BP vs. CVX: BP vs. Chevron Stock Comparison

September 7, 2026

How do BP (BP) and Chevron (CVX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BP (BP) and Chevron (CVX) are both classified in the Integrated Oil & Gas sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.

Chevron (CVX) trades as ordinary local shares, while BP (BP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for BP (BP) and Chevron (CVX)
Profile Item	BP	CVX
Name	BP Plc Sponsored ADR	Chevron Corp.
Country/Region	United Kingdom	United States
GICS Sector	Energy	Energy
GICS Industry Group	Energy	Energy
GICS Industry	Oil, Gas & Consumable Fuels	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Integrated Oil & Gas	Integrated Oil & Gas
Market Capitalization	112.83 billion USD	409.19 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	January 2, 1962
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

CVX

GSPC

BP (BP) vs. Chevron (CVX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for BP (BP) and Chevron (CVX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BP (BP) and Chevron (CVX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
Total Return (1Y)	34.31%	37.50%
Total Return (3Y, Annualized)	10.53%	12.91%
Total Return (5Y, Annualized)	17.80%	21.19%

Risk Profile

Drawdown History

CVX

GSPC

BP (BP) vs. Chevron (CVX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for BP (BP) and Chevron (CVX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
Volatility (1Y, Annualized)	28.98%	23.55%
Beta (5Y)	0.20	0.53
Max Drawdown (5Y)	-30.64%	-24.95%
Avg. Volume (3M)	9.01M	8.37M

Risk-Adjusted Performance

Risk-Return Positioning

BP and CVX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
Sharpe Ratio (1Y)	1.04	1.42
Sortino Ratio (1Y)	1.47	2.09

Profitability

ROE (TTM)

Both BP (BP) at 8.87% and Chevron (CVX) at 12.23% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BP

Energy industry group

8.87%

Max: 42.10%
Q3: 20.91%
Median: 11.24%
BP: 8.87%
Q1: 1.52%
Min: -26.68%

CVX

Energy industry group

12.23%

Max: 42.10%
Q3: 20.91%
CVX: 12.23%
Median: 11.24%
Q1: 1.52%
Min: -26.68%

BP (BP) vs. Chevron (CVX): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both BP (BP) at 2.55% and Chevron (CVX) at 9.83% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BP

Energy industry group

2.55%

Max: 54.76%
Q3: 22.09%
Median: 8.01%
BP: 2.55%
Q1: 0.05%
Min: -31.11%

CVX

Energy industry group

9.83%

Max: 54.76%
Q3: 22.09%
CVX: 9.83%
Median: 8.01%
Q1: 0.05%
Min: -31.11%

BP (BP) vs. Chevron (CVX): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both BP (BP) at 13.15% and Chevron (CVX) at 21.87% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BP

Energy industry group

13.15%

Max: 83.65%
Q3: 43.89%
Median: 22.45%
BP: 13.15%
Q1: 8.51%
Min: -9.47%

CVX

Energy industry group

21.87%

Max: 83.65%
Q3: 43.89%
Median: 22.45%
CVX: 21.87%
Q1: 8.51%
Min: -9.47%

BP (BP) vs. Chevron (CVX): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
ROE (TTM)	8.87%	12.23%
ROA (TTM)	5.04%	5.86%
Net Margin (TTM)	2.55%	9.83%
Operating Margin (TTM)	13.15%	21.87%
Gross Margin (TTM)	28.30%	44.27%

Growth

Revenue Growth

Both BP (BP) at 0.08% and Chevron (CVX) at -4.64% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

BP (BP) vs. Chevron (CVX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Chevron (CVX) at -31.79% is around its peer norm for EPS growth, while BP (BP) at -85.34% drops into the bottom quartile, signaling weaker earnings momentum.

BP (BP) vs. Chevron (CVX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
Revenue Growth (YoY)	0.08%	-4.64%
Revenue Growth (3Y CAGR)	-7.78%	-7.85%
EPS Growth (YoY)	-85.34%	-31.79%
EPS Growth (3Y CAGR)	--	-28.69%

Financial Strength

Current Ratio (MRQ)

Both BP (BP) at 1.27 and Chevron (CVX) at 1.25 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

BP

Energy industry group

1.27

Max: 4.12
Q3: 2.27
Median: 1.46
BP: 1.27
Q1: 0.90
Min: 0.24

CVX

Energy industry group

1.25

Max: 4.12
Q3: 2.27
Median: 1.46
CVX: 1.25
Q1: 0.90
Min: 0.24

BP (BP) vs. Chevron (CVX): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Chevron (CVX) at 0.19 keeps leverage in the lower industry quartile, while BP (BP) at 0.95 runs a more typical debt-to-equity mix.

BP

Energy industry group

0.95

Max: 2.00
Q3: 0.98
BP: 0.95
Median: 0.56
Q1: 0.27
Min: 0.00

CVX

Energy industry group

0.19

Max: 2.00
Q3: 0.98
Median: 0.56
Q1: 0.27
CVX: 0.19
Min: 0.00

BP (BP) vs. Chevron (CVX): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
Current Ratio (MRQ)	1.27	1.25
Debt / Equity (MRQ)	0.95	0.19
Net Debt / EBITDA	0.90	0.56

Dividends

Dividend Yield (TTM)

Chevron (CVX) at 3.30% delivers top-quartile income for its industry, while BP (BP) at 0.77% pays a more typical yield — both are credible income propositions, CVX the richer one.

BP

Energy industry group

0.77%

Max: 7.75%
Q3: 3.24%
Median: 1.40%
BP: 0.77%
Q1: 0.00%
Min: 0.00%

CVX

Energy industry group

3.30%

Max: 7.75%
CVX: 3.30%
Q3: 3.24%
Median: 1.40%
Q1: 0.00%
Min: 0.00%

BP (BP) vs. Chevron (CVX): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both BP (BP) at 95.39% and Chevron (CVX) at 67.18% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

BP

Energy industry group

95.39%

Max: 123.08%
BP: 95.39%
Q3: 52.71%
Median: 26.57%
Q1: 0.00%
Min: 0.00%

CVX

Energy industry group

67.18%

Max: 123.08%
CVX: 67.18%
Q3: 52.71%
Median: 26.57%
Q1: 0.00%
Min: 0.00%

BP (BP) vs. Chevron (CVX): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
Dividend Yield (TTM)	0.77%	3.30%
Dividend Payout Ratio (TTM)	95.39%	67.18%

Valuation

P/E Ratio (TTM)

Both BP (BP) at 20.96 and Chevron (CVX) at 20.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

BP

Energy industry group

20.96

Max: 53.58
Q3: 27.49
BP: 20.96
Median: 15.20
Q1: 9.32
Min: 2.53

CVX

Energy industry group

20.08

Max: 53.58
Q3: 27.49
CVX: 20.08
Median: 15.20
Q1: 9.32
Min: 2.53

BP (BP) vs. Chevron (CVX): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

BP (BP) at 0.52 sits in the cheaper P/S ratio quartile while Chevron (CVX) at 1.95 prices around its industry’s middle — BP costs less per dollar of sales, though read it alongside growth and margins.

BP

Energy industry group

0.52

Max: 5.30
Q3: 3.07
Median: 1.91
Q1: 1.06
BP: 0.52
Min: 0.00

CVX

Energy industry group

1.95

Max: 5.30
Q3: 3.07
CVX: 1.95
Median: 1.91
Q1: 1.06
Min: 0.00

BP (BP) vs. Chevron (CVX): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Chevron (CVX) at 2.15 sits near its industry’s typical P/B ratio, while BP (BP) at 7.76 prices above its benchmark range — BP looks rich relative to book.

BP

Energy industry group

7.76

BP: 7.76
Max: 4.75
Q3: 2.75
Median: 1.87
Q1: 1.32
Min: 0.01

CVX

Energy industry group

2.15

Max: 4.75
Q3: 2.75
CVX: 2.15
Median: 1.87
Q1: 1.32
Min: 0.01

BP (BP) vs. Chevron (CVX): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for BP (BP) and Chevron (CVX)
Metric	BP	CVX
P/E Ratio (TTM)	20.96	20.08
P/S Ratio (TTM)	0.52	1.95
P/B Ratio (MRQ)	7.76	2.15
Free Cash Flow Yield (TTM)	11.41%	5.36%