Which has the lower trailing P/E, CVX or SHEL?

SHEL has the lower trailing P/E: CVX trades at 19.18 and SHEL at 9.92. 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 3.49% and SHEL yields 4.16% 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 11.57% and SHEL delivered 11.15% annualized total return. Past performance doesn't predict future results.

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 August 15, 2026. Differences are shown without an overall score or investment verdict.

CVX

Chevron Corporation

$398.34B

$200.01EnergyAt close: Aug 14, 2026, 4:00 PM ET

SHEL

Shell plc

$252.24B

$90.47EnergyDelayed quote: Aug 14, 2026, 4:00 PM EDT

Total return — CVX vs SHEL

growth of $100 · dividends reinvested · last 10y

CVX +175.6% (+10.7%/yr)SHEL +187.3% (+11.1%/yr)SHEL compounded faster over this window

CVX SHEL

CVX vs SHEL: by the numbers

•CVX is the larger company ($398.34B vs $252.24B market cap).
•SHEL trades at the lower trailing earnings multiple (9.92 vs 19.18 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).
•SHEL pays the higher dividend yield (4.16% vs 3.49%).

Metrics side by side

Valuation

Metric	CVX	SHEL
P/E ratio	19.18	9.92
Forward P/E	13.56	8.32
P/S ratio	1.89	0.85
P/B ratio	2.08	1.40
EV / EBITDA	7.47	4.98
FCF yield	6.41%	12.45%

Profitability

Metric	CVX	SHEL
Gross margin	31.00%	17.12%
Operating margin	15.83%	12.28%
Net margin	9.87%	8.76%
ROE	10.84%	14.37%
ROIC	3.59%	5.65%

Dividends

Metric	CVX	SHEL
Dividend yield	3.49%	4.16%
Payout ratio	104.96%	61.69%

Growth (annualized)

Metric	CVX	SHEL
Revenue CAGR (5Y)	12.46%	7.75%
EPS CAGR (5Y)	27.46%	7.44%
FCF CAGR (5Y)	21.21%	8.90%
Total return CAGR (5Y)	19.22%	21.76%

Frequently asked

Which has the lower trailing P/E, CVX or SHEL?: SHEL has the lower trailing P/E: CVX trades at 19.18 and SHEL at 9.92. 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 3.49% and SHEL yields 4.16% 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 11.57% and SHEL delivered 11.15% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CVX analysis Full SHEL analysis Interactive comparison tool

Dig into the metrics

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

Chevron & Shell appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest FCF Yield Stocks Lowest P/E Ratio 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 August 15, 2026.