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MPC

Marathon Petroleum Corporation

S&P 500
MPC|Energy|Oil & Gas Refining & Marketing|$243.91|P/E 17.1|MCap 68.8B|NYSE

Last update: Mar 25, 2026 at 04:53

About 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

1.67%

Annual Dividend

$3.82

Frequency

Quarterly

Payout Ratio

28.21%

FCF Payout Ratio

23.91%

Stock Price

$243.91

52-Week Range

$115.10 $247.14

Dividend Health Score

70/ 100Safe

MPC's dividend appears safe and well-supported. Strengths include a 28.2% earnings payout ratio & 23.9% fcf payout ratio. Areas of concern: 6.3% operating margin & 8.9% gross margin. The dividend has been growing at a 9.96% 5-year CAGR.

Based on 15 of 15 metrics

Payout & Coverage

Very Safe
Earnings Payout Ratio
28.2%Very Safe
FCF Payout Ratio
23.9%Very Safe
CFO Payout Ratio
13.0%Very Safe
Interest Coverage
6.0xSafe

Balance Sheet

Caution
Net Debt / Total Assets
36.5%Caution
Current Ratio
1.3xCaution
Debt-to-Equity
142.6Caution

Profitability

Caution
Return on Equity
24.2%Very Safe
Operating Margin
6.3%Warning
Gross Margin
8.9%Danger
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
10.0%Safe
Earnings Stability
Mostly StableCaution

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

February 18, 2026

Next Payment Date

March 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%

Income Calculator

MPC Dividend Calculator

Total Investment

$24,391.00

Annual Income

$382.00

Quarterly Income

$95.50

Monthly Income

$31.83

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Frequently Asked Questions

What is MPC's current dividend yield?
Marathon Petroleum Corporation (MPC) currently has a dividend yield of 1.67%, based on a stock price of $243.91 and an annual dividend of $3.82.
When is MPC's next dividend payment date?
MPC's next ex-dividend date is 2026-02-18 and the next payment date is 2026-03-10. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MPC pay in dividends per year?
Marathon Petroleum Corporation paid $3.73 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MPC been increasing its dividend?
Marathon Petroleum Corporation has grown its dividend at a 5-year CAGR of 9.96% and a 10-year CAGR of 12.58%.
Is MPC's dividend safe?
Marathon Petroleum Corporation has a payout ratio of 28.21%. Its free cash flow payout ratio is 23.91%. A payout ratio below 60% is generally considered sustainable.
How is MPC's Dividend Health Score calculated?
The Dividend Health Score evaluates Marathon Petroleum Corporation's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for energy companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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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 Health Score, 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.