Energy Transfer LP (ET) vs Marathon Petroleum Corporation (MPC)
MPC leads on 9 of 16 compared metrics, though ET is the cheaper stock.
A side-by-side comparison of Energy Transfer LP and Marathon Petroleum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ET vs MPC
growth of $100 · last 15yET +65.1%MPC +1164.2%MPC compounded faster
Log scale — wide-divergence pair
ET MPC
ET vs MPC: by the numbers
- •MPC is the larger company ($71.97B vs $65.18B market cap).
- •ET trades at the lower earnings multiple (14.13 vs 16.08 P/E).
- •ET converts more revenue to profit (5.41% vs 3.41% net margin).
- •ET grew revenue faster over the past five years (15.06% vs 14.07% CAGR).
- •ET pays the higher dividend yield (7.05% vs 1.59%).
Which is better, ET or MPC?
Metric tally: ET 7 · MPC 9It depends on what you're optimizing for:
ValueET(lower P/E)
GrowthET(faster 5Y revenue CAGR)
IncomeET(higher dividend yield)
Metrics side by side
Valuation
| Metric | ET | MPC |
|---|---|---|
| P/E ratio | 14.13● | 16.08 |
| Forward P/E | 11.92 | 10.28● |
| P/S ratio | 0.73 | 0.54● |
| P/B ratio | 1.90● | 4.34 |
| PEG ratio | 2.23 | 0.39● |
| EV / EBITDA | 9.24 | 8.47● |
| FCF yield | 5.58% | 7.84%● |
Profitability
| Metric | ET | MPC |
|---|---|---|
| Gross margin | 22.91%● | 8.80% |
| Operating margin | 11.11%● | 5.02% |
| Net margin | 5.41%● | 3.41% |
| ROE | 14.02% | 27.65%● |
| ROIC | 7.17% | 7.03% |
Dividends
| Metric | ET | MPC |
|---|---|---|
| Dividend yield | 7.05%● | 1.59% |
| Payout ratio | 98.16% | 29.46% |
Growth (annualized)
| Metric | ET | MPC |
|---|---|---|
| Revenue CAGR (5Y) | 15.06%● | 14.07% |
| EPS CAGR (5Y) | 0.25% | 22.12%● |
| FCF CAGR (5Y) | -11.11% | 30.60%● |
| Total return CAGR (5Y) | 20.82% | 34.83%● |
Frequently asked
- Which is better, ET or MPC?
- It depends on your goal. value: ET (lower P/E); growth: ET (faster 5Y revenue CAGR); income: ET (higher dividend yield). Across all compared metrics, MPC leads 9 to 7.
- Is ET or MPC cheaper?
- On trailing earnings, ET is cheaper: ET trades at a 14.13 P/E and MPC at 16.08.
- Which has grown faster, ET or MPC?
- Over the past five years, ET grew revenue faster — ET at a 15.06% CAGR versus MPC at 14.07%.
- Does ET or MPC pay a bigger dividend?
- ET yields 7.05% and MPC yields 1.59% based on trailing dividends and the latest price.
- Is ET or MPC more profitable?
- ET runs the higher net margin — ET at 5.41% versus MPC at 3.41%.
- Which has been the better investment, ET or MPC?
- Over the past 10-year, MPC delivered the higher annualized total return — ET at 12.12% versus MPC at 25.22%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Energy Transfer LP P/E ratioMarathon Petroleum P/E ratioEnergy Transfer LP dividend yieldMarathon Petroleum dividend yieldEnergy Transfer LP ROEMarathon Petroleum ROEEnergy Transfer LP operating marginMarathon Petroleum operating marginEnergy Transfer LP revenue growthMarathon Petroleum revenue growthEnergy Transfer LP free cash flowMarathon Petroleum free cash flow
Energy Transfer LP & Marathon Petroleum appear in these rankings
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 25, 2026.