Marathon Petroleum MPC
NYSE MPC
$414.61 +1.79 (+0.43%)
At close: Nov 13, 2026 · 4:00 PM EST

Marathon Petroleum (MPC) Price to Earnings (2011 - 2026)

Updated

Marathon Petroleum's Price to Earnings was 7.36 in Q3 2026, down 63.4% from 20.10 a year earlier and down 12.3% from the prior quarter.

Analysis

Marathon Petroleum (MPC) Price to Earnings (2011 - 2026) Analysis & Trends

For FY2025, Price to Earnings at Marathon Petroleum came in at 11.84, down 6.4% from FY2024.

  • In earlier years, Price to Earnings was 12.66 in FY2024 (+128.6%), 5.54 in FY2023 (+55.0%), 3.57 in FY2022 (-3.8%) and 3.71 in FY2021.
  • The Q3 2026 figure marks the lowest quarterly Price to Earnings since Q4 2023.
  • Compared with a year earlier, Price to Earnings has declined for four straight quarters, with growth averaging 43.6% over the last eight quarters.
  • The best year-over-year quarter for Price to Earnings over five years was Q2 2025 (growth of 192.6%); the worst was Q2 2026 (a decline of 64.5%).
  • Per Business Quant data, MPC's Price to Earnings in the three quarters before Q3 2026 was 8.39 (Q2 2026), 15.39 (Q1 2026) and 11.84 (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marathon Petroleum 112.89 Bn 92.33 Bn 12.69 Bn
2 Valero Energy 105.91 Bn 80.88 Bn 9.41 Bn
3 HF Sinclair 17.51 Bn 9.85 Bn 3.15 Bn
4 Sunoco 8.96 Bn 5.82 Bn 1.56 Bn
5 PBF Energy 8.70 Bn 4.34 Bn 2.17 Bn
6 Ultrapar Holdings 6.21 Bn -1.35 Bn 2.61 Bn
7 Delek US Holdings 4.15 Bn 1.30 Bn 1.58 Bn
8 Cvr Energy 4.12 Bn 1.25 Bn 783.00 Mn
9 Par Pacific Holdings 3.66 Bn 2.45 Bn 715.29 Mn
10 Icahn Enterprises 3.59 Bn -1.86 Bn 816.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 7.36
Jun 30, 2026 8.39
Mar 31, 2026 15.39
Dec 31, 2025 11.84
Sep 30, 2025 20.10
Jun 30, 2025 23.65
Mar 31, 2025 18.39
Dec 31, 2024 12.66
Sep 30, 2024 11.57
Jun 30, 2024 8.08
Mar 31, 2024 8.99
Dec 31, 2023 5.54
Sep 30, 2023 4.97
Jun 30, 2023 3.66
Mar 31, 2023 3.49
Dec 31, 2022 3.57
Sep 30, 2022 3.89
Jun 30, 2022 5.01
Mar 31, 2022 4.27
Dec 31, 2021 3.71
API Access

Marathon Petroleum Price to Earnings API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MPC&period=max&api_key=YOUR_API_KEY