Marathon Petroleum (MPC) Stock Price

Marathon Petroleum Price

NYSE·CLOSED
301.80USD-14.68 (-4.75 %)
Market closed

Revenue has compounded at 4.3% per year over the past 17 years to 132.70 B USD. Earnings per share have grown at 21.1% per year over the last 16 years. Marathon Petroleum's net margin stands at 3.0%, down from 8.1% several years earlier. Marathon Petroleum currently offers a dividend yield of about 1.24%. The payout ratio is around 28% of earnings. The dividend has grown at 16.3% per year over the past 14 years. Analysts set a median price target of 204.00 USD, implying 32.4% below the current price. Of 25 analysts, 14 rate the stock a buy — an overall Buy consensus. Over the past year Marathon Petroleum shares have gained 78.7%. The stock trades about 90% above its 52-week low.

Marathon Petroleum stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Marathon Petroleum over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Marathon Petroleum stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Marathon Petroleum's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Marathon Petroleum Stock Price History
DateMarathon Petroleum Price
8/5/2026301.80 USD
7/31/2026316.47 USD
7/30/2026314.08 USD
7/29/2026309.42 USD
7/27/2026307.37 USD
7/23/2026312.27 USD
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10/21/2025188.54 USD
10/20/2025182.87 USD
10/19/2025186.27 USD
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10/15/2025181.15 USD
10/14/2025183.83 USD
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10/9/2025180.89 USD
10/8/2025187.56 USD
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10/6/2025191.54 USD
10/5/2025193.52 USD
10/2/2025193.14 USD
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9/28/2025196.47 USD
9/25/2025198.69 USD
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9/22/2025190.87 USD
9/21/2025187.25 USD
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9/15/2025182.99 USD
9/14/2025179.94 USD
9/11/2025180.28 USD
9/10/2025182.31 USD
9/9/2025181.69 USD
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9/7/2025181.19 USD
9/4/2025180.28 USD
9/3/2025178.98 USD
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8/28/2025179.71 USD
8/27/2025179.30 USD
8/26/2025177.89 USD
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8/21/2025170.88 USD
8/20/2025164.94 USD
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8/11/2025159.11 USD
8/10/2025158.59 USD
8/7/2025160.84 USD
8/6/2025161.51 USD
8/5/2025162.44 USD
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Marathon Petroleum Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
177.45 B USD
19.97 B USD
14.52 B USD
Jan 1, 2023
148.38 B USD
13.25 B USD
9.68 B USD
Jan 1, 2024
138.86 B USD
6.09 B USD
3.45 B USD
Jan 1, 2025
132.70 B USD
7.04 B USD
4.05 B USD
Jan 1, 2027 (e)
138.95 B USD
11.00 B USD
9.47 B USD
Jan 1, 2028 (e)
143.67 B USD
10.77 B USD
6.94 B USD
Jan 1, 2029 (e)
162.32 B USD
12.17 B USD
8.04 B USD
Jan 1, 2030 (e)
170.70 B USD
12.79 B USD
13.67 B USD

Marathon Petroleum Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 9:47 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252027e2028e2029e2030e
97.8272.0563.3474.7386.09111.1569.78119.98177.45148.38138.86132.70138.95143.67162.32170.70
-2.34-26.34-12.0917.9915.1929.11-37.2271.9547.90-16.38-6.41-4.444.713.4012.985.17
12.4919.837.147.407.987.820.965.5112.7211.126.697.547.547.547.547.54
12.2214.294.525.536.878.700.676.6122.5716.519.2910.0010.4710.8312.2312.87
4.054.692.394.024.694.46-12.254.3019.9713.256.097.0411.0010.7712.1712.79
4.146.513.775.385.454.01-17.553.5811.258.934.385.317.927.507.507.50
2.522.851.173.432.782.64-9.839.7414.529.683.454.059.476.948.0413.67
19.5113.00-58.84192.33-19.00-5.14-472.62-199.1049.07-33.31-64.4117.47133.98-26.6915.8270.07
1.841.641.361.521.842.122.322.322.493.083.393.734.104.514.96
19.48-10.87-17.0711.7621.0515.229.437.3323.699.7410.369.9210.009.98
559.80536.96531.06493.00704.33653.00650.00609.00468.00377.00321.00299.00299.00299.00299.00299.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Marathon Petroleum generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Marathon Petroleum retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Marathon Petroleum's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Marathon Petroleum has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Marathon Petroleum's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Marathon Petroleum stock margins

The Marathon Petroleum margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Marathon Petroleum. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Marathon Petroleum.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
5.51 %
3.58 %
8.12 %
Jan 1, 2022
12.72 %
11.25 %
8.18 %
Jan 1, 2023
11.12 %
8.93 %
6.52 %
Jan 1, 2024
6.69 %
4.38 %
2.48 %
Jan 1, 2025
7.54 %
5.31 %
3.05 %
Jan 1, 2027 (e)
7.54 %
7.92 %
6.82 %
Jan 1, 2028 (e)
7.54 %
7.50 %
4.83 %
Jan 1, 2029 (e)
7.54 %
7.50 %
4.95 %

Marathon Petroleum Stock Revenue, EBIT, Earnings per Share

The Marathon Petroleum earnings per share therefore indicates how much revenue Marathon Petroleum has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
197.02 USD
7.06 USD
15.99 USD
Jan 1, 2022
379.17 USD
42.67 USD
31.02 USD
Jan 1, 2023
393.58 USD
35.14 USD
25.68 USD
Jan 1, 2024
432.60 USD
18.96 USD
10.73 USD
Jan 1, 2025
443.81 USD
23.56 USD
13.54 USD
Jan 1, 2027 (e)
407.47 USD
36.80 USD
27.77 USD
Jan 1, 2028 (e)
421.31 USD
36.01 USD
20.36 USD
Jan 1, 2029 (e)
476.00 USD
40.69 USD
23.58 USD

Marathon Petroleum business model & stock analysis

The Marathon Petroleum Corporation is a US-based company headquartered in Findlay, Ohio, that operates in the field of oil refining, marketing, and pipeline transportation. Founded in 2005 as a subsidiary of the former Marathon Oil Corporation, it became an independent company on October 1, 2018. The company's primary business model is focused on the production and marketing of crude oil products. Marathon Petroleum operates a variety of refineries in the US and Canada, where crude oil is further processed into various products, including gasoline, diesel, heating oil, lubricants, and other petrochemical products. Additionally, Marathon Petroleum operates an extensive network of pipelines and terminals for the transportation and storage of refinery products. These pipelines are located on land and along coastlines, connecting refineries to destination ports, storage facilities, and other sites. The company is also involved in the production and marketing of asphalt products, as well as the generation of electricity and steam for its own use. Marathon Petroleum has three main segments: the refining segment, the retail segment, and the pipeline segment. The refining segment encompasses all activities related to the production and processing of crude oil products. The retail segment is responsible for selling these products to end consumers and operates several thousand gas stations in the US and Canada under the brand name "Speedway." The pipeline segment is responsible for transporting crude oil products from refineries to distributors and other facilities. The company also engages in joint ventures with businesses operating in the petrochemical products, alternative energy, or technology sectors. Marathon Petroleum's product range includes various types of gasoline, diesel, heating oil, lubricants, and petrochemical products. The company also offers additional customer solutions such as access to financing and fuel management tools. Marathon Petroleum has also expanded its network of e-cigarette and vape shops, featuring products such as Juul, blu, and other e-cigarette brands. Overall, the company holds a strong market position in the oil industry and operates one of the largest refineries in the US. In recent years, it has made several major acquisitions to expand its business fields and growth opportunities. Marathon Petroleum is a significant player in the oil industry, striving to optimize its value chain and explore new growth prospects. However, in recent years, the company has faced criticism, particularly regarding the environmental impacts of its refineries and pipelines. In August 2019, Marathon Petroleum was fined $1.2 million by the US Environmental Protection Agency for illegal emissions of volatile organic compounds from its refinery in Detroit. The company has emphasized its commitment to promoting sustainable and environmentally-conscious business practices and improving its processes to minimize environmental impacts.

Marathon Petroleum SWOT Analysis

Strengths

Marathon Petroleum Corp (MPC) possesses several strengths that contribute to its success in the market. These strengths include:

  • Strong market position: MPC is one of the largest petroleum refining companies in the United States, enjoying a strong market presence and a vast customer base.
  • Integrated operations: The company's integrated business model, including refining, marketing, and midstream operations, provides a competitive advantage and allows for cost savings and efficiency.
  • Strategic alliances: MPC has formed strategic alliances and partnerships with other industry players, enhancing its access to resources, expertise, and market opportunities.
  • Wide product portfolio: The company offers a diverse range of petroleum products, including gasoline, diesel, and jet fuel, catering to various consumer demands.

Weaknesses

Despite its strengths, Marathon Petroleum Corp faces certain weaknesses that can hinder its growth and performance. These weaknesses include:

  • Environmental concerns: The company operates in an industry with growing environmental regulations and public concerns about carbon emissions, which can negatively impact its reputation and operations.
  • Dependency on commodity prices: Fluctuations in crude oil and natural gas prices directly impact MPC's profitability, making it vulnerable to market volatility.
  • Decreasing gasoline demand: With the transition toward electric vehicles and renewable energy sources, the demand for gasoline may continue to decline, affecting MPC's sales and revenue.

Opportunities

Marathon Petroleum Corp can leverage several opportunities to drive its future growth and success:

  • Evolving energy landscape: The increasing focus on renewable energy sources presents opportunities for diversification and investment in alternative fuels and technologies.
  • Expansion in international markets: MPC can explore new markets beyond the United States to expand its customer base and reduce dependence on domestic market conditions.
  • Growth through acquisitions: Strategic acquisitions of smaller competitors or related businesses can help MPC enhance its market share and consolidate its position in the industry.

Threats

Marathon Petroleum Corp must also navigate various threats that could impact its operations and profitability:

  • Intense competition: The petroleum refining industry is highly competitive, with several major players vying for market share, which can put pressure on MPC's pricing and margins.
  • Changing regulations: Evolving regulations regarding emissions, fuel standards, and environmental policies can require significant investments and compliance costs, impacting MPC's profitability.
  • Geopolitical risks: Instability in oil-producing regions, political tensions, and trade disputes can disrupt the global supply chain and affect MPC's access to key resources and markets.

Marathon Petroleum Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Marathon Petroleum Employees
Details
Date
Marathon Petroleum Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Marathon Petroleum Segments

Marathon Petroleum Revenue by Segment (1/6)

  • 3 Years

  • 5 Years

  • Max

Merchandise
Crude oil
Crude oil and refinery feedstocks
Midstream services and other
Refined products
Midstream services, transportation and other
Services and other
Details
Date
Merchandise
Crude oil
Crude oil and refinery feedstocks
Midstream services and other
Refined products
Midstream services, transportation and other
Services and other
Jan 1, 2018
5.33 B USD
0.00 USD
4.14 B USD
0.00 USD
83.89 B USD
2.39 B USD
0.00 USD
Jan 1, 2019
6.29 B USD
4.40 B USD
0.00 USD
3.60 B USD
109.66 B USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
4.02 B USD
0.00 USD
3.47 B USD
62.29 B USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
7.13 B USD
0.00 USD
0.00 USD
1.59 B USD
0.00 USD
3.04 B USD
Jan 1, 2022
0.00 USD
8.96 B USD
0.00 USD
0.00 USD
2.22 B USD
0.00 USD
3.15 B USD
Jan 1, 2023
0.00 USD
7.42 B USD
0.00 USD
0.00 USD
1.68 B USD
0.00 USD
3.24 B USD
Jan 1, 2024
0.00 USD
7.30 B USD
0.00 USD
0.00 USD
2.07 B USD
0.00 USD
6.00 M USD
Jan 1, 2025
0.00 USD
5.82 B USD
0.00 USD
0.00 USD
2.80 B USD
0.00 USD
5.00 M USD

Marathon Petroleum Revenue by Segment (2/6)

  • 3 Years

  • 5 Years

  • Max

Consumer Excise Tax
Third Party Reimbursements, Noncash Consideration and Imbalances
Details
Date
Consumer Excise Tax
Third Party Reimbursements, Noncash Consideration and Imbalances
Jan 1, 2018
6.66 B USD
502.00 M USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Marathon Petroleum Revenue by Segment (3/6)

  • 3 Years

  • Max

Refining & Marketing
Midstream
Renewable Diesel
Details
Date
Refining & Marketing
Midstream
Renewable Diesel
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
115.35 B USD
0.00 USD
0.00 USD
Jan 1, 2022
172.09 B USD
0.00 USD
0.00 USD
Jan 1, 2023
143.47 B USD
4.91 B USD
0.00 USD
Jan 1, 2024
131.59 B USD
5.20 B USD
2.08 B USD
Jan 1, 2025
124.25 B USD
0.00 USD
2.81 B USD

Marathon Petroleum Revenue by Segment (4/6)

  • 3 Years

  • 5 Years

  • Max

Refining & Marketing
Retail
Midstream
Details
Date
Refining & Marketing
Retail
Midstream
Jan 1, 2018
68.94 B USD
23.54 B USD
3.27 B USD
Jan 1, 2019
87.06 B USD
33.06 B USD
3.83 B USD
Jan 1, 2020
66.18 B USD
0.00 USD
3.60 B USD
Jan 1, 2021
0.00 USD
0.00 USD
4.63 B USD
Jan 1, 2022
0.00 USD
0.00 USD
5.37 B USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
5.63 B USD

Marathon Petroleum Revenue by Segment (5/6)

  • 3 Years

  • 5 Years

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
69.78 B USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Marathon Petroleum Revenue by Segment (6/6)

  • 3 Years

  • 5 Years

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2018
95.75 B USD
Jan 1, 2019
123.95 B USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Marathon Petroleum Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Marathon Petroleum historical P/E ratio, EBIT multiple, and P/S ratio

Marathon Petroleum annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Marathon Petroleum shares outstanding

The number of shares of Marathon Petroleum was 299 M in 2025. This indicates how many shares Marathon Petroleum is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
609.00 M Stocks
Jan 1, 2022
468.00 M Stocks
Jan 1, 2023
377.00 M Stocks
Jan 1, 2024
321.00 M Stocks
Jan 1, 2025
299.00 M Stocks
Jan 1, 2027 (e)
299.00 M Stocks
Jan 1, 2028 (e)
299.00 M Stocks
Jan 1, 2029 (e)
299.00 M Stocks

Marathon Petroleum stock splits

In Marathon Petroleum's history, there have been no stock splits.

Marathon Petroleum Dividend History

16 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
20262.00USDYTD
Feb 18, 20261.00USD 0.0%1/2
May 20, 20261.00USD 0.0%2/2
20253.73USD 10.2%
Feb 19, 20250.91USD 0.0%1/4
May 21, 20250.91USD 0.0%2/4
Aug 20, 20250.91USD 0.0%3/4
Nov 19, 20251.00USD 9.9%4/4
20243.39USD 10.1%
20233.08USD 23.5%
20222.49USD 7.3%
20212.32USD 0.0%
20202.32USD 9.4%
20192.12USD 15.2%
20181.84USD 21.1%
20171.52USD 11.8%

Marathon Petroleum dividend history and estimates

In 2025, Marathon Petroleum paid a dividend amounting to 3.73 USD. Dividend means that Marathon Petroleum distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
2.32 USD
0.00 USD
Jan 1, 2022
2.49 USD
0.00 USD
Jan 1, 2023
3.08 USD
0.00 USD
Jan 1, 2024
3.39 USD
0.00 USD
Jan 1, 2025
3.73 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
4.10 USD
Jan 1, 2028 (e)
0.00 USD
4.51 USD
Jan 1, 2029 (e)
0.00 USD
4.96 USD

Marathon Petroleum dividend payout ratio

In 2025, Marathon Petroleum had a payout ratio of 27.56%. The payout ratio indicates the percentage of the company's profits that Marathon Petroleum distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
14.51 %
Jan 1, 2022
8.03 %
Jan 1, 2023
11.97 %
Jan 1, 2024
31.54 %
Jan 1, 2025
27.56 %
Jan 1, 2027 (e)
14.77 %
Jan 1, 2028 (e)
22.15 %
Jan 1, 2029 (e)
21.03 %

Current Marathon Petroleum forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
56.00 % (14)
Hold
44.00 % (11)
Sell
0.00 % (0)
12M Price Target
204.00
Last Price
310.14
Currency
USD
12M Return Potential
-34.22 %
LTM Return
0 %

Marathon Petroleum Analyst Rating Actions

DateFirmActionRatingReliability
7/22/2026
Goldman Sachs
Goldman Sachs
MaintainedBuy
7/21/2026
TD Cowen
TD Cowen
MaintainedBuy60
7/14/2026
Citigroup
Citigroup
MaintainedNeutral48
7/13/2026
Raymond James
Raymond James
MaintainedOutperform74
7/13/2026
Evercore ISI Group
Evercore ISI Group
MaintainedIn Line62
7/13/2026
Barclays
Barclays
MaintainedOverweight33
6/29/2026
TD Cowen
TD Cowen
MaintainedBuy60
6/12/2026
Morgan Stanley
Morgan Stanley
MaintainedOverweight60
5/27/2026
Mizuho
Mizuho
MaintainedNeutral31
5/7/2026
Goldman Sachs
Goldman Sachs
MaintainedBuy

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Marathon Petroleum Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/4/202613.40USD-42.00 BUSD-2026 Q2
5/5/20261.06USD-33.32 BUSD-2026 Q1
2/3/20263.04USD-32.30 BUSD-2025 Q4
4/30/20243.13USD-33.75 BUSD-2024 Q1
1/29/20242.84USD-36.16 BUSD-2023 Q4
7/31/20235.16USD-34.32 BUSD-2023 Q2
5/1/20233.76USD-33.92 BUSD-2023 Q1
1/31/20236.05USD-39.27 BUSD-2022 Q4
11/1/20227.14USD-42.36 BUSD-2022 Q3
8/2/20228.13USD-44.74 BUSD-2022 Q2

EESG©

Eulerpool ESG Scorecard© for the Marathon Petroleum stock

79/100
68
Environment
85
Social
84
Governance
E

Environment

20
Scope 1 - Direct Emissions33,000,000
Scope 2 - Indirect emissions from purchased energy6,800,000
Scope 3 - Indirect emissions within the value chain379,000,000
Total CO₂ emissions39,800,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees18
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Marathon Petroleum shareholder structure

% Name
7.15391%
BLACKROCK, INC.
BLACKROCK, INC.
5.62173%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
5.57918%
STATE STREET CORP
STATE STREET CORP
4.59593%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
2.29370%
GEODE CAPITAL MANAGEMENT, LLC
GEODE CAPITAL MANAGEMENT, LLC
1.78110%
MORGAN STANLEY
MORGAN STANLEY
...

Marathon Petroleum Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.7%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
73.10%
73.1%(2)
73.1%(2)
SEC ↗
62.20%
Marathon Petroleum Corporation
Marathon Petroleum Corporation
SEC ↗
48.50%
MPC Investment LLC
MPC Investment LLC
SEC ↗
36.90%
MPLX GP LLC
MPLX GP LLC
SEC ↗
13.70%
Western Refining Southwest, Inc.
Western Refining Southwest, Inc.
SEC ↗
13.70%
Western Refining, Inc.
Western Refining, Inc.
SEC ↗
13.70%
Giant Industries, Inc.
Giant Industries, Inc.
SEC ↗
13.70%
Andeavor LLC
Andeavor LLC
SEC ↗
11.04%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
8.80%
Tesoro Refining & Marketing Company LLC
Tesoro Refining & Marketing Company LLC
SEC ↗

Marathon Petroleum Executives and Management Board

26 members · avg. age 58 · 35 % women

MH

Mr. Michael Hennigan (65)

Executive Chairman of the Board, Executive Vice President - Refining · since 2019

23.76 M USD

Management

MM

Ms. Maryann Mannen (62)

President, Chief Executive Officer, Director · since 2021

14.39 M USD
TA

Mr. Timothy Aydt (61)

Executive Vice President - Refining

6.25 M USD
JQ

Mr. John Quaid (53)

Chief Financial Officer, Executive Vice President

5.81 M USD
RH

Mr. Rick Hessling (58)

Chief Commercial Officer

4.23 M USD
MB

Ms. Molly Benson (58)

Chief Legal Officer, Corporate Secretary

3.91 M USD
GF

Mr. Gregory Floerke (61)

Executive Vice President, Chief Operating Officer of MPLX GP LLC

3.19 M USD

Board of Directors

JS

Mr. John Surma (70)

Lead Independent Director

721,250.00 USD
FS

Mr. Frank Semple (73)

Non-Executive Independent Director

572,405.00 USD
JS

Dr. J. Michael Stice (66)

Non-Executive Independent Director

562,500.00 USD
SB

Sen. Evan Bayh (69)

Non-Executive Independent Director

352,500.00 USD
JC

Mr. Jonathan Cohen (54)

Non-Executive Independent Director

347,500.00 USD
KR

Ms. Kim Rucker (58)

Non-Executive Independent Director

335,000.00 USD

Marathon Petroleum Supply Chain

Marathon Petroleum Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Crestwood Equity Partners
Supplier·Customer
0.70
0.19
0.29
0.53
0.94
0.97
2
Marathon Oil
Supplier
0.92
0.83
0.66
0.80
0.98
0.96
3
Targa Resources
Supplier·Customer
0.89
0.67
0.83
0.59
0.92
0.96
4
Diamondback Energy
Supplier·Customer
0.81
0.63
0.51
0.60
0.97
0.96
1.23
5
Western Midstream Prtnrs
Supplier·Customer
0.41
0.23
0.53
0.76
0.97
0.96
#Nameβ 1YTrend
1
WPX Energy, Inc.
Supplier
0.66
0.44
0.14
-0.27
-0.40
2
Capstone Green Energy
Supplier
0.53
0.50
0.50
0.07
3
Chemtrade Logistics Income Fund
Supplier
0.51
0.25
0.42
0.59
4
Battalion Oil
Supplier
0.46
5
Husky Energy Inc.
Customer
0.44
0.60
0.16
-0.29
-0.50

Frequently asked questions about Marathon Petroleum

The business model of Marathon Petroleum Corp is focused on refining, marketing, and transportation of petroleum products. As one of the largest independent refiners in the United States, Marathon Petroleum Corp operates a network of refineries, pipelines, terminals, and retail gasoline stations. The company is primarily involved in the refining of crude oil into various products such as gasoline, diesel, jet fuel, and asphalt. With its integrated logistics system and extensive distribution network, Marathon Petroleum Corp efficiently delivers petroleum products to customers across the country. Through its business model, the company aims to provide reliable and cost-effective energy solutions to meet the demands of consumers and businesses.

Marathon Petroleum Corp is primarily active in the oil and gas industry.

The main competitors of Marathon Petroleum Corp in the market include Chevron Corporation, Exxon Mobil Corporation, and Valero Energy Corporation.

Marathon Petroleum Corp, a leading American oil refining company, has a rich history and background. Established in 1887, the company has evolved over time to become one of the largest integrated downstream energy companies in the United States. Initially known as The Ohio Oil Company, Marathon Petroleum Corp has undergone several name changes and mergers to reach its present form. With its headquarters in Findlay, Ohio, the company operates a vast refining network, distributing refined products across the country through extensive pipelines, terminals, and retail marketing systems. Marathon Petroleum Corp has a strong commitment to safety, sustainability, and excellence in providing high-quality products and services to meet the energy needs of consumers and businesses nationwide.

Marathon Petroleum Corp has achieved several significant milestones throughout its history. One notable accomplishment is the company's acquisition of Andeavor, a leading refining and marketing company, in 2018. This strategic move positioned Marathon Petroleum Corp as the largest independent refiner in the United States. Additionally, Marathon Petroleum Corp expanded its retail presence by acquiring Speedway, a well-established convenience store and fuel retailer. These milestones have contributed to the company's growth, market dominance, and strong position in the energy industry. Marathon Petroleum Corp's dedication to continuous improvement and strategic acquisitions has played a crucial role in its success.

Marathon Petroleum Corp is primarily present in the United States. As one of the largest refining and marketing companies, Marathon Petroleum Corp operates a comprehensive network of refineries, pipelines, and retail locations across several states in the U.S. Their operations span various regions including the Midwest, Gulf Coast, and the East Coast. With a strong focus on energy production and distribution, Marathon Petroleum Corp continues to make significant contributions to the American petroleum industry.

Marathon Petroleum Corp represents a set of core values and corporate philosophy that guide its operations. The company is dedicated to maintaining the highest standards of integrity, safety, and environmental stewardship. Marathon Petroleum Corp focuses on delivering superior customer service and strives for operational excellence in its refining, marketing, and transportation businesses. The company values teamwork, diversity, and inclusion, fostering a collaborative and supportive work culture that empowers its employees to innovate and excel. By consistently prioritizing responsible business practices and commitment to its stakeholders, Marathon Petroleum Corp remains a trusted player in the energy industry.

Analysts currently set an average price target of 199.38 USD for the Marathon Petroleum stock (median: 204.00 USD), implying -35.7 % versus the latest price. The consensus is based on 25 analyst ratings.

25 analysts currently rate the Marathon Petroleum stock: 14 recommend buying, 11 holding and 0 selling.

Converted at the current exchange rate, the Marathon Petroleum share trades at 261.85 EUR (301.80 USD).

The Marathon Petroleum share (MPC) is listed on 10 stock exchanges, including: NYSE (MPC), XETRA (MPN.DE), Frankfurt (MPN.F), München (MPN.MU), Düsseldorf (MPN.DU), London (0JYA.L), London (0JYA.L), SIX (Zürich) (MPN.SW).

Marathon Petroleum Corp is one of the largest US companies in the refinery and marketing of oil products. The company operates in various sectors, including crude oil refining, petroleum product marketing, manufacturing of lubricants, cooking gas and petrochemicals, and providing overall solutions for the transportation of oil and gas. The refining of crude oil is one of the main activities of Marathon Petroleum Corp. The company owns seven refineries in the US, including in Kentucky, Ohio, Michigan, and Texas. The refineries process more than 3 million barrels of crude oil daily and produce a variety of products such as gasoline, diesel, heating oil, and aviation fuel. The marketing of petroleum products is an important part of Marathon Petroleum Corp's business model. The company operates more than 7,800 gas stations and 5,800 convenience stores under the Speedway brand in the US. It offers a wide range of products and services, such as food, beverages, coffee, ATMs, car washes, and lubricants. The manufacturing of lubricants is another significant business area of Marathon Petroleum Corp. The company offers a wide range of lubricants and lubricants suitable for various purposes, such as the automotive industry, shipping, and the industrial sector. Cooking gas, also known as liquefied petroleum gas (LPG), is an important component of Marathon Petroleum Corp's business model. The company produces and distributes LPG under the "Marathon" brand in the US. It is primarily used for heating homes and cooking in households and restaurants. The production of petrochemicals is another area in which Marathon Petroleum Corp is active. The company produces a variety of petrochemical products, such as ethylene, propylene, butadiene, and aromatic hydrocarbons. These products are used in various industries, such as construction, automotive, textile, and packaging. The company also offers overall solutions for the transportation of oil and gas. It owns a fleet of tankers that transport oil and gas, as well as a pipeline infrastructure that operates in the US and Canada. The pipeline infrastructure consists of over 12,000 kilometers of pipelines and is capable of transporting more than 1.5 million barrels of oil daily. Overall, Marathon Petroleum Corp's business model is focused on the production and marketing of petroleum products, including gasoline and diesel, as well as providing overall solutions for the transportation of oil and gas. The company is also involved in the manufacturing of lubricants, cooking gas, and petrochemicals, and operates a gas station network under the Speedway brand. Marathon Petroleum Corp is a comprehensive company in the oil industry that offers a wide range of products and services.

The revenue cannot currently be calculated for Marathon Petroleum.

The profit cannot currently be calculated for Marathon Petroleum.

The P/E ratio cannot be calculated for Marathon Petroleum at the moment.

The P/S cannot be calculated for Marathon Petroleum currently.

The Eulerpool Quality Score for Marathon Petroleum is 2/10.

The ISIN of Marathon Petroleum is US56585A1025. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Marathon Petroleum is A1JEXK. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Marathon Petroleum is MPC. The ticker symbol is used to trade Marathon Petroleum shares on the stock exchange.

Over the past 12 months, Marathon Petroleum paid a dividend of 3.73 USD . This corresponds to a dividend yield of about 1.24 %. For the coming 12 months, Marathon Petroleum is expected to pay a dividend of 4.96 USD.

The current dividend yield of Marathon Petroleum is 1.24 %.

Marathon Petroleum pays a dividend, distributed in the months of , , , .

Marathon Petroleum paid dividends every year for the past 15 years.

For the upcoming 12 months, dividends amounting to 4.96 USD are expected. This corresponds to a dividend yield of 1.57 %.

Marathon Petroleum is assigned to the 'Energy' sector.

In the year 2025, Marathon Petroleum distributed 4.51 USD as dividends.

The dividends of Marathon Petroleum are distributed in USD.