📊 MPC Key Takeaways
Is Marathon Petroleum Corp (MPC) a Good Investment?
Marathon Petroleum demonstrates solid operational efficiency with a 6.2% operating margin and strong cash generation (4.8B free cash flow), but faces headwinds from declining revenue (-4.4% YoY) and elevated leverage (1.76x debt-to-equity). The company maintains adequate interest coverage (5.6x) and healthy returns on equity (23.4%), suggesting operational resilience despite cyclical energy sector pressures.
Marathon Petroleum shows resilient core fundamentals, with solid operating cash flow, positive free cash flow, and stable net income despite a 4.4% revenue decline. Profitability remains acceptable for a refiner, but thin margins, elevated leverage, and only moderate interest coverage limit upside in a cyclical industry. The business looks fundamentally sound, though growth quality appears mixed because EPS outpaced net income materially.
Why Buy Marathon Petroleum Corp Stock? MPC Key Strengths
- Strong free cash flow generation of 4.8B with 3.6% FCF margin demonstrates cash-generative business model
- Exceptional ROE of 23.4% and solid ROA of 4.8% indicate efficient capital deployment
- Interest coverage ratio of 5.6x provides adequate debt service capacity and financial stability
- Operating margin of 6.2% reflects strong operational execution in refining operations
- Strong cash generation with $8.25B operating cash flow and $4.77B free cash flow
- Stable earnings profile with net income up slightly year over year despite lower revenue
- Healthy returns on capital metrics, including 23.4% ROE, supported by meaningful operating income
MPC Stock Risks: Marathon Petroleum Corp Investment Risks
- Revenue decline of 4.4% YoY signals weakness in demand or refining spreads
- High leverage with 1.76x debt-to-equity ratio and 30.5B long-term debt limits financial flexibility
- Quick ratio of 0.74x indicates potential short-term liquidity pressure despite adequate current ratio
- Cyclical industry exposure creates earnings volatility dependent on crude oil and product prices
- High leverage with $30.50B long-term debt and 1.76x debt-to-equity
- Low-margin business profile with 6.2% operating margin and 3.0% net margin
- Growth quality is modest because revenue declined and EPS growth significantly exceeded net income growth
Key Metrics to Watch
- Revenue trend and refining margin sustainability
- Debt reduction trajectory and debt-to-equity ratio improvement
- Free cash flow conversion and capital allocation priorities
- Operating margin and free cash flow conversion
- Debt reduction progress and interest coverage
Marathon Petroleum Corp (MPC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 3.6% FCF margin may limit capital allocation flexibility.
MPC Profit Margin, ROE & Profitability Analysis
MPC vs Energy Sector: How Marathon Petroleum Corp Compares
How Marathon Petroleum Corp compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Marathon Petroleum Corp Stock Overvalued? MPC Valuation Analysis 2026
Based on fundamental analysis, Marathon Petroleum Corp has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Marathon Petroleum Corp Balance Sheet: MPC Debt, Cash & Liquidity
MPC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Marathon Petroleum Corp's revenue has grown significantly by 24% over the 5-year period, indicating strong business expansion. The most recent EPS of $23.63 reflects profitable operations.
MPC Revenue Growth, EPS Growth & YoY Performance
MPC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $34.8B | $622.0M | $1.87 |
| Q2 2025 | $33.8B | $1.1B | $3.68 |
| Q1 2025 | $31.5B | -$74.0M | $-0.24 |
| Q3 2024 | $35.1B | $622.0M | $1.87 |
| Q2 2024 | $36.3B | $1.5B | $4.33 |
| Q1 2024 | $32.7B | $937.0M | $2.58 |
| Q3 2023 | $40.9B | $3.3B | $8.28 |
| Q2 2023 | $36.3B | $2.2B | $5.32 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Marathon Petroleum Corp Dividends, Buybacks & Capital Allocation
MPC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Marathon Petroleum Corp (CIK: 0001510295)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MPC
What is the AI rating for MPC?
Marathon Petroleum Corp (MPC) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MPC's key strengths?
Claude: Strong free cash flow generation of 4.8B with 3.6% FCF margin demonstrates cash-generative business model. Exceptional ROE of 23.4% and solid ROA of 4.8% indicate efficient capital deployment. ChatGPT: Strong cash generation with $8.25B operating cash flow and $4.77B free cash flow. Stable earnings profile with net income up slightly year over year despite lower revenue.
What are the risks of investing in MPC?
Claude: Revenue decline of 4.4% YoY signals weakness in demand or refining spreads. High leverage with 1.76x debt-to-equity ratio and 30.5B long-term debt limits financial flexibility. ChatGPT: High leverage with $30.50B long-term debt and 1.76x debt-to-equity. Low-margin business profile with 6.2% operating margin and 3.0% net margin.
What is MPC's revenue and growth?
Marathon Petroleum Corp reported revenue of $132.7B.
Does MPC pay dividends?
Marathon Petroleum Corp pays dividends, with $1,140.0M distributed to shareholders in the trailing twelve months.
Where can I find MPC SEC filings?
Official SEC filings for Marathon Petroleum Corp (CIK: 0001510295) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MPC's EPS?
Marathon Petroleum Corp has a diluted EPS of $13.22.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MPC a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Marathon Petroleum Corp has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MPC stock overvalued or undervalued?
Valuation metrics for MPC: ROE of 23.4% (sector avg: 14%), net margin of 3.0% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy MPC stock in 2026?
Our dual AI analysis gives Marathon Petroleum Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MPC's free cash flow?
Marathon Petroleum Corp's operating cash flow is $8.3B, with capital expenditures of $3.5B. FCF margin is 3.6%.
How does MPC compare to other Energy stocks?
Vs Energy sector averages: Net margin 3.0% (avg: 12%), ROE 23.4% (avg: 14%), current ratio 1.26 (avg: 1.3).
Is Marathon Petroleum Corp carrying too much debt?
MPC has a debt-to-equity ratio of 1.76x, which is above the Energy sector average of 0.6x. However, the current ratio of 1.26 suggests adequate short-term liquidity.