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Stock Comparison

MPC vs PSX

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
MPC
Marathon Petroleum Corporation

Oil & Gas Refining & Marketing

EnergyNYSE • US
Market Cap$72.38B
5Y Perf.+599.4%
PSX
Phillips 66

Oil & Gas Refining & Marketing

EnergyNYSE • US
Market Cap$68.85B
5Y Perf.+119.4%

MPC vs PSX — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
MPC logoMPC
PSX logoPSX
IndustryOil & Gas Refining & MarketingOil & Gas Refining & Marketing
Market Cap$72.38B$68.85B
Revenue (TTM)$135.75B$135.77B
Net Income (TTM)$4.63B$4.12B
Gross Margin8.8%7.0%
Operating Margin5.0%4.7%
Forward P/E11.1x11.7x
Total Debt$34.36B$22.88B
Cash & Equiv.$3.67B$1.12B

MPC vs PSXLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

MPC
PSX
StockMay 20May 26Return
Marathon Petroleum … (MPC)100699.4+599.4%
Phillips 66 (PSX)100219.4+119.4%

Price return only. Dividends and distributions are not included.

Quick Verdict: MPC vs PSX

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: MPC leads in 6 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Phillips 66 is the stronger pick specifically for dividend income and shareholder returns. As sector peers, any of these can serve as alternatives in the same allocation.
MPC
Marathon Petroleum Corporation
The Growth Play

MPC carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.

  • Rev growth -4.4%, EPS growth 31.5%, 3Y rev CAGR -9.2%
  • 6.5% 10Y total return vs PSX's 165.7%
  • Lower volatility, beta 0.30, current ratio 1.26x
Best for: growth exposure and long-term compounding
PSX
Phillips 66
The Income Pick

PSX is the clearest fit if your priority is income & stability and defensive.

  • Dividend streak 13 yrs, beta 0.43, yield 2.7%
  • Beta 0.43, yield 2.7%, current ratio 1.30x
  • 2.7% yield, 13-year raise streak, vs MPC's 1.5%
Best for: income & stability and defensive
See the full category breakdown
CategoryWinnerWhy
GrowthMPC logoMPC-4.4% revenue growth vs PSX's -7.6%
ValueMPC logoMPCLower P/E (11.1x vs 11.7x)
Quality / MarginsMPC logoMPC3.4% margin vs PSX's 3.0%
Stability / SafetyMPC logoMPCBeta 0.30 vs PSX's 0.43
DividendsPSX logoPSX2.7% yield, 13-year raise streak, vs MPC's 1.5%
Momentum (1Y)MPC logoMPC+72.7% vs PSX's +67.6%
Efficiency (ROA)MPC logoMPC5.5% ROA vs PSX's 5.3%, ROIC 8.3% vs 5.3%

MPC vs PSX — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

MPCMarathon Petroleum Corporation
FY 2025
Refining And Marketing
93.6%$124.3B
Midstream
4.2%$5.6B
Renewable Diesel
2.1%$2.8B
PSXPhillips 66
FY 2025
Consolidation, Eliminations
61.5%$55.8B
Natural Gas Liquids
18.8%$17.1B
Crude Oil
16.7%$15.2B
Other Product Line
3.0%$2.8B

MPC vs PSX — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLMPCLAGGINGPSX

Income & Cash Flow (Last 12 Months)

MPC leads this category, winning 5 of 6 comparable metrics.

PSX and MPC operate at a comparable scale, with $135.8B and $135.8B in trailing revenue. Profitability is closely matched — net margins range from 3.4% (MPC) to 3.0% (PSX).

MetricMPC logoMPCMarathon Petroleu…PSX logoPSXPhillips 66
RevenueTrailing 12 months$135.8B$135.8B
EBITDAEarnings before interest/tax$10.1B$9.4B
Net IncomeAfter-tax profit$4.6B$4.1B
Free Cash FlowCash after capex$5.7B$119M
Gross MarginGross profit ÷ Revenue+8.8%+7.0%
Operating MarginEBIT ÷ Revenue+5.0%+4.7%
Net MarginNet income ÷ Revenue+3.4%+3.0%
FCF MarginFCF ÷ Revenue+4.2%+0.1%
Rev. Growth (YoY)Latest quarter vs prior year+9.7%+11.7%
EPS Growth (YoY)Latest quarter vs prior year+8.2%-56.8%
MPC leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

Evenly matched — MPC and PSX each lead in 3 of 6 comparable metrics.

At 15.9x trailing earnings, PSX trades at a 14% valuation discount to MPC's 18.5x P/E. On an enterprise value basis, MPC's 11.4x EV/EBITDA is more attractive than PSX's 13.3x.

MetricMPC logoMPCMarathon Petroleu…PSX logoPSXPhillips 66
Market CapShares × price$72.4B$68.8B
Enterprise ValueMkt cap + debt − cash$103.1B$90.6B
Trailing P/EPrice ÷ TTM EPS18.52x15.91x
Forward P/EPrice ÷ next-FY EPS est.11.07x11.67x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple11.43x13.29x
Price / SalesMarket cap ÷ Revenue0.55x0.52x
Price / BookPrice ÷ Book value/share3.11x2.32x
Price / FCFMarket cap ÷ FCF15.18x25.23x
Evenly matched — MPC and PSX each lead in 3 of 6 comparable metrics.

Profitability & Efficiency

Evenly matched — MPC and PSX each lead in 4 of 8 comparable metrics.

MPC delivers a 19.6% return on equity — every $100 of shareholder capital generates $20 in annual profit, vs $14 for PSX. PSX carries lower financial leverage with a 0.76x debt-to-equity ratio, signaling a more conservative balance sheet compared to MPC's 1.43x.

MetricMPC logoMPCMarathon Petroleu…PSX logoPSXPhillips 66
ROE (TTM)Return on equity+19.6%+14.1%
ROA (TTM)Return on assets+5.5%+5.3%
ROICReturn on invested capital+8.3%+5.3%
ROCEReturn on capital employed+9.3%+6.0%
Piotroski ScoreFundamental quality 0–977
Debt / EquityFinancial leverage1.43x0.76x
Net DebtTotal debt minus cash$30.7B$21.8B
Cash & Equiv.Liquid assets$3.7B$1.1B
Total DebtShort + long-term debt$34.4B$22.9B
Interest CoverageEBIT ÷ Interest expense6.36x7.65x
Evenly matched — MPC and PSX each lead in 4 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

MPC leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in MPC five years ago would be worth $43,929 today (with dividends reinvested), compared to $22,538 for PSX. Over the past 12 months, MPC leads with a +72.7% total return vs PSX's +67.6%. The 3-year compound annual growth rate (CAGR) favors MPC at 33.1% vs PSX's 25.4% — a key indicator of consistent wealth creation.

MetricMPC logoMPCMarathon Petroleu…PSX logoPSXPhillips 66
YTD ReturnYear-to-date+49.4%+32.5%
1-Year ReturnPast 12 months+72.7%+67.6%
3-Year ReturnCumulative with dividends+135.7%+97.3%
5-Year ReturnCumulative with dividends+339.3%+125.4%
10-Year ReturnCumulative with dividends+654.2%+165.7%
CAGR (3Y)Annualised 3-year return+33.1%+25.4%
MPC leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

MPC leads this category, winning 2 of 2 comparable metrics.

MPC is the less volatile stock with a 0.30 beta — it tends to amplify market swings less than PSX's 0.43 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MPC currently trades 93.9% from its 52-week high vs PSX's 90.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricMPC logoMPCMarathon Petroleu…PSX logoPSXPhillips 66
Beta (5Y)Sensitivity to S&P 5000.30x0.43x
52-Week HighHighest price in past year$261.61$190.61
52-Week LowLowest price in past year$141.91$104.83
% of 52W HighCurrent price vs 52-week peak+93.9%+90.1%
RSI (14)Momentum oscillator 0–10072.064.4
Avg Volume (50D)Average daily shares traded2.5M3.1M
MPC leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

PSX leads this category, winning 2 of 2 comparable metrics.

Wall Street rates MPC as "Buy" and PSX as "Buy". Consensus price targets imply -4.9% upside for PSX (target: $163) vs -12.6% for MPC (target: $215). For income investors, PSX offers the higher dividend yield at 2.74% vs MPC's 1.52%.

MetricMPC logoMPCMarathon Petroleu…PSX logoPSXPhillips 66
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$214.78$163.38
# AnalystsCovering analysts3335
Dividend YieldAnnual dividend ÷ price+1.5%+2.7%
Dividend StreakConsecutive years of raises413
Dividend / ShareAnnual DPS$3.74$4.71
Buyback YieldShare repurchases ÷ mkt cap+4.8%+1.8%
PSX leads this category, winning 2 of 2 comparable metrics.
Key Takeaway

MPC leads in 3 of 6 categories (Income & Cash Flow, Total Returns). PSX leads in 1 (Analyst Outlook). 2 tied.

Best OverallMarathon Petroleum Corporat… (MPC)Leads 3 of 6 categories
Loading custom metrics...

MPC vs PSX: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is MPC or PSX a better buy right now?

For growth investors, Marathon Petroleum Corporation (MPC) is the stronger pick with -4.

4% revenue growth year-over-year, versus -7. 6% for Phillips 66 (PSX). Phillips 66 (PSX) offers the better valuation at 15. 9x trailing P/E (11. 7x forward), making it the more compelling value choice. Analysts rate Marathon Petroleum Corporation (MPC) a "Buy" — based on 33 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — MPC or PSX?

On trailing P/E, Phillips 66 (PSX) is the cheapest at 15.

9x versus Marathon Petroleum Corporation at 18. 5x. On forward P/E, Marathon Petroleum Corporation is actually cheaper at 11. 1x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — MPC or PSX?

Over the past 5 years, Marathon Petroleum Corporation (MPC) delivered a total return of +339.

3%, compared to +125. 4% for Phillips 66 (PSX). Over 10 years, the gap is even starker: MPC returned +654. 2% versus PSX's +165. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — MPC or PSX?

By beta (market sensitivity over 5 years), Marathon Petroleum Corporation (MPC) is the lower-risk stock at 0.

30β versus Phillips 66's 0. 43β — meaning PSX is approximately 43% more volatile than MPC relative to the S&P 500. On balance sheet safety, Phillips 66 (PSX) carries a lower debt/equity ratio of 76% versus 143% for Marathon Petroleum Corporation — giving it more financial flexibility in a downturn.

05

Which is growing faster — MPC or PSX?

By revenue growth (latest reported year), Marathon Petroleum Corporation (MPC) is pulling ahead at -4.

4% versus -7. 6% for Phillips 66 (PSX). On earnings-per-share growth, the picture is similar: Phillips 66 grew EPS 116. 2% year-over-year, compared to 31. 5% for Marathon Petroleum Corporation. Over a 3-year CAGR, PSX leads at -8. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — MPC or PSX?

Phillips 66 (PSX) is the more profitable company, earning 3.

3% net margin versus 3. 0% for Marathon Petroleum Corporation — meaning it keeps 3. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MPC leads at 4. 3% versus 2. 7% for PSX. At the gross margin level — before operating expenses — MPC leads at 7. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is MPC or PSX more undervalued right now?

On forward earnings alone, Marathon Petroleum Corporation (MPC) trades at 11.

1x forward P/E versus 11. 7x for Phillips 66 — 0. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PSX: -4. 9% to $163. 38.

08

Which pays a better dividend — MPC or PSX?

All stocks in this comparison pay dividends.

Phillips 66 (PSX) offers the highest yield at 2. 7%, versus 1. 5% for Marathon Petroleum Corporation (MPC).

09

Is MPC or PSX better for a retirement portfolio?

For long-horizon retirement investors, Marathon Petroleum Corporation (MPC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

30), 1. 5% yield, +654. 2% 10Y return). Both have compounded well over 10 years (MPC: +654. 2%, PSX: +165. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between MPC and PSX?

Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: MPC is a mid-cap quality compounder stock; PSX is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

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Stocks Like

MPC

Income & Dividend Stock

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Dividend Yield > 0.6%
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PSX

Income & Dividend Stock

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Dividend Yield > 1.0%
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Beat Both

Find stocks that outperform MPC and PSX on the metrics below

Revenue Growth>
%
(MPC: 9.7% · PSX: 11.7%)
Net Margin>
%
(MPC: 3.4% · PSX: 3.0%)
P/E Ratio<
x
(MPC: 18.5x · PSX: 15.9x)

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