Company Valuation: Marathon Petroleum Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 26,911 39,391 54,547 56,332 44,834 52,795 52,795 -
Change - 46.38% 38.48% 3.27% -20.41% 17.76% 0% -
Enterprise Value (EV) 1 58,080 54,091 69,477 73,391 69,105 81,905 81,983 81,614
Change - -6.87% 28.44% 5.63% -5.84% 18.52% 0.1% -0.45%
P/E ratio -2.71x 4.2x 4.14x 6.28x 13.8x 15.8x 13.2x 12.6x
PBR 1.21x 1.41x 1.91x 2.24x 2.68x 2.89x 2.88x 3.1x
PEG - -0x 0x -0.4x -0.2x 1.5x 0.7x 3.1x
Capitalization / Revenue 0.39x 0.33x 0.3x 0.37x 0.32x 0.4x 0.42x 0.38x
EV / Revenue 0.84x 0.45x 0.39x 0.49x 0.49x 0.62x 0.66x 0.59x
EV / EBITDA 23.4x 6.49x 2.86x 3.87x 6.1x 7.15x 6.74x 6.8x
EV / EBIT -25.5x 12.3x 3.24x 5.06x 10.2x 11.2x 10.1x 10.8x
EV / FCF -158x 18.7x 4.98x 6x 12.4x 19.3x 15.2x 14x
FCF Yield -0.63% 5.35% 20.1% 16.7% 8.09% 5.17% 6.58% 7.13%
Dividend per Share 2 2.32 2.32 2.49 3.08 3.385 3.722 4.025 4.322
Rate of return 5.61% 3.63% 2.14% 2.08% 2.43% 2.12% 2.29% 2.46%
EPS 2 -15.28 15.24 28.12 23.63 10.08 11.13 13.35 13.89
Distribution rate -15.2% 15.2% 8.85% 13% 33.6% 33.4% 30.2% 31.1%
Net sales 1 69,032 1,20,930 1,79,952 1,50,307 1,40,412 1,32,692 1,24,424 1,37,732
EBITDA 1 2,487 8,341 24,335 18,985 11,323 11,460 12,161 12,008
EBIT 1 -2,281 4,381 21,469 14,514 6,796 7,302 8,143 7,539
Net income 1 -9,919 9,738 14,516 9,681 3,445 3,384 3,909 3,787
Net Debt 1 31,169 14,700 14,930 17,059 24,271 29,110 29,188 28,819
Reference price 2 41.36 63.99 116.39 148.36 139.50 175.63 175.63 175.63
Nbr of stocks (in thousands) 6,50,651 6,15,588 4,68,661 3,79,697 3,21,389 3,00,602 3,00,602 -
Announcement Date 02/02/21 02/02/22 31/01/23 30/01/24 04/02/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.78x0.62x7.15x2.12% 5.28TCr
18.98x1.76x8.24x3.08% 55TCr
23.27x2.15x11.93x0.35% 22TCr
13.43x0.35x5.77x5.29% 9.6TCr
12.72x0.65x3.32x5.58% 9.08TCr
26.58x0.51x8.59x2.46% 5.6TCr
22.66x0.56x9.39x3.44% 5.57TCr
17.29x1.44x9.35x2.07% 4.87TCr
7.58x0.68x3.91x4.78% 3.43TCr
8.47x0.5x6.36x4.02% 2.45TCr
Average 16.68x 0.92x 7.40x 3.32% 12.24TCr
Weighted average by Cap. 18.62x 1.41x 8.24x 2.92%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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