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.
Chevron Corporation key metrics & ratios
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | -4.6% | -1.8% | -16.5% | 51.5% | — | — | |
| Operating income growth | -42.7% | -13.9% | -15.4% | 148.1% | — | — | |
| Net income growth | -30.4% | -17.4% | -39.7% | 127.0% | — | — | |
| EPS (diluted) growth | -31.8% | -14.4% | -37.9% | 124.6% | — | — | |
| Free cash flow growth | 10.3% | -23.9% | -47.4% | 78.4% | — | — | |
| Margins | |||||||
| Gross margin | 30.4% | 29.4% | 30.7% | 27.8% | 29.2% | — | |
| Operating margin | 9.0% | 15.0% | 17.2% | 16.9% | 10.3% | — | |
| EBITDA margin | 22.3% | 23.5% | 24.1% | 28.2% | 25.9% | — | |
| Net margin | 6.7% | 9.1% | 10.9% | 15.0% | 10.0% | — | |
| FCF margin | 9.0% | 7.8% | 10.0% | 16.0% | 13.6% | — | |
| Returns on capital | |||||||
| Return on equity | 6.6% | 11.6% | 13.3% | 22.3% | 11.2% | — | |
| Return on assets | 3.8% | 6.9% | 8.2% | 13.8% | 6.5% | — | |
| Return on invested capital | 4.8% | 11.0% | 14.1% | 17.4% | 7.1% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 0.22x | 0.16x | 0.13x | 0.15x | 0.23x | — | |
| Net debt / EBITDA | 0.84x | 0.39x | 0.27x | 0.09x | 0.64x | — | |
| Current ratio | 1.15x | 1.06x | 1.27x | 1.47x | 1.26x | — | |
| Interest coverage | 13.70x | 48.99x | 72.05x | 77.42x | 22.62x | — | |
| Profitability & operating | |||||||
| EBIT | 20,960 | 28,100 | 30,053 | 50,190 | 22,351 | -1.6% | |
| EBITDA | 41,092 | 45,382 | 47,379 | 66,509 | 40,276 | +0.5% | |
| Operating income | 16,674 | 29,099 | 33,790 | 39,950 | 16,104 | +0.9% | |
| Income before tax | 19,743 | 27,506 | 29,584 | 49,674 | 21,639 | -2.3% | |
| Net income | 12,299 | 17,661 | 21,369 | 35,465 | 15,625 | -5.8% | |
| Earnings per share | |||||||
| EPS (basic) | $6.65 | $9.76 | $11.41 | $18.36 | $8.15 | -5.0% | |
| EPS (diluted) | $6.63 | $9.72 | $11.36 | $18.28 | $8.14 | -5.0% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 1,849 | 1,810 | 1,873 | 1,931 | 1,916 | -0.9% | |
| Weighted avg shares outstanding (diluted) | 1,856 | 1,817 | 1,880 | 1,940 | 1,920 | -0.8% | |
| Balance sheet highlights | |||||||
| Net debt | 34,465 | 17,760 | 12,658 | 5,661 | 25,729 | +7.6% | |
| Total debt | 40,758 | 24,541 | 20,836 | 23,339 | 31,369 | +6.8% | |
| Total investments | 43,871 | 47,442 | 46,857 | 45,461 | 40,731 | +1.9% | |
| Total stockholders' equity | 186,450 | 152,318 | 160,957 | 159,282 | 139,067 | +7.6% | |
| Total assets | 324,012 | 256,938 | 261,632 | 257,709 | 239,535 | +7.8% | |
| Cash flow highlights | |||||||
| Free cash flow | 16,592 | 15,044 | 19,780 | 37,628 | 21,087 | -5.8% | |
| Operating cash flow | 33,939 | 31,492 | 35,609 | 49,602 | 29,187 | +3.8% | |
| Capital expenditure | (17,347) | (16,448) | (15,829) | (11,974) | (8,100) | — | |
| Net cash from operating activities | 33,939 | 31,492 | 35,609 | 49,602 | 29,187 | +3.8% | |
| Additional fields | |||||||
| Accrued Expenses | 10,763 | 8,486 | 7,655 | 7,486 | 6,972 | +11.5% | |