CVX vs. FRO: Chevron vs. Frontline Stock Comparison
How do Chevron (CVX) and Frontline (FRO) 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
Chevron (CVX) and Frontline (FRO) both belong to the Oil, Gas & Consumable Fuels industry, though CVX is classified under Integrated Oil & Gas while FRO falls under Oil & Gas Storage & Transportation.
| Profile Item | CVX | FRO |
|---|---|---|
| Name | Chevron Corporation | Frontline plc Ordinary Shares |
| Country/Region | United States | Cyprus |
| 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 | Oil & Gas Storage & Transportation |
| Market Capitalization | 414.86 billion USD | 10.11 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | August 6, 2001 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CVX | FRO |
|---|---|---|
| Total Return (1Y) | 42.24% | 119.28% |
| Total Return (3Y, Annualized) | 19.22% | 40.57% |
| Total Return (5Y, Annualized) | 17.45% | 52.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CVX | FRO |
|---|---|---|
| Volatility (1Y, Annualized) | 24.66% | 46.26% |
| Beta (5Y) | 0.50 | 0.22 |
| Max Drawdown (5Y) | -24.95% | -52.04% |
| Avg. Volume (3M) | 8.39M | 3.68M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CVX | FRO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.54 | 2.49 |
| Sortino Ratio (1Y) | 2.26 | 3.74 |
Profitability
ROE (TTM)
Frontline (FRO) at 53.85% sits in the top ROE quartile, while Chevron (CVX) at 13.85% is closer to the peer norm — stronger capital efficiency for FRO.
CVX
Energy industry group
13.85%
- Max
- 53.85%
- Q3
- 24.79%
- CVX
- 13.85%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
FRO
Energy industry group
53.85%
- FRO
- 53.85%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Frontline (FRO) at 54.76% retains a top-quartile share of revenue as profit, ahead of Chevron (CVX) at 11.92%, which keeps about the industry-typical share.
CVX
Energy industry group
11.92%
- Max
- 56.92%
- Q3
- 22.92%
- CVX
- 11.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
FRO
Energy industry group
54.76%
- Max
- 56.92%
- FRO
- 54.76%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Frontline (FRO) at 65.83% operates in the top operating margin quartile, ahead of Chevron (CVX) at 17.89%, which runs around its industry’s norm.
CVX
Energy industry group
17.89%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- CVX
- 17.89%
- Q1
- 6.94%
- Min
- -24.52%
FRO
Energy industry group
65.83%
- Max
- 71.31%
- FRO
- 65.83%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | CVX | FRO |
|---|---|---|
| ROE (TTM) | 13.85% | 53.85% |
| ROA (TTM) | 6.47% | 14.25% |
| Net Margin (TTM) | 11.92% | 54.76% |
| Operating Margin (TTM) | 17.89% | 65.83% |
| Gross Margin (TTM) | 44.39% | 63.03% |
Growth
Revenue Growth
Both Chevron (CVX) at -4.64% and Frontline (FRO) at -4.16% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Chevron (CVX) at -31.79% and Frontline (FRO) at -23.77% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CVX | FRO |
|---|---|---|
| Revenue Growth (YoY) | -4.64% | -4.16% |
| Revenue Growth (3Y CAGR) | -7.85% | 11.17% |
| EPS Growth (YoY) | -31.79% | -23.77% |
| EPS Growth (3Y CAGR) | -28.69% | -8.37% |
Financial Strength
Current Ratio (MRQ)
Both Chevron (CVX) at 1.34 and Frontline (FRO) at 1.87 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
CVX
Energy industry group
1.34
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- CVX
- 1.34
- Q1
- 0.88
- Min
- 0.24
FRO
Energy industry group
1.87
- Max
- 3.64
- Q3
- 2.21
- FRO
- 1.87
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Chevron (CVX) at 0.17 keeps leverage in the lower industry quartile, while Frontline (FRO) at 0.77 runs a more typical debt-to-equity mix.
CVX
Energy industry group
0.17
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- CVX
- 0.17
- Min
- 0.00
FRO
Energy industry group
0.77
- Max
- 1.75
- Q3
- 0.93
- FRO
- 0.77
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | CVX | FRO |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 1.87 |
| Debt / Equity (MRQ) | 0.17 | 0.77 |
| Net Debt / EBITDA | 0.36 | 1.28 |
Dividends
Dividend Yield (TTM)
Chevron (CVX) at 3.31% pays an industry-typical yield; Frontline (FRO) at 12.04% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
CVX
Energy industry group
3.31%
- Max
- 8.57%
- Q3
- 3.58%
- CVX
- 3.31%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
FRO
Energy industry group
12.04%
- FRO
- 12.04%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Chevron (CVX) at 51.76% and Frontline (FRO) at 46.93% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
CVX
Energy industry group
51.76%
- Max
- 133.24%
- Q3
- 53.31%
- CVX
- 51.76%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
FRO
Energy industry group
46.93%
- Max
- 133.24%
- Q3
- 53.31%
- FRO
- 46.93%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CVX | FRO |
|---|---|---|
| Dividend Yield (TTM) | 3.31% | 12.04% |
| Dividend Payout Ratio (TTM) | 51.76% | 46.93% |
Valuation
P/E Ratio (TTM)
Frontline (FRO) at 6.81 sits in the cheaper P/E ratio quartile, while Chevron (CVX) at 15.61 is closer to its industry’s usual earnings multiple — a discount for FRO, though growth and earnings durability still matter.
CVX
Energy industry group
15.61
- Max
- 39.54
- Q3
- 21.72
- CVX
- 15.61
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
FRO
Energy industry group
6.81
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- FRO
- 6.81
- Min
- 2.99
P/S Ratio (TTM)
Chevron (CVX) at 1.83 is priced about in line with its industry on P/S ratio, while Frontline (FRO) at 3.72 sits in the pricier quartile — FRO costs more per dollar of sales.
CVX
Energy industry group
1.83
- Max
- 5.40
- Q3
- 2.85
- CVX
- 1.83
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
FRO
Energy industry group
3.72
- Max
- 5.40
- FRO
- 3.72
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Chevron (CVX) at 2.13 is valued about in line with its industry on P/B ratio, while Frontline (FRO) at 3.20 carries an above-peer premium to book — FRO is pricier on assets.
CVX
Energy industry group
2.13
- Max
- 4.21
- Q3
- 2.38
- CVX
- 2.13
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
FRO
Energy industry group
3.20
- Max
- 4.21
- FRO
- 3.20
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | CVX | FRO |
|---|---|---|
| P/E Ratio (TTM) | 15.61 | 6.81 |
| P/S Ratio (TTM) | 1.83 | 3.72 |
| P/B Ratio (MRQ) | 2.13 | 3.20 |
| Free Cash Flow Yield (TTM) | 6.28% | 2.81% |