The invention belongs to the technical field of material preparation, and particularly relates to a silicon carbide graphite composite material and a preparation method thereof. According to the invention, the preparation raw materials of graphite powder, silicon carbide powder, and a sintering aid are subjected to ball milling mixing, drying, crushing, sieving, and compression molding; after compression molding, degumming treatment and hot pressing sintering are carried out; the sintering process is a temperature-controlled pressure-controlled two-stage pressure-maintaining sintering process; and furnace cooling is performed to obtain the silicon carbide graphite composite material. The method greatly shortens the production period, and improves the product yield; the sintering aid of submicron silicon carbide powder, alumina and yttrium oxide is used for liquid phase sintering under pressure; the high density and low porosity of the product are ensured; the high strength and high wear resistance of the product are improved; no free silicon is contained, which improves the corrosion resistance of the product; temperature increasing and temperature maintaining control are carried out at key sections, which inhibits and eliminates defects of cracks and deformation during sintering. The preparation process is low in time consumption which is 48-72 hours, and the product has high strength, has a bending strength of up to 181 MPa, and has a relative density of up to 95%.