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Stock Comparison · Industry comparison · Oil & Gas Refining & Marketing

Marathon Petroleum vs Neste Oyj: Which Stock Looks Stronger in 2026?

Marathon Petroleum holds the cleaner structural position, with the lead spread across valuation and profitability. Neste Oyj does not offset that deficit through any equally strong structural edge elsewhere. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (MPC: Russell 1000, NESTE.HE: STOXX 600).

Updated 2026-05-17

The lead is spread across valuation and profitability, rather than sitting in one isolated gap. Marathon Petroleum Corporation leads by 29 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Oil & Gas Refining & Marketing

This comparison is based on industry proximity, not on functional trajectory similarity. MPC and NESTE.HE share the same industry classification.

For a similarity-based comparison, see how Marathon Petroleum and Neste Oyj each position within their functional peer groups in AssetNext.

Peer-Relative Score
MPC
Marathon Petroleum Corporation
64
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
NESTE.HE
Neste Oyj
35
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing and operating quality both support the lead here.

Dimension spread: MPC vs NESTE.HE Profitability 60 24 Stability 43 16 Valuation 79 40 Growth 69 63 MPC NESTE.HE
Gap Ranking
#1 Valuation +39
#2 Profitability +36
#3 Stability +27
#4 Growth +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for MPC and NESTE.HE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer MPCNESTE.HE Relative valuation Structural strength

Marathon Petroleum Corporation looks stronger both structurally and on relative valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where MPC and NESTE.HE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY MPC Elevated · above norm 0th 50th 100th 53 pct gap NESTE.HE Neutral · above norm 0th 50th 100th 99th 46th
Today NESTE.HE sits in the lower-middle of its own 5-year history (46th percentile), while MPC sits higher in its own history (99th). Within each stock's own 5-year context, NESTE.HE is at a historically more favourable entry position than MPC. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but Marathon Petroleum Corporation still holds a clear edge.
Profitability
On profitability, Marathon Petroleum Corporation is positioned higher in the group, while Neste Oyj is closer to the middle.
Valuation — Dominant Gap
MPC
79
NESTE.HE
40
Gap+39in favour of MPC

The multiple-based pricing edge comes from a forward P/E that is 2.6 turns lower.

What else supports the lead

Capital efficiency adds support, with a 12.1-point ROIC advantage.

What this means for the comparison

The lead is built on both valuation and profitability, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the MPC vs NESTE.HE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-profitability comparisons

Explore how MPC and NESTE.HE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.