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) Return on invested capital

Alert me on Return on invested capital

Marathon Petroleum Corporation's return on invested capital over the twelve months to 30 June 2026 was 17.4%, up 7.7 percentage points from fiscal 2025 (9.72%). Over the past ten years it has ranged from −12.7% (fiscal 2020) to 27.4% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Oil & Gas Refining & Marketing industry median of 11.5% and above the Energy sector median of 5.84%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 9.72% 0.98
FY2024 8.74% (10.33)
FY2023 19.1% (8.29)
FY2022 27.4% 21.68
FY2021 5.68% 18.35
FY2020 −12.7% (16.68)
FY2019 4.01% (0.18)
FY2018 4.19% (3.97)
FY2017 8.16% 3.17
FY2016 4.99% (4.63)

Against its own ten years

Low −12.7% High 27.4%
Ten-year median 8.16%
Current reading's percentile 82

Return on invested capital against peers

Company Return on invested capital
VLO Valero Energy Corporation compare 19.7%
MPC Marathon Petroleum Corporation 17.4%
PBF PBF Energy Inc. compare 16.7%
UGP Ultrapar Participacoes S.A. compare 15.3%
DINO HF Sinclair Corporation compare 14.9%
CVI CVR Energy Inc. compare 12.3%
PSX Phillips 66 compare 11.1%
SUN Sunoco LP compare 5.64%
IEP Icahn Enterprises L.P. compare 1.84%
Oil & Gas Refining & Marketing industry median 11.5%
Energy sector median 5.84%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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