MPC vs. TRP: Marathon Petroleum vs. TC Energy Stock Comparison
How do Marathon Petroleum (MPC) and TC Energy (TRP) 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 TC Energy (TRP) both belong to the Oil, Gas & Consumable Fuels industry, though MPC is classified under Oil & Gas Refining & Marketing while TRP falls under Oil & Gas Storage & Transportation.
| Profile Item | MPC | TRP |
|---|---|---|
| Name | Marathon Petroleum Corp. | TC Energy Corporation |
| 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 | 64.51 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 24, 2011 | September 20, 1982 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MPC | TRP |
|---|---|---|
| Total Return (1Y) | 104.94% | 24.67% |
| Total Return (3Y, Annualized) | 42.97% | 26.02% |
| Total Return (5Y, Annualized) | 45.42% | 9.85% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MPC | TRP |
|---|---|---|
| Volatility (1Y, Annualized) | 37.53% | 19.39% |
| Beta (5Y) | 0.56 | 0.64 |
| Max Drawdown (5Y) | -44.75% | -38.98% |
| Avg. Volume (3M) | 2.56M | 2.56M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MPC | TRP |
|---|---|---|
| Sharpe Ratio (1Y) | 2.68 | 1.05 |
| Sortino Ratio (1Y) | 4.10 | 1.61 |
Profitability
ROE (TTM)
Marathon Petroleum (MPC) at 60.46% clears its industry range for ROE, a sharper capital-efficiency signal than TC Energy (TRP) at 12.15%, 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%
TRP
Energy industry group
12.15%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- TRP
- 12.15%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
TC Energy (TRP) at 25.05% 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%
TRP
Energy industry group
25.05%
- Max
- 56.92%
- TRP
- 25.05%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
TC Energy (TRP) at 41.66% operates in the top operating margin quartile, ahead of Marathon Petroleum (MPC) at 17.98%, which runs around its industry’s norm.
MPC
Energy industry group
17.98%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- MPC
- 17.98%
- Q1
- 6.94%
- Min
- -24.52%
TRP
Energy industry group
41.66%
- Max
- 71.31%
- TRP
- 41.66%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | MPC | TRP |
|---|---|---|
| ROE (TTM) | 60.46% | 12.15% |
| ROA (TTM) | 13.75% | 3.70% |
| Net Margin (TTM) | 8.34% | 25.05% |
| Operating Margin (TTM) | 17.98% | 41.66% |
| Gross Margin (TTM) | 16.20% | 70.07% |
Growth
Revenue Growth
Both Marathon Petroleum (MPC) at -4.44% and TC Energy (TRP) at 10.66% 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 TC Energy (TRP) at -26.19% is closer to the peer norm — faster per-share earnings growth for MPC.
Growth Metrics
| Metric | MPC | TRP |
|---|---|---|
| Revenue Growth (YoY) | -4.44% | 10.66% |
| Revenue Growth (3Y CAGR) | -9.23% | 7.38% |
| EPS Growth (YoY) | 31.15% | -26.19% |
| EPS Growth (3Y CAGR) | -22.24% | 72.24% |
Financial Strength
Current Ratio (MRQ)
Marathon Petroleum (MPC) at 1.45 keeps current ratio within its industry’s typical mid-range, while TC Energy (TRP) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TRP.
MPC
Energy industry group
1.45
- Max
- 3.64
- Q3
- 2.21
- MPC
- 1.45
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
TRP
Energy industry group
0.57
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- TRP
- 0.57
- Min
- 0.24
Debt / Equity (MRQ)
Both Marathon Petroleum (MPC) at 1.15 and TC Energy (TRP) at 1.68 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
MPC
Energy industry group
1.15
- Max
- 1.75
- MPC
- 1.15
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
TRP
Energy industry group
1.68
- Max
- 1.75
- TRP
- 1.68
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | MPC | TRP |
|---|---|---|
| Current Ratio (MRQ) | 1.45 | 0.57 |
| Debt / Equity (MRQ) | 1.15 | 1.68 |
| Net Debt / EBITDA | 0.88 | 6.08 |
Dividends
Dividend Yield (TTM)
TC Energy (TRP) at 5.57% delivers top-quartile income for its industry, while Marathon Petroleum (MPC) at 1.09% pays a more typical yield — both are credible income propositions, TRP 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%
TRP
Energy industry group
5.57%
- Max
- 8.57%
- TRP
- 5.57%
- 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 TC Energy (TRP) at 93.87% 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%
TRP
Energy industry group
93.87%
- Max
- 133.24%
- TRP
- 93.87%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MPC | TRP |
|---|---|---|
| Dividend Yield (TTM) | 1.09% | 5.57% |
| Dividend Payout Ratio (TTM) | 7.93% | 93.87% |
Valuation
P/E Ratio (TTM)
Marathon Petroleum (MPC) at 7.39 sits in the cheaper P/E ratio quartile, while TC Energy (TRP) at 23.19 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
MPC
Energy industry group
7.39
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- MPC
- 7.39
- Min
- 2.99
TRP
Energy industry group
23.19
- Max
- 39.54
- TRP
- 23.19
- Q3
- 21.72
- 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 TC Energy (TRP) at 4.03 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
TRP
Energy industry group
4.03
- Max
- 5.40
- TRP
- 4.03
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: TC Energy (TRP) at 3.54 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
TRP
Energy industry group
3.54
- Max
- 4.21
- TRP
- 3.54
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | MPC | TRP |
|---|---|---|
| P/E Ratio (TTM) | 7.39 | 23.19 |
| P/S Ratio (TTM) | 0.58 | 4.03 |
| P/B Ratio (MRQ) | 4.42 | 3.54 |
| Free Cash Flow Yield (TTM) | 16.00% | 0.77% |