CVX vs. PBR: Chevron vs. Petróleo Brasileiro S.A. Stock Comparison
How do Chevron (CVX) and Petróleo Brasileiro S.A. (PBR) 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 Petróleo Brasileiro S.A. (PBR) 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 Petróleo Brasileiro S.A. (PBR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CVX | PBR |
|---|---|---|
| Name | Chevron Corporation | Petróleo Brasileiro S.A. - Petrobras |
| Country/Region | United States | Brazil |
| 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 | 414.86 billion USD | 119.41 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | August 10, 2000 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CVX | PBR |
|---|---|---|
| Total Return (1Y) | 42.24% | 49.32% |
| Total Return (3Y, Annualized) | 19.22% | 19.48% |
| Total Return (5Y, Annualized) | 17.45% | 41.67% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CVX | PBR |
|---|---|---|
| Volatility (1Y, Annualized) | 24.66% | 38.67% |
| Beta (5Y) | 0.50 | 0.42 |
| Max Drawdown (5Y) | -24.95% | -35.75% |
| Avg. Volume (3M) | 8.39M | 23.94M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CVX | PBR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.54 | 1.16 |
| Sortino Ratio (1Y) | 2.26 | 1.67 |
Profitability
ROE (TTM)
Petróleo Brasileiro S.A. (PBR) at 30.27% sits in the top ROE quartile, while Chevron (CVX) at 13.85% is closer to the peer norm — stronger capital efficiency for PBR.
CVX
Energy industry group
13.85%
- Max
- 53.85%
- Q3
- 24.79%
- CVX
- 13.85%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
PBR
Energy industry group
30.27%
- Max
- 53.85%
- PBR
- 30.27%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Petróleo Brasileiro S.A. (PBR) at 24.32% 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%
PBR
Energy industry group
24.32%
- Max
- 56.92%
- PBR
- 24.32%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Petróleo Brasileiro S.A. (PBR) at 44.68% 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%
PBR
Energy industry group
44.68%
- Max
- 71.31%
- PBR
- 44.68%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | CVX | PBR |
|---|---|---|
| ROE (TTM) | 13.85% | 30.27% |
| ROA (TTM) | 6.47% | 10.07% |
| Net Margin (TTM) | 11.92% | 24.32% |
| Operating Margin (TTM) | 17.89% | 44.68% |
| Gross Margin (TTM) | 44.39% | 50.60% |
Growth
Revenue Growth
Both Chevron (CVX) at -4.64% and Petróleo Brasileiro S.A. (PBR) at -2.43% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Petróleo Brasileiro S.A. (PBR) at 160.23% clears its industry range for EPS growth, a much stronger earnings trajectory than Chevron (CVX) at -31.79%, which is closer to a typical peer reading.
Growth Metrics
| Metric | CVX | PBR |
|---|---|---|
| Revenue Growth (YoY) | -4.64% | -2.43% |
| Revenue Growth (3Y CAGR) | -7.85% | -10.51% |
| EPS Growth (YoY) | -31.79% | 160.23% |
| EPS Growth (3Y CAGR) | -28.69% | -18.50% |
Financial Strength
Current Ratio (MRQ)
Chevron (CVX) at 1.34 keeps current ratio within its industry’s typical mid-range, while Petróleo Brasileiro S.A. (PBR) at 0.85 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PBR.
CVX
Energy industry group
1.34
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- CVX
- 1.34
- Q1
- 0.88
- Min
- 0.24
PBR
Energy industry group
0.85
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- PBR
- 0.85
- Min
- 0.24
Debt / Equity (MRQ)
Chevron (CVX) at 0.17 keeps leverage in the lower industry quartile, while Petróleo Brasileiro S.A. (PBR) at 0.76 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
PBR
Energy industry group
0.76
- Max
- 1.75
- Q3
- 0.93
- PBR
- 0.76
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | CVX | PBR |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 0.85 |
| Debt / Equity (MRQ) | 0.17 | 0.76 |
| Net Debt / EBITDA | 0.36 | 1.29 |
Dividends
Dividend Yield (TTM)
Chevron (CVX) at 3.31% pays an industry-typical yield; Petróleo Brasileiro S.A. (PBR) at 19.51% 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%
PBR
Energy industry group
19.51%
- PBR
- 19.51%
- 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 Petróleo Brasileiro S.A. (PBR) at 28.93% 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%
PBR
Energy industry group
28.93%
- Max
- 133.24%
- Q3
- 53.31%
- PBR
- 28.93%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CVX | PBR |
|---|---|---|
| Dividend Yield (TTM) | 3.31% | 19.51% |
| Dividend Payout Ratio (TTM) | 51.76% | 28.93% |
Valuation
P/E Ratio (TTM)
Petróleo Brasileiro S.A. (PBR) at 4.68 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 PBR, 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
PBR
Energy industry group
4.68
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- PBR
- 4.68
- Min
- 2.99
P/S Ratio (TTM)
Petróleo Brasileiro S.A. (PBR) at 0.22 sits in the cheaper P/S ratio quartile while Chevron (CVX) at 1.83 prices around its industry’s middle — PBR costs less per dollar of sales, though read it alongside growth and margins.
CVX
Energy industry group
1.83
- Max
- 5.40
- Q3
- 2.85
- CVX
- 1.83
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
PBR
Energy industry group
0.22
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- PBR
- 0.22
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Chevron (CVX) at 2.13 and Petróleo Brasileiro S.A. (PBR) at 1.25 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
PBR
Energy industry group
1.25
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- PBR
- 1.25
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | CVX | PBR |
|---|---|---|
| P/E Ratio (TTM) | 15.61 | 4.68 |
| P/S Ratio (TTM) | 1.83 | 0.22 |
| P/B Ratio (MRQ) | 2.13 | 1.25 |
| Free Cash Flow Yield (TTM) | 6.28% | 78.92% |