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Marathon Petroleum Corporation (MPC)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
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Marathon Petroleum Corporation Financial Ratios 2025-2008 | MPC
Brief overview of Marathon Petroleum Corporation's market valuation
The review covers five available annual periods spanning 2021 to 2025.
The current valuation set is P/E 15.18x (median 7.01x), EV/EBITDA 12.44x (median 7.8x), P/S 0.46x (median 0.41x). The current ratio basket stands about 28.5% above the five-year base, increasing sensitivity to weak reports.
Earnings yield calculated as 1/P/E is about 6.6%, showing current profit per unit of share price.
Current measures of operating quality are ROE 23.4%, ROA 4.8%, ROCE 47.9%. Returns on capital and assets point to efficient economics and a strong internal source of growth.
PEG is 0.79x. Price is low relative to embedded growth, though the ratio depends heavily on forecast quality.
The cash conversion cycle is 18.5 days versus 16.5 days initially. Turnover changed little.
What the ratios show
Marathon Petroleum Corporation demonstrates high business quality but trades at a premium to its own history. Strong future results are needed to preserve valuation.
Annual Financial Ratios Marathon Petroleum Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
15.2 | 14.6 | 7.0 | 4.5 | 5.0 | -3.4 | 13.6 | 12.2 | 10.2 | 21.7 | 7.9 | 10.5 | 13.1 | 7.3 | 5.6 | - | - | - |
P/S |
0.5 | 0.4 | 0.5 | 0.4 | 0.4 | 0.5 | 0.3 | 0.4 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | - | - | - |
EPS |
13.2 | 10.1 | 23.7 | 28.3 | 15.3 | -15.1 | 4 | 5.4 | 6.8 | 2.2 | 5.3 | 4.4 | 3.3 | 9.9 | 6.7 | 1.8 | 1.3 | - |
EV (Enterprise Value) |
118 B | 101 B | 117 B | 111 B | 95.5 B | 89.3 B | 90.7 B | 81 B | 60.3 B | 48.9 B | 44.8 B | 44 B | 42.3 B | 35 B | 26.5 B | 14.9 B | -128 M | -108 M |
EBITDA per Share |
37.8 | 29.8 | 43.8 | 48.2 | 12.1 | -13.7 | 14.7 | 14.8 | 11.4 | 8.83 | 11.6 | 9.13 | 7.31 | 9.03 | 6.44 | 5.48 | 4.23 | - |
EV/EBITDA |
10.2 | 10.0 | 6.6 | 4.5 | 12.4 | 75.3 | 6.5 | 7.8 | 7.8 | 7.6 | 5.3 | 6.1 | 6.2 | 3.8 | 3.0 | 7.6 | -0.1 | - |
PEG |
0.79 | -0.59 | -0.38 | -0.42 | -0.08 | 0.11 | -0.54 | -0.59 | 0.05 | -0.37 | 0.4 | 0.33 | -0.4 | 0.15 | 0.02 | - | - | - |
P/B |
2.6 | 2.0 | 2.2 | 1.8 | 1.5 | 1.2 | 1.1 | 1.0 | 2.5 | 1.9 | 1.7 | 2.5 | 2.5 | 2.1 | 1.4 | - | - | - |
P/CF |
7.4 | 5.8 | 4.8 | 3.9 | 11.2 | 14.0 | 8.8 | 13.1 | 9.0 | 23.3 | 10.9 | 16.2 | 12.5 | 7.9 | 6.3 | - | - | - |
ROE % |
23.37 | 19.41 | 39.67 | 52.38 | 29.86 | -33.59 | 7.83 | 7.90 | 24.46 | 8.66 | 21.55 | 23.48 | 19.34 | 28.98 | 25.13 | 7.56 | 4.90 | - |
ROA % |
4.82 | 4.37 | 11.26 | 16.15 | 11.41 | -11.54 | 2.68 | 2.99 | 7.00 | 2.64 | 6.61 | 8.29 | 7.44 | 12.45 | 9.28 | 2.68 | - | - |
ROCE % |
47.89 | 38.30 | 59.47 | 77.46 | 13.18 | -41.87 | 7.37 | 6.49 | 9.47 | 7.14 | 12.50 | 17.72 | 18.23 | 27.05 | 22.87 | 12.26 | 9.11 | - |
Current Ratio |
1.4 | 1.5 | 1.6 | 1.6 | 1.6 | 1.5 | 1.2 | 1.4 | 1.3 | 1.5 | 1.5 | 1.3 | 1.3 | 1.6 | 1.3 | 1.6 | - | - |
DSO |
29.5 | 30.7 | 31.6 | 25.2 | 25.5 | 35.7 | 23.2 | 22.1 | 22.9 | 20.8 | 14.8 | 15.1 | 20.3 | 20.5 | 25.3 | 46.0 | - | - |
DIO |
30.1 | 27.3 | 25.8 | 20.3 | 26.6 | 50.6 | 32.8 | 40.5 | 33.0 | 40.2 | 32.9 | 24.1 | 19.2 | 18.0 | 16.7 | - | - | - |
DPO |
41.1 | 40.0 | 41.3 | 34.9 | 35.7 | 53.9 | 37.3 | 38.6 | 49.3 | 39.8 | 29.9 | 28.4 | 33.8 | 35.4 | 41.0 | - | - | - |
Operating Cycle |
59.6 | 58.0 | 57.3 | 45.5 | 52.2 | 86.3 | 56.0 | 62.7 | 55.9 | 61.1 | 47.8 | 39.2 | 39.5 | 38.5 | 42.0 | 46.0 | - | - |
Cash Conversion Cycle |
18.5 | 18.0 | 16.1 | 10.6 | 16.5 | 32.4 | 18.8 | 24.1 | 6.6 | 21.3 | 17.9 | 10.8 | 5.7 | 3.1 | 1.0 | 46.0 | - | - |
All numbers in USD currency
Quarterly Financial Ratios Marathon Petroleum Corporation
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
17.76 | 1.73 | 4.51 | 3.96 | -0.24 | 1.88 | 4.34 | 2.59 | 8.31 | 5.34 | 6.13 | - | 9.12 | 11.03 | 1.5 | - | 1.1 | 13.09 | -0.37 | -0.06 | -1.36 | 0.01 | -14.25 | 0.68 | 1.67 | 1.67 | -0.01 | 1.38 | 1.63 | 2.3 | 0.08 | 4.13 | 1.79 | 0.94 | 0.06 | 0.43 | 0.28 | 1.51 | 0.003 | 0.35 | 1.77 | 1.52 | 1.63 | 1.44 | 1.19 | 1.49 | 0.34 | 2.09 | 0.54 | 1.84 | 2.19 | 2.26 | 3.61 | 2.39 | 1.71 | -0.21 | 3.18 | 2.25 | 1.49 |
EBITDA per Share |
28.2 | 7.5 | 11.7 | 9.73 | 4.73 | 6.63 | 9.63 | 7.23 | 14.2 | 9.93 | 10.9 | - | 15.2 | 17.2 | 4.47 | - | 3.44 | 2.82 | 1.63 | - | -0.35 | 2.17 | -17.4 | - | 3.72 | 3.9 | 2.15 | - | 4.34 | 4.89 | 2.03 | - | 4.15 | 2.93 | 1.58 | - | 1.79 | 3.44 | 1.07 | - | 3.58 | 3.14 | 3.36 | - | 2.45 | 2.95 | 2.32 | - | 1.94 | 3.92 | 4.36 | - | 6.33 | 4.54 | 3.41 | - | 5.84 | 4.53 | 3.1 |
ROE % |
45.31 | 18.06 | 17.45 | 14.87 | 10.76 | 21.38 | 25.99 | 28.89 | 39.33 | 46.98 | 42.72 | 34.39 | 36.37 | 52.16 | 33.08 | 30.30 | 31.58 | 25.60 | -3.79 | -44.26 | -44.23 | -36.99 | -33.75 | 7.83 | 9.22 | 8.06 | 7.78 | 7.90 | 19.57 | 23.91 | 24.35 | 24.46 | 11.76 | 6.40 | 8.87 | 8.66 | 8.40 | 14.49 | 14.82 | 21.55 | 27.56 | 26.64 | 28.36 | 23.48 | 21.79 | 17.07 | 14.55 | 19.34 | 20.06 | 28.99 | 30.52 | 28.98 | 21.74 | 23.19 | 24.67 | 25.13 | 11.92 | 8.44 | 5.57 |
ROA % |
9.22 | 3.68 | 3.88 | 4.02 | 3.56 | 7.30 | 9.09 | 10.45 | 14.34 | 11.63 | 9.83 | 6.70 | 15.72 | 10.73 | 10.45 | 9.52 | 9.86 | 8.04 | -0.97 | -11.54 | -11.42 | -9.27 | -8.16 | 2.68 | 3.25 | 2.93 | 2.94 | 2.99 | 6.08 | 7.13 | 6.98 | 7.00 | 3.40 | 1.88 | 2.70 | 2.64 | 2.57 | 4.44 | 4.55 | 6.61 | 8.80 | 8.81 | 9.71 | 8.30 | 7.88 | 6.26 | 5.54 | 7.44 | 8.01 | 11.91 | 12.81 | 12.45 | 9.38 | 9.29 | 9.41 | 9.28 | 4.40 | 3.12 | 2.05 |
ROCE % |
75.85 | 40.44 | 37.35 | 30.53 | 23.42 | 35.37 | 40.54 | 43.92 | 58.19 | 68.72 | 63.92 | 51.50 | 55.33 | 38.29 | 13.83 | 8.17 | 9.93 | 1.34 | 0.59 | -55.17 | -55.27 | -45.52 | -43.07 | 13.24 | 17.32 | 16.32 | 16.15 | 15.84 | 18.43 | 25.68 | 27.81 | 28.63 | 24.39 | 16.36 | 19.06 | 17.54 | 16.02 | 24.51 | 24.89 | 35.45 | 44.60 | 42.78 | 45.43 | 37.68 | 35.20 | 28.08 | 24.14 | 31.36 | 32.30 | 45.75 | 48.14 | 45.72 | 55.04 | 53.50 | 51.65 | 43.47 | 19.48 | 14.67 | 9.32 |
Current Ratio |
1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.5 | 1.5 | 1.5 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | - | 1.5 | 1.6 | 1.7 | 1.6 | 1.5 | 1.6 | 1.6 | 1.6 | 1.6 | 1.8 | 1.8 | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 1.9 | 1.8 | 1.8 | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 1.9 | 1.8 | 1.8 | 1.8 | 1.8 | 1.6 | 1.6 | 1.6 | 1.6 | 1.7 | 1.7 | 1.7 | 1.7 | 1.8 | 1.8 | 1.8 | 1.8 | 1.6 | 1.6 | 1.6 | 1.6 |
DSO |
26.6 | 33.5 | 28.3 | 31.4 | 32.3 | 29.2 | 30.7 | 35.8 | 25.4 | 25.6 | 30.9 | - | 13.4 | 13.3 | 32.0 | - | 27.2 | 26.6 | 26.6 | 29.2 | 30.2 | 43.1 | 26.7 | 21.2 | 21.6 | 20.3 | 21.5 | 16.5 | 23.2 | 23.9 | 25.5 | 20.4 | 22.3 | 23.6 | 23.3 | 19.2 | 19.9 | 19.6 | 23.4 | 17.1 | 14.3 | 13.0 | 18.5 | 16.6 | 14.6 | 13.8 | 18.8 | 20.4 | 19.3 | 19.8 | 19.9 | 20.3 | 20.0 | 20.8 | 22.7 | 25.7 | 24.2 | 24.0 | - |
DIO |
22.0 | 30.1 | 29.1 | 31.3 | 31.7 | 27.9 | 26.3 | 30.7 | 25.7 | 28.4 | 29.7 | - | 11.6 | 9.8 | 22.8 | - | 27.9 | 29.0 | 35.5 | - | 43.8 | 63.5 | 39.9 | - | 37.6 | 31.5 | 35.3 | - | 43.6 | 45.7 | 40.4 | - | 30.5 | 31.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
DPO |
39.0 | 43.9 | 37.8 | 42.7 | 42.8 | 39.2 | 40.8 | 48.3 | 37.7 | 37.5 | 44.1 | - | 19.6 | 20.4 | 43.6 | - | 37.6 | 37.1 | 38.4 | - | 42.7 | 61.9 | 42.7 | - | 42.8 | 35.7 | 36.9 | - | 41.5 | 43.5 | 46.4 | - | 45.6 | 47.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Cycle |
- | 63.6 | 57.5 | 62.7 | 63.9 | 57.2 | 57.0 | 66.5 | 51.1 | 54.1 | 60.6 | - | 25.0 | 23.1 | 54.8 | - | 55.1 | 55.6 | 62.1 | 29.2 | 74.0 | 106.6 | 66.6 | 21.2 | 59.2 | 51.8 | 56.8 | 16.5 | 66.8 | 69.6 | 65.9 | 20.4 | 52.8 | 55.0 | 23.3 | 19.2 | 19.9 | 19.6 | 23.4 | 17.1 | 14.3 | 13.0 | 18.5 | 16.6 | 14.6 | 13.8 | 18.8 | 20.4 | 19.3 | 19.8 | 19.9 | 20.3 | 20.0 | 20.8 | 22.7 | 25.7 | 24.2 | 24.0 | - |
Cash Conversion Cycle |
- | 19.6 | 19.7 | 20.0 | 21.2 | 17.9 | 16.2 | 18.2 | 13.3 | 16.6 | 16.5 | - | 5.4 | 2.6 | 11.2 | - | 17.5 | 18.4 | 23.6 | 29.2 | 31.3 | 44.7 | 24.0 | 21.2 | 16.4 | 16.1 | 19.9 | 16.5 | 25.3 | 26.1 | 19.5 | 20.4 | 7.2 | 8.0 | 23.3 | 19.2 | 19.9 | 19.6 | 23.4 | 17.1 | 14.3 | 13.0 | 18.5 | 16.6 | 14.6 | 13.8 | 18.8 | 20.4 | 19.3 | 19.8 | 19.9 | 20.3 | 20.0 | 20.8 | 22.7 | 25.7 | 24.2 | 24.0 | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Marathon Petroleum Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.