CAT vs CVX: Which Is the Better Buy?
Side-by-side comparison of Caterpillar Inc. and Chevron Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-13.
Caterpillar Inc. · Industrials
$912.14
-47.9% upside to fair value
Grade D
High Quality
VS
Chevron Corporation · Energy
$193.33
-18.2% upside to fair value
Grade D
QuantHub Verdict
CVX has more upside to fair value
(-18.2%).
CVX trades at a lower forward P/E
(31.3x).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
CAT |
CVX |
| Current Price |
$912.14 |
$193.33 |
| Fair Value Estimate |
$475.00 |
$158.09 |
| Upside to Fair Value |
-47.9%
|
-18.2%
|
| Market Cap |
$420.2B |
$385.8B |
| Forward P/E |
44.9x
|
31.3x
|
| EV / EBITDA |
30.0x
|
10.3x
|
| Price / Sales |
5.9x
|
2.1x
|
| Price / FCF |
36.7x
|
23.8x
|
| Revenue Growth YoY |
+22.2%
|
-5.3%
|
| Gross Margin |
32.5%
|
30.4%
|
| Operating Margin |
16.6%
|
9.0%
|
| Return on Equity |
47.5%
|
7.3%
|
| Dividend Yield |
1.5% |
0% |
| FCF Yield |
2.73%
|
4.19%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Caterpillar is the world's leading manufacturer of construction and mining equipment, with diversified revenue across Construction Industries, Resource Industries, Energy & Transportation, and Cat Financial. Q1 2026 results reported April 30 showed revenue of $17.4 billion (+22.2% YoY) and EPS of $5.50 (+30.3% YoY), driven by powerful demand from data center build-outs (large engine and power gen…
Chevron Corporation operates as a leading integrated oil and gas company with significant upstream and downstream operations. The company benefits from experienced leadership under CEO Mike Wirth, who has over 44 years with Chevron, and maintains a strong market position as the second largest Big Oil major by market cap and net profits. However, Chevron currently trades at a very expensive valuat…
Accumulation Zones
| Metric |
CAT |
CVX |
| Zone Low |
$356.00 |
$118.57 |
| Zone High |
$404.00 |
$134.38 |
| In Buy Zone? |
No
|
No
|