Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
MPC · NYSE · Energy
Fundamental quality
66
out of 100
Marathon Petroleum Corp earns a fundamental-quality score of 66 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its financial strength (net debt 1.46× EBITDA). Its weakest area is its growth (revenue +15.4%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Marathon Petroleum is the largest U.S. refiner: it buys crude, turns it into gasoline and diesel, and sells it. It doesn't live off the oil price but off the 'crack spread': the gap between crude in and fuels out.
EPS growth: -2.8% · Revenue growth: 15.4%
Net margin: 5.6% · ROE: 44.8% · ROIC: 25.6%
Net debt/EBITDA: 1.46x · FCF: 8.4%
Source: SEC EDGAR · TTM through 30/06/2026
The score includes +1 for dividend strength: 4 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.
Percentile against the other 30 Energy companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 69,779 | -9,826 | -368 | 31,629 |
| 2021 | 119,983 | 9,738 | 2,896 | 20,657 |
| 2022 | 177,453 | 14,516 | 13,941 | 18,455 |
| 2023 | 148,379 | 9,681 | 12,227 | 22,177 |
| 2024 | 138,864 | 3,445 | 6,132 | 24,587 |
| 2025 | 132,699 | 4,047 | 4,767 | 29,633 |
Between 2020 and 2025, revenue went from $69,779M to $132,699M (+90%) and net income went from -$9,826M to $4,047M (+141%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$3.73
per share, yearly
28.2% of earnings
Payout
4 straight years raising it
Growth
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Marathon Petroleum Corp cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Marathon Petroleum Corp a good company to invest in?
In terms of business quality, Marathon Petroleum Corp scores 66 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Marathon Petroleum Corp a profitable company?
Marathon Petroleum Corp is profitable, with a net margin of 5.6%, though a thin one.
Does Marathon Petroleum Corp have a lot of debt?
Not particularly. Its net debt is 1.46 times its EBITDA, a low level.
Is Marathon Petroleum Corp growing?
Its revenue has grown 15.4% annualized in recent years.
Does Marathon Petroleum Corp generate cash?
Yes. It converts about 8.4% of its revenue into free cash flow.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Marathon Petroleum Corp's filings on EDGAR
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