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MPC Marathon Petroleum PE ratio, current and historical analysis

As at Oct 2, 2023, the MPC stock has a PE ratio of 5.41. This is based on the current EPS of $27.72 and the stock price of $150.02 per share. An increase of 30% has been recorded in the PE ratio compared to the average of 4.2 of the last four quarters.

MPC PE ratio history

How has MPC's PE ratio performed in the past

The mean historical PE ratio of Marathon Petroleum over the last ten years is 10.98. The current 5.41 P/E ratio is 51% lower 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.

Average
10.98
Median
10.2
Minimum
4.04
Maximum
30.6

Marathon Petroleum PE ratio by year

Maximum annual increase: 131.43% in 2016

Maximum annual decrease: -56.97% in 2017

Year PE ratio Change
2022 4.11 -1.44%
2021 4.17 N/A
2020 N/A N/A
2019 15.06 36.78%
2018 11.01 12.81%
2017 9.76 -56.97%
2016 22.68 131.43%
2015 9.8 -4.02%
2014 10.21 -25.64%
2013 13.73 116.9%

MPC average PE ratio chart

What is the average PE ratio of MPC for the past years

Currently, MPC's PE ratio is higher than its 3-year historical average, but it is lower than the 5 and 10-year averages.

3-year avg
4.53
5-year avg
7.34
10-year avg
10.98
15-year avg
N/A

MPC PE vs peers

What is MPC's PE ratio compared to its peers

In comparison to its peers XOM and CVX, MPC's PE ratio is lower, but it is higher than PSX's and VLO's. Marathon Petroleum's PE ratio is trading below the peer group average of 7.42.

Stock name PE ratio Market cap
VLO Valero Energy Corp 4.54 $46.49B
PSX Phillips 66 4.95 $50.94B
MPC Marathon Petroleum Corp 5.25 $58.15B
XOM Exxon Mobil Corp 9.23 $461.95B
CVX Chevron Corp 10.49 $310.39B
DK Delek US Holdings Inc N/A $1.68B

Frequently asked questions

What is Marathon Petroleum's PE ratio?

The price to earnings ratio for MPC stock is 5.41 as of Oct 2, 2023.

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 4.53.

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 7.34.

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 51% below its 10-year historical average.

Why is Marathon Petroleum's PE ratio so low?

MPC's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 5.41 is considered low.

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 (Oct 2, 2023), Marathon Petroleum's stock price is $150.02. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $27.72. Therefore, Marathon Petroleum's PE ratio for today is 5.41. PE RATIO(5.41) = STOCK PRICE($150.02) / TTM EPS($27.72)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.