Chevron Corporation vs Exxon Mobil Corporation

Full side-by-side comparison — 2026

Data as of May 21, 2026 · Updated automatically

7
CVX Wins
0
Tie
12
XOM Wins

CVX

Price USD 190.73
P/E Ratio 33.4x
Div Yield 0.0365%
Beta 0.50
Sector Energy

XOM

Price USD 154.23
P/E Ratio 25.7x
Div Yield 0.0263%
Beta 0.18
Sector Energy

Price Overview

Metric CVX XOM
Current Price 190.73 154.23
Previous Close 191.01 155.29

Valuation

Metric CVX XOM
Trailing P/E 33.35 25.72
Forward P/E 15.70 14.64
Price / Book 2.06 2.46
Price / Sales 2.05 1.94
EV / EBITDA 11.18 12.13

Dividends & Income

Metric CVX XOM
Dividend Yield 0.0365% 0.0263%
Dividend Rate (Annual) 6.98 4.08
5-Year Avg Yield 4.37% 4.73%
Payout Ratio 1.2075% 0.6807%

Risk & Financial Health

Metric CVX XOM
Beta (Volatility) 0.50 0.18
Debt / Equity 23.99 18.26
Quick Ratio 0.73 0.74
Current Ratio 1.09 1.04

Growth & Profitability

Metric CVX XOM
Revenue Growth 0.0230% 0.0260%
Earnings Growth -0.4450% -0.4340%
Return on Equity 0.0664% 0.0987%
Revenue / Share 97.35 76.48
Trailing EPS 5.73 5.94
Forward EPS 12.17 10.43

Analyst Targets

Metric CVX XOM
Analyst Mean Target 214.70 166.00
Analyst High Target 236.00 185.00
Analyst Low Target 170.00 130.00

Bottom Line: CVX vs XOM

Exxon Mobil Corporation (XOM) leads on 12 of 19 comparable metrics.

Exxon Mobil Corporation is the stronger pick for value investors, while Chevron Corporation may appeal to other areas.

Exxon Mobil Corporation has a lower Beta (Volatility) (0.18 vs 0.50), which typically indicates less price volatility
Exxon Mobil Corporation has a lower Payout Ratio (68.07% vs 120.75%), which may suggest the dividend is more sustainable
Chevron Corporation has a higher Dividend Rate (Annual) (6.98 vs 4.08), which means a larger absolute dividend payment per share

This comparison is based on publicly available financial data and is for informational purposes only. It is not investment advice. Past performance does not guarantee future results.

XOM Exxon Mobil Corporation

Best for Value Investors
• Lower Trailing P/E: 25.72
• Lower Forward P/E: 14.64
• Lower Price / Sales: 1.94
Best for Income Investors
• Higher 5-Year Avg Yield: 4.73%
• Lower Payout Ratio: 68.07%
Best for Growth Investors
• Higher Revenue Growth: 2.60%
• Higher Earnings Growth: -43.40%
• Higher Return on Equity: 9.87%
Best for Conservative Investors
• Lower Beta (Volatility): 0.18
• Lower Debt / Equity: 18.26
• Higher Quick Ratio: 0.74

Watch Out

CVX's earnings declined 44% — declining profits may mean current valuation metrics (PE, payout ratio) are misleading.

XOM's earnings declined 43% — declining profits may mean current valuation metrics (PE, payout ratio) are misleading.

Analyst Upside / Downside

CVX
+12.6%
XOM
+7.6%

Based on analyst mean price targets. Estimates are not guaranteed and may not reflect future performance.

About These Companies

Chevron Corporation (CVX)

Energy · United States · NYQ

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant. Its Downstream …

View CVX details →

Exxon Mobil Corporation (XOM)

Energy · United States · NYQ

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States, Canada, and internationally. The company operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. Its Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, and catalysts, as well as licensing services. Its Chemical Products segment manufactures and sells olefins, polyolefins, and intermediates. The Specialty Products segment offers finished lubricants, basestocks, …

View XOM details →

Frequently Asked Questions

Which has a better dividend yield, CVX or XOM?
Chevron Corporation currently has the higher dividend yield. Chevron Corporation (CVX) yields 3.65% while Exxon Mobil Corporation (XOM) yields 2.63%. Past dividends do not guarantee future payments.
Which is more volatile, CVX or XOM?
Chevron Corporation is more volatile based on beta. Chevron Corporation has a beta of 0.50 and Exxon Mobil Corporation has a beta of 0.18. A beta above 1.0 means higher volatility than the overall market.
Which is cheaper by P/E ratio, CVX or XOM?
Exxon Mobil Corporation has the lower trailing P/E ratio. Chevron Corporation trades at 33.4x earnings while Exxon Mobil Corporation trades at 25.7x. A lower P/E may suggest better relative value, but could also reflect lower growth expectations.
Which has more analyst upside, CVX or XOM?
Based on mean analyst price targets, Chevron Corporation has more upside potential. Chevron Corporation has +12.6% upside and Exxon Mobil Corporation has +7.6% upside from current prices. Analyst estimates are not guaranteed.
Can I track both CVX and XOM in one portfolio?
Yes. AllInvestView lets you add both Chevron Corporation and Exxon Mobil Corporation to the same portfolio and monitor price changes, dividends, total return, and allocation — completely free.

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