ABT vs. CVX: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ABT and CVX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ABT’s market capitalization stands at 233.90 billion USD, while CVX’s is 259.11 billion USD, indicating their market valuations are broadly comparable.
With betas of 0.74 for ABT and 0.80 for CVX, both stocks show similar sensitivity to overall market movements.
| Symbol | ABT | CVX |
|---|---|---|
| Company Name | Abbott Laboratories | Chevron Corporation |
| Country | US | US |
| Sector | Healthcare | Energy |
| Industry | Medical - Devices | Oil & Gas Integrated |
| CEO | Robert B. Ford | Michael K. Wirth |
| Price | 134.44 USD | 148.37 USD |
| Market Cap | 233.90 billion USD | 259.11 billion USD |
| Beta | 0.74 | 0.80 |
| Exchange | NYSE | NYSE |
| IPO Date | March 17, 1980 | June 24, 1921 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ABT and CVX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ABT
30.76%
Medical - Devices Industry
- Max
- 49.04%
- Q3
- 9.53%
- Median
- -7.46%
- Q1
- -32.83%
- Min
- -82.64%
In the upper quartile for the Medical - Devices industry, ABT’s Return on Equity of 30.76% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
CVX
10.16%
Oil & Gas Integrated Industry
- Max
- 20.46%
- Q3
- 15.43%
- Median
- 12.48%
- Q1
- 8.43%
- Min
- -1.92%
CVX’s Return on Equity of 10.16% is on par with the norm for the Oil & Gas Integrated industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
ABT
19.13%
Medical - Devices Industry
- Max
- 21.88%
- Q3
- 6.63%
- Median
- -1.11%
- Q1
- -21.08%
- Min
- -51.95%
In the upper quartile for the Medical - Devices industry, ABT’s Return on Invested Capital of 19.13% signifies a highly effective use of its capital to generate profits when compared to its peers.
CVX
3.09%
Oil & Gas Integrated Industry
- Max
- 12.91%
- Q3
- 9.65%
- Median
- 7.06%
- Q1
- 3.79%
- Min
- -0.29%
CVX’s Return on Invested Capital of 3.09% is in the lower quartile for the Oil & Gas Integrated industry. This indicates a less efficient conversion of invested capital into profit compared to most of its competitors.
Net Profit Margin
ABT
31.89%
Medical - Devices Industry
- Max
- 44.80%
- Q3
- 9.77%
- Median
- -5.53%
- Q1
- -29.37%
- Min
- -87.68%
A Net Profit Margin of 31.89% places ABT in the upper quartile for the Medical - Devices industry, signifying strong profitability and more effective cost management than most of its peers.
CVX
8.06%
Oil & Gas Integrated Industry
- Max
- 11.33%
- Q3
- 9.89%
- Median
- 8.06%
- Q1
- 4.82%
- Min
- -0.64%
CVX’s Net Profit Margin of 8.06% is aligned with the median group of its peers in the Oil & Gas Integrated industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
ABT
16.97%
Medical - Devices Industry
- Max
- 30.13%
- Q3
- 13.12%
- Median
- 3.47%
- Q1
- -24.42%
- Min
- -80.56%
An Operating Profit Margin of 16.97% places ABT in the upper quartile for the Medical - Devices industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
CVX
5.72%
Oil & Gas Integrated Industry
- Max
- 30.12%
- Q3
- 21.81%
- Median
- 9.73%
- Q1
- 7.69%
- Min
- 4.28%
CVX’s Operating Profit Margin of 5.72% is in the lower quartile for the Oil & Gas Integrated industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
Profitability at a Glance
| Symbol | ABT | CVX |
|---|---|---|
| Return on Equity (TTM) | 30.76% | 10.16% |
| Return on Assets (TTM) | 16.58% | 6.11% |
| Return on Invested Capital (TTM) | 19.13% | 3.09% |
| Net Profit Margin (TTM) | 31.89% | 8.06% |
| Operating Profit Margin (TTM) | 16.97% | 5.72% |
| Gross Profit Margin (TTM) | 55.89% | 27.53% |
Financial Strength
Current Ratio
ABT
1.78
Medical - Devices Industry
- Max
- 12.68
- Q3
- 6.30
- Median
- 4.05
- Q1
- 1.85
- Min
- 0.01
ABT’s Current Ratio of 1.78 falls into the lower quartile for the Medical - Devices industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
CVX
1.08
Oil & Gas Integrated Industry
- Max
- 1.54
- Q3
- 1.42
- Median
- 1.24
- Q1
- 0.93
- Min
- 0.41
CVX’s Current Ratio of 1.08 aligns with the median group of the Oil & Gas Integrated industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
ABT
0.27
Medical - Devices Industry
- Max
- 2.34
- Q3
- 1.09
- Median
- 0.37
- Q1
- 0.08
- Min
- 0.00
ABT’s Debt-to-Equity Ratio of 0.27 is typical for the Medical - Devices industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
CVX
0.20
Oil & Gas Integrated Industry
- Max
- 1.22
- Q3
- 0.83
- Median
- 0.46
- Q1
- 0.26
- Min
- 0.14
Falling into the lower quartile for the Oil & Gas Integrated industry, CVX’s Debt-to-Equity Ratio of 0.20 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio
ABT
15.39
Medical - Devices Industry
- Max
- 18.18
- Q3
- 7.53
- Median
- 0.85
- Q1
- -9.80
- Min
- -33.94
ABT’s Interest Coverage Ratio of 15.39 is in the upper quartile for the Medical - Devices industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
CVX
16.16
Oil & Gas Integrated Industry
- Max
- 33.34
- Q3
- 16.73
- Median
- 9.99
- Q1
- 4.43
- Min
- 1.03
CVX’s Interest Coverage Ratio of 16.16 is positioned comfortably within the norm for the Oil & Gas Integrated industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | ABT | CVX |
|---|---|---|
| Current Ratio (TTM) | 1.78 | 1.08 |
| Quick Ratio (TTM) | 1.27 | 0.82 |
| Debt-to-Equity Ratio (TTM) | 0.27 | 0.20 |
| Debt-to-Asset Ratio (TTM) | 0.16 | 0.12 |
| Net Debt-to-EBITDA Ratio (TTM) | 0.60 | 0.57 |
| Interest Coverage Ratio (TTM) | 15.39 | 16.16 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ABT and CVX. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ABT
1.70%
Medical - Devices Industry
- Max
- 3.57%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 1.70%, ABT offers a more attractive income stream than most of its peers in the Medical - Devices industry, signaling a strong commitment to shareholder returns.
CVX
4.50%
Oil & Gas Integrated Industry
- Max
- 18.27%
- Q3
- 6.79%
- Median
- 4.63%
- Q1
- 3.87%
- Min
- 0.00%
CVX’s Dividend Yield of 4.50% is consistent with its peers in the Oil & Gas Integrated industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
ABT
28.92%
Medical - Devices Industry
- Max
- 102.12%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ABT’s Dividend Payout Ratio of 28.92% is in the upper quartile for the Medical - Devices industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
CVX
75.18%
Oil & Gas Integrated Industry
- Max
- 470.85%
- Q3
- 105.45%
- Median
- 60.50%
- Q1
- 47.51%
- Min
- 0.00%
CVX’s Dividend Payout Ratio of 75.18% is within the typical range for the Oil & Gas Integrated industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | ABT | CVX |
|---|---|---|
| Dividend Yield (TTM) | 1.70% | 4.50% |
| Dividend Payout Ratio (TTM) | 28.92% | 75.18% |
Valuation
Price-to-Earnings Ratio
ABT
17.40
Medical - Devices Industry
- Max
- 90.56
- Q3
- 56.92
- Median
- 43.19
- Q1
- 21.79
- Min
- 5.55
In the lower quartile for the Medical - Devices industry, ABT’s P/E Ratio of 17.40 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
CVX
16.52
Oil & Gas Integrated Industry
- Max
- 16.54
- Q3
- 15.68
- Median
- 11.70
- Q1
- 10.25
- Min
- 5.34
A P/E Ratio of 16.52 places CVX in the upper quartile for the Oil & Gas Integrated industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Forward P/E to Growth Ratio
ABT
1.73
Medical - Devices Industry
- Max
- 6.56
- Q3
- 3.52
- Median
- 2.22
- Q1
- 0.55
- Min
- 0.03
ABT’s Forward PEG Ratio of 1.73 is within the middle range of its peers in the Medical - Devices industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
CVX
1.27
Oil & Gas Integrated Industry
- Max
- 1.80
- Q3
- 1.60
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.46
The Forward PEG Ratio is often not a primary valuation metric in the Oil & Gas Integrated industry.
Price-to-Sales Ratio
ABT
5.52
Medical - Devices Industry
- Max
- 15.74
- Q3
- 8.12
- Median
- 3.40
- Q1
- 2.37
- Min
- 0.42
ABT’s P/S Ratio of 5.52 aligns with the market consensus for the Medical - Devices industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
CVX
1.33
Oil & Gas Integrated Industry
- Max
- 1.39
- Q3
- 1.23
- Median
- 0.82
- Q1
- 0.61
- Min
- 0.42
CVX’s P/S Ratio of 1.33 is in the upper echelon for the Oil & Gas Integrated industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
ABT
4.81
Medical - Devices Industry
- Max
- 16.65
- Q3
- 8.03
- Median
- 3.73
- Q1
- 1.92
- Min
- 0.65
ABT’s P/B Ratio of 4.81 is within the conventional range for the Medical - Devices industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
CVX
1.73
Oil & Gas Integrated Industry
- Max
- 2.27
- Q3
- 1.77
- Median
- 1.38
- Q1
- 1.17
- Min
- 0.71
CVX’s P/B Ratio of 1.73 is within the conventional range for the Oil & Gas Integrated industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | ABT | CVX |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 17.40 | 16.52 |
| Forward PEG Ratio (TTM) | 1.73 | 1.27 |
| Price-to-Sales Ratio (P/S, TTM) | 5.52 | 1.33 |
| Price-to-Book Ratio (P/B, TTM) | 4.81 | 1.73 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 35.14 | 19.00 |
| EV-to-EBITDA (TTM) | 21.49 | 6.52 |
| EV-to-Sales (TTM) | 5.68 | 1.46 |