ConocoPhillips (COP) vs Chevron Corporation (CVX)

A side-by-side comparison of ConocoPhillips and Chevron Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCOP vs CVX

growth of $100 · dividends reinvested · last 30y
COP +1892.6%CVX +1868.4%COP compounded faster
05001k2k2kStart $100200120062011201620212026$1,993$1,968
COP CVX

COP vs CVX: by the numbers

  • CVX is the larger company ($373.84B vs $139.01B market cap).
  • COP trades at the lower trailing earnings multiple (19.66 vs 32.93 P/E), one valuation lens rather than an overall verdict.
  • 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 (3.67% vs 2.86%).

Metrics side by side

Valuation

MetricCOPCVX
P/E ratio19.6632.93
Forward P/E12.1113.10
P/S ratio2.432.03
P/B ratio2.192.05
PEG ratioN/A1.20
EV / EBITDA7.0911.09
FCF yield10.87%3.54%

Profitability

MetricCOPCVX
Gross margin29.18%25.43%
Operating margin18.28%8.40%
Net margin12.56%5.92%
ROE11.34%5.99%
ROIC6.54%3.59%

Dividends

MetricCOPCVX
Dividend yield2.86%3.67%
Payout ratio51.89%104.96%

Growth (annualized)

MetricCOPCVX
Revenue CAGR (5Y)20.71%14.17%
EPS CAGR (5Y)N/A27.46%
FCF CAGR (5Y)97.59%39.67%
Total return CAGR (5Y)19.25%18.32%

Frequently asked

Which has the lower trailing P/E, COP or CVX?
COP has the lower trailing P/E: COP trades at 19.66 and CVX at 32.93. P/E is one valuation measure and does not by itself establish which business is cheaper.
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 2.86% and CVX yields 3.67% 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%.
How have COP and CVX total returns compared?
Over the past 10 years, COP delivered 14.52% and CVX delivered 11.00% annualized total return. Past performance doesn't predict future results.

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 July 28, 2026.