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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Marathon Petroleum Corporation (MPC) trades at a price to free cash flow of 9.9×. Over the past ten years it has ranged from 0.0× (March 2021) to 57.9× (October 2021); the current reading is higher than 49% of that period. That is in line with the Oil & Gas Refining & Marketing industry median of 10.0× and below the Energy sector median of 11.2×.

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
Jun 2026 5.3× (50.45%)
Mar 2026 10.7× 24.90%
Dec 2025 8.6× (36.33%)
Sep 2025 13.5× (2.13%)
42 more quarters

Against its own ten years

Low 0.0× High 57.9×
Ten-year median 10.2×
Current reading's percentile 49

Price to free cash flow against peers

Company Price to free cash flow
IEP Icahn Enterprises L.P. compare n/m
UGP Ultrapar Participacoes S.A. compare 5.7×
SUN Sunoco LP compare 6.0×
MPC Marathon Petroleum Corporation 9.9×
DINO HF Sinclair Corporation compare 10.0×
PBF PBF Energy Inc. compare 11.0×
VLO Valero Energy Corporation compare 13.9×
CVI CVR Energy Inc. compare 17.1×
PSX Phillips 66 compare 18.4×
Oil & Gas Refining & Marketing industry median 10.0×
Energy sector median 11.2×
Market median 14.2×

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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