CVX · Chevron Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.61B | - | $49.73B | $44.82B | $47.61B | - | $50.67B | $51.18B | $48.72B | - |
| Cost of Revenue | $28.27B | - | $27.40B | $26.86B | $28.61B | - | $30.45B | $30.87B | $27.74B | - |
| Gross Profit | $20.34B | - | $22.33B | $17.96B | $19.00B | - | $20.22B | $20.31B | $20.98B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.07B | - | $1.52B | $889.00M | $1.22B | - | $1.19B | $1.05B | $1.01B | - |
| Total Operating Expenses | $44.66B | - | $44.31B | $40.67B | $42.03B | - | $44.18B | $44.15B | $40.79B | - |
| D&A | $5.81B | - | $5.78B | $4.34B | $4.12B | - | $4.21B | $4.00B | $4.09B | - |
| Operating Income | $3.95B | - | $5.41B | $4.15B | $5.58B | - | $6.49B | $7.04B | $7.92B | - |
| Interest Expense | $345.00M | - | $370.00M | $274.00M | $212.00M | - | $164.00M | $113.00M | $118.00M | - |
| Income Tax | $1.65B | - | $1.80B | $1.63B | $2.07B | - | $1.99B | $2.59B | $2.37B | - |
| Net Income | $2.21B | - | $3.54B | $2.49B | $3.50B | - | $4.49B | $4.43B | $5.50B | - |
| EPS - Basic | $1.12 | - | $1.83 | $1.45 | $2.01 | - | $2.49 | $2.43 | $2.99 | - |
| EPS - Diluted | $1.11 | - | $1.82 | $1.45 | $2.00 | - | $2.48 | $2.43 | $2.97 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.32B | $7.29B | $8.78B | $5.38B | $6.17B | $8.26B | $5.76B | $4.01B | $6.28B | $8.18B |
| Accounts Receivable | $22.20B | $15.99B | $16.00B | $15.70B | $17.20B | $18.34B | $17.30B | $18.30B | $18.00B | $17.64B |
| Inventory | $10.55B | $9.71B | $10.44B | $8.81B | $9.17B | $9.07B | $9.72B | $10.48B | $9.94B | $8.61B |
| Accounts Payable | $23.18B | $19.28B | $19.07B | $18.61B | $20.88B | $22.08B | $20.04B | $21.01B | $21.26B | $20.42B |
| Current Assets | $46.16B | $38.55B | $40.87B | $34.69B | $38.57B | $40.91B | $38.19B | $39.37B | $40.51B | $41.13B |
| Total Assets | $329.55B | $324.01B | $326.50B | $250.82B | $256.40B | $256.94B | $259.23B | $260.64B | $261.65B | $261.63B |
| Current Liabilities | $42.18B | $33.39B | $35.47B | $34.83B | $35.70B | $38.56B | $35.72B | $34.03B | $32.94B | $32.26B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $140.18B | $131.84B | $130.90B | $103.56B | $106.32B | $103.78B | $102.20B | $100.38B | $100.00B | $99.70B |
| Stockholders' Equity | $183.72B | $186.45B | $189.84B | $146.42B | $149.24B | $152.32B | $156.20B | $159.23B | $160.63B | $160.96B |
| Retained Earnings | $204.04B | $205.37B | $206.01B | $205.91B | $206.36B | $205.85B | $205.50B | $203.96B | $202.51B | $200.03B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.51B | - | - | - | $5.19B | - | - | - | $6.83B | - |
| Investing Cash Flow | ($3.01B) | - | - | - | ($5.62B) | - | - | - | ($3.96B) | - |
| Financing Cash Flow | ($448.00M) | - | - | - | ($1.66B) | - | - | - | ($4.86B) | - |
| CapEx | $4.06B | - | - | - | $3.93B | - | - | - | $4.09B | - |
| Free Cash Flow | ($1.55B) | - | - | - | $1.26B | - | - | - | $2.74B | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 41.8% | - | 44.9% | 40.1% | 39.9% | - | 39.9% | 39.7% | 43.1% | - |
| Operating margin | 8.1% | - | 10.9% | 9.3% | 11.7% | - | 12.8% | 13.7% | 16.3% | - |
| EBITDA margin | 20.1% | - | 22.5% | 18.9% | 20.4% | - | 21.1% | 21.6% | 24.7% | - |
| Net margin | 4.5% | - | 7.1% | 5.6% | 7.4% | - | 8.9% | 8.7% | 11.3% | - |
| Free cash flow margin | -3.2% | - | - | - | 2.7% | - | - | - | 5.6% | - |
| FCF / Net income | -0.70 | - | - | - | 0.36 | - | - | - | 0.50 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 2.2% | - | 3.1% | 2.0% | 2.6% | - | 2.4% | 2.0% | 2.1% | - |
| Effective tax rate | 42.8% | - | 33.7% | 39.6% | 37.2% | - | 30.8% | 36.9% | 30.1% | - |
| Return on assets | 0.7% | - | 1.1% | 1.0% | 1.4% | - | 1.7% | 1.7% | 2.1% | - |
| Return on equity | 1.2% | - | 1.9% | 1.7% | 2.3% | - | 2.9% | 2.8% | 3.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.09 | 1.15 | 1.15 | 1.00 | 1.08 | 1.06 | 1.07 | 1.16 | 1.23 | 1.27 |
| Quick ratio | 0.84 | 0.86 | 0.86 | 0.74 | 0.82 | 0.83 | 0.80 | 0.85 | 0.93 | 1.01 |
| Cash ratio | 0.15 | 0.22 | 0.25 | 0.15 | 0.17 | 0.21 | 0.16 | 0.12 | 0.19 | 0.25 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 11.4x | - | 14.6x | 15.1x | 26.3x | - | 39.6x | 62.3x | 67.1x | - |
| Equity multiplier | 1.79 | 1.74 | 1.72 | 1.71 | 1.72 | 1.69 | 1.66 | 1.64 | 1.63 | 1.63 |
| Liabilities / Assets | 0.43 | 0.41 | 0.40 | 0.41 | 0.41 | 0.40 | 0.39 | 0.39 | 0.38 | 0.38 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | - | 0.15 | 0.18 | 0.19 | - | 0.20 | 0.20 | 0.19 | - |
| Inventory turnover | 2.68 | - | 2.63 | 3.05 | 3.12 | - | 3.13 | 2.95 | 2.79 | - |
| Days sales outstanding | 167d | - | 117d | 128d | 132d | - | 125d | 131d | 135d | - |
| Days inventory outstanding | 136d | - | 139d | 120d | 117d | - | 117d | 124d | 131d | - |
| Days payable outstanding | 299d | - | 254d | 253d | 266d | - | 240d | 248d | 280d | - |
| Cash conversion cycle | 4d | - | 2d | -5d | -18d | - | 1d | 6d | -14d | - |
| Valuation | ||||||||||
| P / E | 186.4x | - | 85.3x | 98.8x | 83.6x | - | 59.4x | 64.4x | 53.1x | - |
| P / B | 2.2x | - | 1.6x | 1.7x | 2.0x | - | 1.7x | 1.8x | 1.8x | - |
| P / S | 8.5x | - | 6.1x | 5.5x | 6.2x | - | 5.3x | 5.6x | 6.0x | - |
| EV / EBITDA | 41.5x | - | 26.2x | 28.4x | 29.6x | - | 24.3x | 25.6x | 23.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 2.1% | - | -1.9% | -12.4% | -2.3% | - | -6.3% | 4.7% | -4.1% | - |
| Revenue CAGR (3y) | -1.5% | - | -9.3% | -13.3% | -4.3% | - | 4.3% | 10.8% | 15.0% | - |
| Revenue CAGR (5y) | 8.7% | - | 15.3% | 23.0% | 8.6% | - | 7.0% | 5.7% | 6.3% | - |
| Gross profit growth (YoY) | 7.1% | - | 10.4% | -11.6% | -9.4% | - | -7.0% | 2.0% | -1.9% | - |
| Operating income growth (YoY) | -29.3% | - | -16.6% | -41.1% | -29.5% | - | -25.7% | -10.2% | -16.8% | - |
| Net income growth (YoY) | -36.9% | - | -21.1% | -43.8% | -36.4% | - | -31.2% | -26.2% | -16.3% | - |
| EPS growth (YoY) | -44.5% | - | -26.6% | -40.3% | -32.7% | - | -28.7% | -24.1% | -14.2% | - |
| EPS CAGR (3y) | -31.5% | - | -32.0% | -37.5% | -14.7% | - | -8.0% | 14.9% | 60.4% | - |
| EPS CAGR (5y) | 9.0% | - | - | - | 0.7% | - | 12.8% | 1.4% | 16.4% | - |
| FCF growth (YoY) | - | - | - | - | -53.9% | - | - | - | -34.3% | - |
| FCF CAGR (5y) | - | - | - | - | -4.5% | - | - | - | 5.4% | - |
| Book value growth (YoY) | 23.1% | 22.4% | 21.5% | -8.0% | -7.1% | -5.4% | -5.5% | 0.6% | 0.7% | 1.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$231.37B totalReportable Segment Aggregation Before Other Operating Segment$230.79B · 99.7%
All Other Segments$581.00M · 0.3%
Geographic
$88.38B totalUS$45.52B · 51.5%
Non Us$42.86B · 48.5%
Peer comparison
Same SIC group: Petroleum Refining
Comparing CHEVRON CORP against the 5 most active filers in the same SIC group.
Dividends
$6.98/share trailing 12 months · +4.5% YoY
| Ex-date | Per share |
|---|---|
| May 19, 2026 | $1.7800 |
| Feb 17, 2026 | $1.7800 |
| Nov 18, 2025 | $1.7100 |
| Aug 19, 2025 | $1.7100 |
| May 19, 2025 | $1.7100 |
| Feb 14, 2025 | $1.7100 |
| Nov 18, 2024 | $1.6300 |
| Aug 19, 2024 | $1.6300 |
| May 16, 2024 | $1.6300 |
| Feb 15, 2024 | $1.6300 |
| Nov 16, 2023 | $1.5100 |
| Aug 17, 2023 | $1.5100 |
| May 18, 2023 | $1.5100 |
| Feb 15, 2023 | $1.5100 |
| Nov 17, 2022 | $1.4200 |
| Aug 18, 2022 | $1.4200 |
| May 18, 2022 | $1.4200 |
| Feb 15, 2022 | $1.4200 |
| Nov 17, 2021 | $1.3400 |
| Aug 18, 2021 | $1.3400 |
| May 18, 2021 | $1.3400 |
| Feb 16, 2021 | $1.2900 |
| Nov 17, 2020 | $1.2900 |
| Aug 18, 2020 | $1.2900 |