DVN vs. MPC: Devon Energy vs. Marathon Petroleum Stock Comparison
How do Devon Energy (DVN) and Marathon Petroleum (MPC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Devon Energy (DVN) and Marathon Petroleum (MPC) both belong to the Oil, Gas & Consumable Fuels industry, though DVN is classified under Oil & Gas Exploration & Production while MPC falls under Oil & Gas Refining & Marketing.
| Profile Item | DVN | MPC |
|---|---|---|
| Name | Devon Energy Corporation | Marathon Petroleum Corp. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Refining & Marketing |
| Market Capitalization | 48.11 billion USD | 101.49 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 22, 1985 | June 24, 2011 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DVN | MPC |
|---|---|---|
| Total Return (1Y) | 28.98% | 104.94% |
| Total Return (3Y, Annualized) | 1.94% | 42.97% |
| Total Return (5Y, Annualized) | 4.07% | 45.42% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DVN | MPC |
|---|---|---|
| Volatility (1Y, Annualized) | 35.86% | 37.53% |
| Beta (5Y) | 0.51 | 0.56 |
| Max Drawdown (5Y) | -60.83% | -44.75% |
| Avg. Volume (3M) | 10.82M | 2.56M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DVN | MPC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.69 | 2.68 |
| Sortino Ratio (1Y) | 0.99 | 4.10 |
Profitability
ROE (TTM)
Marathon Petroleum (MPC) at 60.46% clears its industry range for ROE, a sharper capital-efficiency signal than Devon Energy (DVN) at 12.56%, which is closer to a typical peer reading.
DVN
Energy industry group
12.56%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- DVN
- 12.56%
- Q1
- 2.03%
- Min
- -29.09%
MPC
Energy industry group
60.46%
- MPC
- 60.46%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Devon Energy (DVN) at 16.29% and Marathon Petroleum (MPC) at 8.34% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DVN
Energy industry group
16.29%
- Max
- 56.92%
- Q3
- 22.92%
- DVN
- 16.29%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
MPC
Energy industry group
8.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- MPC
- 8.34%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Devon Energy (DVN) at 19.84% and Marathon Petroleum (MPC) at 17.98% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DVN
Energy industry group
19.84%
- Max
- 71.31%
- Q3
- 33.75%
- DVN
- 19.84%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
MPC
Energy industry group
17.98%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- MPC
- 17.98%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DVN | MPC |
|---|---|---|
| ROE (TTM) | 12.56% | 60.46% |
| ROA (TTM) | 6.52% | 13.75% |
| Net Margin (TTM) | 16.29% | 8.34% |
| Operating Margin (TTM) | 19.84% | 17.98% |
| Gross Margin (TTM) | 53.48% | 16.20% |
Growth
Revenue Growth
Both Devon Energy (DVN) at 7.83% and Marathon Petroleum (MPC) at -4.44% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Marathon Petroleum (MPC) at 31.15% sits in the top EPS growth quartile, while Devon Energy (DVN) at -8.55% is closer to the peer norm — faster per-share earnings growth for MPC.
Growth Metrics
| Metric | DVN | MPC |
|---|---|---|
| Revenue Growth (YoY) | 7.83% | -4.44% |
| Revenue Growth (3Y CAGR) | -3.57% | -9.23% |
| EPS Growth (YoY) | -8.55% | 31.15% |
| EPS Growth (3Y CAGR) | -22.96% | -22.24% |
Financial Strength
Current Ratio (MRQ)
Marathon Petroleum (MPC) at 1.45 keeps current ratio within its industry’s typical mid-range, while Devon Energy (DVN) at 0.70 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for DVN.
DVN
Energy industry group
0.70
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- DVN
- 0.70
- Min
- 0.24
MPC
Energy industry group
1.45
- Max
- 3.64
- Q3
- 2.21
- MPC
- 1.45
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Devon Energy (DVN) at 0.26 keeps leverage in the lower quartile, while Marathon Petroleum (MPC) at 1.15 sits in the higher-leverage quartile.
DVN
Energy industry group
0.26
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- DVN
- 0.26
- Min
- 0.00
MPC
Energy industry group
1.15
- Max
- 1.75
- MPC
- 1.15
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | DVN | MPC |
|---|---|---|
| Current Ratio (MRQ) | 0.70 | 1.45 |
| Debt / Equity (MRQ) | 0.26 | 1.15 |
| Net Debt / EBITDA | 1.05 | 0.88 |
Dividends
Dividend Yield (TTM)
Both Devon Energy (DVN) at 2.61% and Marathon Petroleum (MPC) at 1.09% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DVN
Energy industry group
2.61%
- Max
- 8.57%
- Q3
- 3.58%
- DVN
- 2.61%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
MPC
Energy industry group
1.09%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- MPC
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Devon Energy (DVN) at 26.29% and Marathon Petroleum (MPC) at 7.93% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
DVN
Energy industry group
26.29%
- Max
- 133.24%
- Q3
- 53.31%
- DVN
- 26.29%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
MPC
Energy industry group
7.93%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- MPC
- 7.93%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DVN | MPC |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 1.09% |
| Dividend Payout Ratio (TTM) | 26.29% | 7.93% |
Valuation
P/E Ratio (TTM)
Marathon Petroleum (MPC) at 7.39 sits in the cheaper P/E ratio quartile, while Devon Energy (DVN) at 9.91 is closer to its industry’s usual earnings multiple — a discount for MPC, though growth and earnings durability still matter.
DVN
Energy industry group
9.91
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- DVN
- 9.91
- Q1
- 7.71
- Min
- 2.99
MPC
Energy industry group
7.39
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- MPC
- 7.39
- Min
- 2.99
P/S Ratio (TTM)
Marathon Petroleum (MPC) at 0.58 sits in the cheaper P/S ratio quartile while Devon Energy (DVN) at 2.18 prices around its industry’s middle — MPC costs less per dollar of sales, though read it alongside growth and margins.
DVN
Energy industry group
2.18
- Max
- 5.40
- Q3
- 2.85
- DVN
- 2.18
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
MPC
Energy industry group
0.58
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- MPC
- 0.58
- Min
- 0.00
P/B Ratio (MRQ)
Devon Energy (DVN) at 1.15 sits near its industry’s typical P/B ratio, while Marathon Petroleum (MPC) at 4.42 prices above its benchmark range — MPC looks rich relative to book.
DVN
Energy industry group
1.15
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- DVN
- 1.15
- Q1
- 1.08
- Min
- 0.01
MPC
Energy industry group
4.42
- MPC
- 4.42
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DVN | MPC |
|---|---|---|
| P/E Ratio (TTM) | 9.91 | 7.39 |
| P/S Ratio (TTM) | 2.18 | 0.58 |
| P/B Ratio (MRQ) | 1.15 | 4.42 |
| Free Cash Flow Yield (TTM) | 3.11% | 16.00% |