MPC vs. PBA: Marathon Petroleum vs. Pembina Pipeline Stock Comparison
How do Marathon Petroleum (MPC) and Pembina Pipeline (PBA) 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 Pembina Pipeline (PBA) both belong to the Oil, Gas & Consumable Fuels industry, though MPC is classified under Oil & Gas Refining & Marketing while PBA falls under Oil & Gas Storage & Transportation.
| Profile Item | MPC | PBA |
|---|---|---|
| Name | Marathon Petroleum Corp. | Pembina Pipeline Corp. |
| Country/Region | United States | Canada |
| 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 | 28.08 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 24, 2011 | October 6, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MPC | PBA |
|---|---|---|
| Total Return (1Y) | 104.94% | 35.84% |
| Total Return (3Y, Annualized) | 42.97% | 20.26% |
| Total Return (5Y, Annualized) | 45.42% | 12.46% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MPC | PBA |
|---|---|---|
| Volatility (1Y, Annualized) | 37.53% | 20.43% |
| Beta (5Y) | 0.56 | 0.59 |
| Max Drawdown (5Y) | -44.75% | -27.37% |
| Avg. Volume (3M) | 2.56M | 993.87K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MPC | PBA |
|---|---|---|
| Sharpe Ratio (1Y) | 2.68 | 1.54 |
| Sortino Ratio (1Y) | 4.10 | 2.32 |
Profitability
ROE (TTM)
Marathon Petroleum (MPC) at 60.46% clears its industry range for ROE, a sharper capital-efficiency signal than Pembina Pipeline (PBA) at 12.10%, 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%
PBA
Energy industry group
12.10%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- PBA
- 12.10%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Pembina Pipeline (PBA) at 24.78% retains a top-quartile share of revenue as profit, ahead of Marathon Petroleum (MPC) at 8.34%, which keeps about the industry-typical share.
MPC
Energy industry group
8.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- MPC
- 8.34%
- Q1
- 0.07%
- Min
- -27.38%
PBA
Energy industry group
24.78%
- Max
- 56.92%
- PBA
- 24.78%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Marathon Petroleum (MPC) at 17.98% and Pembina Pipeline (PBA) at 32.63% 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%
PBA
Energy industry group
32.63%
- Max
- 71.31%
- Q3
- 33.75%
- PBA
- 32.63%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | MPC | PBA |
|---|---|---|
| ROE (TTM) | 60.46% | 12.10% |
| ROA (TTM) | 13.75% | 4.65% |
| Net Margin (TTM) | 8.34% | 24.78% |
| Operating Margin (TTM) | 17.98% | 32.63% |
| Gross Margin (TTM) | 16.20% | 38.23% |
Growth
Revenue Growth
Both Marathon Petroleum (MPC) at -4.44% and Pembina Pipeline (PBA) at 5.34% 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 Pembina Pipeline (PBA) at -11.33% is closer to the peer norm — faster per-share earnings growth for MPC.
Growth Metrics
| Metric | MPC | PBA |
|---|---|---|
| Revenue Growth (YoY) | -4.44% | 5.34% |
| Revenue Growth (3Y CAGR) | -9.23% | -12.50% |
| EPS Growth (YoY) | 31.15% | -11.33% |
| EPS Growth (3Y CAGR) | -22.24% | -19.61% |
Financial Strength
Current Ratio (MRQ)
Marathon Petroleum (MPC) at 1.45 keeps current ratio within its industry’s typical mid-range, while Pembina Pipeline (PBA) at 0.75 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PBA.
MPC
Energy industry group
1.45
- Max
- 3.64
- Q3
- 2.21
- MPC
- 1.45
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
PBA
Energy industry group
0.75
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- PBA
- 0.75
- Min
- 0.24
Debt / Equity (MRQ)
Pembina Pipeline (PBA) at 0.80 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
PBA
Energy industry group
0.80
- Max
- 1.75
- Q3
- 0.93
- PBA
- 0.80
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | MPC | PBA |
|---|---|---|
| Current Ratio (MRQ) | 1.45 | 0.75 |
| Debt / Equity (MRQ) | 1.15 | 0.80 |
| Net Debt / EBITDA | 0.88 | 3.74 |
Dividends
Dividend Yield (TTM)
Pembina Pipeline (PBA) at 6.13% delivers top-quartile income for its industry, while Marathon Petroleum (MPC) at 1.09% pays a more typical yield — both are credible income propositions, PBA 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%
PBA
Energy industry group
6.13%
- Max
- 8.57%
- PBA
- 6.13%
- 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 Pembina Pipeline (PBA) at 86.79% 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%
PBA
Energy industry group
86.79%
- Max
- 133.24%
- PBA
- 86.79%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MPC | PBA |
|---|---|---|
| Dividend Yield (TTM) | 1.09% | 6.13% |
| Dividend Payout Ratio (TTM) | 7.93% | 86.79% |
Valuation
P/E Ratio (TTM)
Marathon Petroleum (MPC) at 7.39 sits in the cheaper P/E ratio quartile, while Pembina Pipeline (PBA) at 20.12 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
PBA
Energy industry group
20.12
- Max
- 39.54
- Q3
- 21.72
- PBA
- 20.12
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Marathon Petroleum (MPC) at 0.58 looks cheap on sales in the lower P/S ratio quartile, while Pembina Pipeline (PBA) at 3.36 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
MPC
Energy industry group
0.58
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- MPC
- 0.58
- Min
- 0.00
PBA
Energy industry group
3.36
- Max
- 5.40
- PBA
- 3.36
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Pembina Pipeline (PBA) at 2.55 sits in the upper P/B ratio quartile, and Marathon Petroleum (MPC) at 4.42 prices even higher, above its industry range.
MPC
Energy industry group
4.42
- MPC
- 4.42
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
PBA
Energy industry group
2.55
- Max
- 4.21
- PBA
- 2.55
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | MPC | PBA |
|---|---|---|
| P/E Ratio (TTM) | 7.39 | 20.12 |
| P/S Ratio (TTM) | 0.58 | 3.36 |
| P/B Ratio (MRQ) | 4.42 | 2.55 |
| Free Cash Flow Yield (TTM) | 16.00% | 5.53% |