Chevron Corporation
CVXNYSE
$229.20
Last price · USD
- Market cap
- $425.4B
- P/E
- 34.6x
- EV / EBITDA
- 11.2x
- P/S
- 2.3x
- FCF yield
- 3.9%
- Div. yield
- 3.00%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$184.4B
-4.6%
4Y CAGR +4.3%
Gross profit
$56.09B
-1.5%
4Y CAGR +5.4%
Operating income
$16.67B
-42.7%
4Y CAGR +0.9%
Net income
$12.30B
-30.4%
4Y CAGR -5.8%
EPS (diluted)
$6.63
-31.8%
4Y CAGR -5.0%
Free cash flow
$16.59B
+10.3%
4Y CAGR -5.8%
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $229.20 · FY2025 fundamentals
- Market cap
- $425.4B
- Enterprise value
- $459.9B
- P/E
- 34.6x
- P/S
- 2.3x
- P/B
- 2.3x
- EV / EBITDA
- 11.2x
- EV / Sales
- 2.5x
- Earnings yield
- 2.9%
- FCF yield
- 3.9%
- Shareholder yield
- 5.8%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 30.4%+1.2pp | 29.2% | |
| Operating margin | 9.0%-1.3pp | 10.3% | |
| EBITDA margin | 22.3%-3.6pp | 25.9% | |
| Net margin | 6.7%-3.4pp | 10.0% | |
| FCF margin | 9.0%-4.6pp | 13.6% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 6.6% | 11.2% | |
| Return on invested capital | 4.8% | 7.1% | |
| Return on assets | 3.8% | 6.5% | |
| Debt / equity | 0.22x | 0.23x | |
| Net debt / EBITDA | 0.84x | 0.64x | |
| Current ratio | 1.15x | 1.26x |
Cash & equivalents
$6.29B
Total debt
$40.76B
Capital allocation
How CVX used its cash in FY2025
- Operating cash flow
- $33.94B
- Capital expenditure
- $17.35B
- Dividends paid
- $12.75B
- Share repurchases
- $12.08B
- Stock-based compensation
- $0.00
- Diluted shares
- 1.86B
- Share count change (4Y)
- -3.3%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $184.4B | $6.63 | ||
| FY2026E15 analysts | $246.9B | +33.9% | $17.53 | +164.4% |
| FY2027E15 analysts | $227.5B | -7.9% | $15.48 | -11.7% |
| FY2028E9 analysts | $213.2B | -6.3% | $12.50 | -19.2% |
About Chevron Corporation
Energy · Oil & Gas Integrated
Chevron Corporation functions as a global energy and chemicals powerhouse, orchestrating its diverse operations worldwide. The company's business is organized into two primary divisions: Upstream and Downstream. The Upstream segment focuses on the full lifecycle of crude oil and natural gas, from their initial exploration and development to production and subsequent transportation.
chevron.com- Sector
- Energy
- Industry
- Oil & Gas Integrated
- CEO
- Michael K. Wirth
- Employees
- 43,039
- Headquarters
- Houston, TX, US
- IPO date
- 1921-06-24
Chevron Corporation (CVX) — frequently asked questions
Answered from the company's SEC filings
Chevron Corporation functions as a global energy and chemicals powerhouse, orchestrating its diverse operations worldwide. The company's business is organized into two primary divisions: Upstream and Downstream.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.