Current Enterprise Value (EV)
Current share price (P) | $158.80 |
No. shares of common stock outstanding | 321,388,952 |
US$ in millions | |
Common equity (market value)1 | 51,037) |
Add: Preferred stock, no shares issued and outstanding, par value $0.01 per share (per books) | —) |
Add: Noncontrolling interests (per books) | 6,100) |
Total equity | 57,137) |
Add: Debt due within one year (per books) | 1,954) |
Add: Long-term debt due after one year (per books) | 25,329) |
Total equity and debt | 84,420) |
Less: Cash and cash equivalents | 5,443) |
Less: Short-term investments | 4,781) |
Enterprise value (EV) | 74,196) |
Based on: 10-K (reporting date: 2023-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 158.80 × 321,388,952
Historical Enterprise Value (EV)
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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Marathon Petroleum Corp. Annual Report.
3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 167.16 × 361,358,732
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Marathon Petroleum Corp. EV increased from 2021 to 2022 and from 2022 to 2023. |