CVX vs. XOM
Compare and contrast key facts about Chevron Corporation (CVX) and Exxon Mobil Corporation (XOM).
Performance
CVX vs. XOM - Performance Comparison
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CVX vs. XOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 37.08% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
XOM Exxon Mobil Corporation | 41.92% | 15.98% | 11.26% | -6.26% | 87.41% | 57.58% | -36.21% | 7.23% | -15.09% | -3.81% |
Fundamentals
CVX:
$6.70
XOM:
$10.37
CVX:
30.86
XOM:
16.35
CVX:
4.55
XOM:
0.40
CVX:
2.04
XOM:
1.50
CVX:
$187.03B
XOM:
$327.29B
CVX:
$34.38B
XOM:
$81.32B
CVX:
$41.09B
XOM:
$61.89B
Returns By Period
In the year-to-date period, CVX achieves a 37.08% return, which is significantly lower than XOM's 41.92% return. Over the past 10 years, CVX has outperformed XOM with an annualized return of 12.88%, while XOM has yielded a comparatively lower 12.20% annualized return.
CVX
- 1D
- -1.81%
- 1M
- 10.78%
- YTD
- 37.08%
- 6M
- 36.04%
- 1Y
- 29.24%
- 3Y*
- 12.92%
- 5Y*
- 19.23%
- 10Y*
- 12.88%
XOM
- 1D
- -1.06%
- 1M
- 11.25%
- YTD
- 41.92%
- 6M
- 52.80%
- 1Y
- 47.56%
- 3Y*
- 19.66%
- 5Y*
- 29.06%
- 10Y*
- 12.20%
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Return for Risk
CVX vs. XOM — Risk / Return Rank
CVX
XOM
CVX vs. XOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and Exxon Mobil Corporation (XOM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CVX | XOM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.92 | -0.75 |
Sortino ratioReturn per unit of downside risk | 1.59 | 2.44 | -0.85 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.33 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.46 | 3.06 | -1.59 |
Martin ratioReturn relative to average drawdown | 3.16 | 7.95 | -4.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CVX | XOM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.92 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 1.10 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.44 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.49 | -0.10 |
Correlation
The correlation between CVX and XOM is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CVX vs. XOM - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.34%, more than XOM's 2.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.34% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
XOM Exxon Mobil Corporation | 2.38% | 3.32% | 3.57% | 3.68% | 3.22% | 5.70% | 8.44% | 4.92% | 4.74% | 3.66% | 3.30% | 3.69% |
Drawdowns
CVX vs. XOM - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, smaller than the maximum XOM drawdown of -62.40%. Use the drawdown chart below to compare losses from any high point for CVX and XOM.
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Drawdown Indicators
| CVX | XOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -62.40% | +6.63% |
Max Drawdown (1Y)Largest decline over 1 year | -20.64% | -16.05% | -4.59% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -20.51% | -4.44% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | -61.34% | +5.57% |
Current DrawdownCurrent decline from peak | -2.01% | -1.06% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -11.40% | -10.20% | -1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.56% | 6.17% | +3.39% |
Volatility
CVX vs. XOM - Volatility Comparison
Chevron Corporation (CVX) and Exxon Mobil Corporation (XOM) have volatilities of 6.11% and 6.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVX | XOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 6.40% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 14.76% | 16.13% | -1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.01% | 24.86% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.97% | 26.49% | -1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.99% | 27.88% | +1.11% |
Financials
CVX vs. XOM - Financials Comparison
This section allows you to compare key financial metrics between Chevron Corporation and Exxon Mobil Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CVX vs. XOM - Profitability Comparison
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Chevron Corporation reported a gross profit of 12.17B and revenue of 46.87B. Therefore, the gross margin over that period was 26.0%.
XOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Exxon Mobil Corporation reported a gross profit of 26.20B and revenue of 83.43B. Therefore, the gross margin over that period was 31.4%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Chevron Corporation reported an operating income of 4.60B and revenue of 46.87B, resulting in an operating margin of 9.8%.
XOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Exxon Mobil Corporation reported an operating income of 9.81B and revenue of 83.43B, resulting in an operating margin of 11.8%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Chevron Corporation reported a net income of 2.85B and revenue of 46.87B, resulting in a net margin of 6.1%.
XOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Exxon Mobil Corporation reported a net income of 7.61B and revenue of 83.43B, resulting in a net margin of 9.1%.