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

MPC has the lower trailing P/E: CVX trades at 33.26 and MPC at 20.14. 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 14.17% CAGR versus MPC at 14.07%.

Does CVX or MPC pay a bigger dividend?

CVX yields 3.64% and MPC yields 1.27% based on trailing dividends and the latest price.

Is CVX or MPC more profitable?

CVX runs the higher net margin — CVX at 5.92% versus MPC at 3.41%.

How have CVX and MPC total returns compared?

Over the past 10 years, CVX delivered 11.08% and MPC delivered 26.68% 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 July 30, 2026. Differences are shown without an overall score or investment verdict.

CVX

Chevron Corporation

$378.22B

$189.91EnergyDelayed quote: Jul 30, 2026, 9:30 AM EDT

MPC

Marathon Petroleum Corporation

$89.06B

$305.07EnergyDelayed quote: Jul 30, 2026, 9:30 AM EDT

Total return — CVX vs MPC

growth of $100 · dividends reinvested · last 15y

CVX +250.1%MPC +2320.6%MPC compounded faster

Log scale — wide-divergence pair

CVX MPC

CVX vs MPC: by the numbers

•CVX is the larger company ($378.22B vs $89.06B market cap).
•MPC trades at the lower trailing earnings multiple (20.14 vs 33.26 P/E), one valuation lens rather than an overall verdict.
•CVX converts more revenue to profit (5.92% vs 3.41% net margin).
•CVX pays the higher dividend yield (3.64% vs 1.27%).

Metrics side by side

Valuation

Metric	CVX	MPC
P/E ratio	33.26	20.14
Forward P/E	13.16	7.72
P/S ratio	2.05	0.67
P/B ratio	2.07	5.44
PEG ratio	1.21	0.39
EV / EBITDA	11.19	12.22
FCF yield	3.51%	6.26%

Profitability

Metric	CVX	MPC
Gross margin	25.43%	8.80%
Operating margin	8.40%	5.02%
Net margin	5.92%	3.41%
ROE	5.99%	27.65%
ROIC	3.59%	7.03%

Dividends

Metric	CVX	MPC
Dividend yield	3.64%	1.27%
Payout ratio	104.96%	29.46%

Growth (annualized)

Metric	CVX	MPC
Revenue CAGR (5Y)	14.17%	14.07%
EPS CAGR (5Y)	27.46%	22.12%
FCF CAGR (5Y)	39.67%	30.60%
Total return CAGR (5Y)	18.10%	44.14%

Frequently asked

Which has the lower trailing P/E, CVX or MPC?: MPC has the lower trailing P/E: CVX trades at 33.26 and MPC at 20.14. 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 14.17% CAGR versus MPC at 14.07%.
Does CVX or MPC pay a bigger dividend?: CVX yields 3.64% and MPC yields 1.27% based on trailing dividends and the latest price.
Is CVX or MPC more profitable?: CVX runs the higher net margin — CVX at 5.92% versus MPC at 3.41%.
How have CVX and MPC total returns compared?: Over the past 10 years, CVX delivered 11.08% and MPC delivered 26.68% 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

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest FCF Yield Stocks

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 July 30, 2026.