Marathon Petroleum (MIL:1MPC) EBIT: €7,841 Mil (TTM As of Mar. 2026)


MIL:1MPC Marathon Petroleum Corp MIL:1MPC
50 GF Score
Price €214.10
GF Value €179.29
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Marathon Petroleum EBIT?

Marathon Petroleum MIL:1MPC 50 EBIT is €7,841 Mil as of Mar. 2026. GuruFocus rates MIL:1MPC with a GF Score™ of 50/100 and a GF Value™ of €179.29 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Marathon Petroleum's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €1,228 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €7,841 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marathon Petroleum's annualized ROC % for the quarter that ended in Mar. 2026 was 5.30%. Marathon Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Marathon Petroleum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.06%.


Marathon Petroleum  (MIL:1MPC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Marathon Petroleum's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3584.56 * ( 1 - 17.7% )/( (54885.726 + 56449.035)/ 2 )
=2950.09288/55667.3805
=5.30 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=71697.57 - 13675.956 - ( 3135.888 - max(0, 16805.012 - 21162.12+3135.888))
=54885.726

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=76281.755 - 17972.105 - ( 1860.615 - max(0, 21115.515 - 24823.77+1860.615))
=56449.035

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Marathon Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4913.2/( ( (33212.06 + max(3663.66, 0)) + (33824.96 + max(4113.94, 0)) )/ 2 )
=4913.2/( ( 36875.72 + 37938.9 )/ 2 )
=4913.2/37407.31
=13.13 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8810.718 + 8650.166 + 565.348) - (13675.956 + 0 + 686.616)
=3663.66

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12654.085 + 9310.86 + 998.21) - (17972.105 + 0 + 877.11)
=4113.94

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Marathon Petroleum's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=7841.149/97286.637
=8.06 %

* 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 EBIT Related Terms


Marathon Petroleum EBIT Historical Data

* Premium members only.

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

Marathon Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,614.34 20,453.65 13,987.92 6,938.08 7,196.66

Marathon Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 663.23 1,925.61 2,337.89 2,349.35 1,228.30

MIL:1MPC vs VLO, PSX, DINO: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Petroleum's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's EV-to-EBIT falls into.


MIL:1MPC
50GF Score
Marathon Petroleum Corp MIL:1MPC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Marathon Petroleum EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €7,841 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €7,841 Mil mean?
Marathon Petroleum (MIL:1MPC) has a EBIT of €7,841 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Marathon Petroleum.
Is Marathon Petroleum's EBIT too high?
Marathon Petroleum's current EBIT is €7,841 Mil. Overall, Marathon Petroleum has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's EBIT compare to VLO and PSX?
Marathon Petroleum's EBIT of €7,841 Mil 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 EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Marathon Petroleum. Marathon Petroleum's current EBIT is €7,841 Mil. 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 (MIL:1MPC) is currently considered Modestly Overvalued. The stock's GF Value™ is €179.29, compared to a current price of €214.10 — trading 19.4% above its estimated fair value. The current EBIT is €7,841 Mil. Marathon Petroleum's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Marathon Petroleum (MIL:1MPC), the current EBIT is €7,841 Mil as of Mar. 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 (MIL:1MPC) Overvalued in 2026?

Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued. The current stock price of €214.10 is trading 19.4% above its estimated GF Value™ of €179.29. GuruFocus considers Marathon Petroleum to be Modestly Overvalued.

Key valuation signals for MIL:1MPC:

  • EBIT: €7,841 Mil
  • GF Value™: €179.29 vs. price of €214.10 (19.4% above fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the MIL:1MPC 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.
50GF Score

Get the complete analysis for MIL:1MPC

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

€214.10
Price
€179.29
GF Value