Which has the lower trailing P/E, FANG or MPLX?

MPLX has the lower trailing P/E: FANG trades at 41.21 and MPLX at 12.56. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FANG or MPLX?

Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus MPLX at 7.97%.

Does FANG or MPLX pay a bigger dividend?

FANG yields 2.01% and MPLX yields 7.37% based on trailing dividends and the latest price.

Is FANG or MPLX more profitable?

MPLX runs the higher net margin — FANG at 9.27% versus MPLX at 36.75%.

How have FANG and MPLX total returns compared?

Over the past 10 years, FANG delivered 10.91% and MPLX delivered 15.60% annualized total return. Past performance doesn't predict future results.

Diamondback Energy, Inc. (FANG) vs MPLX Lp (MPLX)

A side-by-side comparison of Diamondback Energy, Inc. and MPLX Lp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 21, 2026. Differences are shown without an overall score or investment verdict.

FANG

Diamondback Energy, Inc.

$59.28B

$210.72EnergyDelayed quote: Aug 21, 2026, 4:00 PM EDT

MPLX

MPLX Lp

$59.27B

$58.41EnergyDelayed quote: Aug 21, 2026, 4:00 PM EDT

Total return — FANG vs MPLX

growth of $100 · dividends reinvested · last 10y

FANG +181.7% (+10.9%/yr)MPLX +333.3% (+15.8%/yr)MPLX compounded faster over this window

FANG MPLX

FANG vs MPLX: by the numbers

•FANG is the larger company ($59.28B vs $59.27B market cap).
•MPLX trades at the lower trailing earnings multiple (12.56 vs 41.21 P/E), one valuation lens rather than an overall verdict.
•MPLX converts more revenue to profit (36.75% vs 9.27% net margin).
•FANG grew revenue faster over the past five years (31.48% vs 7.97% CAGR).
•MPLX pays the higher dividend yield (7.37% vs 2.01%).

Metrics side by side

Valuation

Metric	FANG	MPLX
P/E ratio	41.21	12.56
Forward P/E	N/A	13.57
P/S ratio	3.47	4.60
P/B ratio	1.57	4.23
EV / EBITDA	7.15	12.10
FCF yield	10.95%	7.47%

Profitability

Metric	FANG	MPLX
Gross margin	35.16%	52.17%
Operating margin	27.68%	42.91%
Net margin	9.27%	36.75%
ROE	4.18%	33.77%
ROIC	5.88%	13.47%

Dividends

Metric	FANG	MPLX
Dividend yield	2.01%	7.37%
Payout ratio	74.17%	89.34%

Growth (annualized)

Metric	FANG	MPLX
Revenue CAGR (5Y)	31.48%	7.97%
EPS CAGR (5Y)	25.44%	29.32%
FCF CAGR (5Y)	51.55%	1.14%
Total return CAGR (5Y)	30.81%	26.69%

Frequently asked

Which has the lower trailing P/E, FANG or MPLX?: MPLX has the lower trailing P/E: FANG trades at 41.21 and MPLX at 12.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FANG or MPLX?: Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus MPLX at 7.97%.
Does FANG or MPLX pay a bigger dividend?: FANG yields 2.01% and MPLX yields 7.37% based on trailing dividends and the latest price.
Is FANG or MPLX more profitable?: MPLX runs the higher net margin — FANG at 9.27% versus MPLX at 36.75%.
How have FANG and MPLX total returns compared?: Over the past 10 years, FANG delivered 10.91% and MPLX delivered 15.60% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FANG analysis Full MPLX analysis Interactive comparison tool

Dig into the metrics

Diamondback Energy P/E ratio MPLX Lp P/E ratio Diamondback Energy dividend yield MPLX Lp dividend yield Diamondback Energy ROE MPLX Lp ROE Diamondback Energy operating margin MPLX Lp operating margin Diamondback Energy revenue growth MPLX Lp revenue growth Diamondback Energy free cash flow MPLX Lp free cash flow

Diamondback Energy & MPLX Lp appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest Operating Margin 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 August 21, 2026.