Marathon Petroleum (FRA:MPN) Cyclically Adjusted Revenue per Share: €271.43 (As of Jun. 2026)

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FRA:MPN Marathon Petroleum Corp FRA:MPN
59 GF Score
Price €307.30
GF Value €199.11
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Marathon Petroleum Cyclically Adjusted Revenue per Share?

Marathon Petroleum FRA:MPN +2.60% 59 Cyclically Adjusted Revenue per Share is €271.43 as of Jun. 2026. GuruFocus rates FRA:MPN with a GF Score™ of 59/100 and a GF Value™ of €199.11 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Marathon Petroleum's adjusted revenue per share for the three months ended in Jun. 2026 was €155.623. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €271.43 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Marathon Petroleum's average Cyclically Adjusted Revenue Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Marathon Petroleum was 13.40% per year. The lowest was 9.90% per year. And the median was 12.55% per year.

As of today (2026-08-15), Marathon Petroleum's current stock price is €307.30. Marathon Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €271.43. Marathon Petroleum's Cyclically Adjusted PS Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marathon Petroleum was 1.15. The lowest was 0.13. And the median was 0.55.


Marathon Petroleum  (FRA:MPN) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Marathon Petroleum's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=307.30/271.43
=1.13

* 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 PS Ratio of Marathon Petroleum was 1.15. The lowest was 0.13. And the median was 0.55.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Marathon Petroleum Cyclically Adjusted Revenue per Share Related Terms


Marathon Petroleum Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Marathon Petroleum's Cyclically Adjusted Revenue 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.

Marathon Petroleum Cyclically Adjusted Revenue per Share Chart

Marathon Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.12 184.37 197.34 229.47 236.17

Marathon Petroleum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue 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 224.87 234.65 236.17 254.71 271.43

FRA:MPN vs VLO, PSX, DINO: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Petroleum's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's Cyclically Adjusted PS Ratio falls into.


FRA:MPN
59GF Score
Marathon Petroleum Corp FRA:MPN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marathon Petroleum Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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 Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=155.623/333.9520*333.9520
=155.623

Current CPI (Jun. 2026) = 333.9520.

Marathon Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 27.937 241.428 38.643
201612 30.801 241.432 42.604
201703 28.734 243.801 39.359
201706 31.296 244.955 42.666
201709 31.727 246.819 42.927
201712 36.015 246.524 48.787
201803 31.876 249.554 42.656
201806 41.171 251.989 54.562
201809 43.203 252.439 57.153
201812 27.285 251.233 36.269
201903 37.153 254.202 48.809
201906 44.554 256.143 58.088
201909 37.905 256.759 49.301
201912 38.661 256.974 50.242
202003 31.010 258.115 40.121
202006 16.660 257.797 21.581
202009 22.738 260.280 29.174
202012 22.763 260.474 29.184
202103 29.305 264.877 36.947
202106 37.585 271.696 46.197
202109 43.128 274.310 52.505
202112 51.690 278.802 61.915
202203 60.839 287.504 70.668
202206 94.944 296.311 107.005
202209 93.613 296.808 105.328
202212 80.307 296.797 90.360
202303 72.848 301.836 80.599
202306 80.059 305.109 87.627
202309 96.816 307.789 105.046
202312 88.420 306.746 96.262
202403 83.120 312.332 88.874
202406 100.635 314.175 106.970
202409 95.275 315.301 100.911
202412 98.893 315.605 104.642
202503 93.141 319.799 97.263
202506 95.452 322.561 98.823
202509 97.557 324.800 100.306
202512 92.727 324.054 95.559
202603 100.281 330.213 101.416
202606 155.623 333.952 155.623

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €271.43 mean?
Marathon Petroleum (FRA:MPN) has a Cyclically Adjusted Revenue per Share of €271.43 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Marathon Petroleum and its competitors.
Is Marathon Petroleum's Cyclically Adjusted Revenue per Share too high?
Marathon Petroleum's current Cyclically Adjusted Revenue per Share is €271.43. Overall, Marathon Petroleum has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's Cyclically Adjusted Revenue per Share compare to VLO and PSX?
Marathon Petroleum's Cyclically Adjusted Revenue per Share of €271.43 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Marathon Petroleum and its competitors. Marathon Petroleum's current Cyclically Adjusted Revenue per Share is €271.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marathon Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Marathon Petroleum (FRA:MPN) is currently considered Significantly Overvalued. The stock's GF Value™ is €199.11, compared to a current price of €307.30 — trading 54.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €271.43. Marathon Petroleum's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Marathon Petroleum (FRA:MPN), the current Cyclically Adjusted Revenue per Share is €271.43 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Marathon Petroleum (FRA:MPN) Overvalued in 2026?

Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued. The current stock price of €307.30 is trading 54.3% above its estimated GF Value™ of €199.11. GuruFocus considers Marathon Petroleum to be Significantly Overvalued.

Key valuation signals for FRA:MPN:

  • Cyclically Adjusted Revenue per Share: €271.43
  • GF Value™: €199.11 vs. price of €307.30 (54.3% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the FRA:MPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marathon Petroleum Business Description

Industry EnergyOil & Gas
Address 539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an aggregate crude oil refining capacity of 3.0 million barrels per day. The company is one of the largest producers of renewable diesel in the US; its Dickinson, North Dakota facility has the capacity to produce 184 million gallons per year, and its Martinez, California, joint venture facility (a 50/50 partnership with Neste) reached its full capacity of 730 million gallons per year in late 2024. Marathon also owns the general partner and approximately 64% of MPLX LP, a large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets.
59GF Score

Get the complete analysis for FRA:MPN

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€307.30
Price
€199.11
GF Value