MARATHON PETROLEUM CORPORATION (MPC) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an...
MARATHON PETROLEUM CORPORATION (MPC) currently trades at a P/E ratio of 15.69 (historical range: 3.84–28.85, median: 6.65), placing it at the 78th percentile — above its historical average, P/S ratio of 0.87 (range: 0.27–0.89, 100th percentile — expensive relative to its history), EV/EBITDA of 11.38 (range: 3.45–25.65, 62th percentile).
Over the historical period (2021-09-14 to 2026-10-16), MARATHON PETROLEUM CORPORATION's P/E ratio has expanded by 188% over the observed period (from an average of 5.3 to 15.1).
MARATHON PETROLEUM CORPORATION trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 15.69 | 6.65 | 78th | above its historical average |
| P/S Ratio | 0.87 | 0.40 | 100th | expensive relative to its history |
| EV/EBITDA | 11.38 | 9.21 | 62th | above its historical average |
| FCF Yield | 9.61% | 11.40% | 38th | above its historical average |
MARATHON PETROLEUM CORPORATION (MPC) Valuation & P/E History
MARATHON PETROLEUM CORPORATION (MPC) is a US-listed stock operating in the Energy sector, specifically the Petroleum Refining industry currently trading at $477.51 with a market capitalization of $134.1 billion. This page provides historical valuation analysis for MPC based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 15.69 is above the historical median of 6.65, placing MPC at the 78th percentile of its valuation range. The P/S ratio of 0.87 compares to a median of 0.40.
MPC Valuation Metrics & Historical Range
The valuation table above shows MARATHON PETROLEUM CORPORATION's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether MPC is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests MPC is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for MARATHON PETROLEUM CORPORATION.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is MPC Overvalued or Undervalued?
MARATHON PETROLEUM CORPORATION trades well above its own historical valuation range across most metrics. The overall valuation percentile of 80 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive MPC is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full MPC analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.MPC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.