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. In the quarter to June 2026, revenue grew 53.8%, EPS grew 348.5%, free cash flow grew 366.3% and total debt rose 14.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

478.07 1.15 +0.24%
Market cap
$133.9B
P/E
16.4×
Fwd P/E
7.8×
Dividend yield
0.84%
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 16 October 2026, Marathon Petroleum Corporation (MPC) trades at a P/B ratio of 5.4×. Over the past ten years it has ranged from 0.3× (March 2020) to 5.4× (October 2026); the current reading is higher than 100% of that period. That is above the Oil & Gas Refining & Marketing industry median of 2.1× and above the Energy sector median of 1.6×.

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
Jun 2026 2.9× (6.57%)
Mar 2026 3.1× 49.31%
Dec 2025 2.1× (15.76%)
Sep 2025 2.4× 11.52%
42 more quarters

Against its own ten years

Low 0.3× High 5.4×
Ten-year median 1.6×
Current reading's percentile 100

P/B ratio against peers

Company P/B ratio
SUN Sunoco LP compare 1.5×
PBF PBF Energy Inc. compare 1.5×
IEP Icahn Enterprises L.P. compare 2.1×
UGP Ultrapar Participacoes S.A. compare 2.1×
DINO HF Sinclair Corporation compare 2.2×
PSX Phillips 66 compare 3.6×
VLO Valero Energy Corporation compare 4.6×
MPC Marathon Petroleum Corporation 5.4×
CVI CVR Energy Inc. compare 8.3×
Oil & Gas Refining & Marketing industry median 2.1×
Energy sector median 1.6×
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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