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Marathon PetroleumMIL:1MPC 47 EV-to-EBITDA is 10.66 as of Jul. 27, 2026, which is 27% above its 10-year median of 8.39. GuruFocus rates MIL:1MPC with a GF Score™ of 47/100 and a GF Value™ of €188.81 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 761 Oil & Gas companies, Marathon Petroleum ranks worse than 64.78% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Marathon Petroleum's enterprise value is €113,506 Mil.
Marathon Petroleum's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €10,649 Mil. Therefore, Marathon Petroleum's EV-to-EBITDA for today is 10.66.
The historical rank and industry rank for Marathon Petroleum's EV-to-EBITDA or its related term are showing as below:
MIL:1MPC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -14.29 Med: 8.39 Max: 24.01
Current: 10.41
During the past 13 years, the highest EV-to-EBITDA of Marathon Petroleum was 24.01. The lowest was -14.29. And the median was 8.39.
MIL:1MPC's EV-to-EBITDA is ranked worse than 64.78% of 761
companies
in the Oil & Gas industry
Industry Median: 7.68
vs MIL:1MPC: 10.41
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Marathon Petroleum's PE Ratio (TTM) for today is calculated as:
Marathon Petroleum's share price for today is €279.70.
Marathon Petroleum's Earnings per Share (Diluted) 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 €13.144.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Marathon Petroleum's EV-to-EBITDA 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.
MIL:1MPC vs VLO, PSX, DINO: EV-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marathon Petroleum's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Marathon Petroleum's EV-to-EBITDA falls into.
Marathon Petroleum's current Enterprise Value is €113,506 Mil.
Marathon Petroleum's EBITDA 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 €10,649 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.
Marathon Petroleum (MIL:1MPC) has a EV-to-EBITDA of 10.66 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Marathon Petroleum. This is 27% above median its historical median of 8.39. According to the industry distribution chart, Marathon Petroleum ranks #493 out of 761 companies in the Oil & Gas industry, placing it in the top 64.8%.
Is Marathon Petroleum's EV-to-EBITDA too high?
Marathon Petroleum's current EV-to-EBITDA of 10.66 is 27% above median its 10-year median of 8.39. The Oil & Gas industry median EV-to-EBITDA is 7.68. Marathon Petroleum's value of 10.66 is 38.8% above this industry median. Based on the distribution chart, Marathon Petroleum ranks #493 out of 761 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Marathon Petroleum has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's EV-to-EBITDA compare to VLO and PSX?
According to the Oil & Gas industry distribution chart, Marathon Petroleum ranks #493 out of 761 companies for EV-to-EBITDA. This places Marathon Petroleum in the lower half of its industry. The industry median EV-to-EBITDA is 7.68. Marathon Petroleum's value of 10.66 is 38.8% above this benchmark. While the company's 10-year median is 8.39 vs. the industry median of 7.68, Marathon Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.68, based on 761 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marathon Petroleum's current EV-to-EBITDA of 10.66 is 38.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Marathon Petroleum. For the Oil & Gas industry, the median EV-to-EBITDA is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marathon Petroleum's current EV-to-EBITDA is 10.66, which is 27% above median its own 10-year median of 8.39. 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 Significantly Overvalued. The stock's GF Value™ is €188.81, compared to a current price of €279.70 — trading 48.1% above its estimated fair value. The current EV-to-EBITDA is 10.66, which is 27% above median its 10-year median of 8.39 and 38.8% above the Oil & Gas industry median of 7.68. Marathon Petroleum's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Marathon Petroleum (MIL:1MPC), the current EV-to-EBITDA is 10.66 as of Jul. 27, 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 €279.70 is trading 48.1% above its estimated GF Value™ of €188.81.
GuruFocus considers Marathon Petroleum to be Significantly Overvalued.
Key valuation signals for MIL:1MPC:
EV-to-EBITDA: 10.66 (27% above median its 10-year median of 8.39)
GF Value™: €188.81 vs. price of €279.70 (48.1% above fair value)
Industry Position: 38.8% above the Oil & Gas median (#493 of 761)
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 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.
47GF Score
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