Marathon Petroleum CorporationMPC

Where MPC's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$395.93+3.51 (+0.89%)Previous close
NYSEEnergy

MPC P/E ratio: current value, 10-year range and year-by-year history

13.6Above average

MPC's p/e ratio is higher than 65% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MPC P/E ratio historyMPC P/E ratio from Sep 2023 to Sep 2026: low 5.29, high 29.44, latest 13.63.3.3610.3617.3624.3631.37Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 13.13

MPC P/E ratio by year

Yearly range of MPC’s p/e ratio from 2016 to 2026. Over the full period it ranged from -91.6 to 38.8, averaging 8.8.

MPC P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20268.814.318.913.6
202512.220.529.412.2
20246.59.414.014.0
20233.24.65.85.5
20224.414.631.25.1
2021-91.6-22.938.823.4
2020-4.10.715.5-2.7
20198.811.815.115.1
20186.79.812.111.1
201717.424.133.420.6
201611.019.824.023.6

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is MPC P/E ratio High or Low Right Now?

Marathon Petroleum Corporation's P/E ratio is currently 13.6, which is above average relative to its 10-year historical range. The 10-year median P/E ratio for MPC is approximately 10.9. See all MPC valuation metrics →

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