Stock Valuation / MPC
Is Marathon Petroleum Corporation (MPC) Overvalued? Fair Value & 5-Year Target
Marathon Petroleum Corporation trades at $476.98 (P/E 16.47). Our reference model estimates a fair value of $286.40 at its recent average P/E of 9.89.
| Current price | $476.98 |
|---|---|
| Current EPS | $28.96 |
| Current P/E | 16.47 |
| Average P/E | 9.89 |
| Fair value (at avg P/E) | $286.40 |
| Upside to fair value | -40.0% |
| Illustrative 5-yr target (25× P/E, 15% growth) | $1,456.22 |
What drives MPC's valuation
Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.
About Marathon Petroleum Corporation
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphal
Frequently asked questions
What is MPC's fair value?
At its recent average P/E of 9.89, Marathon Petroleum Corporation (MPC) has a reference fair value of about $286.40, which is -40.0% versus the current price of $476.98.
Is Marathon Petroleum Corporation (MPC) overvalued or undervalued?
Based on the average-P/E reference model, Marathon Petroleum Corporation looks overvalued relative to fair value by roughly +40.0%. This is a model output, not investment advice — change the P/E and growth assumptions in the dashboard for your own view.
What is a 5-year price target for MPC?
Under an illustrative model of 25× P/E and 15% annual EPS growth, the implied 5-year target is $1,456.22. Adjust both inputs on the interactive page to match your assumptions.
Open the interactive MPC valuation dashboard →
Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.