Marathon Petroleum (MEX:MPC) Dividend Payout Ratio: 0.58 (As of Mar. 2026) — 61% Above Median

What is Marathon Petroleum Dividend Payout Ratio?

Marathon Petroleum MEX:MPC 64 Dividend Payout Ratio is 0.58 as of Mar. 2026, which is 61% above its 10-year median of 0.36. GuruFocus rates MEX:MPC with a GF Score™ of 64/100 and a GF Value™ of MXN3,656.12 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 433 Oil & Gas companies, Marathon Petroleum ranks better than 76.21% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Marathon Petroleum's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.58.

The historical rank and industry rank for Marathon Petroleum's Dividend Payout Ratio or its related term are showing as below:

MEX:MPC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.36 Max: 0.95
Current: 0.3

During the past 13 years, the highest Dividend Payout Ratio of Marathon Petroleum was 0.95. The lowest was 0.10. And the median was 0.36.

MEX:MPC's Dividend Payout Ratio is ranked better than
76.21% of 433 companies
in the Oil & Gas industry
Industry Median: 0.5 vs MEX:MPC: 0.30

As of today (2026-06-27), the Dividend Yield % of Marathon Petroleum is 1.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Marathon Petroleum was 11.19%. The lowest was 1.44%. And the median was 2.57%.

Marathon Petroleum's Dividends per Share for the months ended in Mar. 2026 was MXN18.03.

During the past 12 months, Marathon Petroleum's average Dividends Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marathon Petroleum was 59.90% per year. The lowest was 5.50% per year. And the median was 15.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Marathon Petroleum (MEX:MPC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Marathon Petroleum Dividend Payout Ratio Related Terms

Marathon Petroleum Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Marathon Petroleum's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Marathon Petroleum Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.95

0.10

0.13

0.36

0.35

Marathon Petroleum Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.23	0.30	0.25	0.58

MEX:MPC vs VLO, PSX, DINO: Dividend Payout Ratio Comparison

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

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

* The bar in red indicates where Marathon Petroleum's Dividend Payout Ratio falls into.

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64GF Score

Marathon Petroleum Corp MEX:MPC

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Marathon Petroleum Dividend Payout Ratio Calculation

Marathon Petroleum's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	67.161	/	192.661
	=	0.35

Marathon Petroleum's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	18.033	/	31.197
	=	0.58

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.58 mean?

Marathon Petroleum (MEX:MPC) has a Dividend Payout Ratio of 0.58 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Marathon Petroleum and its competitors. This is 61% above median its historical median of 0.36. Over the past decade, Marathon Petroleum's Dividend Payout Ratio has ranged from 0.10 to 0.95. According to the industry distribution chart, Marathon Petroleum ranks #103 out of 433 companies in the Oil & Gas industry, placing it in the top 23.8%.

Is Marathon Petroleum's Dividend Payout Ratio too high?

Marathon Petroleum's current Dividend Payout Ratio of 0.58 is 61% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.95. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Marathon Petroleum's value of 0.58 is 16% above this industry median. Based on the distribution chart, Marathon Petroleum ranks #103 out of 433 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Marathon Petroleum has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Marathon Petroleum's Dividend Payout Ratio compare to VLO and PSX?

According to the Oil & Gas industry distribution chart, Marathon Petroleum ranks #103 out of 433 companies for Dividend Payout Ratio. This places Marathon Petroleum in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.50. Marathon Petroleum's value of 0.58 is 16% above this benchmark. Historically, Marathon Petroleum's own Dividend Payout Ratio has ranged from 0.10 to 0.95 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.50, 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 Dividend Payout Ratio for an Oil & Gas company?

The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marathon Petroleum's current Dividend Payout Ratio of 0.58 is 16% 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 Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Marathon Petroleum and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marathon Petroleum's current Dividend Payout Ratio is 0.58, which is 61% above median its own 10-year median of 0.36. 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 MXN3,656.12, compared to a current price of MXN4,496.00 — trading 23% above its estimated fair value. The current Dividend Payout Ratio is 0.58, which is 61% above median its 10-year median of 0.36 and 16% above the Oil & Gas industry median of 0.50. Marathon Petroleum's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Marathon Petroleum (MEX:MPC), the current Dividend Payout Ratio is 0.58 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 (MEX:MPC) Overvalued in 2026?

Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued. The current stock price of MXN4,496.00 is trading 23% above its estimated GF Value™ of MXN3,656.12. GuruFocus considers Marathon Petroleum to be Modestly Overvalued.

Key valuation signals for MEX:MPC:

Dividend Payout Ratio: 0.58 (61% above median its 10-year median of 0.36)
GF Value™: MXN3,656.12 vs. price of MXN4,496.00 (23% above fair value)
GF Score™: 64/100 with 6 warning signs
Industry Position: 16% above the Oil & Gas median (#103 of 433)

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 Energy Oil & Gas

Comparable Companies VLO PSX DINO SUN IEP PBF CVI PARR DK DKL NSE:RELIANCE XKAZ:KMGZ OHEL:NESTE TSE:5020 NSE:IOC TPE:6505 XKRX:096770 BOM:500547 XKRX:267250 TSE:5019

Other Exchanges MPC:USA 1MPC:Italy 0JYA:UK MPN:Germany M1PC34:Brazil

Address 539 South Main Street, Findlay, OH, USA, 45840-3229

Website https://www.marathonpetroleum.com

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.

64GF Score

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

MXN4,496.00

Price

MXN3,656.12

GF Value

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