CVX vs. MSFT: Chevron vs. Microsoft Stock Comparison

November 11, 2026

How do Chevron (CVX) and Microsoft (MSFT) 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 Microsoft (MSFT) belongs to Information Technology (Software & Services) — their GICS classifications point to very different parts of the market.

Company profile comparison for Chevron (CVX) and Microsoft (MSFT)
Profile Item	CVX	MSFT
Name	Chevron Corporation	Microsoft Corporation Common Stock
Country/Region	United States	United States
GICS Sector	Energy	Information Technology
GICS Industry Group	Energy	Software & Services
GICS Industry	Oil, Gas & Consumable Fuels	Software
GICS Sub-Industry	Integrated Oil & Gas	Systems Software
Market Capitalization	414.86 billion USD	3,940.41 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	January 2, 1962	March 13, 1986
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CVX

MSFT

GSPC

Chevron (CVX) vs. Microsoft (MSFT), 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 Microsoft (MSFT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Chevron (CVX) and Microsoft (MSFT)
Metric	CVX	MSFT
Total Return (1Y)	42.24%	10.30%
Total Return (3Y, Annualized)	19.22%	15.53%
Total Return (5Y, Annualized)	17.45%	11.01%

Risk Profile

Drawdown History

CVX

MSFT

GSPC

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

Risk Metrics

Risk profile metrics for Chevron (CVX) and Microsoft (MSFT)
Metric	CVX	MSFT
Volatility (1Y, Annualized)	24.66%	33.91%
Beta (5Y)	0.50	1.03
Max Drawdown (5Y)	-24.95%	-37.15%
Avg. Volume (3M)	8.39M	22.95M

Risk-Adjusted Performance

Risk-Return Positioning

CVX and MSFT 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 Microsoft (MSFT)
Metric	CVX	MSFT
Sharpe Ratio (1Y)	1.54	0.18
Sortino Ratio (1Y)	2.26	0.28

Profitability

ROE (TTM)

Microsoft (MSFT) at 34.22% sits in the top ROE quartile, while Chevron (CVX) at 13.85% is closer to the peer norm — stronger capital efficiency for MSFT.

CVX

Energy industry group

13.85%

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

MSFT

Software & Services industry group

34.22%

Max: 53.85%
MSFT: 34.22%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their ROE against their respective Energy and Software & Services industry group benchmarks.

Net Margin (TTM)

Microsoft (MSFT) at 41.17% 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%

MSFT

Software & Services industry group

41.17%

MSFT: 41.17%
Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
Min: -33.17%

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their net margin against their respective Energy and Software & Services industry group benchmarks.

Operating Margin (TTM)

Microsoft (MSFT) at 49.76% turns sales into operating profit above its industry’s benchmark range, while Chevron (CVX) at 17.89% operates 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%

MSFT

Software & Services industry group

49.76%

MSFT: 49.76%
Max: 46.89%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
Min: -30.45%

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their operating margin against their respective Energy and Software & Services industry group benchmarks.

Profitability Metrics

Profitability metrics for Chevron (CVX) and Microsoft (MSFT)
Metric	CVX	MSFT
ROE (TTM)	13.85%	34.22%
ROA (TTM)	6.47%	14.41%
Net Margin (TTM)	11.92%	41.17%
Operating Margin (TTM)	17.89%	49.76%
Gross Margin (TTM)	44.39%	67.66%

Growth

Revenue Growth

Both Chevron (CVX) at -4.64% and Microsoft (MSFT) at 17.79% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both Chevron (CVX) at -31.79% and Microsoft (MSFT) at 31.60% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Chevron (CVX) and Microsoft (MSFT)
Metric	CVX	MSFT
Revenue Growth (YoY)	-4.64%	17.79%
Revenue Growth (3Y CAGR)	-7.85%	16.12%
EPS Growth (YoY)	-31.79%	31.60%
EPS Growth (3Y CAGR)	-28.69%	22.86%

Financial Strength

Current Ratio (MRQ)

Both Chevron (CVX) at 1.34 and Microsoft (MSFT) at 1.23 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

MSFT

Software & Services industry group

1.23

Max: 5.11
Q3: 2.77
Median: 1.67
MSFT: 1.23
Q1: 1.01
Min: 0.03

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their current ratio against their respective Energy and Software & Services industry group benchmarks.

Debt / Equity (MRQ)

Chevron (CVX) at 0.17 keeps leverage in the lower industry quartile, while Microsoft (MSFT) at 0.28 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

MSFT

Software & Services industry group

0.28

Max: 2.52
Q3: 1.13
Median: 0.40
MSFT: 0.28
Q1: 0.07
Min: 0.00

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their debt-to-equity ratio against their respective Energy and Software & Services industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Chevron (CVX) and Microsoft (MSFT)
Metric	CVX	MSFT
Current Ratio (MRQ)	1.34	1.23
Debt / Equity (MRQ)	0.17	0.28
Net Debt / EBITDA	0.36	0.34

Dividends

Dividend Yield (TTM)

Chevron (CVX) at 3.31% pays an industry-typical yield; Microsoft (MSFT) at 0.69% 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%

MSFT

Software & Services industry group

0.69%

MSFT: 0.69%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their dividend yield against their respective Energy and Software & Services industry group benchmarks.

Dividend Payout Ratio (TTM)

Chevron (CVX) at 51.76% keeps its payout in the industry’s typical band, while Microsoft (MSFT) at 19.00% pays out more than any of its peers — the most stretched cover in its group.

CVX

Energy industry group

51.76%

Max: 133.24%
Q3: 53.31%
CVX: 51.76%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

MSFT

Software & Services industry group

19.00%

MSFT: 19.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their payout ratio against their respective Energy and Software & Services industry group benchmarks.

Dividend Metrics

Dividend metrics for Chevron (CVX) and Microsoft (MSFT)
Metric	CVX	MSFT
Dividend Yield (TTM)	3.31%	0.69%
Dividend Payout Ratio (TTM)	51.76%	19.00%

Valuation

P/E Ratio (TTM)

Both Chevron (CVX) at 15.61 and Microsoft (MSFT) at 27.69 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

MSFT

Software & Services industry group

27.69

Max: 112.94
Q3: 60.32
Median: 32.91
MSFT: 27.69
Q1: 18.77
Min: 6.69

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their P/E ratio against their respective Energy and Software & Services 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 Microsoft (MSFT) at 11.37 sits in the pricier quartile — MSFT 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

MSFT

Software & Services industry group

11.37

Max: 17.91
MSFT: 11.37
Q3: 8.78
Median: 4.25
Q1: 2.23
Min: 0.02

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their P/S ratio against their respective Energy and Software & Services industry group benchmarks.

P/B Ratio (MRQ)

On P/B ratio, both Chevron (CVX) at 2.13 and Microsoft (MSFT) at 8.38 are valued close to their industries’ norm against book — neither stands out from peers.

CVX

Energy industry group

2.13

Max: 4.21
Q3: 2.38
CVX: 2.13
Median: 1.51
Q1: 1.08
Min: 0.01

MSFT

Software & Services industry group

8.38

Max: 16.63
Q3: 8.50
MSFT: 8.38
Median: 4.30
Q1: 1.92
Min: -3.90

Chevron (CVX) vs. Microsoft (MSFT): A comparison of their P/B ratio against their respective Energy and Software & Services industry group benchmarks.

Valuation Metrics

Valuation metrics for Chevron (CVX) and Microsoft (MSFT)
Metric	CVX	MSFT
P/E Ratio (TTM)	15.61	27.69
P/S Ratio (TTM)	1.83	11.37
P/B Ratio (MRQ)	2.13	8.38
Free Cash Flow Yield (TTM)	6.28%	0.08%