As of 2025-07-03, the Intrinsic Value of Marathon Petroleum Corp (MPC) is 183.65 USD. This MPC valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 174.46 USD, the upside of Marathon Petroleum Corp is 5.3%.

The range of the Intrinsic Value is 118.96 - 315.5 USD.

Is MPC undervalued or overvalued?

Based on its market price of 174.46 USD and our intrinsic valuation, Marathon Petroleum Corp (MPC) is undervalued by 5.3%.

174.46 USD

Stock Price

183.65 USD

Intrinsic Value

Intrinsic Value Details

MPC Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	118.96 - 315.5	183.65	5.3%
DCF (Growth Exit 10Y)	130.7 - 307.69	189.58	8.7%
DCF (EBITDA Exit 5Y)	154.29 - 215.79	169.62	-2.8%
DCF (EBITDA Exit 10Y)	156.24 - 227.94	178.86	2.5%
Peter Lynch Fair Value	39.61 - 39.61	39.61	-77.29%
P/E Multiples	68.45 - 183.43	128.50	-26.3%
EV/EBITDA Multiples	126.66 - 214.73	159.82	-8.4%
Earnings Power Value	433.81 - 597.47	515.64	195.6%
Dividend Discount Model - Stable	51.66 - 123.66	87.66	-49.8%
Dividend Discount Model - Multi Stages	117.53 - 209.69	149.81	-14.1%

MPC Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Phillips 66	199.05 - 877.59	336.40	166.0%
Valero Energy Corp	116.09 - 294.31	166.94	17.5%
Sunoco LP	53.8 - 100.21	72.56	33.3%
HollyFrontier Corp	33.41 - 77.4	48.12	32.2%
Renewable Energy Group Inc	109.39 - 420.63	171.95	179.6%
CVR Energy Inc	47.94 - 92.72	60.35	104.2%
Par Pacific Holdings Inc	44.3 - 171.71	75.33	152.5%
REX American Resources Corp	72.89 - 135.09	93.24	81.4%
Green Plains Inc	15.86 - 24.65	18.68	186.1%
Cardinal Ethanol LLC	26,512.69 - 52,833.54	35,222.99	120.0%

MPC Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	53,596
Beta	1.15
Outstanding shares (mil)	307
Enterprise Value (mil)	84,506

Market risk premium	5.1%
Cost of Equity	10.25%
Cost of Debt	4.7%
WACC	8.0%