profit from every $100 of sales.
$0$100
Marathon Petroleum
$414.65+0.44% today
+113.1% in 1 year
1-year low $162.631-year high $484.92
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $27.90 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Marathon Petroleum sold, what it kept, and what it did with the cash.
Sales went from $177 billion in 2022 to $133 billion in 2025, with $4.05 billion of profit last year.
SalesProfit
Marathon Petroleum handed back 97% of the cash it generated last year.
Buybacks $3.5B$1.1B
Free cash flow 2025$4.8B
Bought back its own shares$3.5B
Paid as dividends$1.1B
Cash vs. debt$3.7B vs. $34.4B
Marathon Petroleum vs. similar companies
Marathon Petroleum grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Marathon Petroleum | 27.9× · Fair price | ||
 Reliance Industries | 22.4× · Fair price | ||
 Valero Energy | 45.1× · Expensive | ||
 Phillips 66 | 23.5× · Fair price | ||
 Formosa Petrochemical | 89.2× · Very expensive |
Compare Marathon Petroleum with Chevron · Exxon Mobil
AI analysis
An AI analyst reads Marathon Petroleum's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 69,779 | 119,983 | 177,453 | 148,379 | 138,864 | 132,699 | |
| – | – | 22,567 | 16,506 | 9,287 | 10,002 | |
| – | – | 18,970 | 12,586 | 5,248 | 5,768 | |
| -8,775 | 7,521 | 24,882 | 18,561 | 10,602 | 11,678 | |
| -9,826 | 9,738 | 14,516 | 9,681 | 3,445 | 4,047 | |
| -15.13 | 15.24 | 28.12 | 23.63 | 10.08 | 13.22 | |
| – | – | 12.7% | 11.1% | 6.7% | 7.5% | |
| – | – | 10.7% | 8.5% | 3.8% | 4.3% | |
| -14.1% | 8.1% | 8.2% | 6.5% | 2.5% | 3.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 85,158 | 85,373 | 89,904 | 85,987 | 78,858 | 83,955 |
| Cash | 415 | 5,291 | 8,625 | 5,443 | 3,210 | 3,672 |
| Total debt | 33,095 | 26,904 | 27,909 | 28,501 | 28,758 | 34,358 |
| Total liabilities | 54,938 | 51,792 | 54,817 | 54,588 | 54,352 | 59,869 |
| 22,199 | 26,206 | 27,715 | 24,404 | 17,745 | 17,314 | |
| 649 | 638 | 516 | 409 | 341 | 306 | |
| -17.4% | 6.2% | 30.8% | 22.8% | 12.3% | 12.9% | |
| -44.3% | 37.2% | 52.4% | 39.7% | 19.4% | 23.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,419 | 4,360 | 16,361 | 14,117 | 8,665 | 8,253 | |
| 2,787 | 1,464 | 2,420 | 1,890 | 2,533 | 3,486 | |
| -368 | 2,896 | 13,941 | 12,227 | 6,132 | 4,767 | |
| Dividends paid | 1,510 | 1,484 | 1,279 | 1,261 | 1,154 | 1,140 |
| 0 | 4,654 | 11,922 | 11,572 | 9,189 | 3,488 | |
| 100 | 88 | 153 | 211 | 137 | 160 |
Valuation
- 27.9×
- 18.7×
- –
- 7.2×
- 0.9×
- 23.7×
- 12.3×
- 4.2%
- 3.6%
- 1.6%
Profitability
- 7.5%
- 4.3%
- 3.0%
- 9.1%
- 13.2%
- 20.2%
- 27.3%
- 5.3%
- 10.7%
- –
Growth
- +13.7%
- –
- −22.3%
- +10.0%
- −16.0%
Financial health
- 2.6×
- 1.98
- 38.9%
- 6.0×
- 1.26
- 0.73
- 1.54
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 19%of 467
Bottom 24%of 466
Bottom 24%of 387
Top 22%of 461
Bottom 45%of 460
What analysts expect
- Average price target
- $214.78
- Range
- $174.00 – $233.00
- 5 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 1.65 | 0.74 | +123.3% |
| Feb 3, 2026 | 4.07 | 2.72 | +49.6% |
| Nov 4, 2025 | 3.01 | 3.15 | −4.4% |
| Aug 5, 2025 | 3.96 | 3.24 | +22.2% |
| May 6, 2025 | -0.24 | -0.54 | +55.7% |
| Feb 4, 2025 | 0.77 | 0.02 | +3,401.6% |
| Nov 5, 2024 | 1.87 | 0.98 | +90.8% |
| Aug 6, 2024 | 4.12 | 3.09 | +33.3% |
1.6%of the share price, paid each year
On $1,000 invested$16a year at today's yield, before tax
+10.0%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$1.14 in 2015 → $3.73 in 2025
How safe it looks
28.2% of its profit
Room to growStretchedMore than it earns: 23.9%
News
Carl Icahn’s CVR Energy reportedly nears $4B deal to acquire Marathon refineriesSeeking Alpha · Nov 3, 2026Why Marathon Petroleum Stock Slipped TodayYahoo Finance · Sep 23, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
47No pass
Benjamin Graham
38No pass
Philip Fisher
49No pass
Peter Lynch
44No pass
Joel Greenblatt
35No pass
Charlie Munger
45No pass
Terry Smith
51No pass
Questions about Marathon Petroleum
Is Marathon Petroleum a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Marathon Petroleum AI analysis
What does Marathon Petroleum do?
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. It is in Oil & Gas Refining & Marketing, based in Findlay, OH, United States, with 18,500 employees.
Does Marathon Petroleum pay a dividend?
Yes. At today's price the dividend is 1.6% a year, about 28% of its yearly profit. In 2025 it paid out $1.14 billion in dividends.
Is Marathon Petroleum stock halal?
Questionable. Marathon Petroleum sits in a grey zone: its debt is 30% of its market value, between 30% and 33%. How we check
How has Marathon Petroleum stock done over the past year?
Up 113.1% over the past twelve months, to $414.65. It traded between $162.63 and $484.92 and is 14.5% below its high.
Who are Marathon Petroleum's competitors?
The largest listed companies in the same industry are Reliance Industries, Valero Energy, Phillips 66 and Formosa Petrochemical. The peers table on this page compares their profit, growth and price with Marathon Petroleum's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.