43B | 12.2 | 1.1% | 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 1.1%.
| 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;
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Frequently asked questions
Is Marathon Petroleum Corp overvalued or undervalued?
Bullrun's valuation model currently marks Marathon Petroleum Corp as fairly valued.
What is Marathon Petroleum Corp's market cap?
Marathon Petroleum Corp's market capitalization is USD 100.43B.
What is Marathon Petroleum Corp's P/E ratio?
Marathon Petroleum Corp's price-to-earnings (P/E) ratio is 12.2.
Does Marathon Petroleum Corp pay a dividend?
Marathon Petroleum Corp has a dividend yield of 1.1%.
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.