CVX vs RTX: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and RTX Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-04.
Chevron Corporation · Energy
$193.33
-13.1% upside to fair value
Grade D
VS
RTX Corporation · Industrials
$172.90
-21.3% upside to fair value
Grade D
QuantHub Verdict
CVX has more upside to fair value
(-13.1%).
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 |
CVX |
RTX |
| Current Price |
$193.33 |
$172.90 |
| Fair Value Estimate |
$168.03 |
$136.05 |
| Upside to Fair Value |
-13.1%
|
-21.3%
|
| Market Cap |
$385.8B |
$232.8B |
| Forward P/E |
31.3x
|
32.1x
|
| EV / EBITDA |
10.3x
|
19.2x
|
| Price / Sales |
2.1x
|
2.6x
|
| Price / FCF |
23.8x
|
27.9x
|
| Revenue Growth YoY |
-5.3%
|
+8.7%
|
| Gross Margin |
30.4%
|
20.2%
|
| Operating Margin |
9.0%
|
10.4%
|
| Return on Equity |
7.3%
|
11.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
4.19%
|
3.59%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
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…
RTX Corporation is a leading aerospace and defense company with a diversified portfolio spanning Pratt & Whitney jet engines, Collins Aerospace avionics, and Raytheon Intelligence & Space defense systems. The company benefits from a strong competitive moat supported by a $271 billion backlog and multi-year contracts, driving consistent revenue growth of 10% in 2025 and 9% in Q1 2026. Earnings gro…
Accumulation Zones
| Metric |
CVX |
RTX |
| Zone Low |
$126.02 |
$102.04 |
| Zone High |
$142.83 |
$115.64 |
| In Buy Zone? |
No
|
No
|