Comprehensive Stock Comparison
Compare YPF Sociedad Anónima (YPF) vs Chevron Corporation (CVX) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
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Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | YPF | 265.7% revenue growth vs CVX's -1.8% |
| Value | YPF | Lower P/E (0.0x vs 27.8x) |
| Quality / Margins | CVX | 6.6% net margin vs YPF's -3.7% |
| Stability / Safety | CVX | Beta 0.66 vs YPF's 1.20, lower leverage |
| Dividends | CVX | 3.5% yield; 7-year raise streak; YPF pays no meaningful dividend |
| Momentum (1Y) | CVX | +22.1% vs YPF's +1.0% |
| Efficiency (ROA) | CVX | 3.8% ROA vs YPF's -1.4%, ROIC 12.6% vs 8.1% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Defensive / Recession hedge
Business Model
What each company does and how it makes money
YPF is Argentina's largest integrated oil and gas company, operating across the entire energy value chain from exploration to retail fuel sales. It generates revenue primarily from upstream oil and gas production (roughly 60% of revenue) and downstream refining and marketing operations (roughly 40%), including its extensive network of service stations. The company's key advantage is its dominant position as Argentina's national champion in energy—controlling significant reserves, refineries, and distribution infrastructure that create substantial barriers to entry.
Chevron is a global integrated energy company that explores for, produces, and refines oil and natural gas. It makes money primarily through upstream oil and gas production (~60% of earnings) and downstream refining and marketing of petroleum products (~40%). Its competitive advantage lies in massive scale, vertically integrated operations, and decades of technical expertise in complex energy projects.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
CVX leads in 4 of 6 categories (Financial Metrics, Profitability & Efficiency). YPF leads in 1 (Valuation Metrics). 1 tied.
Financial Metrics (TTM)
YPF is the larger business by revenue, generating $16.54T annually — 89.0x CVX's $185.9B. CVX is the more profitable business, keeping 6.6% of every revenue dollar as net income compared to YPF's -3.7%. On growth, YPF holds the edge at +33.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | YPFYPF Sociedad Anón… | CVXChevron Corporati… |
|---|---|---|
| RevenueTrailing 12 months | $16.54T | $185.9B |
| EBITDAEarnings before interest/tax | $2.65T | $30.4B |
| Net IncomeAfter-tax profit | -$604.1B | $12.3B |
| Free Cash FlowCash after capex | -$259.1B | $16.2B |
| Gross MarginGross profit ÷ Revenue | +26.4% | +14.7% |
| Operating MarginEBIT ÷ Revenue | +3.6% | +5.5% |
| Net MarginNet income ÷ Revenue | -3.7% | +6.6% |
| FCF MarginFCF ÷ Revenue | -1.6% | +8.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +33.9% | -5.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -120.3% | -23.6% |
Valuation Metrics
At 8.0x trailing earnings, YPF trades at a 58% valuation discount to CVX's 19.2x P/E. On an enterprise value basis, YPF's 6.5x EV/EBITDA is more attractive than CVX's 8.3x.
| Metric | YPFYPF Sociedad Anón… | CVXChevron Corporati… |
|---|---|---|
| Market CapShares × price | $13.9B | $369.8B |
| Enterprise ValueMkt cap + debt − cash | $20.1B | $387.5B |
| Trailing P/EPrice ÷ TTM EPS | 7.99x | 19.21x |
| Forward P/EPrice ÷ next-FY EPS est. | 0.01x | 27.77x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.43x |
| EV / EBITDAEnterprise value multiple | 6.51x | 8.28x |
| Price / SalesMarket cap ÷ Revenue | 0.99x | 1.91x |
| Price / BookPrice ÷ Book value/share | 1.60x | 2.22x |
| Price / FCFMarket cap ÷ FCF | 9999.00x | 24.58x |
Profitability & Efficiency
CVX delivers a 6.6% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-4 for YPF. CVX carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to YPF's 0.82x. On the Piotroski fundamental quality scale (0–9), CVX scores 5/9 vs YPF's 4/9, reflecting solid financial health.
| Metric | YPFYPF Sociedad Anón… | CVXChevron Corporati… |
|---|---|---|
| ROE (TTM)Return on equity | -3.6% | +6.6% |
| ROA (TTM)Return on assets | -1.4% | +3.8% |
| ROICReturn on invested capital | +8.1% | +12.6% |
| ROCEReturn on capital employed | +8.1% | +13.0% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.82x | 0.16x |
| Net DebtTotal debt minus cash | $8.83T | $17.8B |
| Cash & Equiv.Liquid assets | $1.15T | $6.8B |
| Total DebtShort + long-term debt | $9.98T | $24.5B |
| Interest CoverageEBIT ÷ Interest expense | 0.94x | 17.22x |
Total Returns (with DRIP)
A $10,000 investment in YPF five years ago would be worth $85,072 today (with dividends reinvested), compared to $21,326 for CVX. Over the past 12 months, CVX leads with a +22.1% total return vs YPF's +1.0%. The 3-year compound annual growth rate (CAGR) favors YPF at 44.3% vs CVX's 8.7% — a key indicator of consistent wealth creation.
| Metric | YPFYPF Sociedad Anón… | CVXChevron Corporati… |
|---|---|---|
| YTD ReturnYear-to-date | -2.5% | +20.9% |
| 1-Year ReturnPast 12 months | +1.0% | +22.1% |
| 3-Year ReturnCumulative with dividends | +200.7% | +28.4% |
| 5-Year ReturnCumulative with dividends | +750.7% | +113.3% |
| 10-Year ReturnCumulative with dividends | +98.5% | +188.7% |
| CAGR (3Y)Annualised 3-year return | +44.3% | +8.7% |
Risk & Volatility
CVX is the less volatile stock with a 0.66 beta — it tends to amplify market swings less than YPF's 1.20 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CVX currently trades 99.4% from its 52-week high vs YPF's 87.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | YPFYPF Sociedad Anón… | CVXChevron Corporati… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.20x | 0.66x |
| 52-Week HighHighest price in past year | $40.38 | $187.90 |
| 52-Week LowLowest price in past year | $22.82 | $132.04 |
| % of 52W HighCurrent price vs 52-week peak | +87.6% | +99.4% |
| RSI (14)Momentum oscillator 0–100 | 43.8 | 64.7 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 9.5M |
Analyst Outlook
Wall Street rates YPF as "Buy" and CVX as "Buy". Consensus price targets imply 32.8% upside for YPF (target: $47) vs -1.2% for CVX (target: $185). CVX is the only dividend payer here at 3.48% yield — a key consideration for income-focused portfolios.
| Metric | YPFYPF Sociedad Anón… | CVXChevron Corporati… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $47.00 | $184.54 |
| # AnalystsCovering analysts | 15 | 51 |
| Dividend YieldAnnual dividend ÷ price | — | +3.5% |
| Dividend StreakConsecutive years of raises | 1 | 7 |
| Dividend / ShareAnnual DPS | — | $6.49 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +4.2% |
Historical Charts
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Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Mar 20 | Feb 26 | Change |
|---|---|---|---|
| YPF Sociedad Anónima (YPF) | 100 | 483.33 | +383.3% |
| Chevron Corporation (CVX) | 100 | 180.17 | +80.2% |
YPF Sociedad Anónima (YPF) returned +751% over 5 years vs Chevron Corporation (CVX)'s +113%. A $10,000 investment in YPF 5 years ago would be worth $85,072 today (including dividends reinvested).
Chart 2Revenue Growth — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| YPF Sociedad Anónima (YPF) | $156.1B | $19.7T | +12515.7% |
| Chevron Corporation (CVX) | $129.9B | $193.4B | +48.9% |
YPF Sociedad Anónima's revenue grew from $156.1B (2015) to $19.7T (2024) — a 71.2% CAGR. Chevron Corporation's revenue grew from $129.9B (2015) to $193.4B (2024) — a 4.5% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| YPF Sociedad Anónima (YPF) | 2.9% | 12.3% | +318.7% |
| Chevron Corporation (CVX) | 3.5% | 9.1% | +158.6% |
YPF Sociedad Anónima's net margin went from 3% (2015) to 12% (2024). Chevron Corporation's net margin went from 4% (2015) to 9% (2024).
Chart 4P/E Ratio History — 7 Years
| Stock | 2017 | 2024 | Change |
|---|---|---|---|
| YPF Sociedad Anónima (YPF) | 0.7 | 0 | -100.0% |
| Chevron Corporation (CVX) | 25.8 | 14.9 | -42.2% |
YPF Sociedad Anónima has traded in a 0x–1x P/E range over 4 years; current trailing P/E is ~8x. Chevron Corporation has traded in a 10x–78x P/E range over 7 years; current trailing P/E is ~19x.
Chart 5EPS Growth — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| YPF Sociedad Anónima (YPF) | 11.68 | 6,241.8 | +53340.1% |
| Chevron Corporation (CVX) | 2.45 | 9.72 | +296.7% |
YPF Sociedad Anónima's EPS grew from $11.68 (2015) to $6241.80 (2024) — a 101% CAGR. Chevron Corporation's EPS grew from $2.45 (2015) to $9.72 (2024) — a 17% CAGR.
Chart 6Free Cash Flow — 5 Years
YPF Sociedad Anónima generated $477M FCF in 2024 (-100% vs 2021). Chevron Corporation generated $15B FCF in 2024 (-29% vs 2021).
YPF vs CVX: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is YPF or CVX a better buy right now?
YPF Sociedad Anónima (YPF) offers the better valuation at 8.0x trailing P/E (0.0x forward), making it the more compelling value choice. Analysts rate YPF Sociedad Anónima (YPF) a "Buy" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — YPF or CVX?
On trailing P/E, YPF Sociedad Anónima (YPF) is the cheapest at 8.0x versus Chevron Corporation at 19.2x. On forward P/E, YPF Sociedad Anónima is actually cheaper at 0.0x.
03Which is the better long-term investment — YPF or CVX?
Over the past 5 years, YPF Sociedad Anónima (YPF) delivered a total return of +750.7%, compared to +113.3% for Chevron Corporation (CVX). A $10,000 investment in YPF five years ago would be worth approximately $85K today (assuming dividends reinvested). Over 10 years, the gap is even starker: CVX returned +188.7% versus YPF's +98.5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — YPF or CVX?
By beta (market sensitivity over 5 years), Chevron Corporation (CVX) is the lower-risk stock at 0.66β versus YPF Sociedad Anónima's 1.20β — meaning YPF is approximately 81% more volatile than CVX relative to the S&P 500. On balance sheet safety, Chevron Corporation (CVX) carries a lower debt/equity ratio of 16% versus 82% for YPF Sociedad Anónima — giving it more financial flexibility in a downturn.
05Which has better profit margins — YPF or CVX?
YPF Sociedad Anónima (YPF) is the more profitable company, earning 12.3% net margin versus 9.1% for Chevron Corporation — meaning it keeps 12.3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CVX leads at 15.0% versus 7.7% for YPF. At the gross margin level — before operating expenses — CVX leads at 29.4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is YPF or CVX more undervalued right now?
On forward earnings alone, YPF Sociedad Anónima (YPF) trades at 0.0x forward P/E versus 27.8x for Chevron Corporation — 27.8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for YPF: 32.8% to $47.00.
07Which pays a better dividend — YPF or CVX?
In this comparison, CVX (3.5% yield) pays a dividend. YPF does not pay a meaningful dividend and should not be held primarily for income.
08Is YPF or CVX better for a retirement portfolio?
For long-horizon retirement investors, Chevron Corporation (CVX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.66), 3.5% yield, +188.7% 10Y return). Both have compounded well over 10 years (CVX: +188.7%, YPF: +98.5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between YPF and CVX?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: YPF is a mid-cap deep-value stock; CVX is a large-cap income-oriented stock. CVX pays a dividend while YPF does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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