Price to Earnings (P/E)
since 2011
Calculation
Marathon Petroleum Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) attributable to MPC1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 28, 2024 | 6.24 | = | 167.16 | ÷ | 26.79 | 26.79 | = | 9,681 | ÷ | 361,358,732 | |
| Feb 23, 2023 | 3.85 | = | 125.52 | ÷ | 32.58 | 32.58 | = | 14,516 | ÷ | 445,546,907 | |
| Feb 24, 2022 | 4.32 | = | 74.46 | ÷ | 17.23 | 17.23 | = | 9,738 | ÷ | 565,212,958 | |
| Feb 26, 2021 | — | = | 54.62 | ÷ | -15.09 | -15.09 | = | -9,826 | ÷ | 651,274,842 | |
| Feb 28, 2020 | 11.68 | = | 47.42 | ÷ | 4.06 | 4.06 | = | 2,637 | ÷ | 649,503,967 | |
| Feb 28, 2019 | 15.03 | = | 62.01 | ÷ | 4.13 | 4.13 | = | 2,780 | ÷ | 673,619,190 | |
| Feb 28, 2018 | 8.89 | = | 64.06 | ÷ | 7.21 | 7.21 | = | 3,432 | ÷ | 476,059,729 | |
| Feb 24, 2017 | 22.49 | = | 50.03 | ÷ | 2.22 | 2.22 | = | 1,174 | ÷ | 527,782,929 | |
| Feb 26, 2016 | 6.35 | = | 34.22 | ÷ | 5.39 | 5.39 | = | 2,852 | ÷ | 529,227,453 | |
| Feb 27, 2015 | 11.36 | = | 52.50 | ÷ | 4.62 | 4.62 | = | 2,524 | ÷ | 546,125,760 | |
| Feb 28, 2014 | 11.72 | = | 42.00 | ÷ | 3.58 | 3.58 | = | 2,112 | ÷ | 589,128,462 | |
| Feb 28, 2013 | 8.11 | = | 41.44 | ÷ | 5.11 | 5.11 | = | 3,389 | ÷ | 662,867,852 | |
| Feb 29, 2012 | 6.05 | = | 20.78 | ÷ | 3.44 | 3.44 | = | 2,389 | ÷ | 695,228,266 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Marathon Petroleum Corp. Annual Report.
Comparison to Competitors
Marathon Petroleum Corp., P/E, long-term trends, comparison to competitors
| Marathon Petroleum Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | Texas Pacific Land Corp. | |
|---|---|---|---|---|---|---|
| Feb 28, 2024 | 6.24 | 13.42 | 11.92 | 11.49 | 13.36 | 28.78 |
| Feb 23, 2023 | 3.85 | 8.71 | 7.07 | 8.01 | 4.24 | 30.84 |
| Feb 24, 2022 | 4.32 | 16.81 | 14.66 | 14.11 | 23.89 | 29.04 |
| Feb 26, 2021 | — | — | — | — | — | 48.98 |
| Feb 28, 2020 | 11.68 | 70.06 | 8.77 | 15.64 | — | 16.50 |
| Feb 28, 2019 | 15.03 | 15.30 | 12.60 | 16.15 | 12.08 | 27.51 |
| Feb 28, 2018 | 8.89 | 22.83 | — | 16.28 | 39.87 | 55.22 |
| Feb 24, 2017 | 22.49 | — | — | 42.80 | — | 63.54 |
| Feb 26, 2016 | 6.35 | 35.02 | — | 20.96 | — | 22.06 |
| Feb 27, 2015 | 11.36 | 10.61 | 12.03 | 11.56 | 99.82 | 33.29 |
| Feb 28, 2014 | 11.72 | 10.04 | 8.91 | 12.71 | 12.93 | 42.37 |
| Feb 28, 2013 | 8.11 | 8.61 | 8.49 | 8.94 | 14.33 | 26.36 |
| Feb 29, 2012 | 6.05 | 7.96 | 7.60 | 10.03 | 12.54 | 20.64 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Marathon Petroleum Corp., P/E, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Marathon Petroleum Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Feb 28, 2024 | 6.24 | 12.32 |
| Feb 23, 2023 | 3.85 | 7.77 |
| Feb 24, 2022 | 4.32 | 15.46 |
| Feb 26, 2021 | — | — |
| Feb 28, 2020 | 11.68 | 22.15 |
| Feb 28, 2019 | 15.03 | 15.09 |
| Feb 28, 2018 | 8.89 | 22.14 |
| Feb 24, 2017 | 22.49 | 206.02 |
| Feb 26, 2016 | 6.35 | 69.67 |
| Feb 27, 2015 | 11.36 | 12.23 |
| Feb 28, 2014 | 11.72 | 11.41 |
| Feb 28, 2013 | 8.11 | 9.09 |
| Feb 29, 2012 | 6.05 | 9.24 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Industry (Energy)
Marathon Petroleum Corp., P/E, long-term trends, comparison to industry (energy)
| Marathon Petroleum Corp. | Energy | |
|---|---|---|
| Feb 28, 2024 | 6.24 | 12.61 |
| Feb 23, 2023 | 3.85 | 8.19 |
| Feb 24, 2022 | 4.32 | 15.99 |
| Feb 26, 2021 | — | — |
| Feb 28, 2020 | 11.68 | 42.32 |
| Feb 28, 2019 | 15.03 | 15.66 |
| Feb 28, 2018 | 8.89 | 27.21 |
| Feb 24, 2017 | 22.49 | 516.18 |
| Feb 26, 2016 | 6.35 | 63.82 |
| Feb 27, 2015 | 11.36 | 12.82 |
| Feb 28, 2014 | 11.72 | 11.90 |
| Feb 28, 2013 | 8.11 | 9.69 |
| Feb 29, 2012 | 6.05 | 9.84 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).