MPC vs VLO
Marathon Petroleum Corp. and Valero Energy Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MPC | VLO |
|---|---|---|
| Revenue | $132.7B | $122.7B |
| Net income | $4.0B | $2.3B |
| Gross margin | 10.0% | −1.1% |
| Net margin | 4.4% | 1.9% |
| Return on equity | 23.1% | 9.7% |
| Diluted EPS | $13.22 | $7.57 |
| Dividend / share | $3.73 | $4.52 |
| Payout ratio | 28.2% | 59.8% |
| Free cash flow | $4.8B | · |
| Equity | $17.3B | $23.7B |
| Net debt / equity | 1.69× | 0.19× |
| Current ratio | 1.26× | 1.65× |
| Revenue CAGR 5y | 13.7% | 13.6% |
| Profit CAGR 5y | · | · |
MPC and VLO book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (4.4% against 1.9%).
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 | VLO |
|---|---|---|
| FY2025 | $132.7B | $122.7B |
| FY2024 | $138.9B | $129.9B |
| FY2023 | $148.4B | $144.8B |
| FY2022 | $177.5B | $176.4B |
| FY2021 | $120.0B | $114.0B |
| FY2020 | $69.8B | $64.9B |
| FY2019 | $111.1B | $108.3B |
| FY2018 | $86.1B | $117.0B |
| FY2017 | $74.7B | $94.0B |
| FY2016 | $63.3B | $75.7B |
Bottom line
| Fiscal year | MPC | VLO |
|---|---|---|
| FY2025 | $4.0B | $2.3B |
| FY2024 | $3.4B | $2.8B |
| FY2023 | $9.7B | $8.8B |
| FY2022 | $14.5B | $11.5B |
| FY2021 | $9.7B | $930.0M |
| FY2020 | $-9.8B | $-1.4B |
| FY2019 | $2.6B | $2.4B |
| FY2018 | $2.8B | $3.1B |
| FY2017 | $3.4B | $4.1B |
| FY2016 | $1.2B | $2.3B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,012,000,000 | MPC |
| FY2024 | +$8,983,000,000 | MPC |
| FY2023 | +$3,613,000,000 | MPC |
| FY2022 | +$1,070,000,000 | MPC |
| FY2021 | +$6,006,000,000 | MPC |
| FY2020 | +$4,867,000,000 | MPC |
| FY2019 | +$2,824,000,000 | MPC |
| FY2018 | −$30,947,000,000 | VLO |
| FY2017 | −$19,247,000,000 | VLO |
| FY2016 | −$12,382,000,000 | VLO |
The higher-revenue side has changed between MPC and VLO over this period. The gap has narrowed since the earliest year compared.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +2.5 pp | MPC |
| FY2024 | +1.2 pp | MPC |
| FY2023 | +0.9 pp | MPC |
| FY2022 | +2.1 pp | MPC |
| FY2021 | +8.0 pp | MPC |
| FY2020 | −12.5 pp | VLO |
| FY2019 | +0.2 pp | MPC |
| FY2018 | +1.2 pp | MPC |
| FY2017 | +1.0 pp | MPC |
| FY2016 | −1.3 pp | VLO |
The higher net margin has changed hands between MPC and VLO over this period.
10 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 VLO's over the 10 comparable fiscal years — 6.4 percentage points of standard deviation against 2.4.
10 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 VLO over these 10 fiscal years — MPC led in 8 and VLO in 2.
10 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 VLO's over the 17 comparable fiscal years — 18.6 percentage points of standard deviation against 14.6.
17 of 18 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 VLO over these 17 fiscal years — MPC led in 12 and VLO in 5.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.