CVX vs. GOOGL: Chevron vs. Alphabet Stock Comparison

November 11, 2026

How do Chevron (CVX) and Alphabet (GOOGL) 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) is classified in the Energy sector (Energy), whereas Alphabet (GOOGL) belongs to Communication Services (Media & Entertainment) — their GICS classifications point to very different parts of the market.

Company profile comparison for Chevron (CVX) and Alphabet (GOOGL)
Profile Item	CVX	GOOGL
Name	Chevron Corporation	Alphabet Inc. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Energy	Communication Services
GICS Industry Group	Energy	Media & Entertainment
GICS Industry	Oil, Gas & Consumable Fuels	Interactive Media & Services
GICS Sub-Industry	Integrated Oil & Gas	Interactive Media & Services
Market Capitalization	414.86 billion USD	3,501.09 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	January 2, 1962	August 19, 2004
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CVX

GOOGL

GSPC

Chevron (CVX) vs. Alphabet (GOOGL), 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 Chevron (CVX) and Alphabet (GOOGL). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
Total Return (1Y)	42.24%	4.89%
Total Return (3Y, Annualized)	19.22%	31.25%
Total Return (5Y, Annualized)	17.45%	14.61%

Risk Profile

Drawdown History

CVX

GOOGL

GSPC

Chevron (CVX) vs. Alphabet (GOOGL), 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 Chevron (CVX) and Alphabet (GOOGL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
Volatility (1Y, Annualized)	24.66%	33.67%
Beta (5Y)	0.50	1.20
Max Drawdown (5Y)	-24.95%	-44.32%
Avg. Volume (3M)	8.39M	28.79M

Risk-Adjusted Performance

Risk-Return Positioning

CVX and GOOGL are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
Sharpe Ratio (1Y)	1.54	0.02
Sortino Ratio (1Y)	2.26	0.03

Profitability

ROE (TTM)

Alphabet (GOOGL) at 44.29% sits in the top ROE quartile, while Chevron (CVX) at 13.85% is closer to the peer norm — stronger capital efficiency for GOOGL.

CVX

Energy industry group

13.85%

Max: 53.85%
Q3: 24.79%
CVX: 13.85%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

GOOGL

Media & Entertainment industry group

44.29%

Max: 49.92%
GOOGL: 44.29%
Q3: 17.95%
Median: 7.20%
Q1: -4.53%
Min: -26.31%

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their ROE against their respective Energy and Media & Entertainment industry group benchmarks.

Net Margin (TTM)

Alphabet (GOOGL) at 50.03% converts revenue to bottom-line profit above its industry’s benchmark range, while Chevron (CVX) at 11.92% keeps roughly the typical share for its industry.

CVX

Energy industry group

11.92%

Max: 56.92%
Q3: 22.92%
CVX: 11.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

GOOGL

Media & Entertainment industry group

50.03%

GOOGL: 50.03%
Max: 32.91%
Q3: 11.75%
Median: 5.04%
Q1: -4.17%
Min: -25.14%

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their net margin against their respective Energy and Media & Entertainment industry group benchmarks.

Operating Margin (TTM)

Alphabet (GOOGL) at 31.81% 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%

GOOGL

Media & Entertainment industry group

31.81%

Max: 40.16%
GOOGL: 31.81%
Q3: 18.72%
Median: 8.63%
Q1: 1.90%
Min: -22.08%

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their operating margin against their respective Energy and Media & Entertainment industry group benchmarks.

Profitability Metrics

Profitability metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
ROE (TTM)	13.85%	44.29%
ROA (TTM)	6.47%	12.74%
Net Margin (TTM)	11.92%	50.03%
Operating Margin (TTM)	17.89%	31.81%
Gross Margin (TTM)	44.39%	60.86%

Growth

Revenue Growth

Alphabet (GOOGL) at 15.09% sits in the top revenue growth quartile, while Chevron (CVX) at -4.64% is closer to the peer norm — faster top-line expansion for GOOGL.

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

EPS Growth

Both Chevron (CVX) at -31.79% and Alphabet (GOOGL) at 34.45% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
Revenue Growth (YoY)	-4.64%	15.09%
Revenue Growth (3Y CAGR)	-7.85%	12.51%
EPS Growth (YoY)	-31.79%	34.45%
EPS Growth (3Y CAGR)	-28.69%	33.34%

Financial Strength

Current Ratio (MRQ)

Chevron (CVX) at 1.34 keeps current ratio within its industry’s typical mid-range, while Alphabet (GOOGL) at 2.79 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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

GOOGL

Media & Entertainment industry group

2.79

Max: 4.69
GOOGL: 2.79
Q3: 2.53
Median: 1.52
Q1: 0.95
Min: 0.28

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their current ratio against their respective Energy and Media & Entertainment industry group benchmarks.

Debt / Equity (MRQ)

Chevron (CVX) at 0.17 keeps leverage in the lower industry quartile, while Alphabet (GOOGL) at 0.22 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

GOOGL

Media & Entertainment industry group

0.22

Max: 3.65
Q3: 1.69
Median: 0.46
GOOGL: 0.22
Q1: 0.17
Min: 0.00

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their debt-to-equity ratio against their respective Energy and Media & Entertainment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
Current Ratio (MRQ)	1.34	2.79
Debt / Equity (MRQ)	0.17	0.22
Net Debt / EBITDA	0.36	-0.62

Dividends

Dividend Yield (TTM)

Both Chevron (CVX) at 3.31% and Alphabet (GOOGL) at 0.30% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CVX

Energy industry group

3.31%

Max: 8.57%
Q3: 3.58%
CVX: 3.31%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

GOOGL

Media & Entertainment industry group

0.30%

Max: 1.33%
Q3: 0.65%
GOOGL: 0.30%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their dividend yield against their respective Energy and Media & Entertainment industry group benchmarks.

Dividend Payout Ratio (TTM)

Both Chevron (CVX) at 51.76% and Alphabet (GOOGL) at 4.49% 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%

GOOGL

Media & Entertainment industry group

4.49%

Max: 71.43%
Q3: 28.98%
GOOGL: 4.49%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their payout ratio against their respective Energy and Media & Entertainment industry group benchmarks.

Dividend Metrics

Dividend metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
Dividend Yield (TTM)	3.31%	0.30%
Dividend Payout Ratio (TTM)	51.76%	4.49%

Valuation

P/E Ratio (TTM)

Both Chevron (CVX) at 15.61 and Alphabet (GOOGL) at 14.87 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CVX

Energy industry group

15.61

Max: 39.54
Q3: 21.72
CVX: 15.61
Median: 12.19
Q1: 7.71
Min: 2.99

GOOGL

Media & Entertainment industry group

14.87

Max: 51.21
Q3: 28.90
Median: 17.98
GOOGL: 14.87
Q1: 11.53
Min: 1.64

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their P/E ratio against their respective Energy and Media & Entertainment industry group benchmarks.

P/S Ratio (TTM)

Chevron (CVX) at 1.83 is priced about in line with its industry on P/S ratio, while Alphabet (GOOGL) at 7.43 sits in the pricier quartile — GOOGL 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

GOOGL

Media & Entertainment industry group

7.43

GOOGL: 7.43
Max: 7.43
Q3: 3.82
Median: 1.40
Q1: 0.70
Min: 0.00

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their P/S ratio against their respective Energy and Media & Entertainment industry group benchmarks.

P/B Ratio (MRQ)

Chevron (CVX) at 2.13 is valued about in line with its industry on P/B ratio, while Alphabet (GOOGL) at 5.31 carries an above-peer premium to book — GOOGL 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

GOOGL

Media & Entertainment industry group

5.31

Max: 11.45
GOOGL: 5.31
Q3: 5.30
Median: 1.84
Q1: 0.77
Min: -2.61

Chevron (CVX) vs. Alphabet (GOOGL): A comparison of their P/B ratio against their respective Energy and Media & Entertainment industry group benchmarks.

Valuation Metrics

Valuation metrics for Chevron (CVX) and Alphabet (GOOGL)
Metric	CVX	GOOGL
P/E Ratio (TTM)	15.61	14.87
P/S Ratio (TTM)	1.83	7.43
P/B Ratio (MRQ)	2.13	5.31
Free Cash Flow Yield (TTM)	6.28%	-0.03%