Chevron Corporation (CVX) vs Shell PLC Unsponsored ADR (SHEL)

Chevron Corporation and Shell PLC Unsponsored ADR are both Oil & Gas Integrated companies. Chevron Corporation is the larger, with a market value of $415.4B against $284.5B — 1.5× the size. Shell PLC Unsponsored ADR trades at the lower P/E: 8.6× against 15.5×. Chevron Corporation grew revenue faster over the last twelve months: 20.0% against 20.0%. Chevron Corporation has the higher net margin (11.6% vs 9.96%) and the lower return on invested capital (0.00% vs 15.2%). Across the 21 metrics below, Shell PLC Unsponsored ADR leads on 14 and Chevron Corporation on 7.

Valuation

Metric CVX SHEL Oil & Gas Integrated median
P/E 15.50 8.60 8.84
P/S 1.79 0.86 1.10
P/B 2.14 1.41 1.43
Price to free cash flow 12.26 6.98 8.19
EV/EBITDA 8.02 3.86 4.43
EV/Sales 1.91 0.94 1.48
Earnings yield 6.45% 11.63% 9.76%
Free cash flow yield 8.16% 14.33% 7.35%

Profitability

Metric CVX SHEL Oil & Gas Integrated median
Gross margin 43.46% 28.15% 39.93%
Operating margin 17.24% 16.71% 17.07%
Net margin 11.56% 9.96% 10.24%
Free cash flow margin 14.60% 12.28% 11.16%
Return on equity 0.00% 17.34% 14.86%
Return on assets 0.00% 8.19% 7.07%
Return on invested capital 0.00% 15.18% 12.85%

Growth

Metric CVX SHEL Oil & Gas Integrated median
Revenue growth (TTM) 20.04% 19.99% 13.45%
EPS growth (last fiscal year) (31.79%) 18.58% (14.54%)
Revenue growth, 5-year CAGR 14.83% 8.36% 12.04%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVX SHEL Oil & Gas Integrated median
Debt to equity 0.19 0.38 0.53
Current ratio 1.25 1.38 1.19
Net debt to EBITDA 0.84 0.61 0.80

Dividend

Metric CVX SHEL Oil & Gas Integrated median
Dividend yield 3.30% — 3.83%
Payout ratio 0.51 — 0.34

Size

Metric CVX SHEL Oil & Gas Integrated median
Market cap 415.43b 284.46b 47.17b

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