MPC vs PSX
Marathon Petroleum Corp. and Phillips 66, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MPC | PSX |
|---|---|---|
| Revenue | $132.7B | $132.4B |
| Net income | $4.0B | $4.4B |
| Gross margin | 10.0% | 12.3% |
| Net margin | 4.4% | 3.4% |
| Return on equity | 23.1% | 15.6% |
| Diluted EPS | $13.22 | $10.79 |
| Dividend / share | $3.73 | $4.75 |
| Payout ratio | 28.2% | 43.7% |
| Free cash flow | $4.8B | · |
| Equity | $17.3B | $29.1B |
| Net debt / equity | 1.69× | 0.64× |
| Current ratio | 1.26× | 1.30× |
| Revenue CAGR 5y | 13.7% | 15.6% |
| Profit CAGR 5y | · | · |
MPC and PSX book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (4.4% against 3.4%).
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 | MPC | PSX |
|---|---|---|
| FY2025 | $132.7B | $132.4B |
| FY2024 | $138.9B | $143.2B |
| FY2023 | $148.4B | $147.4B |
| FY2022 | $177.5B | $170.0B |
| FY2021 | $120.0B | $111.5B |
| FY2020 | $69.8B | $64.1B |
| FY2019 | $111.1B | $107.3B |
| FY2018 | $86.1B | $111.5B |
| FY2017 | $74.7B | $102.4B |
| FY2016 | $63.3B | $84.3B |
Bottom line
| Fiscal year | MPC | PSX |
|---|---|---|
| FY2025 | $4.0B | $4.4B |
| FY2024 | $3.4B | $2.1B |
| FY2023 | $9.7B | $7.0B |
| FY2022 | $14.5B | $11.0B |
| FY2021 | $9.7B | $1.3B |
| FY2020 | $-9.8B | $-4.0B |
| FY2019 | $2.6B | $3.1B |
| FY2018 | $2.8B | $5.6B |
| FY2017 | $3.4B | $5.1B |
| FY2016 | $1.2B | $1.6B |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$323,000,000 | MPC |
| FY2024 | −$4,289,000,000 | PSX |
| FY2023 | +$980,000,000 | MPC |
| FY2022 | +$7,463,000,000 | MPC |
| FY2021 | +$8,507,000,000 | MPC |
| FY2020 | +$5,650,000,000 | MPC |
| FY2019 | +$3,855,000,000 | MPC |
| FY2018 | −$25,375,000,000 | PSX |
| FY2017 | −$27,621,000,000 | PSX |
| FY2016 | −$21,002,000,000 | PSX |
| FY2015 | −$26,924,000,000 | PSX |
| FY2014 | −$63,395,000,000 | PSX |
| FY2013 | −$71,436,000,000 | PSX |
| FY2012 | −$97,047,000,000 | PSX |
| FY2011 | −$117,293,000,000 | PSX |
| FY2010 | −$84,074,000,000 | PSX |
The higher-revenue side has changed between MPC and PSX over this period. The gap has narrowed since the earliest year compared.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +1.0 pp | MPC |
| FY2024 | +2.1 pp | MPC |
| FY2023 | +2.6 pp | MPC |
| FY2022 | +2.3 pp | MPC |
| FY2021 | +7.7 pp | MPC |
| FY2020 | −8.5 pp | PSX |
| FY2019 | −0.2 pp | PSX |
| FY2018 | −1.1 pp | PSX |
| FY2017 | −0.2 pp | PSX |
| FY2016 | −0.1 pp | PSX |
| FY2015 | −0.6 pp | PSX |
| FY2014 | −0.5 pp | PSX |
| FY2013 | −0.1 pp | PSX |
| FY2012 | +1.9 pp | MPC |
| FY2011 | +0.6 pp | MPC |
| FY2010 | +0.5 pp | MPC |
The higher net margin has changed hands between MPC and PSX over this period.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MPC's net margin has been more volatile than PSX's over the 16 comparable fiscal years — 5.1 percentage points of standard deviation against 2.8.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MPC and PSX over these 16 fiscal years — MPC led in 8 and PSX in 8.
16 of 17 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 PSX's over the 16 comparable fiscal years — 18.8 percentage points of standard deviation against 12.8.
16 of 17 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 MPC and PSX over these 16 fiscal years — MPC led in 13 and PSX in 3.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.