CVX vs. PBR.A: Chevron vs. Petrobras Stock Comparison
How do Chevron (CVX) and Petrobras (PBR.A) 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 Petrobras (PBR.A) 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 Petrobras (PBR.A) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CVX | PBR.A |
|---|---|---|
| Name | Chevron Corp. | Petroleo Brasileiro S.A. - Petrobras American Depositary Receipt |
| 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 | 409.19 billion USD | 124.95 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | October 7, 2003 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CVX | PBR.A |
|---|---|---|
| Total Return (1Y) | 37.50% | 67.52% |
| Total Return (3Y, Annualized) | 12.91% | 24.89% |
| Total Return (5Y, Annualized) | 21.19% | 43.29% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CVX | PBR.A |
|---|---|---|
| Volatility (1Y, Annualized) | 23.55% | 30.89% |
| Beta (5Y) | 0.53 | 0.42 |
| Max Drawdown (5Y) | -24.95% | -36.72% |
| Avg. Volume (3M) | 8.37M | 7.57M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CVX | PBR.A |
|---|---|---|
| Sharpe Ratio (1Y) | 1.42 | 2.05 |
| Sortino Ratio (1Y) | 2.09 | 3.16 |
Profitability
ROE (TTM)
Petrobras (PBR.A) at 30.27% sits in the top ROE quartile, while Chevron (CVX) at 12.23% is closer to the peer norm — stronger capital efficiency for PBR.A.
CVX
Energy industry group
12.23%
- Max
- 42.10%
- Q3
- 20.91%
- CVX
- 12.23%
- Median
- 11.24%
- Q1
- 1.52%
- Min
- -26.68%
PBR.A
Energy industry group
30.27%
- Max
- 42.10%
- PBR.A
- 30.27%
- Q3
- 20.91%
- Median
- 11.24%
- Q1
- 1.52%
- Min
- -26.68%
Net Margin (TTM)
Petrobras (PBR.A) at 24.32% retains a top-quartile share of revenue as profit, ahead of Chevron (CVX) at 9.83%, which keeps about the industry-typical share.
CVX
Energy industry group
9.83%
- Max
- 54.76%
- Q3
- 22.09%
- CVX
- 9.83%
- Median
- 8.01%
- Q1
- 0.05%
- Min
- -31.11%
PBR.A
Energy industry group
24.32%
- Max
- 54.76%
- PBR.A
- 24.32%
- Q3
- 22.09%
- Median
- 8.01%
- Q1
- 0.05%
- Min
- -31.11%
Operating Margin (TTM)
Petrobras (PBR.A) at 44.68% operates in the top operating margin quartile, ahead of Chevron (CVX) at 21.87%, which runs around its industry’s norm.
CVX
Energy industry group
21.87%
- Max
- 83.65%
- Q3
- 43.89%
- Median
- 22.45%
- CVX
- 21.87%
- Q1
- 8.51%
- Min
- -9.47%
PBR.A
Energy industry group
44.68%
- Max
- 83.65%
- PBR.A
- 44.68%
- Q3
- 43.89%
- Median
- 22.45%
- Q1
- 8.51%
- Min
- -9.47%
Profitability Metrics
| Metric | CVX | PBR.A |
|---|---|---|
| ROE (TTM) | 12.23% | 30.27% |
| ROA (TTM) | 5.86% | 10.07% |
| Net Margin (TTM) | 9.83% | 24.32% |
| Operating Margin (TTM) | 21.87% | 44.68% |
| Gross Margin (TTM) | 44.27% | 50.60% |
Growth
Revenue Growth
Both Chevron (CVX) at -4.64% and Petrobras (PBR.A) 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
Petrobras (PBR.A) 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.A |
|---|---|---|
| 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 1.25 keeps current ratio within its industry’s typical mid-range, while Petrobras (PBR.A) at 0.85 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PBR.A.
CVX
Energy industry group
1.25
- Max
- 4.12
- Q3
- 2.27
- Median
- 1.46
- CVX
- 1.25
- Q1
- 0.90
- Min
- 0.24
PBR.A
Energy industry group
0.85
- Max
- 4.12
- Q3
- 2.27
- Median
- 1.46
- Q1
- 0.90
- PBR.A
- 0.85
- Min
- 0.24
Debt / Equity (MRQ)
Chevron (CVX) at 0.19 keeps leverage in the lower industry quartile, while Petrobras (PBR.A) at 0.76 runs a more typical debt-to-equity mix.
CVX
Energy industry group
0.19
- Max
- 2.00
- Q3
- 0.98
- Median
- 0.56
- Q1
- 0.27
- CVX
- 0.19
- Min
- 0.00
PBR.A
Energy industry group
0.76
- Max
- 2.00
- Q3
- 0.98
- PBR.A
- 0.76
- Median
- 0.56
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | CVX | PBR.A |
|---|---|---|
| Current Ratio (MRQ) | 1.25 | 0.85 |
| Debt / Equity (MRQ) | 0.19 | 0.76 |
| Net Debt / EBITDA | 0.56 | 1.29 |
Dividends
Dividend Yield (TTM)
Chevron (CVX) at 3.30% earns its spot in the top quartile of its industry’s yields; Petrobras (PBR.A) at 19.74% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
CVX
Energy industry group
3.30%
- Max
- 7.75%
- CVX
- 3.30%
- Q3
- 3.24%
- Median
- 1.40%
- Q1
- 0.00%
- Min
- 0.00%
PBR.A
Energy industry group
19.74%
- PBR.A
- 19.74%
- Max
- 7.75%
- Q3
- 3.24%
- Median
- 1.40%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Petrobras (PBR.A) at 29.09% pays out a band-typical share of earnings, while Chevron (CVX) at 67.18% distributes more than its industry norm — less retained, thinner cover.
CVX
Energy industry group
67.18%
- Max
- 123.08%
- CVX
- 67.18%
- Q3
- 52.71%
- Median
- 26.57%
- Q1
- 0.00%
- Min
- 0.00%
PBR.A
Energy industry group
29.09%
- Max
- 123.08%
- Q3
- 52.71%
- PBR.A
- 29.09%
- Median
- 26.57%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CVX | PBR.A |
|---|---|---|
| Dividend Yield (TTM) | 3.30% | 19.74% |
| Dividend Payout Ratio (TTM) | 67.18% | 29.09% |
Valuation
P/E Ratio (TTM)
Petrobras (PBR.A) at 4.61 sits in the cheaper P/E ratio quartile, while Chevron (CVX) at 20.08 is closer to its industry’s usual earnings multiple — a discount for PBR.A, though growth and earnings durability still matter.
CVX
Energy industry group
20.08
- Max
- 53.58
- Q3
- 27.49
- CVX
- 20.08
- Median
- 15.20
- Q1
- 9.32
- Min
- 2.53
PBR.A
Energy industry group
4.61
- Max
- 53.58
- Q3
- 27.49
- Median
- 15.20
- Q1
- 9.32
- PBR.A
- 4.61
- Min
- 2.53
P/S Ratio (TTM)
Petrobras (PBR.A) at 0.23 sits in the cheaper P/S ratio quartile while Chevron (CVX) at 1.95 prices around its industry’s middle — PBR.A costs less per dollar of sales, though read it alongside growth and margins.
CVX
Energy industry group
1.95
- Max
- 5.30
- Q3
- 3.07
- CVX
- 1.95
- Median
- 1.91
- Q1
- 1.06
- Min
- 0.00
PBR.A
Energy industry group
0.23
- Max
- 5.30
- Q3
- 3.07
- Median
- 1.91
- Q1
- 1.06
- PBR.A
- 0.23
- Min
- 0.00
P/B Ratio (MRQ)
Petrobras (PBR.A) at 1.27 sits in the lower P/B ratio quartile against book while Chevron (CVX) at 2.15 is valued near its industry’s middle — PBR.A is cheaper on assets, though weigh it against ROE and asset quality.
CVX
Energy industry group
2.15
- Max
- 4.75
- Q3
- 2.75
- CVX
- 2.15
- Median
- 1.87
- Q1
- 1.32
- Min
- 0.01
PBR.A
Energy industry group
1.27
- Max
- 4.75
- Q3
- 2.75
- Median
- 1.87
- Q1
- 1.32
- PBR.A
- 1.27
- Min
- 0.01
Valuation Metrics
| Metric | CVX | PBR.A |
|---|---|---|
| P/E Ratio (TTM) | 20.08 | 4.61 |
| P/S Ratio (TTM) | 1.95 | 0.23 |
| P/B Ratio (MRQ) | 2.15 | 1.27 |
| Free Cash Flow Yield (TTM) | 5.36% | 75.42% |