Chevron (CVX) vs. Shell (SHEL)
This page compares Chevron (CVX) with Shell (SHEL) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
Chevron (CVX) and Shell (SHEL) 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 a standard ordinary-equity line, while Shell (SHEL) is an ADR tied to a foreign-share or depositary-receipt structure — compare with FX exposure, program fees, and dividend-withholding-tax differences in mind.
| Symbol | CVX | SHEL |
|---|---|---|
| Company Name | Chevron Corporation | Shell plc |
| Country/Region | United States | United Kingdom |
| 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 | 380.42 billion USD | 241.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | March 12, 1984 |
| Security Type | Common Stock | ADR |
Historical Performance
Historical Performance at a Glance
| Symbol | CVX | SHEL |
|---|---|---|
| 5-Day Price Return | -0.05% | 1.39% |
| 13-Week Price Return | 3.37% | 12.98% |
| 26-Week Price Return | 22.77% | 13.27% |
| 52-Week Price Return | 40.90% | 33.84% |
| Month-to-Date Return | -1.19% | -2.62% |
| Year-to-Date Return | 25.33% | 18.21% |
| 10-Day Avg. Volume | 10.44M | 4.51M |
| 3-Month Avg. Volume | 11.98M | 6.75M |
| 3-Month Volatility | 25.58% | 28.11% |
| Beta | 0.51 | 0.07 |
Profitability
Return on Equity (TTM)
Both Chevron (CVX) at 6.23% and Shell (SHEL) at 10.05% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.
CVX
Energy industry group
6.23%
- Max
- 36.16%
- Q3
- 18.33%
- Median
- 11.86%
- Q1
- 2.52%
- Min
- -17.66%
SHEL
Energy industry group
10.05%
- Max
- 36.16%
- Q3
- 18.33%
- Median
- 11.86%
- Q1
- 2.52%
- Min
- -17.66%
Net Profit Margin (TTM)
Both Chevron (CVX) at 5.92% and Shell (SHEL) at 7.01% post Net Profit Margin (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on net profitability.
CVX
Energy industry group
5.92%
- Max
- 48.44%
- Q3
- 21.31%
- Median
- 7.88%
- Q1
- 2.95%
- Min
- -21.07%
SHEL
Energy industry group
7.01%
- Max
- 48.44%
- Q3
- 21.31%
- Median
- 7.88%
- Q1
- 2.95%
- Min
- -21.07%
Operating Profit Margin (TTM)
Both Chevron (CVX) at 8.95% and Shell (SHEL) at 12.03% post Operating Profit Margin (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on operating profitability.
CVX
Energy industry group
8.95%
- Max
- 65.50%
- Q3
- 29.45%
- Median
- 13.68%
- Q1
- 4.64%
- Min
- -26.36%
SHEL
Energy industry group
12.03%
- Max
- 65.50%
- Q3
- 29.45%
- Median
- 13.68%
- Q1
- 4.64%
- Min
- -26.36%
Profitability at a Glance
| Symbol | CVX | SHEL |
|---|---|---|
| Return on Equity (TTM) | 6.23% | 10.05% |
| Return on Assets (TTM) | 3.58% | 4.68% |
| Net Profit Margin (TTM) | 5.92% | 7.01% |
| Operating Profit Margin (TTM) | 8.95% | 12.03% |
| Gross Profit Margin (TTM) | 41.97% | 25.86% |
Financial Strength
Current Ratio (MRQ)
Both Chevron (CVX) at 1.09 and Shell (SHEL) at 1.30 carry Current Ratio (MRQ) within their industry mid-ranges, suggesting balanced short-term liquidity relative to peers.
CVX
Energy industry group
1.09
- Max
- 3.33
- Q3
- 1.89
- Median
- 1.28
- Q1
- 0.89
- Min
- 0.08
SHEL
Energy industry group
1.30
- Max
- 3.33
- Q3
- 1.89
- Median
- 1.28
- Q1
- 0.89
- Min
- 0.08
Debt-to-Equity Ratio (MRQ)
Chevron (CVX) at 0.25 maintains Debt-to-Equity Ratio (MRQ) in the lower-leverage quartile of industry peers, ahead of Shell (SHEL) at 0.43, which sits around the industry mid-range.
CVX
Energy industry group
0.25
- Max
- 2.57
- Q3
- 1.46
- Median
- 0.55
- Q1
- 0.31
- Min
- 0.00
SHEL
Energy industry group
0.43
- Max
- 2.57
- Q3
- 1.46
- Median
- 0.55
- Q1
- 0.31
- Min
- 0.00
Interest Coverage Ratio (TTM)
Chevron (CVX) reports a problematic Interest Coverage Ratio (TTM) of -5.38; operating income or EBIT does not fully cover interest expense, so the ratio points to interest-payment strain. Meanwhile Shell (SHEL) reports 20.21, ranking against industry peers normally.
CVX
Energy industry group
-5.38
- Max
- 27.72
- Q3
- 12.52
- Median
- 4.94
- Q1
- 1.84
- Min
- -9.12
SHEL
Energy industry group
20.21
- Max
- 27.72
- Q3
- 12.52
- Median
- 4.94
- Q1
- 1.84
- Min
- -9.12
Financial Strength at a Glance
| Symbol | CVX | SHEL |
|---|---|---|
| Current Ratio (MRQ) | 1.09 | 1.30 |
| Quick Ratio (MRQ) | 0.73 | 1.03 |
| Debt-to-Equity Ratio (MRQ) | 0.25 | 0.43 |
| Interest Coverage Ratio (TTM) | -5.38 | 20.21 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | CVX | SHEL |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 3.16% | 0.66% |
| Revenue Growth (TTM vs Prior YoY) | -3.65% | -4.88% |
| 3-Year Revenue CAGR | -7.85% | -11.21% |
| 5-Year Revenue CAGR | 14.32% | 8.13% |
EPS Growth
EPS Growth at a Glance
| Symbol | CVX | SHEL |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | -44.32% | 27.12% |
| EPS Growth (TTM vs Prior YoY) | -33.95% | 48.41% |
| 3-Year EPS CAGR | -28.70% | -19.32% |
| 5-Year EPS CAGR | -- | -- |
Dividend
Dividend Yield (TTM)
Both Chevron (CVX) at 3.51% and Shell (SHEL) at 3.45% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.
CVX
Energy industry group
3.51%
- Max
- 8.77%
- Q3
- 4.16%
- Median
- 2.19%
- Q1
- 0.26%
- Min
- 0.00%
SHEL
Energy industry group
3.45%
- Max
- 8.77%
- Q3
- 4.16%
- Median
- 2.19%
- Q1
- 0.26%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Chevron (CVX) reports an unusual Dividend Payout Ratio (TTM) of 120.75% — outside the typical 0–100% range, indicating either negative earnings (negative ratio) or dividends above current-period earnings (above 100%), both signaling sustainability concerns. Meanwhile Shell (SHEL) reports 44.76%, ranking against industry peers normally.
CVX
Energy industry group
120.75%
- Max
- 164.03%
- Q3
- 80.84%
- Median
- 37.42%
- Q1
- 8.16%
- Min
- 0.00%
SHEL
Energy industry group
44.76%
- Max
- 164.03%
- Q3
- 80.84%
- Median
- 37.42%
- Q1
- 8.16%
- Min
- 0.00%
Dividend at a Glance
| Symbol | CVX | SHEL |
|---|---|---|
| Dividend Yield (TTM) | 3.51% | 3.45% |
| Dividend Payout Ratio (TTM) | 120.75% | 44.76% |
Valuation
Price-to-Earnings Ratio (TTM)
Shell (SHEL) at 12.98 carries typical industry Price-to-Earnings Ratio (TTM), while Chevron (CVX) at 34.38 sits in the higher-multiple quartile — CVX carries a higher trailing earnings multiple relative to peers.
CVX
Energy industry group
34.38
- Max
- 57.01
- Q3
- 30.45
- Median
- 17.50
- Q1
- 11.97
- Min
- 4.27
SHEL
Energy industry group
12.98
- Max
- 57.01
- Q3
- 30.45
- Median
- 17.50
- Q1
- 11.97
- Min
- 4.27
Price-to-Sales Ratio (TTM)
Shell (SHEL) at 0.91 trades in the lower-multiple quartile for Price-to-Sales Ratio (TTM), while Chevron (CVX) at 2.04 sits around the industry midpoint — SHEL has a lower trailing revenue multiple relative to peers, though the gap should be read alongside growth and margins.
CVX
Energy industry group
2.04
- Max
- 6.48
- Q3
- 3.62
- Median
- 2.07
- Q1
- 1.26
- Min
- 0.00
SHEL
Energy industry group
0.91
- Max
- 6.48
- Q3
- 3.62
- Median
- 2.07
- Q1
- 1.26
- Min
- 0.00
Price-to-Book Ratio (MRQ)
Shell (SHEL) at 1.20 trades in the lower-multiple quartile for Price-to-Book Ratio (MRQ), while Chevron (CVX) at 2.24 sits around the industry midpoint — SHEL has a lower book-value multiple relative to peers, though the gap should be read alongside ROE and asset quality.
CVX
Energy industry group
2.24
- Max
- 5.78
- Q3
- 3.17
- Median
- 2.14
- Q1
- 1.35
- Min
- 0.38
SHEL
Energy industry group
1.20
- Max
- 5.78
- Q3
- 3.17
- Median
- 2.14
- Q1
- 1.35
- Min
- 0.38
Valuation at a Glance
| Symbol | CVX | SHEL |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 34.38 | 12.98 |
| Price-to-Sales Ratio (TTM) | 2.04 | 0.91 |
| Price-to-Book Ratio (MRQ) | 2.24 | 1.20 |
| Price-to-Free Cash Flow Ratio (TTM) | 22.81 | 11.76 |