Marathon Petroleum Corporation
S&P 500Last update: May 9, 2026 at 09:32
Dividend Safety Rating
MPC's dividend appears safe and well-supported. Strengths include a 25.1% earnings payout ratio & 23.9% fcf payout ratio. Areas of concern: 3.6% operating margin & 8.9% gross margin. The dividend has been growing at a 9.96% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 25.1%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 23.9%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 13.0%Operating cash flow strongly supports the payout.
Risks
- Gross Margin: 8.9%Gross margin is low and limits flexibility.
- Operating Margin: 3.6%Operating margin is thin and pressures the dividend.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
Very SafeBalance Sheet
CautionProfitability
CautionDividend Track Record
SafeAbout Marathon Petroleum Corporation
Marathon Petroleum Corporation is a leading integrated downstream energy company that refines, markets, and transports petroleum products across the United States. It operates the nation's largest refining system, featuring 16 high-capacity refineries primarily in the midcontinent, Gulf Coast, and West Coast regions, processing diverse crude oil types into gasoline, diesel fuel, jet fuel, petrochemical feedstocks, and renewable diesel. The company maintains an extensive logistics network, including pipelines, marine terminals, railcars, and tanker trucks, to ensure efficient supply chains from procurement to distribution for wholesale and retail customers. Marathon Petroleum markets fuels under brands like Marathon, Marathon Platinum, and Sunoco through a vast network of company-operated and dealer stations, complemented by its Speedway convenience store chain offering fuel, food, and merchandise. Through its majority interest in MPLX LP, a midstream partnership, it accesses gathering pipelines, processing facilities, storage terminals, and fractionation assets, enhancing operational synergies and fee-based revenues. Headquartered in Findlay, Ohio, Marathon Petroleum plays a pivotal role in the U.S. energy sector by powering transportation, aviation, and industrial needs with reliable, standards-compliant products.
Dividend Overview
Dividend Yield
1.56%
Annual Dividend
$3.82
Frequency
Quarterly
Payout Ratio
25.15%
FCF Payout Ratio
23.91%
Stock Price
$244.87
52-Week Range
$145.28 – $261.61
Dividend History (2016–2025)
MPC annual dividend per share and yield history
Earnings & Profitability
MPC earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
May 20, 2026
Next Payment Date
June 10, 2026
Dividend Growth
3-Year Dividend CAGR
14.42%
5-Year Dividend CAGR
9.96%
10-Year Dividend CAGR
12.58%
3-Year Total Growth
49.80%
5-Year Total Growth
60.78%
10-Year Total Growth
227.19%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.