Chevron Corporation (CVX) vs SLB N.V. (SLB)

CVX leads on 11 of 17 compared metrics, though SLB is the cheaper stock.

A side-by-side comparison of Chevron Corporation and SLB N.V. 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 — CVX vs SLB

growth of $100 · last 30y
CVX +528.0%SLB +193.5%CVX compounded faster
200400600Start $100200120062011201620212026$628$294
CVX SLB

CVX vs SLB: by the numbers

  • CVX is the larger company ($372.87B vs $83.99B market cap).
  • SLB trades at the lower earnings multiple (24.75 vs 32.45 P/E).
  • SLB converts more revenue to profit (9.20% vs 5.92% net margin).
  • CVX grew revenue faster over the past five years (14.17% vs 10.96% CAGR).
  • CVX pays the higher dividend yield (3.73% vs 2.06%).

Which is better, CVX or SLB?

Metric tally: CVX 11 · SLB 6

It depends on what you're optimizing for:

ValueSLB(lower P/E)
GrowthCVX(faster 5Y revenue CAGR)
IncomeCVX(higher dividend yield)
QualitySLB(higher ROIC)

Valuation

MetricCVXSLB
P/E ratio32.4524.75
Forward P/E15.2016.84
P/S ratio2.002.37
P/B ratio2.023.25
PEG ratio1.183.85
EV / EBITDA9.9314.09
FCF yield3.60%5.49%

Profitability

MetricCVXSLB
Gross margin25.43%17.33%
Operating margin8.40%14.44%
Net margin5.92%9.20%
ROE5.99%12.63%
ROIC3.59%10.34%

Dividends

MetricCVXSLB
Dividend yield3.73%2.06%
Payout ratio104.96%48.74%

Growth (annualized)

MetricCVXSLB
Revenue CAGR (5Y)14.17%10.96%
EPS CAGR (5Y)27.46%6.42%
FCF CAGR (5Y)39.67%23.49%
Total return CAGR (5Y)16.33%12.44%

Frequently asked

Which is better, CVX or SLB?
It depends on your goal. value: SLB (lower P/E); growth: CVX (faster 5Y revenue CAGR); income: CVX (higher dividend yield); quality: SLB (higher ROIC). Across all compared metrics, CVX leads 11 to 6.
Is CVX or SLB cheaper?
On trailing earnings, SLB is cheaper: CVX trades at a 32.45 P/E and SLB at 24.75.
Which has grown faster, CVX or SLB?
Over the past five years, CVX grew revenue faster — CVX at a 14.17% CAGR versus SLB at 10.96%.
Does CVX or SLB pay a bigger dividend?
CVX yields 3.73% and SLB yields 2.06% based on trailing dividends and the latest price.
Is CVX or SLB more profitable?
SLB runs the higher net margin — CVX at 5.92% versus SLB at 9.20%.
Which has been the better investment, CVX or SLB?
Over the past 10-year, CVX delivered the higher annualized total return — CVX at 10.86% versus SLB at -0.53%. 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 June 13, 2026.