Seek Returns

CVX vs. SLB: Chevron vs. SLB Stock Comparison

How do Chevron (CVX) and SLB (SLB) 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 SLB (SLB) both fall under the Energy industry group, but CVX is classified in Oil, Gas & Consumable Fuels while SLB is classified in Energy Equipment & Services.

Company profile comparison for Chevron (CVX) and SLB (SLB)
Profile ItemCVXSLB
NameChevron CorporationSLB N.V.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsEnergy Equipment & Services
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Equipment & Services
Market Capitalization414.86 billion USD73.68 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962December 31, 1981
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVX
SLB
GSPC
Loading price history…
Chevron (CVX) vs. SLB (SLB), 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

Loading price history…
Trailing total returns for Chevron (CVX) and SLB (SLB). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Chevron (CVX) and SLB (SLB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
Total Return (1Y)42.24%41.53%
Total Return (3Y, Annualized)19.22%1.23%
Total Return (5Y, Annualized)17.45%10.62%

Risk Profile

Drawdown History

CVX
SLB
GSPC
Loading price history…
Chevron (CVX) vs. SLB (SLB), 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

Loading price history…
Distribution of monthly total returns for Chevron (CVX) and SLB (SLB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
Volatility (1Y, Annualized)24.66%37.07%
Beta (5Y)0.500.80
Max Drawdown (5Y)-24.95%-46.63%
Avg. Volume (3M)8.39M12.57M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
CVX and SLB are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
Sharpe Ratio (1Y)1.541.00
Sortino Ratio (1Y)2.261.59

Profitability

ROE (TTM)

Both Chevron (CVX) at 13.85% and SLB (SLB) at 11.66% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CVX

Energy industry group

13.85%

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

SLB

Energy industry group

11.66%

Max
53.85%
Q3
24.79%
Median
12.85%
SLB
11.66%
Q1
2.03%
Min
-29.09%
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Chevron (CVX) at 11.92% and SLB (SLB) at 8.40% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CVX

Energy industry group

11.92%

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

SLB

Energy industry group

8.40%

Max
56.92%
Q3
22.92%
Median
10.10%
SLB
8.40%
Q1
0.07%
Min
-27.38%
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Chevron (CVX) at 17.89% and SLB (SLB) at 14.03% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CVX

Energy industry group

17.89%

Max
71.31%
Q3
33.75%
Median
18.73%
CVX
17.89%
Q1
6.94%
Min
-24.52%

SLB

Energy industry group

14.03%

Max
71.31%
Q3
33.75%
Median
18.73%
SLB
14.03%
Q1
6.94%
Min
-24.52%
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
ROE (TTM)13.85%11.66%
ROA (TTM)6.47%5.72%
Net Margin (TTM)11.92%8.40%
Operating Margin (TTM)17.89%14.03%
Gross Margin (TTM)44.39%16.59%

Growth

Revenue Growth

Both Chevron (CVX) at -4.64% and SLB (SLB) at -1.60% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Chevron (CVX) at -31.79% and SLB (SLB) at -24.44% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
Revenue Growth (YoY)-4.64%-1.60%
Revenue Growth (3Y CAGR)-7.85%8.33%
EPS Growth (YoY)-31.79%-24.44%
EPS Growth (3Y CAGR)-28.69%-0.56%

Financial Strength

Current Ratio (MRQ)

Both Chevron (CVX) at 1.34 and SLB (SLB) at 1.39 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

SLB

Energy industry group

1.39

Max
3.64
Q3
2.21
Median
1.41
SLB
1.39
Q1
0.88
Min
0.24
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Chevron (CVX) at 0.17 keeps leverage in the lower industry quartile, while SLB (SLB) at 0.47 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

SLB

Energy industry group

0.47

Max
1.75
Q3
0.93
Median
0.54
SLB
0.47
Q1
0.30
Min
0.00
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
Current Ratio (MRQ)1.341.39
Debt / Equity (MRQ)0.170.47
Net Debt / EBITDA0.361.25

Dividends

Dividend Yield (TTM)

Both Chevron (CVX) at 3.31% and SLB (SLB) at 2.36% 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%

SLB

Energy industry group

2.36%

Max
8.57%
Q3
3.58%
SLB
2.36%
Median
1.71%
Q1
0.00%
Min
0.00%
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Chevron (CVX) at 51.76% pays out a band-typical share of earnings, while SLB (SLB) at 56.80% distributes more than its industry norm — less retained, thinner cover.

CVX

Energy industry group

51.76%

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

SLB

Energy industry group

56.80%

Max
133.24%
SLB
56.80%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
Dividend Yield (TTM)3.31%2.36%
Dividend Payout Ratio (TTM)51.76%56.80%

Valuation

P/E Ratio (TTM)

Chevron (CVX) at 15.61 is near its industry’s usual P/E ratio, while SLB (SLB) at 24.23 sits in the richer quartile — SLB needs stronger growth or earnings quality to justify the premium.

CVX

Energy industry group

15.61

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

SLB

Energy industry group

24.23

Max
39.54
SLB
24.23
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Chevron (CVX) at 1.83 and SLB (SLB) at 2.00 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CVX

Energy industry group

1.83

Max
5.40
Q3
2.85
CVX
1.83
Median
1.69
Q1
0.88
Min
0.00

SLB

Energy industry group

2.00

Max
5.40
Q3
2.85
SLB
2.00
Median
1.69
Q1
0.88
Min
0.00
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Chevron (CVX) at 2.13 is valued about in line with its industry on P/B ratio, while SLB (SLB) at 2.83 carries an above-peer premium to book — SLB 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

SLB

Energy industry group

2.83

Max
4.21
SLB
2.83
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
Loading chart…
Chevron (CVX) vs. SLB (SLB): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Chevron (CVX) and SLB (SLB)
MetricCVXSLB
P/E Ratio (TTM)15.6124.23
P/S Ratio (TTM)1.832.00
P/B Ratio (MRQ)2.132.83
Free Cash Flow Yield (TTM)6.28%4.18%