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 30yCVX +528.0%SLB +193.5%CVX compounded faster
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 6It depends on what you're optimizing for:
ValueSLB(lower P/E)
GrowthCVX(faster 5Y revenue CAGR)
IncomeCVX(higher dividend yield)
QualitySLB(higher ROIC)
Valuation
| Metric | CVX | SLB |
|---|---|---|
| P/E ratio | 32.45 | 24.75● |
| Forward P/E | 15.20● | 16.84 |
| P/S ratio | 2.00● | 2.37 |
| P/B ratio | 2.02● | 3.25 |
| PEG ratio | 1.18● | 3.85 |
| EV / EBITDA | 9.93● | 14.09 |
| FCF yield | 3.60% | 5.49%● |
Profitability
| Metric | CVX | SLB |
|---|---|---|
| Gross margin | 25.43%● | 17.33% |
| Operating margin | 8.40% | 14.44%● |
| Net margin | 5.92% | 9.20%● |
| ROE | 5.99% | 12.63%● |
| ROIC | 3.59% | 10.34%● |
Dividends
| Metric | CVX | SLB |
|---|---|---|
| Dividend yield | 3.73%● | 2.06% |
| Payout ratio | 104.96% | 48.74% |
Growth (annualized)
| Metric | CVX | SLB |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Chevron P/E ratioSLB P/E ratioChevron dividend yieldSLB dividend yieldChevron ROESLB ROEChevron operating marginSLB operating marginChevron revenue growthSLB revenue growthChevron free cash flowSLB free cash flow
Chevron & SLB appear in these rankings
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.