Is COP or CVX cheaper?

On trailing earnings, COP is cheaper: COP trades at a 19.89 P/E and CVX at 32.45.

Which has grown faster, COP or CVX?

Over the past five years, COP grew revenue faster — COP at a 20.71% CAGR versus CVX at 14.17%.

Does COP or CVX pay a bigger dividend?

COP yields 2.82% and CVX yields 3.73% based on trailing dividends and the latest price.

Is COP or CVX more profitable?

COP runs the higher net margin — COP at 12.56% versus CVX at 5.92%.

Which has been the better investment, COP or CVX?

Over the past 10-year, COP delivered the higher annualized total return — COP at 13.65% versus CVX at 10.86%. Past performance doesn't predict future results.

ConocoPhillips (COP) vs Chevron Corporation (CVX)

COP leads on 12 of 16 compared metrics.

A side-by-side comparison of ConocoPhillips and Chevron Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — COP vs CVX

growth of $100 · last 30y

COP +658.6%CVX +528.0%COP compounded faster

COP CVX

COP vs CVX: by the numbers

•CVX is the larger company ($372.87B vs $142.52B market cap).
•COP trades at the lower earnings multiple (19.89 vs 32.45 P/E).
•COP converts more revenue to profit (12.56% vs 5.92% net margin).
•COP grew revenue faster over the past five years (20.71% vs 14.17% CAGR).
•CVX pays the higher dividend yield (3.73% vs 2.82%).

Which is better, COP or CVX?

Metric tally: COP 12 · CVX 4

It depends on what you're optimizing for:

ValueCOP(lower P/E)

GrowthCOP(faster 5Y revenue CAGR)

IncomeCVX(higher dividend yield)

QualityCOP(higher ROIC)

Valuation

Metric	COP	CVX
P/E ratio	19.89●	32.45
Forward P/E	13.01●	15.20
P/S ratio	2.46	2.00●
P/B ratio	2.22	2.02●
PEG ratio	—	1.18
EV / EBITDA	6.57●	9.93
FCF yield	12.79%●	3.60%

Profitability

Metric	COP	CVX
Gross margin	29.18%●	25.43%
Operating margin	18.28%●	8.40%
Net margin	12.56%●	5.92%
ROE	11.34%●	5.99%
ROIC	6.72%●	3.59%

Dividends

Metric	COP	CVX
Dividend yield	2.82%	3.73%●
Payout ratio	51.89%	104.96%

Growth (annualized)

Metric	COP	CVX
Revenue CAGR (5Y)	20.71%●	14.17%
EPS CAGR (5Y)	-0.18%	27.46%●
FCF CAGR (5Y)	104.64%●	39.67%
Total return CAGR (5Y)	18.54%●	16.33%

Frequently asked

Which is better, COP or CVX?: It depends on your goal. value: COP (lower P/E); growth: COP (faster 5Y revenue CAGR); income: CVX (higher dividend yield); quality: COP (higher ROIC). Across all compared metrics, COP leads 12 to 4.
Is COP or CVX cheaper?: On trailing earnings, COP is cheaper: COP trades at a 19.89 P/E and CVX at 32.45.
Which has grown faster, COP or CVX?: Over the past five years, COP grew revenue faster — COP at a 20.71% CAGR versus CVX at 14.17%.
Does COP or CVX pay a bigger dividend?: COP yields 2.82% and CVX yields 3.73% based on trailing dividends and the latest price.
Is COP or CVX more profitable?: COP runs the higher net margin — COP at 12.56% versus CVX at 5.92%.
Which has been the better investment, COP or CVX?: Over the past 10-year, COP delivered the higher annualized total return — COP at 13.65% versus CVX at 10.86%. Past performance doesn't predict future results.

Go deeper

Full COP analysis Full CVX analysis Interactive comparison tool

Dig into the metrics

ConocoPhillips P/E ratio Chevron P/E ratio ConocoPhillips dividend yield Chevron dividend yield ConocoPhillips ROE Chevron ROE ConocoPhillips operating margin Chevron operating margin ConocoPhillips revenue growth Chevron revenue growth ConocoPhillips free cash flow Chevron free cash flow

ConocoPhillips & Chevron appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Fastest Revenue Growth Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.