Which has the lower trailing P/E, CVX or MPC?

MPC has the lower trailing P/E: CVX trades at 20.52 and MPC at 13.63. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CVX or MPC?

Over the past five years, CVX grew revenue faster — CVX at a 12.46% CAGR versus MPC at 11.91%.

Does CVX or MPC pay a bigger dividend?

CVX yields 3.31% and MPC yields 1.02% based on trailing dividends and the latest price.

Is CVX or MPC more profitable?

CVX runs the higher net margin — CVX at 9.87% versus MPC at 5.56%.

How have CVX and MPC total returns compared?

Over the past 10 years, CVX delivered 12.34% and MPC delivered 28.77% annualized total return. Past performance doesn't predict future results.

Chevron Corporation (CVX) vs Marathon Petroleum Corporation (MPC)

A side-by-side comparison of Chevron Corporation and Marathon Petroleum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

CVX

Chevron Corporation

$426.22B

$214.01EnergyDelayed quote: Sep 11, 2026, 3:59 PM EDT

MPC

Marathon Petroleum Corporation

$115.59B

$395.93EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — CVX vs MPC

growth of $100 · dividends reinvested · last 10y

CVX +211.5% (+12.0%/yr)MPC +1111.1% (+28.3%/yr)MPC compounded faster over this window

CVX MPC

CVX vs MPC: by the numbers

•CVX is the larger company ($426.22B vs $115.59B market cap).
•MPC trades at the lower trailing earnings multiple (13.63 vs 20.52 P/E), one valuation lens rather than an overall verdict.
•CVX converts more revenue to profit (9.87% vs 5.56% net margin).
•CVX grew revenue faster over the past five years (12.46% vs 11.91% CAGR).
•CVX pays the higher dividend yield (3.31% vs 1.02%).

Metrics side by side

Valuation

Metric	CVX	MPC
P/E ratio	20.52	13.63
Forward P/E	13.31	7.63
P/S ratio	2.04	0.75
P/B ratio	2.24	6.06
EV / EBITDA	8.02	9.13
FCF yield	6.34%	11.16%

Profitability

Metric	CVX	MPC
Gross margin	31.00%	11.62%
Operating margin	15.83%	7.95%
Net margin	9.87%	5.56%
ROE	10.84%	44.84%
ROIC	7.69%	14.33%

Dividends

Metric	CVX	MPC
Dividend yield	3.31%	1.02%
Payout ratio	67.59%	13.77%

Growth (annualized)

Metric	CVX	MPC
Revenue CAGR (5Y)	12.46%	11.91%
EPS CAGR (5Y)	27.46%	22.12%
FCF CAGR (5Y)	22.77%	35.87%
Total return CAGR (5Y)	22.03%	50.50%

Frequently asked

Which has the lower trailing P/E, CVX or MPC?: MPC has the lower trailing P/E: CVX trades at 20.52 and MPC at 13.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CVX or MPC?: Over the past five years, CVX grew revenue faster — CVX at a 12.46% CAGR versus MPC at 11.91%.
Does CVX or MPC pay a bigger dividend?: CVX yields 3.31% and MPC yields 1.02% based on trailing dividends and the latest price.
Is CVX or MPC more profitable?: CVX runs the higher net margin — CVX at 9.87% versus MPC at 5.56%.
How have CVX and MPC total returns compared?: Over the past 10 years, CVX delivered 12.34% and MPC delivered 28.77% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CVX analysis Full MPC analysis Interactive comparison tool

Dig into the metrics

Chevron P/E ratio Marathon Petroleum P/E ratio Chevron dividend yield Marathon Petroleum dividend yield Chevron ROE Marathon Petroleum ROE Chevron operating margin Marathon Petroleum operating margin Chevron revenue growth Marathon Petroleum revenue growth Chevron free cash flow Marathon Petroleum free cash flow

Chevron & Marathon Petroleum appear in these rankings

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Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.