DINO vs MPLX vs TRP Stock Comparison

HF Sinclair, Mplx and Tc Energy Prices as of Oct 27, 2026 Peers: Industry group
DINO HF Sinclair Corp
$114.07 +6.8% 1M +108.4% 1Y
Market cap
$20.28B
P/E
10.6x
Revenue (TTM)
$31.23B
Div. yield
0.02%
Oil Refining Energy
7 wins
MPLX Mplx Lp
$58.09 +2.3% 1M +14.3% 1Y
Market cap
$59.70B
P/E
12.6x
Revenue (TTM)
$13.22B
Div. yield
0.07%
Oil and Gas Pipelines Energy
3 wins
TRP Tc Energy Corp
$62.88 +7.0% 1M +24.5% 1Y
Market cap
$65.83B
P/E
26.8x
Revenue (TTM)
$11.24B
Div. yield
-0.04%
Oil and Gas Pipelines Energy
2 wins

Head to Head

12 decided of 12

HF Sinclair leads on 7 of the 12 questions below (HF Sinclair 7, Mplx 3, Tc Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDINOMPLXTRPLeader
Larger companyMarket capitalisation $20.28B $59.70B $65.83B TRP
Cheaper on earningsLower P/E, profitable companies only 10.6x 12.6x 26.8x DINO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.4x 14.2x 24.8x DINO
Faster revenue growthRevenue growth, trailing twelve months +16.3% +8.7% -1.0% DINO
More profitableNet margin, trailing twelve months 6.1% 35.8% 21.9% MPLX
Better return on capitalReturn on invested capital 15.5% 14.6% 12.4% DINO
Less leveragedLower net debt / EBITDA 0.1x 3.4x 1.2x DINO
Higher dividend yieldTrailing dividend yield 0.02% 0.07% -0.04% MPLX
Better 1-year returnPrice return, last 12 months +108.4% +14.3% +24.5% DINO
Better 5-year returnAnnualised price return, 5 years +27.4%/yr +13.8%/yr +2.8%/yr DINO
Less volatileAnnualised volatility, 1 year 40.9% 17.1% 19.7% MPLX
Higher overall scoreMean of the five percentile scores vs peers 67/100 59/100 68/100 TRP

Percentile Scorecard

DINOMPLXTRP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDINOMPLXTRP
Valuation 50 #12 of 23 41 #21 of 35 74 #10 of 35
Growth 72 #6 of 19 27 #25 of 34 33 #23 of 34
Profitability 71 #6 of 18 94 #3 of 34 97 #2 of 34
Financial Health 91 #3 of 24 62 #14 of 35 91 #4 of 35
Shareholder Returns 53 #9 of 18 70 #10 of 31 47 #17 of 31
Overall 67 59 68
  • DINO ranked among 25 companies in Refining and Marketing
  • MPLX ranked among 35 companies in Oil and Gas Midstream
  • TRP ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDINOMPLXTRPSPY
1 month +6.8%+2.3%+7.0% -0.2%
3 months +27.7%-1.9%-7.1% +3.9%
6 months +81.8%+5.5%-0.1% +8.2%
Year to date +147.5%+8.8%+14.3% +12.9%
1 year +108.4%+14.3%+24.5% +12.3%
3 years +113.7%+62.8%+85.9% +87.4%
3 years, per year +28.8%+17.6%+23.0% +23.3%
5 years +235.7%+90.5%+15.0% +67.9%
5 years, per year +27.4%+13.8%+2.8% +10.9%
10 years +371.0%+72.4%+37.1% +261.1%
10 years, per year +16.8%+5.6%+3.2% +13.7%

Risk

MeasureDINOMPLXTRPSPY
Volatility, 1Y 40.9%17.1%19.7% 12.7%
Downside volatility, 1Y 40.3%17.9%18.6% 12.7%
Beta vs S&P 500, 1Y -0.28-0.05-0.06 1.00
Return / volatility, 1Y 2.650.841.25 0.97
Max drawdown, 5Y -60.5%-20.1%-44.3% -25.4%
From 52-week high -11.0%-3.9%-11.3% -1.2%
52-week high $128.23$60.43$70.91 $779.14
52-week low $45.88$50.29$49.79 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDINOMPLXTRP
P/E now vs peer median 10.7xmedian 9.2x 12.5xmedian 20.9x 26.6xmedian 20.9x
P/S now vs peer median 0.6xmedian 0.3x 4.5xmedian 2.7x 5.8xmedian 2.7x
EV/EBITDA now vs peer median 5.9xmedian 7.0x 11.4xmedian 11.0x 8.6xmedian 11.0x
P/FCF now vs peer median 8.8xmedian 8.9x 17.7xmedian 16.5x 6.8xmedian 16.5x
P/B now vs peer median 2.0xmedian 1.8x 4.1xmedian 2.6x 3.4xmedian 2.6x
PEG now vs peer median -2.09median 0.34 2.39median 1.95 0.56median 1.95

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDINOMPLXTRP
Revenue $31.23B $13.22B $11.24B
Gross profit $4.03B $11.61B $11.08B
Operating income $2.59B $5.88B $6.82B
Net income $1.92B $4.77B $2.94B
Free cash flow $2.31B $3.34B $9.65B
EPS (diluted) $10.67 $4.66 $2.37
Cash & equivalents $2.26B $1.03B $1.46B
Total debt $2.77B $26.01B $11.91B
Shares (diluted) 179.42M 1.02B 1.04B
Enterprise value $14.44B $53.26B $61.92B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDINOMPLXTRP
P/E 10.7x 12.5x 26.6x
P/FCF 8.8x 17.7x 6.8x
P/Operating cash flow 7.3x 9.9x 10.6x
P/S 0.6x 4.5x 5.8x
P/B 2.0x 4.1x 3.4x
P/Tangible book 2.1x 4.6x 3.4x
EV/EBITDA 5.9x 11.4x 8.6x
EV/EBIT 8.0x 14.3x 11.1x
EV/Revenue 0.7x 6.3x 6.8x
EV/FCF 9.0x 25.1x 7.9x
EV/Operating cash flow 7.5x 14.0x 12.2x
PEG (3Y EPS CAGR) -2.09 2.39 0.56

Growth

14 metrics
MetricDINOMPLXTRP
Revenue growth (1Y) 16.3% 8.7% -1.0%
Revenue CAGR (3Y) -3.7% 4.9% –
Gross profit growth (1Y) 192.6% 9.5% -1.1%
Gross profit CAGR (3Y) -0.3% 2.5% –
Operating income growth (1Y) 28,633% 11.4% -10.0%
Operating income CAGR (3Y) -8.4% 4.8% –
Net income growth (1Y) 2,443% 9.6% -17.9%
Net income CAGR (3Y) -8.7% 4.7% 52.5%
EPS growth (1Y) 2,435% 10.6% -19.4%
EPS CAGR (3Y) -5.1% 5.2% 47.4%
Operating cash flow growth (1Y) 160.9% -1.6% 14.6%
Operating cash flow CAGR (3Y) 4.3% 5.6% 4.4%
Free cash flow growth (1Y) 303.5% -32.1% -1.1%
Free cash flow CAGR (3Y) 4.2% -6.8% -5.1%

Profitability

14 metrics
MetricDINOMPLXTRP
Gross margin 12.9% 87.8% 98.5%
EBITDA margin 11.2% 55.4% 78.8%
Operating margin 8.3% 44.4% 60.7%
Pretax margin 8.0% 36.1% 34.9%
Net margin 6.1% 35.8% 21.9%
FCF margin 7.4% 25.2% 85.9%
Operating cash flow margin 8.9% 45.2% 55.2%
Return on equity 19.1% 33.4% 12.6%
Return on assets 10.3% 11.1% –
Return on invested capital 15.5% 14.6% 12.4%
Return on capital employed 17.4% 14.8% –
Asset turnover 1.7x 0.3x –
Cash conversion (OCF / net income) 1.4x 1.3x 2.1x
Stock comp / revenue 0.1% – 0.0%

Financial Health

11 metrics
MetricDINOMPLXTRP
Debt / assets 14.6% 60.5% –
Debt / equity 0.3x 1.8x 0.6x
Net debt / EBITDA 0.1x 3.4x 1.2x
Debt / FCF 1.2x 7.8x 1.2x
Liabilities / assets 45.5% 66.8% –
Equity / assets 54.5% 33.2% –
Interest coverage 14.7x 5.3x 2.8x
Current ratio 2.0x 0.9x –
Quick ratio 1.1x 0.8x –
Cash ratio 0.6x 0.3x –
Altman Z-score 4.23 – –

Shareholder Returns

7 metrics
MetricDINOMPLXTRP
Dividend yield 1.8% 7.4% 5.6%
Net buyback yield 2.8% 0.5% -0.1%
Shareholder yield 4.5% 7.9% 5.5%
Payout ratio (earnings) 19.1% 89.3% 87.7%
Payout ratio (FCF) 15.8% 127.5% 26.7%
Dividend growth (1Y) -3.9% 12.3% 3.8%
Dividend CAGR (3Y) 2.4% 11.8% -8.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDINOMPLXTRP
Forward P/E 6.4xFY2026 14.2xFY2026 24.8xFY2026
EPS, next fiscal year $17.89FY2026 $4.10FY2026 $2.54FY2026
EPS growth, next FY +253.6%FY2026 -14.9%FY2026 -0.8%FY2026
EPS growth, the year after -19.8% +13.7% +15.0%
Revenue, next fiscal year $35.97BFY2026 $13.68BFY2026 $10.85BFY2026
Revenue growth, next FY +33.9%FY2026 +5.2%FY2026 -2.2%FY2026
Revenue growth, the year after -3.9% -4.0% +4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDINOMPLXTRP
Held by institutions 86.6% 18.8% 65.7%
Institutions holding 682 625 696
Change in shares held, QoQ +5.5% -3.3% -5.0%
Institutions buying 357 301 328
Institutions selling 242 144 216
Buyers to sellers 1.48 2.09 1.52

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DINOMPLXTRP
DINO 1.00 0.05 0.16
MPLX 0.05 1.00 0.40
TRP 0.16 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DINO, MPLX and TRP?

Tc Energy (TRP) is the largest by market capitalisation: HF Sinclair (DINO) $20.28B, Mplx (MPLX) $59.70B, Tc Energy (TRP) $65.83B.

Which stock is cheaper, DINO, MPLX and TRP?

HF Sinclair (DINO) trades on the lowest price-to-earnings ratio (HF Sinclair (DINO) 10.6x, Mplx (MPLX) 12.6x, Tc Energy (TRP) 26.8x). On next year's consensus earnings, HF Sinclair (DINO) is cheapest (HF Sinclair (DINO) 6.4x, Mplx (MPLX) 14.2x, Tc Energy (TRP) 24.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

HF Sinclair (DINO) grew revenue fastest over the trailing twelve months: HF Sinclair (DINO) +16.3%, Mplx (MPLX) +8.7%, Tc Energy (TRP) -1.0%.

Which company is more profitable?

Mplx (MPLX) has the highest net margin (HF Sinclair (DINO) 6.1%, Mplx (MPLX) 35.8%, Tc Energy (TRP) 21.9%). On return on invested capital, HF Sinclair (DINO) leads (HF Sinclair (DINO) 15.5%, Mplx (MPLX) 14.6%, Tc Energy (TRP) 12.4%).

Which stock has performed better?

Over the past year HF Sinclair (DINO) returned the most: HF Sinclair (DINO) +108.4%, Mplx (MPLX) +14.3%, Tc Energy (TRP) +24.5%. Over five years, HF Sinclair (DINO) compounded fastest (HF Sinclair (DINO) +27.4%/yr, Mplx (MPLX) +13.8%/yr, Tc Energy (TRP) +2.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Mplx (MPLX) has the highest dividend yield: HF Sinclair (DINO) 0.02%, Mplx (MPLX) 0.07%, Tc Energy (TRP) -0.04%. Tc Energy (TRP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mplx (MPLX) has been the steadiest (HF Sinclair (DINO) 40.9%, Mplx (MPLX) 17.1%, Tc Energy (TRP) 19.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DINO, MPLX and TRP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, HF Sinclair (DINO) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.