COST vs CVX: Which Is the Better Buy?
Side-by-side comparison of Costco Wholesale Corporation and Chevron Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-25.
Costco Wholesale Corporation · Consumer Defensive
$896.48
+24.7% upside to fair value
Med Conviction
Grade B
High Quality
VS
Chevron Corporation · Energy
$205.52
+35.9% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
CVX has more upside to fair value
(+35.9%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
COST |
CVX |
| Current Price |
$896.48 |
$205.52 |
| Fair Value Estimate |
$1,117.50 |
$279.29 |
| Upside to Fair Value |
+24.7%
|
+35.9%
|
| Market Cap |
$397.6B |
$409.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
32.7x
|
7.8x
|
| Price / Sales |
1.3x
|
2.0x
|
| Price / FCF |
42.4x
|
15.0x
|
| Revenue Growth YoY |
+11.1%
|
+51.4%
|
| Gross Margin |
17.5%
|
31.0%
|
| Operating Margin |
3.9%
|
15.8%
|
| Return on Equity |
28.0%
|
11.0%
|
| Dividend Yield |
0.62% |
3.43% |
| FCF Yield |
2.36%
|
6.67%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Costco Wholesale Corporation operates a global network of membership-based warehouse clubs, selling branded and private-label merchandise across the United States, Canada, Mexico, Japan, the United Kingdom, South Korea, Taiwan, Australia, Spain, France, Iceland, and China, supplemented by pharmacies, optical centers, food courts, hearing aid centers, tire installation, 636 gas stations, and e-com…
Chevron is a global integrated oil and gas major organized into Upstream and Downstream segments, spanning crude oil and natural gas exploration, LNG processing and transport, refining, petrochemicals, and lubricants, with 43,039 full-time employees and a market capitalization of $409.31 billion at a current price of $205.52. The business quality is high: it generates $13.71 of free cash flow per…
Accumulation Zones
| Metric |
COST |
CVX |
| Zone Low |
$838.12 |
$209.47 |
| Zone High |
$949.88 |
$237.40 |
| In Buy Zone? |
Yes
|
Yes
|