Marathon Petroleum Corporation

MPC Energy Oil & Gas Refining & Marketing

Marathon Petroleum Corporation’s revenue for fiscal 2025 (year ended December 2025) was $132.7 billion, down 4.44% from fiscal 2024.

Revenue
+61.0%
EPS
+526.1%
Free cash flow
+477.9%
Total debt
+0.54%

Quarter to September 2026, against a year earlier

378.60 14.08 −3.59%
Market cap
$102.7B
P/E
7.2×
Fwd P/E
6.8×
Dividend yield
1.06%
F-score
7/9
Altman Z
3.14
Beneish M
−2.73
Dividend safety
72/100

Marathon Petroleum Corporation (MPC) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Marathon Petroleum Corporation (MPC) trades at a P/B ratio of 3.5×. Over the past ten years it has ranged from 0.3× (March 2020) to 4.8× (September 2026); the current reading is higher than 98% of that period. That is above the Oil & Gas Refining & Marketing industry median of 1.7× and above the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.1× 5.52%
FY2024 2.0× (4.00%)
FY2023 2.0× 22.13%
FY2022 1.7× 33.81%
FY2021 1.2× 35.56%
FY2020 0.9× (2.61%)
FY2019 0.9× 33.70%
FY2018 0.7× (56.91%)
FY2017 1.6× 18.22%
FY2016 1.4× (2.41%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.7× 28.64%
Jun 2026 2.9× (6.57%)
Mar 2026 3.1× 49.31%
Dec 2025 2.1× (15.76%)
43 more quarters

Against its own ten years

Low 0.3× High 4.8×
Ten-year median 1.6×
Current reading's percentile 98

P/B ratio against peers

Company P/B ratio
PBF PBF Energy Inc. compare 1.0×
SUN Sunoco LP compare 1.2×
DINO HF Sinclair Corporation compare 1.5×
UGP Ultrapar Participacoes S.A. compare 1.5×
PSX Phillips 66 compare 2.8×
CVI CVR Energy Inc. compare 3.2×
VLO Valero Energy Corporation compare 3.2×
MPC Marathon Petroleum Corporation 3.5×
DK Delek US Holdings, Inc. compare 9.1×
Oil & Gas Refining & Marketing industry median 1.7×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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