TRP vs MPC vs WMB Stock Comparison

Tc Energy, Marathon Petroleum and Williams Companies Prices as of Oct 27, 2026 Peers: Industry group
TRP Tc Energy Corp
$62.88 +7.0% 1M +24.5% 1Y
Market cap
$65.45B
P/E
26.6x
Revenue (TTM)
$11.24B
Div. yield
5.55%
Oil and Gas Pipelines Energy
3 wins
MPC Marathon Petroleum Corp
$435.81 +10.8% 1M +122.1% 1Y
Market cap
$122.39B
P/E
14.7x
Revenue (TTM)
$156.18B
Div. yield
0.92%
Oil Refining Energy
7 wins
WMB Williams Companies, Inc.
$74.10 +7.0% 1M +28.5% 1Y
Market cap
$90.64B
P/E
26.8x
Revenue (TTM)
$12.20B
Div. yield
2.82%
Oil and Gas Pipelines Energy
2 wins

Head to Head

12 decided of 12

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

QuestionTRPMPCWMBLeader
Larger companyMarket capitalisation $65.45B $122.39B $90.64B MPC
Cheaper on earningsLower P/E, profitable companies only 26.6x 14.7x 26.8x MPC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.8x 6.4x 28.8x MPC
Faster revenue growthRevenue growth, trailing twelve months -1.0% +15.9% +8.7% MPC
More profitableNet margin, trailing twelve months 21.9% 5.5% 27.7% WMB
Better return on capitalReturn on invested capital 12.4% 19.7% — MPC
Less leveragedLower net debt / EBITDA 1.2x 1.5x 0.9x WMB
Higher dividend yieldTrailing dividend yield 5.55% 0.92% 2.82% TRP
Better 1-year returnPrice return, last 12 months +24.5% +122.1% +28.5% MPC
Better 5-year returnAnnualised price return, 5 years +2.8%/yr +45.6%/yr +21.1%/yr MPC
Less volatileAnnualised volatility, 1 year 19.7% 36.9% 25.0% TRP
Higher overall scoreMean of the five percentile scores vs peers 68/100 59/100 39/100 TRP

Percentile Scorecard

TRPMPCWMB

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

AxisTRPMPCWMB
Valuation 74 #10 of 35 32 #16 of 23 3 #34 of 35
Growth 33 #23 of 34 67 #7 of 19 42 #20 of 34
Profitability 97 #2 of 34 94 #2 of 18 76 #9 of 34
Financial Health 91 #4 of 35 57 #11 of 24 56 #16 of 35
Shareholder Returns 47 #17 of 31 47 #10 of 18 20 #25 of 31
Overall 68 59 39
  • TRP ranked among 35 companies in Oil and Gas Midstream
  • MPC ranked among 25 companies in Refining and Marketing
  • WMB 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

PeriodTRPMPCWMBSPY
1 month +7.0%+10.8%+7.0% -0.2%
3 months -7.1%+42.4%+5.6% +3.9%
6 months -0.1%+87.4%+1.5% +8.2%
Year to date +14.3%+168.0%+23.3% +12.9%
1 year +24.5%+122.1%+28.5% +12.3%
3 years +85.9%+198.5%+117.6% +87.4%
3 years, per year +23.0%+44.0%+29.6% +23.3%
5 years +15.0%+553.7%+160.7% +67.9%
5 years, per year +2.8%+45.6%+21.1% +10.9%
10 years +37.1%+918.0%+152.4% +261.1%
10 years, per year +3.2%+26.1%+9.7% +13.7%

Risk

MeasureTRPMPCWMBSPY
Volatility, 1Y 19.7%36.9%25.0% 12.7%
Downside volatility, 1Y 18.6%36.5%24.8% 12.7%
Beta vs S&P 500, 1Y -0.06-0.270.04 1.00
Return / volatility, 1Y 1.253.311.14 0.97
Max drawdown, 5Y -44.3%-45.9%-25.2% -25.4%
From 52-week high -11.3%-10.2%-6.7% -1.2%
52-week high $70.91$485.05$79.40 $779.14
52-week low $49.79$162.63$56.51 $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.

MultipleTRPMPCWMB
P/E now vs peer median 26.6xmedian 20.9x 14.7xmedian 9.2x 26.8xmedian 20.9x
P/S now vs peer median 5.8xmedian 2.7x 0.8xmedian 0.3x 7.4xmedian 2.7x
EV/EBITDA now vs peer median 8.6xmedian 11.0x 8.5xmedian 7.0x 13.9xmedian 11.0x
P/FCF now vs peer median 6.8xmedian 16.5x 9.5xmedian 8.9x -839.2xmedian 16.5x
P/B now vs peer median 3.4xmedian 2.6x 4.8xmedian 1.8x 6.9xmedian 2.6x
PEG now vs peer median 0.56median 1.95 -14.33median 0.34 3.25median 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 monthsTRPMPCWMB
Revenue $11.24B $156.18B $12.20B
Gross profit $11.08B $21.79B $10.12B
Operating income $6.82B $14.13B $4.66B
Net income $2.94B $10.31B $3.24B
Free cash flow $9.65B $12.90B -$108.00M
EPS (diluted) $2.37 $29.50 $2.76
Cash & equivalents $1.46B $7.77B $203.00M
Total debt $11.91B $33.26B $6.64B
Shares (diluted) 1.04B 290.00M 1.23B
Enterprise value $68.37B $112.78B $89.35B

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
MetricTRPMPCWMB
P/E 26.6x 14.7x 26.8x
P/FCF 6.8x 9.5x -839.2x
P/Operating cash flow 10.6x 7.1x 15.1x
P/S 5.8x 0.8x 7.4x
P/B 3.4x 4.8x 6.9x
P/Tangible book 3.4x 5.3x 6.9x
EV/EBITDA 8.6x 8.5x 13.9x
EV/EBIT 11.1x 10.5x 20.8x
EV/Revenue 6.8x 0.9x 8.0x
EV/FCF 7.9x 11.5x -898.8x
EV/Operating cash flow 12.2x 8.6x 16.2x
PEG (3Y EPS CAGR) 0.56 -14.33 3.25

Growth

14 metrics
MetricTRPMPCWMB
Revenue growth (1Y) -1.0% 15.9% 8.7%
Revenue CAGR (3Y) – -0.6% 2.0%
Gross profit growth (1Y) -1.1% 71.5% 12.4%
Gross profit CAGR (3Y) – -5.4% 5.1%
Operating income growth (1Y) -10.0% 163.0% 27.0%
Operating income CAGR (3Y) – -9.1% 4.2%
Net income growth (1Y) -17.9% 174.5% 26.2%
Net income CAGR (3Y) 52.5% -10.4% 5.4%
EPS growth (1Y) -19.4% 324.1% 39.2%
EPS CAGR (3Y) 47.4% -1.0% 8.2%
Operating cash flow growth (1Y) 14.6% 164.9% 12.2%
Operating cash flow CAGR (3Y) 4.4% 4.8% 2.3%
Free cash flow growth (1Y) -1.1% 253.7% -105.7%
Free cash flow CAGR (3Y) -5.1% 1.0% -26.8%

Profitability

14 metrics
MetricTRPMPCWMB
Gross margin 98.5% 14.0% 82.9%
EBITDA margin 78.8% 11.2% 57.3%
Operating margin 60.7% 9.0% 38.2%
Pretax margin 34.9% 8.2% 34.7%
Net margin 21.9% 5.5% 27.7%
FCF margin 85.9% 8.3% -0.9%
Operating cash flow margin 55.2% 11.0% 49.1%
Return on equity 12.6% 42.0% 24.7%
Return on assets – 11.3% 5.8%
Return on invested capital 12.4% 19.7% –
Return on capital employed – 22.1% 8.7%
Asset turnover – 1.7x 0.2x
Cash conversion (OCF / net income) 2.1x 1.7x 1.8x
Stock comp / revenue 0.0% – –

Financial Health

11 metrics
MetricTRPMPCWMB
Debt / assets – 35.3% 11.0%
Debt / equity 0.6x 1.3x 0.5x
Net debt / EBITDA 1.2x 1.5x 0.9x
Debt / FCF 1.2x 2.6x -61.5x
Liabilities / assets – 72.7% 78.2%
Equity / assets – 27.3% 21.8%
Interest coverage 2.8x 10.4x 3.1x
Current ratio – 1.3x 0.5x
Quick ratio – 0.9x 0.3x
Cash ratio – 0.3x 0.0x
Altman Z-score – 3.97 1.26

Shareholder Returns

7 metrics
MetricTRPMPCWMB
Dividend yield 5.6% 0.9% 2.8%
Net buyback yield -0.1% 4.0% –
Shareholder yield 5.5% 4.9% 2.8%
Payout ratio (earnings) 87.7% 11.3% –
Payout ratio (FCF) 26.7% 9.0% –
Dividend growth (1Y) 3.8% 2.8% –
Dividend CAGR (3Y) -8.5% -3.4% –

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.

ConsensusTRPMPCWMB
Forward P/E 24.8xFY2026 6.4xFY2026 28.8xFY2026
EPS, next fiscal year $2.54FY2026 $68.44FY2026 $2.57FY2026
EPS growth, next FY -0.8%FY2026 +539.6%FY2026 +22.4%FY2026
EPS growth, the year after +15.0% -13.2% -2.7%
Revenue, next fiscal year $10.85BFY2026 $192.95BFY2026 $12.71BFY2026
Revenue growth, next FY -2.2%FY2026 +42.7%FY2026 +6.4%FY2026
Revenue growth, the year after +4.3% -9.3% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTRPMPCWMB
Held by institutions 65.7% 75.7% 89.4%
Institutions holding 696 1,931 1,833
Change in shares held, QoQ -5.0% -0.3% +4.2%
Institutions buying 328 856 886
Institutions selling 216 699 658
Buyers to sellers 1.52 1.22 1.35

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.

TRPMPCWMB
TRP 1.00 0.21 0.62
MPC 0.21 1.00 0.28
WMB 0.62 0.28 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TRP, MPC and WMB?

Marathon Petroleum (MPC) is the largest by market capitalisation: Tc Energy (TRP) $65.45B, Marathon Petroleum (MPC) $122.39B, Williams Companies (WMB) $90.64B.

Which stock is cheaper, TRP, MPC and WMB?

Marathon Petroleum (MPC) trades on the lowest price-to-earnings ratio (Tc Energy (TRP) 26.6x, Marathon Petroleum (MPC) 14.7x, Williams Companies (WMB) 26.8x). On next year's consensus earnings, Marathon Petroleum (MPC) is cheapest (Tc Energy (TRP) 24.8x, Marathon Petroleum (MPC) 6.4x, Williams Companies (WMB) 28.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Marathon Petroleum (MPC) grew revenue fastest over the trailing twelve months: Tc Energy (TRP) -1.0%, Marathon Petroleum (MPC) +15.9%, Williams Companies (WMB) +8.7%.

Which company is more profitable?

Williams Companies (WMB) has the highest net margin (Tc Energy (TRP) 21.9%, Marathon Petroleum (MPC) 5.5%, Williams Companies (WMB) 27.7%). On return on invested capital, Marathon Petroleum (MPC) leads (Tc Energy (TRP) 12.4%, Marathon Petroleum (MPC) 19.7%).

Which stock has performed better?

Over the past year Marathon Petroleum (MPC) returned the most: Tc Energy (TRP) +24.5%, Marathon Petroleum (MPC) +122.1%, Williams Companies (WMB) +28.5%. Over five years, Marathon Petroleum (MPC) compounded fastest (Tc Energy (TRP) +2.8%/yr, Marathon Petroleum (MPC) +45.6%/yr, Williams Companies (WMB) +21.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Tc Energy (TRP) has the highest dividend yield: Tc Energy (TRP) 5.55%, Marathon Petroleum (MPC) 0.92%, Williams Companies (WMB) 2.82%.

Which stock is riskier?

By one-year price volatility, Tc Energy (TRP) has been the steadiest (Tc Energy (TRP) 19.7%, Marathon Petroleum (MPC) 36.9%, Williams Companies (WMB) 25.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TRP, MPC and WMB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Marathon Petroleum (MPC) 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.