CVX vs HON: Which Is the Better Buy?

Side-by-side comparison of Chevron Corporation and Honeywell International Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-14.
Chevron Corporation · Energy
$175.91
-3.4% upside to fair value
Grade D
VS
Honeywell International Inc. · Industrials
$222.25
-5.5% upside to fair value
Grade D High Quality
QuantHub Verdict
CVX has more upside to fair value (-3.4%). HON trades at a lower forward P/E (15.7x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric CVX HON
Current Price $175.91 $222.25
Fair Value Estimate $169.96 $210.05
Upside to Fair Value -3.4% -5.5%
Market Cap $350.3B $70.4B
Forward P/E 30.4x 15.7x
EV / EBITDA 9.4x 13.1x
Price / Sales 1.9x 1.9x
Price / FCF 26.2x 17.1x
Revenue Growth YoY +3.2% -6.9%
Gross Margin 25.4% 36.9%
Operating Margin 8.4% 14.9%
Return on Equity 6.2% 23.6%
Dividend Yield 0% 0%
FCF Yield 3.82% 5.84%
Analyst Consensus Buy Strong Buy
Investment Thesis
CVX — Chevron Corporation
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
HON — Honeywell International Inc.
Honeywell International Inc. operates as a diversified industrial conglomerate with a strong presence in multiple sectors including aerospace, building technologies, and performance materials. The company demonstrates high business quality with a durable competitive moat supported by strong margins, a 23.6% return on equity, and solid free cash flow generation of $16.78 per share. However, recent…
Accumulation Zones
Metric CVX HON
Zone Low $127.47 $157.54
Zone High $144.47 $178.54
In Buy Zone? No No
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