Marathon Petroleum (MPC) Ratios
Marathon Petroleum Ratios
MX:MPC's free cash flow for Q2 2026 was $9.14B. For the 2026 fiscal year, MX:MPC's free cash flow was decreased by $-1.19B and operating cash flow was $10.33B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.26 | 1.17 | 1.59 | 1.76 | 1.70 |
| Quick Ratio | 0.74 | 0.71 | 1.13 | 1.32 | 1.25 |
| Cash Ratio | 0.19 | 0.15 | 0.27 | 0.43 | 0.30 |
| Solvency Ratio | 0.12 | 0.12 | 0.24 | 0.32 | 0.25 |
| Operating Cash Flow Ratio | 0.42 | 0.42 | 0.70 | 0.82 | 0.24 |
| Short-Term Operating Cash Flow Coverage | 3.48 | 2.84 | 7.22 | 15.35 | 7.64 |
| Net Current Asset Value | $ -36.69B | $ -29.91B | $ -22.46B | $ -19.57B | $ -21.30B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.40 | 0.36 | 0.33 | 0.31 | 0.32 |
| Debt-to-Equity Ratio | 1.98 | 1.62 | 1.17 | 1.01 | 1.03 |
| Debt-to-Capital Ratio | 0.66 | 0.62 | 0.54 | 0.50 | 0.51 |
| Long-Term Debt-to-Capital Ratio | 0.63 | 0.58 | 0.51 | 0.48 | 0.49 |
| Financial Leverage Ratio | 4.94 | 4.44 | 3.52 | 3.24 | 3.26 |
| Debt Service Coverage Ratio | 2.79 | 2.21 | 4.87 | 8.94 | 3.84 |
| Interest Coverage Ratio | 4.08 | 3.90 | 9.86 | 17.66 | 3.31 |
| Debt to Market Cap | 0.65 | 0.58 | 0.45 | 0.45 | 0.63 |
| Interest Debt Per Share | 117.28 | 88.28 | 73.16 | 56.88 | 44.49 |
| Net Debt to EBITDA | 2.63 | 2.41 | 1.24 | 0.78 | 2.90 |
| Profitability Margins | |||||
| Gross Profit Margin | 7.54% | 6.69% | 11.12% | 12.72% | 5.51% |
| EBIT Margin | 6.35% | 5.23% | 10.28% | 12.21% | 3.40% |
| EBITDA Margin | 8.80% | 7.63% | 12.51% | 14.02% | 6.21% |
| Operating Profit Margin | 4.35% | 3.78% | 8.48% | 12.10% | 3.58% |
| Pretax Profit Margin | 5.29% | 4.29% | 9.43% | 11.53% | 2.35% |
| Net Profit Margin | 3.05% | 2.48% | 6.52% | 8.18% | 8.12% |
| Continuous Operations Profit Margin | 4.43% | 3.65% | 7.53% | 9.00% | 2.13% |
| Net Income Per EBT | 57.69% | 57.83% | 69.20% | 70.92% | 345.69% |
| EBT Per EBIT | 121.62% | 113.51% | 111.15% | 95.34% | 65.51% |
| Return on Assets (ROA) | 4.73% | 4.37% | 11.26% | 16.15% | 11.41% |
| Return on Equity (ROE) | 23.37% | 19.41% | 39.67% | 52.38% | 37.16% |
| Return on Capital Employed (ROCE) | 8.76% | 9.04% | 19.12% | 30.72% | 6.37% |
| Return on Invested Capital (ROIC) | 7.03% | 7.26% | 14.73% | 23.50% | 5.69% |
| Return on Tangible Assets | 5.51% | 4.88% | 12.45% | 17.78% | 12.63% |
| Earnings Yield | 8.16% | 7.24% | 16.03% | 24.36% | 24.00% |
| Efficiency Ratios | |||||
| Receivables Turnover | 12.86 | 12.46 | 12.18 | 13.17 | 10.87 |
| Payables Turnover | 9.46 | 9.32 | 9.58 | 10.12 | 8.28 |
| Inventory Turnover | 12.11 | 13.54 | 14.15 | 17.55 | 14.07 |
| Fixed Asset Turnover | 3.41 | 3.82 | 4.08 | 4.81 | 3.09 |
| Asset Turnover | 1.55 | 1.76 | 1.73 | 1.97 | 1.41 |
| Working Capital Turnover Ratio | 30.43 | 17.80 | 10.91 | 12.76 | 9.51 |
| Cash Conversion Cycle | 19.91 | 17.07 | 17.68 | 12.44 | 15.39 |
| Days of Sales Outstanding | 28.38 | 29.29 | 29.98 | 27.72 | 33.57 |
| Days of Inventory Outstanding | 30.13 | 26.95 | 25.79 | 20.80 | 25.93 |
| Days of Payables Outstanding | 38.60 | 39.17 | 38.09 | 36.08 | 44.11 |
| Operating Cycle | 58.51 | 56.25 | 55.77 | 48.52 | 59.50 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 27.06 | 25.41 | 34.69 | 31.96 | 6.88 |
| Free Cash Flow Per Share | 15.63 | 17.98 | 30.04 | 27.23 | 4.57 |
| Dividend Paid and CapEx Coverage Ratio | 1.78 | 2.35 | 4.48 | 4.42 | 1.48 |
| Capital Expenditure Coverage Ratio | 2.37 | 3.42 | 7.47 | 6.76 | 2.98 |
| Operating Cash Flow Coverage Ratio | 0.24 | 0.30 | 0.50 | 0.59 | 0.16 |
| Operating Cash Flow to Sales Ratio | 0.06 | 0.06 | 0.10 | 0.09 | 0.04 |
| Free Cash Flow Yield | 9.61% | 12.89% | 20.25% | 23.39% | 7.14% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 12.26 | 13.78 | 6.24 | 4.11 | 4.17 |
| Price-to-Sales (P/S) Ratio | 0.37 | 0.34 | 0.41 | 0.34 | 0.34 |
| Price-to-Book (P/B) Ratio | 2.86 | 2.68 | 2.47 | 2.15 | 1.55 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 10.41 | 7.76 | 4.94 | 4.27 | 14.01 |
| Price-to-Operating Cash Flow Ratio | 6.01 | 5.49 | 4.28 | 3.64 | 9.30 |
| Price-to-Earnings Growth (PEG) Ratio | 0.39 | -0.24 | -0.39 | 0.00 | -0.04 |
| Enterprise Value Multiple | 6.88 | 6.90 | 4.50 | 3.17 | 8.35 |
| Enterprise Value | 80.29B | 73.12B | 83.44B | 78.88B | 62.18B |
| EV to EBITDA | 6.88 | 6.90 | 4.50 | 3.17 | 8.35 |
| EV to Sales | 0.61 | 0.53 | 0.56 | 0.44 | 0.52 |
| EV to Free Cash Flow | 16.84 | 11.92 | 6.82 | 5.66 | 21.47 |
| EV to Operating Cash Flow | 9.73 | 8.44 | 5.91 | 4.82 | 14.26 |
| Tangible Book Value Per Share | 39.40 | 47.69 | 56.89 | 52.43 | 39.94 |
| Shareholders’ Equity Per Share | 56.77 | 52.04 | 59.96 | 54.13 | 41.33 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.16 | 0.15 | 0.20 | 0.22 | 0.09 |
| Revenue Per Share | 435.08 | 407.23 | 364.57 | 346.59 | 189.25 |
| Net Income Per Share | 13.27 | 10.10 | 23.79 | 28.35 | 15.36 |
| Tax Burden | 0.58 | 0.58 | 0.69 | 0.71 | 3.46 |
| Interest Burden | 0.83 | 0.82 | 0.92 | 0.94 | 0.69 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.04 | 1.71 | 1.26 | 1.02 | 0.40 |
Currency in USD