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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Marathon Petroleum Corporation (MPC) trades at a price to free cash flow of 4.8×. Over the past ten years it has ranged from 0.0× (March 2021) to 57.9× (October 2021); the current reading is higher than 15% of that period. That is below the Oil & Gas Refining & Marketing industry median of 5.9× and below the Energy sector median of 8.9×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 8.6× 11.74%
FY2024 7.7× 52.09%
FY2023 5.1× 24.93%
FY2022 4.0× (69.58%)
FY2021 13.3× —
FY2020 0.0× —
FY2019 8.5× (17.94%)
FY2018 10.3× 20.22%
FY2017 8.6× (62.26%)
FY2016 22.8× 71.31%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 5.0× (5.04%)
Jun 2026 5.3× (50.45%)
Mar 2026 10.7× 24.90%
Dec 2025 8.6× (36.33%)
43 more quarters

Against its own ten years

Low 0.0× High 57.9×
Ten-year median 10.1×
Current reading's percentile 15

Price to free cash flow against peers

Company Price to free cash flow
PBF PBF Energy Inc. compare 3.2×
UGP Ultrapar Participacoes S.A. compare 4.1×
SUN Sunoco LP compare 4.3×
MPC Marathon Petroleum Corporation 4.8×
CVI CVR Energy Inc. compare 4.8×
DINO HF Sinclair Corporation compare 5.4×
DK Delek US Holdings, Inc. compare 5.7×
VLO Valero Energy Corporation compare 7.1×
PSX Phillips 66 compare 8.0×
Oil & Gas Refining & Marketing industry median 5.9×
Energy sector median 8.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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