Chevron (CVX) vs Petroleo Brasileiro S.A. Petrobras (PBR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Petroleo Brasileiro S.A. Petrobras (PBR) has outperformed Chevron (CVX) over the past year, gaining 96.7% versus a gain of 32.6%. Over five years, PBR leads with a +117.8% price change compared with +87.4% for CVX. Chevron is the larger company by market cap ($402.46 billion vs $154.66 billion), about 2.6 times the size.
On valuation, Petroleo Brasileiro S.A. Petrobras trades at a lower forward P/E (5.8x vs 14.0x for Chevron). Petroleo Brasileiro S.A. Petrobras offers the higher dividend yield (15.28% vs 3.40%). Petroleo Brasileiro S.A. Petrobras converts more of its revenue into profit, with a net margin of 8.2% versus 6.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CVX | PBR |
|---|---|---|
| Share price | $205.17 | $24.00 |
| Market cap | $402.46B | $154.66B |
| 1-day change | -1.16% | +0.84% |
| YTD return | +34.77% | +103.80% |
| 1-year return | +32.59% | +96.66% |
| 5-year return | +87.39% | +117.76% |
| P/E ratio (TTM) | 19.75 | 6.15 |
| Forward P/E | 14.00 | 5.80 |
| EPS (TTM) | $10.39 | $3.90 |
| Dividend yield | 3.40% | 15.28% |
| Annual dividend | $6.98 | $3.67 |
| Revenue (latest FY) | $189.03B | $91.42B |
| Revenue growth (YoY) | -6.79% | -10.73% |
| Net income (latest FY) | $12.30B | $7.53B |
| Gross margin | 42.75% | 50.29% |
| Operating margin | — | 29.40% |
| Net margin | 6.51% | 8.23% |
| 52-week high | $217.78 | $24.76 |
| 52-week low | $146.49 | $11.43 |
| Distance from 52-week high | -5.79% | -3.07% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +9.48% | -2.88% |
| Average volume | 8.32M | 19.99M |
| Shares outstanding | 1.96B | 3.72B |
| Employees | 43,039 | 43,199 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Integrated | Oil & Gas Integrated |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Chevron is about 2.6 times larger than Petroleo Brasileiro S.A. Petrobras by market value ($402.46B vs $154.66B).
- PBR has outperformed CVX by 64.1 percentage points over the past year.
- Chevron trades at a higher earnings multiple (19.7x vs 6.2x trailing P/E).
- Petroleo Brasileiro S.A. Petrobras offers a meaningfully higher dividend yield (15.28% vs 3.40%).
About Chevron
CVX stock →Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations. It operates through Upstream and Downstream segments.
Energy · Oil & Gas Integrated · 43,039 employees
About Petroleo Brasileiro S.A. Petrobras
PBR stock →Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally.
Energy · Oil & Gas Integrated · 43,199 employees
CVX vs PBR FAQ
Which is bigger, Chevron or Petroleo Brasileiro S.A. Petrobras?
Chevron (CVX) is larger, with a market capitalization of $402.46B compared with $154.66B for Petroleo Brasileiro S.A. Petrobras (PBR).
Which stock has performed better over the past year, CVX or PBR?
PBR returned +96.66% over the past 12 months, compared with +32.59% for CVX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVX or PBR?
PBR has the lower trailing P/E at 6.2, versus 19.7 for CVX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Chevron or Petroleo Brasileiro S.A. Petrobras?
Petroleo Brasileiro S.A. Petrobras has the higher yield at 15.28%, compared with 3.40% for Chevron.
Are Chevron and Petroleo Brasileiro S.A. Petrobras in the same industry?
Yes. Both are classified in the Oil & Gas Integrated industry within the Energy sector.