Back to MPC overview
#
MPC Marathon Petroleum
PE ratio, current and historical analysis

## MPC PE ratio history

### Marathon Petroleum PE ratio by year

## MPC average PE ratio chart

## MPC PE vs peers

## Frequently asked questions

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What is Marathon Petroleum's PE ratio?

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What is the 3-year average PE ratio for Marathon Petroleum (MPC)?

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What is the 5-year average PE ratio for Marathon Petroleum (MPC)?

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What is the highest PE ratio for MPC?

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How does the current PE ratio for MPC compare to its historical average?

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Why is Marathon Petroleum's PE ratio so low?

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How is MPC's PE ratio calculated (Marathon Petroleum PE ratio formula)?

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.

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

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% |

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

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 |

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

Over the last 3 years, the average price to earnings ratio for MPC stock is 4.53.

Over the last 5 years, the average price to earnings ratio for MPC stock is 7.34.

The highest quarterly PE ratio in the last ten years has been 30.6 and it was in the Jun 2017 quarter.

MPC's current price to earnings ratio is 51% below its 10-year historical average.

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

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.