CVX vs. XOM: Chevron vs. ExxonMobil Stock Comparison

August 16, 2026

How do Chevron (CVX) and ExxonMobil (XOM) 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 ExxonMobil (XOM) 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.

Company profile comparison for Chevron (CVX) and ExxonMobil (XOM)
Profile Item	CVX	XOM
Name	Chevron Corporation	ExxonMobil Holdings Corporation
Country/Region	United States	United States
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	392.32 billion USD	658.32 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CVX

XOM

GSPC

Chevron (CVX) vs. ExxonMobil (XOM), 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 ExxonMobil (XOM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Chevron (CVX) and ExxonMobil (XOM)
Metric	CVX	XOM
Total Return (1Y)	34.30%	53.85%
Total Return (3Y, Annualized)	11.43%	16.50%
Total Return (5Y, Annualized)	19.22%	27.27%

Risk Profile

Drawdown History

CVX

XOM

GSPC

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

Risk Metrics

Risk profile metrics for Chevron (CVX) and ExxonMobil (XOM)
Metric	CVX	XOM
Volatility (1Y, Annualized)	23.50%	25.37%
Beta (5Y)	0.50	0.18
Max Drawdown (5Y)	-24.95%	-20.51%
Avg. Volume (3M)	8.89M	16.22M

Risk-Adjusted Performance

Risk-Return Positioning

CVX and XOM 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 ExxonMobil (XOM)
Metric	CVX	XOM
Sharpe Ratio (1Y)	1.29	1.97
Sortino Ratio (1Y)	1.88	2.95

Profitability

ROE (TTM)

Both Chevron (CVX) at 12.23% and ExxonMobil (XOM) at 12.58% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CVX

Energy industry group

12.23%

Max: 42.10%
Q3: 19.50%
CVX: 12.23%
Median: 10.55%
Q1: 1.41%
Min: -24.68%

XOM

Energy industry group

12.58%

Max: 42.10%
Q3: 19.50%
XOM: 12.58%
Median: 10.55%
Q1: 1.41%
Min: -24.68%

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Chevron (CVX) at 9.83% and ExxonMobil (XOM) at 9.07% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CVX

Energy industry group

9.83%

Max: 51.35%
Q3: 21.53%
CVX: 9.83%
Median: 7.66%
Q1: 0.03%
Min: -31.11%

XOM

Energy industry group

9.07%

Max: 51.35%
Q3: 21.53%
XOM: 9.07%
Median: 7.66%
Q1: 0.03%
Min: -31.11%

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Chevron (CVX) at 21.87% and ExxonMobil (XOM) at 15.86% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CVX

Energy industry group

21.87%

Max: 83.65%
Q3: 42.96%
CVX: 21.87%
Median: 21.12%
Q1: 8.41%
Min: -9.47%

XOM

Energy industry group

15.86%

Max: 83.65%
Q3: 42.96%
Median: 21.12%
XOM: 15.86%
Q1: 8.41%
Min: -9.47%

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Chevron (CVX) and ExxonMobil (XOM)
Metric	CVX	XOM
ROE (TTM)	12.23%	12.58%
ROA (TTM)	5.86%	5.52%
Net Margin (TTM)	9.83%	9.07%
Operating Margin (TTM)	21.87%	15.86%
Gross Margin (TTM)	44.27%	29.77%

Growth

Revenue Growth

Both Chevron (CVX) at -4.64% and ExxonMobil (XOM) at -4.52% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both Chevron (CVX) at -31.79% and ExxonMobil (XOM) at -14.54% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Chevron (CVX) and ExxonMobil (XOM)
Metric	CVX	XOM
Revenue Growth (YoY)	-4.64%	-4.52%
Revenue Growth (3Y CAGR)	-7.85%	-6.69%
EPS Growth (YoY)	-31.79%	-14.54%
EPS Growth (3Y CAGR)	-28.69%	-20.35%

Financial Strength

Current Ratio (MRQ)

Both Chevron (CVX) at 1.25 and ExxonMobil (XOM) at 1.14 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

CVX

Energy industry group

1.25

Max: 4.12
Q3: 2.32
Median: 1.48
CVX: 1.25
Q1: 0.89
Min: 0.10

XOM

Energy industry group

1.14

Max: 4.12
Q3: 2.32
Median: 1.48
XOM: 1.14
Q1: 0.89
Min: 0.10

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Chevron (CVX) at 0.19 and ExxonMobil (XOM) at 0.16 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

CVX

Energy industry group

0.19

Max: 2.02
Q3: 0.99
Median: 0.56
Q1: 0.29
CVX: 0.19
Min: 0.00

XOM

Energy industry group

0.16

Max: 2.02
Q3: 0.99
Median: 0.56
Q1: 0.29
XOM: 0.16
Min: 0.00

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Chevron (CVX) and ExxonMobil (XOM)
Metric	CVX	XOM
Current Ratio (MRQ)	1.25	1.14
Debt / Equity (MRQ)	0.19	0.16
Net Debt / EBITDA	0.56	0.47

Dividends

Dividend Yield (TTM)

Chevron (CVX) at 3.53% delivers top-quartile income for its industry, while ExxonMobil (XOM) at 2.57% pays a more typical yield — both are credible income propositions, CVX the richer one.

CVX

Energy industry group

3.53%

Max: 7.36%
CVX: 3.53%
Q3: 3.03%
Median: 1.35%
Q1: 0.00%
Min: 0.00%

XOM

Energy industry group

2.57%

Max: 7.36%
Q3: 3.03%
XOM: 2.57%
Median: 1.35%
Q1: 0.00%
Min: 0.00%

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Chevron (CVX) at 67.18% and ExxonMobil (XOM) at 52.51% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

CVX

Energy industry group

67.18%

Max: 123.08%
CVX: 67.18%
Q3: 51.26%
Median: 25.00%
Q1: 0.00%
Min: 0.00%

XOM

Energy industry group

52.51%

Max: 123.08%
XOM: 52.51%
Q3: 51.26%
Median: 25.00%
Q1: 0.00%
Min: 0.00%

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Chevron (CVX) and ExxonMobil (XOM)
Metric	CVX	XOM
Dividend Yield (TTM)	3.53%	2.57%
Dividend Payout Ratio (TTM)	67.18%	52.51%

Valuation

P/E Ratio (TTM)

Both Chevron (CVX) at 19.23 and ExxonMobil (XOM) at 20.63 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

19.23

Max: 51.46
Q3: 27.08
CVX: 19.23
Median: 16.36
Q1: 9.34
Min: 1.29

XOM

Energy industry group

20.63

Max: 51.46
Q3: 27.08
XOM: 20.63
Median: 16.36
Q1: 9.34
Min: 1.29

Chevron (CVX) vs. ExxonMobil (XOM): 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 1.87 and ExxonMobil (XOM) at 1.82 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CVX

Energy industry group

1.87

Max: 5.18
Q3: 2.88
CVX: 1.87
Median: 1.81
Q1: 1.00
Min: 0.00

XOM

Energy industry group

1.82

Max: 5.18
Q3: 2.88
XOM: 1.82
Median: 1.81
Q1: 1.00
Min: 0.00

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Chevron (CVX) at 2.07 and ExxonMobil (XOM) at 2.54 are valued close to their industries’ norm against book — neither stands out from peers.

CVX

Energy industry group

2.07

Max: 5.10
Q3: 2.84
CVX: 2.07
Median: 1.74
Q1: 1.27
Min: 0.01

XOM

Energy industry group

2.54

Max: 5.10
Q3: 2.84
XOM: 2.54
Median: 1.74
Q1: 1.27
Min: 0.01

Chevron (CVX) vs. ExxonMobil (XOM): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Chevron (CVX) and ExxonMobil (XOM)
Metric	CVX	XOM
P/E Ratio (TTM)	19.23	20.63
P/S Ratio (TTM)	1.87	1.82
P/B Ratio (MRQ)	2.07	2.54
Free Cash Flow Yield (TTM)	5.59%	3.14%