MPC Marathon Petroleum PE ratio, current and historical analysis
As at Feb 21, 2025, the MPC stock has a PE ratio of 11.94. This is based on the current EPS of $12.88 and the stock price of $153.74 per share. An increase of 26% has been recorded in the PE ratio compared to the average of 9.5 of the last four quarters.
MPC PE ratio history
The mean historical PE ratio of Marathon Petroleum over the last ten years is 10.37. The current 11.94 P/E ratio is 15% higher than the historical average. In the past ten years, MPC's PE ratio peaked in the Jun 2017 quarter at 30.6, with a price of $52.33 and an EPS of $1.71. The Mar 2023 quarter marked the lowest point at 4.04, with a price of $134.83 and an EPS of $33.41.
Marathon Petroleum PE ratio by year
Maximum annual increase: 131.43% in 2016
Maximum annual decrease: -56.97% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 6.25 | 52.07% | $148.36 | $23.73 |
| 2022 | 4.11 | -1.44% | $116.39 | $28.31 |
| 2021 | 4.17 | N/A | $63.99 | $15.34 |
| 2020 | N/A | N/A | $41.36 | -$15.13 |
| 2019 | 15.06 | 36.78% | $60.25 | $4 |
| 2018 | 11.01 | 12.81% | $59.01 | $5.36 |
| 2017 | 9.76 | -56.97% | $65.98 | $6.76 |
| 2016 | 22.68 | 131.43% | $50.35 | $2.22 |
| 2015 | 9.8 | -4.02% | $51.84 | $5.29 |
| 2014 | 10.21 | -25.64% | $45.13 | $4.42 |
| 2013 | 13.73 | 116.9% | $45.87 | $3.34 |
| 2012 | 6.33 | 27.36% | $31.5 | $4.98 |
| 2011 | 4.97 | N/A | $16.65 | $3.35 |
| 2010 | N/A | N/A | N/A | $0.88 |
| 2009 | N/A | N/A | N/A | $0.63 |
Marathon Petroleum PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 12.65 | 40.87% | $162.91 | $12.88 |
| Jun 2024 | 8.98 | -9.48% | $173.48 | $19.31 |
| Mar 2024 | 9.92 | 58.72% | $201.5 | $20.31 |
| Dec 2023 | 6.25 | 11.21% | $148.36 | $23.73 |
| Sep 2023 | 5.62 | 33.49% | $151.34 | $26.91 |
| Jun 2023 | 4.21 | 4.21% | $116.6 | $27.72 |
| Mar 2023 | 4.04 | -1.7% | $134.83 | $33.41 |
| Dec 2022 | 4.11 | -4.42% | $116.39 | $28.31 |
| Sep 2022 | 4.3 | -21.25% | $99.33 | $23.09 |
| Jun 2022 | 5.46 | 9.42% | $82.21 | $15.07 |
| Mar 2022 | 4.99 | 19.66% | $85.5 | $17.13 |
| Dec 2021 | 4.17 | -3.7% | $63.99 | $15.34 |
| Sep 2021 | 4.33 | -15.43% | $61.81 | $14.27 |
| Jun 2021 | 5.12 | N/A | $60.42 | $11.81 |
| Mar 2021 | N/A | N/A | $53.49 | -$1.27 |
MPC average PE ratio chart
Currently, MPC's PE ratio is higher than its 3, 5 and 10-year historical averages.
MPC PE vs peers
In comparison to its peers XOM and CVX, MPC's PE ratio is lower, but it is higher than VLO's. Marathon Petroleum's PE ratio is trading below the peer group average of 14.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VLO Valero Energy Corp | 11.91 | $42.66B |
| MPC Marathon Petroleum Corp | 11.94 | $49.41B |
| XOM Exxon Mobil Corp | 14.12 | $480.3B |
| CVX Chevron Corp | 16.08 | $276.27B |
| PSX Phillips 66 | 16.38 | $53.18B |
| BP BP plc | 242.07 | $91.58B |
| DK Delek US Holdings Inc | N/A | $1.05B |
Frequently asked questions
What is Marathon Petroleum's PE ratio?
The price to earnings ratio for MPC stock is 11.94 as of Feb 21, 2025.
What is the 3-year average PE ratio for Marathon Petroleum (MPC)?
Over the last 3 years, the average price to earnings ratio for MPC stock is 6.41.
What is the 5-year average PE ratio for Marathon Petroleum (MPC)?
Over the last 5 years, the average price to earnings ratio for MPC stock is 6.01.
What is the highest PE ratio for MPC?
The highest quarterly PE ratio in the last ten years has been 30.6 and it was in the Jun 2017 quarter.
How does the current PE ratio for MPC compare to its historical average?
MPC's current price to earnings ratio is 15% above its 10-year historical average.
How is MPC's PE ratio calculated (Marathon Petroleum PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), Marathon Petroleum's stock price is $153.74. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $12.88. Therefore, Marathon Petroleum's PE ratio for today is 11.94. PE RATIO(11.94) = STOCK PRICE($153.74) / TTM EPS($12.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.