Chevron Corporation (CVX) vs Exxon Mobil Corporation (XOM)
A side-by-side comparison of Chevron Corporation and Exxon Mobil Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
CVX
Chevron Corporation
$214.01EnergyDelayed quote: Sep 11, 2026, 3:59 PM EDT
XOM
Exxon Mobil Corporation
$166.02EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — CVX vs XOM
growth of $100 · dividends reinvested · last 10yCVX +207.2% (+11.9%/yr)XOM +201.9% (+11.7%/yr)CVX compounded faster over this window
CVX XOM
CVX vs XOM: by the numbers
- •XOM is the larger company ($688.06B vs $426.22B market cap).
- •CVX trades at the lower trailing earnings multiple (20.52 vs 21.37 P/E), one valuation lens rather than an overall verdict.
- •CVX converts more revenue to profit (9.87% vs 9.07% net margin).
- •CVX grew revenue faster over the past five years (12.46% vs 10.96% CAGR).
- •CVX pays the higher dividend yield (3.31% vs 2.51%).
Metrics side by side
Valuation
| Metric | CVX | XOM |
|---|---|---|
| P/E ratio | 20.52 | 21.37 |
| Forward P/E | 13.31 | 14.26 |
| P/S ratio | 2.04 | 1.91 |
| P/B ratio | 2.24 | 2.65 |
| EV / EBITDA | 8.02 | 10.54 |
| FCF yield | 6.34% | 4.44% |
Profitability
| Metric | CVX | XOM |
|---|---|---|
| Gross margin | 31.00% | 25.15% |
| Operating margin | 15.83% | 10.71% |
| Net margin | 9.87% | 9.07% |
| ROE | 10.84% | 12.63% |
| ROIC | 7.69% | 7.45% |
Dividends
| Metric | CVX | XOM |
|---|---|---|
| Dividend yield | 3.31% | 2.51% |
| Payout ratio | 67.59% | 53.02% |
Growth (annualized)
| Metric | CVX | XOM |
|---|---|---|
| Revenue CAGR (5Y) | 12.46% | 10.96% |
| EPS CAGR (5Y) | 27.46% | 12.19% |
| FCF CAGR (5Y) | 22.77% | 14.93% |
| Total return CAGR (5Y) | 22.03% | 29.34% |
Frequently asked
- Which has the lower trailing P/E, CVX or XOM?
- CVX has the lower trailing P/E: CVX trades at 20.52 and XOM at 21.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CVX or XOM?
- Over the past five years, CVX grew revenue faster — CVX at a 12.46% CAGR versus XOM at 10.96%.
- Does CVX or XOM pay a bigger dividend?
- CVX yields 3.31% and XOM yields 2.51% based on trailing dividends and the latest price.
- Is CVX or XOM more profitable?
- CVX runs the higher net margin — CVX at 9.87% versus XOM at 9.07%.
- How have CVX and XOM total returns compared?
- Over the past 10 years, CVX delivered 12.34% and XOM delivered 11.29% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Chevron P/E ratioExxon Mobil P/E ratioChevron dividend yieldExxon Mobil dividend yieldChevron ROEExxon Mobil ROEChevron operating marginExxon Mobil operating marginChevron revenue growthExxon Mobil revenue growthChevron free cash flowExxon Mobil free cash flow
Chevron & Exxon Mobil 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 September 11, 2026.