CVX vs MCD: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and McDonald's Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-11.
Chevron Corporation · Energy
$188.52
-23.1% upside to fair value
Grade D
VS
McDonald's Corporation · Consumer Cyclical
$305.68
+4.7% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
MCD has more upside to fair value
(+4.7%).
CVX trades at a lower forward P/E
(22.9x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
MCD |
| Current Price |
$188.52 |
$305.68 |
| Fair Value Estimate |
$145.00 |
$320.00 |
| Upside to Fair Value |
-23.1%
|
+4.7%
|
| Market Cap |
$376.9B |
$218.1B |
| Forward P/E |
22.9x
|
24.5x
|
| EV / EBITDA |
7.8x
|
18.6x
|
| Price / Sales |
1.5x
|
8.1x
|
| Price / FCF |
17.0x
|
30.3x
|
| Revenue Growth YoY |
-4.6%
|
+3.7%
|
| Gross Margin |
30.4%
|
57.4%
|
| Operating Margin |
9.0%
|
46.1%
|
| Return on Equity |
6.6%
|
—
|
| Dividend Yield |
4.52% |
2.4% |
| FCF Yield |
5.89%
|
3.3%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
Chevron Corporation is a leading integrated oil and gas major with global upstream and downstream operations, a fortress balance sheet, and a shareholder-friendly capital return program. Under CEO Mike Wirth, the company has prioritized disciplined capital allocation, returning over $27 billion to shareholders in 2024 alone through buybacks and dividends, while maintaining a 38-year streak of con…
McDonald's operates the world's largest quick-service restaurant franchise with over 40,000 locations across 100+ countries, generating $26.9B in FY2025 revenue with roughly 60% from franchised operations. The asset-light franchise model produces 46% operating margins and $7.2B in annual free cash flow. Revenue growth reaccelerated modestly to 3.7% in FY2025 from 1.7% in FY2024, driven by the Int…
Accumulation Zones
| Metric |
CVX |
MCD |
| Zone Low |
$108.75 |
$240.00 |
| Zone High |
$123.25 |
$272.00 |
| In Buy Zone? |
No
|
No
|