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 2026-09-24.
Chevron Corporation · Energy
$205.52
+35.9% upside to fair value
Med Conviction
Grade B
High Quality
VS
McDonald's Corporation · Consumer Cyclical
$252.78
+40.7% upside to fair value
Med Conviction
Grade A
High Quality
QuantHub Verdict
MCD has more upside to fair value
(+40.7%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
MCD |
| Current Price |
$205.52 |
$252.78 |
| Fair Value Estimate |
$279.29 |
$355.71 |
| Upside to Fair Value |
+35.9%
|
+40.7%
|
| Market Cap |
$409.3B |
$179.6B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
7.8x
|
15.5x
|
| Price / Sales |
2.0x
|
6.5x
|
| Price / FCF |
15.0x
|
23.1x
|
| Revenue Growth YoY |
+51.4%
|
+3.8%
|
| Gross Margin |
31.0%
|
57.4%
|
| Operating Margin |
15.8%
|
45.8%
|
| Return on Equity |
11.0%
|
-561.2%
|
| Dividend Yield |
3.43% |
2.94% |
| FCF Yield |
6.67%
|
4.32%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
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…
McDonald's operates a globally scaled, approximately 95% franchised restaurant system with 46,028 restaurants in more than 100 countries, combining a powerful consumer brand, real-estate-backed franchise economics, supplier scale and digital loyalty reach. Business quality is high despite meaningful leverage: TTM gross, operating and net margins are 57.4%, 45.8% and 31.7%, respectively, while loy…
Accumulation Zones
| Metric |
CVX |
MCD |
| Zone Low |
$209.47 |
$266.78 |
| Zone High |
$237.40 |
$302.35 |
| In Buy Zone? |
Yes
|
Yes
|