Stocks Comparison
Chevron vs Marathon Petroleum: revenue, profit, margins and growth compared
Chevron brought in $189B of revenue in fiscal 2025, Marathon Petroleum $132.7B in fiscal 2025. Revenue changed by -6.8% at Chevron and -4.4% at Marathon Petroleum on the year before, so Marathon Petroleum grew faster. Chevron kept 6.5% of its revenue as net profit, Marathon Petroleum 3.0%. Free cash flow was $16.6B at Chevron and $4.8B at Marathon Petroleum.
Side by side, latest fiscal year
| CVX | MPC | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $189B | $132.7B |
| Revenue growth | -6.8% | -4.4% |
| Net income | $12.3B | $4B |
| Net margin | 6.5% | 3.0% |
| Free cash flow | $16.6B | $4.8B |
| Free cash flow margin | 8.8% | 3.6% |
| Earnings per share (diluted) | $6.63 | $13.22 |
| Cash | $7.3B | $3.7B |
| Debt | $2.3B | $33.3B |
| Price to earnings | 30.8 | 29.8 |
| Market value | $403.9B | $110.5B |
| Dividend yield | 3.35% | 0.95% |
| Rank by revenue in sector | #2 of 129 · Energy | #3 of 129 · Energy |
Over the years
Questions about Chevron and Marathon Petroleum
Which is bigger by revenue, Chevron or Marathon Petroleum?
Chevron is bigger by revenue: $189B in fiscal 2025, against $132.7B for Marathon Petroleum in fiscal 2025.
Which keeps more of its revenue as profit, Chevron or Marathon Petroleum?
Chevron had a net margin of 6.5% in fiscal 2025; Marathon Petroleum had 3.0% in fiscal 2025.
Which grew revenue faster, Chevron or Marathon Petroleum?
In their latest fiscal years revenue changed by -6.8% at Chevron and -4.4% at Marathon Petroleum.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.