MPC · NYQ
S&P 500
Marathon Petroleum Corporation
Energy · Oil & Gas Refining & Marketing
$389.55
−$0.33 (−0.08%) today
Closing price on Nov 10, 2026 · Source: Yahoo Finance
Consensus of 18 analysts
Buy
Median price target $466.00 +19.6%
- Open
- $378.13
- Day range
- 376.65 – $391.00
- 52-week range
- 161.93 – $493.98
- Volume
- 2,200,924
- Market cap
- $106,068M
- P/E (TTM)
- 7.7x
- EPS (TTM)
- $50.47
- EPS est. 2026
- $68.85
- P/E est. 2026
- 5.7x
- Dividend yield
- 1.1%
- Beta
- 0.51
- Payout
- 8%
The analysis of this company is being prepared and will appear in the next update.
Marathon Petroleum financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $56,032M | +61.0% |
| Net income | $7,447M | +443.6% |
| Earnings per share | $26.59 | +489.6% |
| Net margin | 13.3% | +9.4 pp |
| Free cash flow | $9,605M | +477.9% |
| Debt / equity | 1.48 | −25.8% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $34,809M | $1,370M |
| Q4 2025 | $32,574M | $1,535M |
| Q1 2026 | $34,200M | $511M |
| Q2 2026 | $51,994M | $5,138M |
| Q3 2026 | $56,032M | $7,447M |
Marathon Petroleum earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 15 | $23.43217.63 – 30.55 | +475.7%$4.070 |
| Next quarterQ1 2027 · Analysts: 14 | $15.9349.89 – 22.89 | +865.7%$1.650 |
| Current year2026 · Analysts: 14 | $68.85063.22 – 76.85 | +543.5%$10.700 |
| Next year2027 · Analysts: 18 | $61.41936.62 – 90.87 | −10.8%$68.850 |
Forward P/E: 5.7x (2026) and 6.3x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $4.510 | — |
| Q4 2025 | $4.070 | $2.711 |
| Q1 2026 | $1.650 | $0.748 |
| Q2 2026 | $17.730 | $13.951 |
| Q3 2026 | $26.930 | $26.004 |
| Q4 2026 | — | $23.432 |
| Q1 2027 | — | $15.934 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | $28.120 | — |
| 2023 | $23.630 | — |
| 2024 | $10.080 | — |
| 2025 | $13.220 | — |
| 2026 | — | $68.850 |
| 2027 | — | $61.419 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $15.934 | +865.7% |
| Q4 2026Estimated | $23.432 | +475.7% |
| Q3 2026 | $26.930est. $26.004 · surprise +3.6% | +497.1% |
| Q2 2026 | $17.730est. $13.951 · surprise +27.1% | n/a |
| Q1 2026 | $1.650est. $0.748 · surprise +120.6% | n/a |
| Q4 2025 | $4.070est. $2.711 · surprise +50.1% | n/a |
| Q3 2025 | $4.510 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $61.419 | −10.8% |
| 2026Estimated | $68.850 | +420.8% |
| 2025 | $13.220 | +31.2% |
| 2024 | $10.080 | −57.3% |
| 2023 | $23.630 | −16.0% |
| 2022 | $28.120 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Marathon Petroleum dividend
Yield and payments
| Dividend yield (TTM) | 1.1% |
| Forward yield (next 12m) | 1.1% |
| Dividend per share (TTM) | $4.10 |
| Forward dividend (next 12m) | $4.40 |
| Payout (TTM) | 8% |
| Last dividend | $1.00Aug 19, 2026 |
| Next ex-dividend date | Nov 18, 2026 |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $2.12 |
| 2020 | $2.32 |
| 2021 | $2.32 |
| 2022 | $2.49 |
| 2023 | $3.08 |
| 2024 | $3.39 |
| 2025 | $3.73 |
| est. 12m | $4.40 |
Marathon Petroleum forecasts
18 analyst ratings
Consensus: Buy · 8 buy, 9 hold, 1 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $564.00 | +44.8% |
| Median | $466.00 | +19.6% |
| Low | $236.00 | −39.4% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $193.73 |
| Dec 31, 2025 | $162.63 |
| Jan 30, 2026 | $176.19 |
| Feb 27, 2026 | $198.21 |
| Mar 31, 2026 | $244.18 |
| Apr 30, 2026 | $248.29 |
| May 29, 2026 | $248.77 |
| Jun 30, 2026 | $255.67 |
| Jul 31, 2026 | $316.47 |
| Aug 31, 2026 | $373.32 |
| Sep 30, 2026 | $395.42 |
| Oct 30, 2026 | $444.73 |
| Nov 10, 2026 | $389.55 |
Marathon Petroleum peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| MPC | Marathon Petroleum | 106,068 | 7.7x | 389.55 | −0.08% | 161.93493.98 |
| VLO | Valero Energy | 97,808 | 8.0x | 350.71 | −1.69% | 159.90461.52 |
| PSX | Phillips 66 | 97,791 | 8.0x | 250.70 | −0.92% | 127.16299.39 |
| XOM | ExxonMobil | 670,910 | 16.9x | 164.47 | −0.16% | 114.19188.50 |
| CVX | Chevron | 412,144 | 15.5x | 211.22 | +0.21% | 146.49236.48 |
| COP | ConocoPhillips | 160,313 | 14.3x | 135.59 | +0.83% | 85.70154.28 |
What the AI agents think about Marathon Petroleum
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