COP vs MPC
ConocoPhillips and Marathon Petroleum Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | COP | MPC |
|---|---|---|
| Revenue | $58.9B | $132.7B |
| Net income | $8.0B | $4.0B |
| Gross margin | 62.1% | 10.0% |
| Net margin | 13.6% | 4.4% |
| Return on equity | 12.4% | 23.1% |
| Diluted EPS | $6.35 | $13.22 |
| Dividend / share | $3.18 | $3.73 |
| Payout ratio | 50.0% | 28.2% |
| Free cash flow | · | $4.8B |
| Equity | $64.5B | $17.3B |
| Net debt / equity | 0.26× | 1.69× |
| Current ratio | 1.30× | 1.26× |
| Revenue CAGR 5y | 25.7% | 13.7% |
| Profit CAGR 5y | · | · |
MPC bills 2.3× the revenue of COP, and COP keeps more of each dollar of revenue as profit (13.6% against 4.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | COP | MPC |
|---|---|---|
| FY2025 | $58.9B | $132.7B |
| FY2024 | $54.7B | $138.9B |
| FY2023 | $56.1B | $148.4B |
| FY2022 | $78.5B | $177.5B |
| FY2021 | $45.8B | $120.0B |
| FY2020 | $18.8B | $69.8B |
| FY2019 | $36.7B | $111.1B |
| FY2018 | $38.7B | $86.1B |
| FY2017 | $32.6B | $74.7B |
| FY2016 | $24.4B | $63.3B |
Bottom line
| Fiscal year | COP | MPC |
|---|---|---|
| FY2025 | $8.0B | $4.0B |
| FY2024 | $9.2B | $3.4B |
| FY2023 | $11.0B | $9.7B |
| FY2022 | $18.7B | $14.5B |
| FY2021 | $8.1B | $9.7B |
| FY2020 | $-2.7B | $-9.8B |
| FY2019 | $7.2B | $2.6B |
| FY2018 | $6.3B | $2.8B |
| FY2017 | $-855.0M | $3.4B |
| FY2016 | $-3.6B | $1.2B |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$73,755,000,000 | MPC |
| FY2024 | −$84,119,000,000 | MPC |
| FY2023 | −$92,238,000,000 | MPC |
| FY2022 | −$98,959,000,000 | MPC |
| FY2021 | −$74,155,000,000 | MPC |
| FY2020 | −$50,995,000,000 | MPC |
| FY2019 | −$74,478,000,000 | MPC |
| FY2018 | −$47,359,000,000 | MPC |
| FY2017 | −$42,149,000,000 | MPC |
| FY2016 | −$38,917,000,000 | MPC |
| FY2015 | −$41,116,000,000 | MPC |
| FY2014 | −$42,300,000,000 | MPC |
| FY2013 | −$41,912,000,000 | MPC |
| FY2012 | −$20,239,000,000 | MPC |
| FY2011 | −$12,569,000,000 | MPC |
| FY2010 | +$848,000,000 | COP |
| FY2009 | +$103,811,000,000 | COP |
The higher-revenue side has changed between COP and MPC over this period. The gap has narrowed since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +9.1 pp | COP |
| FY2024 | +13.2 pp | COP |
| FY2023 | +12.0 pp | COP |
| FY2022 | +14.8 pp | COP |
| FY2021 | +8.5 pp | COP |
| FY2020 | +0.2 pp | COP |
| FY2019 | +16.9 pp | COP |
| FY2018 | +12.1 pp | COP |
| FY2017 | −8.1 pp | MPC |
| FY2016 | −16.8 pp | MPC |
| FY2015 | −18.6 pp | MPC |
| FY2014 | +9.7 pp | COP |
| FY2013 | +13.5 pp | COP |
| FY2012 | +9.3 pp | COP |
| FY2011 | +20.7 pp | COP |
| FY2010 | +21.9 pp | COP |
| FY2009 | +2.2 pp | COP |
The higher net margin has changed hands between COP and MPC over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
COP's net margin has been more volatile than MPC's over the 17 comparable fiscal years — 13.1 percentage points of standard deviation against 5.0.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between COP and MPC over these 17 fiscal years — COP led in 14 and MPC in 3.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MPC's return on equity has been more volatile than COP's over the 17 comparable fiscal years — 18.6 percentage points of standard deviation against 13.0.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between COP and MPC over these 17 fiscal years — COP led in 5 and MPC in 12.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.