MPC vs. OKE: Marathon Petroleum vs. ONEOK Stock Comparison
How do Marathon Petroleum (MPC) and ONEOK (OKE) 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
Marathon Petroleum (MPC) and ONEOK (OKE) both belong to the Oil, Gas & Consumable Fuels industry, though MPC is classified under Oil & Gas Refining & Marketing while OKE falls under Oil & Gas Storage & Transportation.
| Profile Item | MPC | OKE |
|---|---|---|
| Name | Marathon Petroleum Corp. | ONEOK, Inc. |
| 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 Refining & Marketing | Oil & Gas Storage & Transportation |
| Market Capitalization | 101.49 billion USD | 53.71 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 24, 2011 | October 1, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MPC | OKE |
|---|---|---|
| Total Return (1Y) | 104.94% | 33.00% |
| Total Return (3Y, Annualized) | 42.97% | 16.19% |
| Total Return (5Y, Annualized) | 45.42% | 11.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MPC | OKE |
|---|---|---|
| Volatility (1Y, Annualized) | 37.53% | 27.56% |
| Beta (5Y) | 0.56 | 0.79 |
| Max Drawdown (5Y) | -44.75% | -42.17% |
| Avg. Volume (3M) | 2.56M | 3.38M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MPC | OKE |
|---|---|---|
| Sharpe Ratio (1Y) | 2.68 | 1.04 |
| Sortino Ratio (1Y) | 4.10 | 1.50 |
Profitability
ROE (TTM)
Marathon Petroleum (MPC) at 60.46% clears its industry range for ROE, a sharper capital-efficiency signal than ONEOK (OKE) at 15.02%, which is closer to a typical peer reading.
MPC
Energy industry group
60.46%
- MPC
- 60.46%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
OKE
Energy industry group
15.02%
- Max
- 53.85%
- Q3
- 24.79%
- OKE
- 15.02%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Marathon Petroleum (MPC) at 8.34% and ONEOK (OKE) at 9.42% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
MPC
Energy industry group
8.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- MPC
- 8.34%
- Q1
- 0.07%
- Min
- -27.38%
OKE
Energy industry group
9.42%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- OKE
- 9.42%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Marathon Petroleum (MPC) at 17.98% and ONEOK (OKE) at 12.71% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
MPC
Energy industry group
17.98%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- MPC
- 17.98%
- Q1
- 6.94%
- Min
- -24.52%
OKE
Energy industry group
12.71%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- OKE
- 12.71%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | MPC | OKE |
|---|---|---|
| ROE (TTM) | 60.46% | 15.02% |
| ROA (TTM) | 13.75% | 5.46% |
| Net Margin (TTM) | 8.34% | 9.42% |
| Operating Margin (TTM) | 17.98% | 12.71% |
| Gross Margin (TTM) | 16.20% | 25.20% |
Growth
Revenue Growth
ONEOK (OKE) at 54.99% clears its industry range for revenue growth, far stronger top-line momentum than Marathon Petroleum (MPC) at -4.44%, which is closer to a typical peer reading.
EPS Growth
Marathon Petroleum (MPC) at 31.15% sits in the top EPS growth quartile, while ONEOK (OKE) at 4.84% is closer to the peer norm — faster per-share earnings growth for MPC.
Growth Metrics
| Metric | MPC | OKE |
|---|---|---|
| Revenue Growth (YoY) | -4.44% | 54.99% |
| Revenue Growth (3Y CAGR) | -9.23% | 14.53% |
| EPS Growth (YoY) | 31.15% | 4.84% |
| EPS Growth (3Y CAGR) | -22.24% | 12.17% |
Financial Strength
Current Ratio (MRQ)
Marathon Petroleum (MPC) at 1.45 keeps current ratio within its industry’s typical mid-range, while ONEOK (OKE) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OKE.
MPC
Energy industry group
1.45
- Max
- 3.64
- Q3
- 2.21
- MPC
- 1.45
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
OKE
Energy industry group
0.84
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- OKE
- 0.84
- Min
- 0.24
Debt / Equity (MRQ)
ONEOK (OKE) at 0.88 carries an industry-typical debt-to-equity mix, while Marathon Petroleum (MPC) at 1.15 uses more debt funding than most peers.
MPC
Energy industry group
1.15
- Max
- 1.75
- MPC
- 1.15
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
OKE
Energy industry group
0.88
- Max
- 1.75
- Q3
- 0.93
- OKE
- 0.88
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | MPC | OKE |
|---|---|---|
| Current Ratio (MRQ) | 1.45 | 0.84 |
| Debt / Equity (MRQ) | 1.15 | 0.88 |
| Net Debt / EBITDA | 0.88 | 3.68 |
Dividends
Dividend Yield (TTM)
ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while Marathon Petroleum (MPC) at 1.09% pays a more typical yield — both are credible income propositions, OKE the richer one.
MPC
Energy industry group
1.09%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- MPC
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
OKE
Energy industry group
4.96%
- Max
- 8.57%
- OKE
- 4.96%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Marathon Petroleum (MPC) at 7.93% pays out a band-typical share of earnings, while ONEOK (OKE) at 65.84% distributes more than its industry norm — less retained, thinner cover.
MPC
Energy industry group
7.93%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- MPC
- 7.93%
- Q1
- 0.00%
- Min
- 0.00%
OKE
Energy industry group
65.84%
- Max
- 133.24%
- OKE
- 65.84%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MPC | OKE |
|---|---|---|
| Dividend Yield (TTM) | 1.09% | 4.96% |
| Dividend Payout Ratio (TTM) | 7.93% | 65.84% |
Valuation
P/E Ratio (TTM)
Marathon Petroleum (MPC) at 7.39 sits in the cheaper P/E ratio quartile, while ONEOK (OKE) at 13.23 is closer to its industry’s usual earnings multiple — a discount for MPC, though growth and earnings durability still matter.
MPC
Energy industry group
7.39
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- MPC
- 7.39
- Min
- 2.99
OKE
Energy industry group
13.23
- Max
- 39.54
- Q3
- 21.72
- OKE
- 13.23
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Marathon Petroleum (MPC) at 0.58 sits in the cheaper P/S ratio quartile while ONEOK (OKE) at 1.24 prices around its industry’s middle — MPC costs less per dollar of sales, though read it alongside growth and margins.
MPC
Energy industry group
0.58
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- MPC
- 0.58
- Min
- 0.00
OKE
Energy industry group
1.24
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- OKE
- 1.24
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
ONEOK (OKE) at 2.30 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.
MPC
Energy industry group
4.42
- MPC
- 4.42
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
OKE
Energy industry group
2.30
- Max
- 4.21
- Q3
- 2.38
- OKE
- 2.30
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | MPC | OKE |
|---|---|---|
| P/E Ratio (TTM) | 7.39 | 13.23 |
| P/S Ratio (TTM) | 0.58 | 1.24 |
| P/B Ratio (MRQ) | 4.42 | 2.30 |
| Free Cash Flow Yield (TTM) | 16.00% | 1.44% |