Marathon Petroleum (MEX:MPC) E10: MXN215.95 (As of Jun. 2026)

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MEX:MPC Marathon Petroleum Corp MEX:MPC
24 GF Score
Price MXN4,680.00
GF Value MXN3,357.32
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Marathon Petroleum E10?

Marathon Petroleum MEX:MPC 24 E10 is MXN215.95 as of Jun. 2026. GuruFocus rates MEX:MPC with a GF Score™ of 24/100 and a GF Value™ of MXN3,357.32 (Modestly 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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Marathon Petroleum's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN309.371. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN215.95 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Marathon Petroleum's average E10 Growth Rate was 29.10% per year. During the past 3 years, the average E10 Growth Rate was 16.00% per year. During the past 5 years, the average E10 Growth Rate was 30.70% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Marathon Petroleum was 46.80% per year. The lowest was 14.70% per year. And the median was 24.05% per year.

As of today (2026-08-11), Marathon Petroleum's current stock price is MXN4680.00. Marathon Petroleum's E10 for the quarter that ended in Jun. 2026 was MXN215.95. Marathon Petroleum's Shiller PE Ratio of today is 21.67.

During the past 13 years, the highest Shiller PE Ratio of Marathon Petroleum was 26.08. The lowest was 4.37. And the median was 17.40.


Marathon Petroleum  (MEX:MPC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Marathon Petroleum's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4680.00/215.95
=21.67

* 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 Shiller P/E Ratio of Marathon Petroleum was 26.08. The lowest was 4.37. And the median was 17.40.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Marathon Petroleum E10 Related Terms


Marathon Petroleum E10 Historical Data

* Premium members only.

The historical data trend for Marathon Petroleum's E10 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 E10 Chart

Marathon Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.96 119.15 146.60 183.17 222.93

Marathon Petroleum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 183.78 163.05 222.93 198.50 215.95

MEX:MPC vs VLO, PSX, DINO: E10 Comparison

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

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

* The bar in red indicates where Marathon Petroleum's Shiller PE Ratio falls into.


MEX:MPC
24GF Score
Marathon Petroleum Corp MEX:MPC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marathon Petroleum E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=309.371/333.9520*333.9520
=309.371

Current CPI (Jun. 2026) = 333.9520.

Marathon Petroleum Quarterly Data

per share eps CPI Adj_EPS
201609 5.221 241.428 7.222
201612 8.865 241.432 12.262
201703 1.130 243.801 1.548
201706 16.811 244.955 22.919
201709 32.122 246.819 43.462
201712 80.326 246.524 108.813
201803 1.453 249.554 1.944
201806 44.604 251.989 59.112
201809 30.302 252.439 40.087
201812 26.507 251.233 35.234
201903 -0.194 254.202 -0.255
201906 31.887 256.143 41.573
201909 32.772 256.759 42.625
201912 12.825 256.974 16.667
202003 -334.134 258.115 -432.306
202006 0.231 257.797 0.299
202009 -30.044 260.280 -38.548
202012 5.769 260.474 7.396
202103 -7.563 264.877 -9.535
202106 258.778 271.696 318.074
202109 22.413 274.310 27.286
202112 26.053 278.802 31.207
202203 29.667 287.504 34.460
202206 220.292 296.311 248.276
202209 182.242 296.808 205.049
202212 138.227 296.797 155.531
202303 109.772 301.836 121.452
202306 91.206 305.109 99.828
202309 144.228 307.789 156.488
202312 65.181 306.746 70.962
202403 42.818 312.332 45.782
202406 79.326 314.175 84.319
202409 36.821 315.301 38.999
202412 23.984 315.605 25.378
202503 -4.910 319.799 -5.127
202506 74.564 322.561 77.197
202509 82.732 324.800 85.063
202512 92.189 324.054 95.005
202603 31.197 330.213 31.550
202606 309.371 333.952 309.371

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN215.95 mean?
Marathon Petroleum (MEX:MPC) has a E10 of MXN215.95 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marathon Petroleum and its competitors.
Is Marathon Petroleum's E10 too high?
Marathon Petroleum's current E10 is MXN215.95. Overall, Marathon Petroleum has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's E10 compare to VLO and PSX?
Marathon Petroleum's E10 of MXN215.95 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 E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marathon Petroleum and its competitors. Marathon Petroleum's current E10 is MXN215.95. 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 (MEX:MPC) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,357.32, compared to a current price of MXN4,680.00 — trading 39.4% above its estimated fair value. The current E10 is MXN215.95. Marathon Petroleum's overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Marathon Petroleum (MEX:MPC), the current E10 is MXN215.95 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 (MEX:MPC) Overvalued in 2026?

Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued. The current stock price of MXN4,680.00 is trading 39.4% above its estimated GF Value™ of MXN3,357.32. GuruFocus considers Marathon Petroleum to be Modestly Overvalued.

Key valuation signals for MEX:MPC:

  • E10: MXN215.95
  • GF Value™: MXN3,357.32 vs. price of MXN4,680.00 (39.4% above fair value)
  • GF Score™: 24/100 with 5 warning signs

No single metric tells the full story. See the MEX:MPC 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.
24GF Score

Get the complete analysis for MEX:MPC

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,680.00
Price
MXN3,357.32
GF Value