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Marathon Petroleum Corporation (MPC)
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Marathon Petroleum Corporation (MPC) PE Ratio: 17.26

Is Marathon Petroleum Corporation’s P/E ratio high or low?

Marathon Petroleum Corporation's P/E ratio of 17.26 is 19% above its 5-year average of 14.50, around the middle of its 5-year range (3.16–46.03).

The P/E ratio for Marathon Petroleum Corporation (MPC) is 17.26 as of Wednesday, June 10, 2026. It is below its 12-month average by 19.38% (21.41).

PE Ratio (17.26) = Close Price ($264.65) / Diluted TTM EPS ($15.33)

MPC PE Ratio Chart

MPC PE Ratio
17.26-24.43% 1Y
Zoom

MPC Average PE Ratio Chart

MPC Current vs Average PE Ratio Chart

MPC PE Ratio Metrics

PE RATIO

17.26

PE RATIO AVG TTM

21.41

PE RATIO AVG 3Y

13.18

PE RATIO AVG 5Y

14.50

PE RATIO AVG 10Y

14.74

PE RATIO AVG 15Y

12.70

PE RATIO AVG 20Y

12.70

CURRENT VS TTM AVG

-19.38%

CURRENT VS 3Y AVG

+31.01%

CURRENT VS 5Y AVG

+19.06%

CURRENT VS 10Y AVG

+17.10%

CURRENT VS 15Y AVG

+35.91%

CURRENT VS 20Y AVG

+35.91%

MPC Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Marathon Petroleum Corporation (MPC)17.2621.4113.1814.50
Valero Energy Corporation (VLO)$76.63B18.7442.0620.7518.42
EOG Resources, Inc. (EOG)$74.71B13.8112.0410.3736.69
Phillips 66 (PSX)$72.86B17.9028.4517.4915.46
SLB N.V. (SLB)$82.98B24.5316.6616.2420.42
Occidental Petroleum Corporation (OXY)$56.79B14.2426.9618.2716.20
Antero Midstream Corporation (AM)$10.32B25.2921.2819.3017.52
ConocoPhillips (COP)$146.50B20.4714.9113.0215.02
Helmerich & Payne, Inc. (HP)$3.93BN/A8.7556.4556.45
enCore Energy Corp. (EU)$249.59MN/AN/AN/AN/A

P/E vs. its own history

At 17.3, P/E is richer than usual — richer than 77% of its 15-year range.

15-year low

3.2

median

10.3

15-year high

46.0

cheaperricher

P/E Comparison

Trailing P/E

17.3

Forward P/E

11.3

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$264.65

÷

Forward EPS (Est.)

$23.46

=

Forward P/E

11.28

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Marathon Petroleum Corporation PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Marathon Petroleum Corporation PE Ratio FAQ

What is the P/E ratio for Marathon Petroleum Corporation (MPC)?
The P/E ratio for MPC stock is 17.26.
Is Marathon Petroleum Corporation's P/E ratio high or low?
Marathon Petroleum Corporation's P/E ratio of 17.26 is 19% above its 5-year average of 14.50, around the middle of its 5-year range (3.16–46.03).
What is the TTM average P/E ratio for Marathon Petroleum Corporation (MPC)?
The TTM average P/E ratio for MPC stock is 21.41.
What is the 3Y average P/E ratio for Marathon Petroleum Corporation (MPC)?
The 3Y average P/E ratio for MPC stock is 13.18.
What is the 5Y average P/E ratio for Marathon Petroleum Corporation (MPC)?
The 5Y average P/E ratio for MPC stock is 14.50.
What is the 10Y average P/E ratio for Marathon Petroleum Corporation (MPC)?
The 10Y average P/E ratio for MPC stock is 14.74.
What is the 15Y average P/E ratio for Marathon Petroleum Corporation (MPC)?
The 15Y average P/E ratio for MPC stock is 12.70.
What is the 20Y average P/E ratio for Marathon Petroleum Corporation (MPC)?
The 20Y average P/E ratio for MPC stock is 12.70.

Marathon Petroleum Corporation PE Ratio History

DATEPE RATIO
2026-06-1017.26
2026-06-0916.84
2026-06-0817.36
2026-06-0517.09
2026-06-0417.42
2026-06-0317.43
2026-06-0217.16
2026-06-0116.87
2026-05-2916.23
2026-05-2816.39
2026-05-2716.12
2026-05-2616.18
2026-05-2216.61
2026-05-2116.21
2026-05-2016.85
2026-05-1917.16
2026-05-1816.93
2026-05-1516.64
2026-05-1416.23
2026-05-1316.25
2026-05-1216.44
2026-05-1116.47
2026-05-0815.97
2026-05-0715.80
2026-05-0616.03
2026-05-0516.99
2026-05-0418.90
2026-05-0118.42
2026-04-3018.58
2026-04-2918.10
2026-04-2817.41
2026-04-2717.01
2026-04-2416.78
2026-04-2316.55
2026-04-2216.62
2026-04-2116.49
2026-04-2016.03
2026-04-1715.99
2026-04-1616.93
2026-04-1516.69
2026-04-1416.76
2026-04-1316.86
2026-04-1016.66
2026-04-0916.73
2026-04-0817.36
2026-04-0718.37
2026-04-0618.07
2026-04-0218.09
2026-04-0117.83
2026-03-3118.28
2026-03-3018.35
2026-03-2718.86
2026-03-2618.59
2026-03-2518.06
2026-03-2418.26
2026-03-2317.40
2026-03-2017.40
2026-03-1917.65
2026-03-1817.68
2026-03-1717.46
2026-03-1617.14
2026-03-1316.93
2026-03-1217.22
2026-03-1116.97
2026-03-1016.11
2026-03-0916.15
2026-03-0616.56
2026-03-0516.27
2026-03-0416.52
2026-03-0315.87
2026-03-0215.71
2026-02-2714.84
2026-02-2615.05
2026-02-2520.85
2026-02-2420.80
2026-02-2320.53
2026-02-2020.95
2026-02-1920.92
2026-02-1821.25
2026-02-1721.36
2026-02-1321.65
2026-02-1221.09
2026-02-1122.22
2026-02-1021.74
2026-02-0921.75
2026-02-0621.62
2026-02-0520.86
2026-02-0420.86
2026-02-0319.98
2026-02-0218.84
2026-01-3018.76
2026-01-2918.72
2026-01-2818.32
2026-01-2718.29
2026-01-2618.37
2026-01-2318.68
2026-01-2218.72
2026-01-2118.90
2026-01-2018.62
2026-01-1618.70
2026-01-1518.91
2026-01-1419.29
2026-01-1318.73
2026-01-1218.69
2026-01-0918.76
2026-01-0818.86
2026-01-0718.37
2026-01-0618.15
2026-01-0518.63
2026-01-0217.59
2025-12-3117.32
2025-12-3017.45
2025-12-2917.42
2025-12-2617.43
2025-12-2417.65
2025-12-2317.72
2025-12-2217.55
2025-12-1917.93
2025-12-1817.90
2025-12-1718.58
2025-12-1618.83
2025-12-1519.76
2025-12-1219.78
2025-12-1119.93
2025-12-1020.37
2025-12-0920.31
2025-12-0820.20
2025-12-0520.29
2025-12-0420.25
2025-12-0320.17
2025-12-0220.52
2025-12-0120.89
2025-11-2820.63
2025-11-2620.42
2025-11-2520.23
2025-11-2420.25
2025-11-2120.30
2025-11-2020.01
2025-11-1920.82
2025-11-1821.26
2025-11-1720.87
2025-11-1421.30
2025-11-1320.72
2025-11-1220.97
2025-11-1121.31
2025-11-1020.91
2025-11-0720.63
2025-11-0620.52
2025-11-0519.83
2025-11-0419.57
2025-11-0329.01
2025-10-3128.88
2025-10-3028.98
2025-10-2929.00
2025-10-2828.48
2025-10-2729.07
2025-10-2429.07
2025-10-2329.03
2025-10-2227.93
2025-10-2127.09
2025-10-2027.60
2025-10-1727.33
2025-10-1626.84
2025-10-1527.23
2025-10-1427.13
2025-10-1327.17
2025-10-1026.80
2025-10-0927.79
2025-10-0827.96
2025-10-0728.38
2025-10-0628.67
2025-10-0328.61
2025-10-0228.48
2025-10-0128.49
2025-09-3028.55
2025-09-2929.11
2025-09-2629.44
2025-09-2529.10
2025-09-2428.61
2025-09-2328.28
2025-09-2227.74
2025-09-1927.48
2025-09-1827.41
2025-09-1727.36
2025-09-1627.11
2025-09-1526.66
2025-09-1226.71
2025-09-1127.01
2025-09-1026.92
2025-09-0927.14
2025-09-0826.84
2025-09-0526.71
2025-09-0426.52
2025-09-0326.52
2025-09-0226.69
2025-08-2926.62
2025-08-2826.56
2025-08-2726.35
2025-08-2625.71
2025-08-2525.51
2025-08-2225.32
2025-08-2124.44
2025-08-2024.57
2025-08-1924.35
2025-08-1824.10
2025-08-1524.05
2025-08-1424.05
2025-08-1323.96
2025-08-1223.57
2025-08-1123.49
2025-08-0823.83
2025-08-0723.93
2025-08-0624.07
2025-08-0525.03
2025-08-0423.59
2025-08-0123.25
2025-07-3123.90
2025-07-3023.99
2025-07-2924.64
2025-07-2824.55
2025-07-2524.10
2025-07-2424.06
2025-07-2324.94
2025-07-2224.61
2025-07-2124.56
2025-07-1824.47
2025-07-1724.46
2025-07-1624.21
2025-07-1524.67
2025-07-1424.67
2025-07-1125.26
2025-07-1025.60
2025-07-0925.18
2025-07-0825.27
2025-07-0724.78
2025-07-0324.73
2025-07-0224.50
2025-07-0123.87
2025-06-3023.33
2025-06-2723.51
2025-06-2623.53
2025-06-2523.27
2025-06-2423.21
2025-06-2323.40
2025-06-2023.75
2025-06-1823.51
2025-06-1723.89
2025-06-1623.42
2025-06-1323.34
2025-06-1223.18
2025-06-1123.13
2025-06-1022.84
2025-06-0922.51
2025-06-0622.49
2025-06-0522.22
2025-06-0422.04
2025-06-0322.75
2025-06-0222.30
2025-05-3022.58
2025-05-2922.46

Showing the most recent 260 of 3,387 data points. The chart above shows the full history.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) functions as a prominent integrated energy enterprise, primarily concentrating its downstream operations across the United States. Its business is bifurcated into two main divisions: Refining & Marketing, and Midstream. The Refining & Marketing segment is responsible for processing crude oil and various other raw materials at its refineries, strategically located in the U.S. Gulf Coast, Mid-Continent, and West Coast regions. This division also acquires refined petroleum products and ethanol for subsequent distribution. Key outputs from this segment encompass a diverse array of transportation fuels, including different gasoline blends, heavy fuel oil, and asphalt. Additionally, it manufactures chemicals such as aromatics, propane, propylene, and sulfur. MPC sells these refined goods through multiple channels, including wholesale marketers domestically and globally, purchasers on the open spot market, and independent entrepreneurs who manage primarily Marathon-branded retail locations. It also supplies fuel via long-term agreements to direct dealer sites, predominantly under the ARCO brand. The Midstream segment handles the comprehensive movement, storage, distribution, and commercialization of crude oil and refined products. This is achieved through its extensive network of refining logistics assets, pipelines, terminals, towboats, and barges. Moreover, this segment engages in the collection, processing, and transportation of natural gas, alongside the gathering, transport, fractionation, storage, and marketing of natural gas liquids. By December 31, 2021, the corporation supported 7,159 branded jobber retail points, managed by independent entrepreneurs, spanning 37 U.S. states, the District of Columbia, and Mexico. Marathon Petroleum Corporation, established in 1887, maintains its corporate headquarters in Findlay, Ohio.

Findlay, OH
18,300 employees
Energy / Oil & Gas Refining & Marketing
Sector
Energy
Industry
Oil & Gas Refining & Marketing
CEO
Maryann T. Mannen