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Marathon Petroleum (MEX:MPC) Cyclically Adjusted FCF per Share : MXN208.72 (As of Mar. 2025)


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What is Marathon Petroleum Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Marathon Petroleum's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN-47.518. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN208.72 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Marathon Petroleum's average Cyclically Adjusted FCF Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Marathon Petroleum was 35.60% per year. The lowest was 17.30% per year. And the median was 32.50% per year.

As of today (2025-05-22), Marathon Petroleum's current stock price is MXN3210.00. Marathon Petroleum's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN208.72. Marathon Petroleum's Cyclically Adjusted Price-to-FCF of today is 15.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Marathon Petroleum was 21.70. The lowest was 4.35. And the median was 14.55.


Marathon Petroleum Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Marathon Petroleum's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marathon Petroleum Cyclically Adjusted FCF per Share Chart

Marathon Petroleum Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.82 95.13 127.88 164.63 224.66

Marathon Petroleum Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 166.16 197.24 230.59 224.66 208.72

Competitive Comparison of Marathon Petroleum's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marathon Petroleum's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Petroleum's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's Cyclically Adjusted Price-to-FCF falls into.


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Marathon Petroleum Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Marathon Petroleum's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-47.518/134.9266*134.9266
=-47.518

Current CPI (Mar. 2025) = 134.9266.

Marathon Petroleum Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 17.853 100.684 23.925
201509 17.463 100.392 23.470
201512 3.176 99.792 4.294
201603 -13.454 100.470 -18.068
201606 55.063 101.688 73.061
201609 -11.346 101.861 -15.029
201612 10.543 101.863 13.965
201703 17.692 102.862 23.207
201706 6.923 103.349 9.038
201709 44.405 104.136 57.535
201712 77.167 104.011 100.104
201803 -33.761 105.290 -43.264
201806 70.933 106.317 90.021
201809 13.660 106.507 17.305
201812 51.813 105.998 65.954
201903 11.010 107.251 13.851
201906 41.648 108.070 51.998
201909 52.197 108.329 65.012
201912 30.662 108.420 38.158
202003 -62.202 108.902 -77.067
202006 -7.351 108.767 -9.119
202009 23.348 109.815 28.687
202012 26.696 109.897 32.776
202103 4.710 111.754 5.687
202106 32.811 114.631 38.620
202109 -49.226 115.734 -57.389
202112 108.266 117.630 124.186
202203 70.740 121.301 78.686
202206 242.242 125.017 261.444
202209 73.823 125.227 79.541
202212 152.302 125.222 164.106
202303 145.168 127.348 153.807
202306 143.330 128.729 150.231
202309 199.394 129.860 207.174
202312 26.680 129.419 27.815
202403 43.416 131.776 44.454
202406 144.205 132.554 146.786
202409 61.265 133.029 62.139
202412 91.048 133.157 92.258
202503 -47.518 134.927 -47.518

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Marathon Petroleum  (MEX:MPC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Marathon Petroleum's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3210.00/208.72
=15.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Marathon Petroleum was 21.70. The lowest was 4.35. And the median was 14.55.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Marathon Petroleum Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Marathon Petroleum's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Petroleum Business Description

Industry
Traded in Other Exchanges
Address
539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility has the ability to produce 730 million gallons a year of renewable diesel. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.