Chevron Corporation (CVX) vs Shell plc (SHEL)

A side-by-side comparison of Chevron Corporation and Shell plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — CVX vs SHEL

growth of $100 · dividends reinvested · last 10y
CVX +213.4% (+12.1%/yr)SHEL +230.0% (+12.7%/yr)SHEL compounded faster over this window
100200300Start $10020182020202220242026$313$330
CVX SHEL

CVX vs SHEL: by the numbers

  • •CVX is the larger company ($411.01B vs $268.97B market cap).
  • •SHEL trades at the lower trailing earnings multiple (10.65 vs 19.79 P/E), one valuation lens rather than an overall verdict.
  • •CVX converts more revenue to profit (9.87% vs 8.76% net margin).
  • •CVX grew revenue faster over the past five years (12.46% vs 7.75% CAGR).
  • •CVX pays the higher dividend yield (3.29% vs 3.12%).

Metrics side by side

Valuation

MetricCVXSHEL
P/E ratio19.7910.65
Forward P/E12.838.56
P/S ratio1.970.91
P/B ratio2.161.49
EV / EBITDA7.755.24
FCF yield6.57%11.73%

Profitability

MetricCVXSHEL
Gross margin31.00%17.12%
Operating margin15.83%12.28%
Net margin9.87%8.76%
ROE10.84%14.37%
ROIC7.69%7.87%

Dividends

MetricCVXSHEL
Dividend yield3.29%3.12%
Payout ratio67.59%33.36%

Growth (annualized)

MetricCVXSHEL
Revenue CAGR (5Y)12.46%7.75%
EPS CAGR (5Y)27.46%7.44%
FCF CAGR (5Y)22.77%8.90%
Total return CAGR (5Y)22.17%24.37%

Frequently asked

Which has the lower trailing P/E, CVX or SHEL?
SHEL has the lower trailing P/E: CVX trades at 19.79 and SHEL at 10.65. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CVX or SHEL?
Over the past five years, CVX grew revenue faster — CVX at a 12.46% CAGR versus SHEL at 7.75%.
Does CVX or SHEL pay a bigger dividend?
CVX yields 3.29% and SHEL yields 3.12% based on trailing dividends and the latest price.
Is CVX or SHEL more profitable?
CVX runs the higher net margin — CVX at 9.87% versus SHEL at 8.76%.
How have CVX and SHEL total returns compared?
Over the past 10 years, CVX delivered 12.41% and SHEL delivered 12.12% 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 September 13, 2026.