MPC

NYSE

Marathon Petroleum Corp

Energy, Oil & Gas Refining & Marketing

$298.20

close 7 Aug 2026

+88.03%

52-week change

$83.74B

market cap

$158.00

$326.92

52-week range

Expected price

$196.77 – $240.50

Current price

$298.20

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)10.30x

P/S (TTM)0.55x

P/B4.39x

EV/EBITDA (TTM)6.23x

FCF yield (TTM)15.40%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average10.49x

P/E, sector median15.54x*

Price at 5-year median P/E$205.59*

Indicated dividend yield1.34%

Forward — analyst consensus

Forward P/E (FY2026)5.99x*

Forward P/E (FY2027)10.04x

Forward PEG—*

Consensus EPS FY2026 (14 analysts)$49.80

EPS growth (FY2026→FY2027)-40.37%

Revenue growth (FY2026)21.15%

Street view

Price target (mean)$316.61*

Target upside6.17%

Ratings (buy / hold / sell)10 / 8 / 1

FY2026 EPS revisions, 30d (up / down)13 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 4 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

10Y CAGR +8.67%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$298.20

Cash & equivalents$7.77B

Total debt$32.82B

Shares outstanding280.82M

Result

DCF price per share$1,296.73

Current price$298.20

Margin of safety+334.85%

PV of years 1–10$133.47B

PV of terminal value$255.73B

Equity value$364.15B

Market-implied growth-7.85%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$14.02B	$15.23B	$16.55B	$17.99B	$19.55B	$21.24B	$23.08B	$25.09B	$27.26B	$29.62B	$552.10B
PV	$12.98B	$13.06B	$13.14B	$13.22B	$13.30B	$13.39B	$13.47B	$13.55B	$13.64B	$13.72B	$255.73B

period to 30 Jun 2026, filed 4 Aug 2026, close 7 Aug 2026