COP vs CVX
ConocoPhillips (COP) and Chevron (CVX) compared side by side. Chevron (CVX) is larger, with a market cap of $457.5B versus $181.2B for ConocoPhillips, about 2.5 times the size. On trailing earnings, COP is cheaper at 20.0x versus 22.4x for CVX.
Head to head
| Metric | COP | CVX |
|---|---|---|
| Market cap | $181.2B | $457.5B |
| P/E (TTM) | 20.0x | 22.4x |
| Forward P/E | 14.0x | 14.8x |
| Revenue (TTM) | $64.5B | $209.4B |
| Revenue growth | 35.5% | 53.5% |
| Gross margin | 47.6% | 44.3% |
| Operating margin | 31.5% | 21.9% |
| Free cash flow | $10.1B | $27.0B |
| Dividend yield | 2.23% | 3.05% |
| 1-year return | +72.7% | +54.8% |
| 5-year return (annual) | +18.9% | +20.4% |
| Max drawdown | -71% | -58% |
| FI Handbook grade | B | B |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
COP vs CVX FAQ
Which is bigger, COP or CVX?
Chevron (CVX) is larger, with a market cap of $457.5B versus $181.2B for ConocoPhillips, about 2.5 times the size.
Is COP or CVX cheaper?
On trailing earnings, COP is cheaper at 20.0x versus 22.4x for CVX. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, COP or CVX?
COP returned +72.7% over the past year including dividends, versus +54.8% for CVX, through October 23, 2026.
Which pays a higher dividend, COP or CVX?
CVX yields 3.05% versus 2.23% for COP.
Full pages: ConocoPhillips · Chevron