Is CVX or MPC cheaper?

On trailing earnings, MPC is cheaper: CVX trades at a 32.45 P/E and MPC at 17.19.

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 3.73% and MPC yields 1.48% 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%.

Which has been the better investment, CVX or MPC?

Over the past 10-year, MPC delivered the higher annualized total return — CVX at 10.86% versus MPC at 25.67%. Past performance doesn't predict future results.

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

MPC leads on 9 of 16 compared metrics.

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 June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Marathon Petroleum Corporation

$76.95B

$263.58Energy

Total return — CVX vs MPC

growth of $100 · last 15y

CVX +85.2%MPC +1251.7%MPC compounded faster

Log scale — wide-divergence pair

CVX MPC

CVX vs MPC: by the numbers

•CVX is the larger company ($372.87B vs $76.95B market cap).
•MPC trades at the lower earnings multiple (17.19 vs 32.45 P/E).
•CVX converts more revenue to profit (5.92% vs 3.41% net margin).
•CVX pays the higher dividend yield (3.73% vs 1.48%).

Which is better, CVX or MPC?

Metric tally: CVX 7 · MPC 9

It depends on what you're optimizing for:

ValueMPC(lower P/E)

IncomeCVX(higher dividend yield)

QualityMPC(higher ROIC)

Metrics side by side

Valuation

Metric	CVX	MPC
P/E ratio	32.45	17.19●
Forward P/E	15.20	10.95●
P/S ratio	2.00	0.57●
P/B ratio	2.02●	4.64
PEG ratio	1.18	0.39●
EV / EBITDA	9.93	8.87●
FCF yield	3.60%	7.33%●

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	3.73%●	1.48%
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)	16.33%	36.26%●

Frequently asked

Which is better, CVX or MPC?: It depends on your goal. value: MPC (lower P/E); income: CVX (higher dividend yield); quality: MPC (higher ROIC). Across all compared metrics, MPC leads 9 to 7.
Is CVX or MPC cheaper?: On trailing earnings, MPC is cheaper: CVX trades at a 32.45 P/E and MPC at 17.19.
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 3.73% and MPC yields 1.48% 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%.
Which has been the better investment, CVX or MPC?: Over the past 10-year, MPC delivered the higher annualized total return — CVX at 10.86% versus MPC at 25.67%. 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 Dividend Aristocrats 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 June 15, 2026.