CVX
$224.99+2.59%
as of close, Oct 16, 2026
☾ AH $224.99 +2.59%
CVX financial statements
The full income statement, balance sheet, and cash-flow statement for Chevron Corporation (CVX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 1.83B2024-09 1.80B2024-12 1.76B2025-03 1.75B2025-06 1.73B2025-09 2.01B2025-12 2.00B2026-03 1.99B2026-06 1.98B+8.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 184B-9.1% | 203B+0.9% | 201B-18.4% | 246B+51.6% | 162B+72.0% | |
| Cost of revenue | 108B-9.2% | 119B+0.0% | 119B-18.0% | 145B+57.6% | 92.2B+76.9% | |
| Research & development | 427M+21.0% | 353M+10.3% | 320M+19.4% | 268M+0.0% | 268M-38.4% | |
| Selling, general & administrative | 5.13B+6.0% | 4.83B+16.7% | 4.14B-4.0% | 4.31B+7.4% | 4.01B-4.7% | |
| Interest expense | 1.22B+104.9% | 594M+26.7% | 469M-9.1% | 516M-27.5% | 712M+2.2% | |
| Equity-method income | 3.00B-34.7% | 4.60B-10.4% | 5.13B-40.2% | 8.59B+51.8% | 5.66B+1298.5% | |
| Pre-tax income | 19.7B-28.2% | 27.5B-7.0% | 29.6B-40.4% | 49.7B+129.6% | 21.6B+390.3% | |
| Income tax | 7.26B-25.6% | 9.76B+19.4% | 8.17B-41.9% | 14.1B+136.4% | 5.95B+414.5% | |
| 12.3B-30.4% | 17.7B-17.4% | 21.4B-39.7% | 35.5B+127.0% | 15.6B+381.9% | ||
| Net income to non-controlling interest | 186M+111.4% | 88.0M+109.5% | 42.0M-70.6% | 143M+123.4% | 64.0M+455.6% | |
| $6.63-31.8% | $9.72-14.4% | $11.36-37.9% | $18.28+124.6% | $8.14+375.0% | ||
| EPS (basic) | $6.65-31.9% | $9.76-14.5% | $11.41-37.9% | $18.36+125.3% | $8.15+375.3% | |
| Weighted-avg shares (basic) | 1.85B+2.2% | 1.81B-3.4% | 1.87B-3.0% | 1.93B+0.8% | 1.92B+2.5% | |
| Weighted-avg shares (diluted) | 1.86B+2.1% | 1.82B-3.4% | 1.88B-3.1% | 1.94B+1.0% | 1.92B+2.7% | |
| Dividends per share | $6.84+4.9% | $6.52+7.9% | $6.04+6.3% | $5.68+7.0% | $5.31+2.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 38.6B-5.8% | 40.9B-0.5% | 41.1B-18.3% | 50.3B+49.2% | 33.7B+29.4% | ||
| Cash & equivalents | 7.29B-11.8% | 8.26B+1.0% | 8.18B-53.7% | 17.7B+213.4% | 5.64B+0.8% | |
| Short-term investments | 0.00 | 0.00-100.0% | 45.0M-79.8% | 223M+537.1% | 35.0M+12.9% | |
| Accounts receivable | 16.0B-12.8% | 18.3B+4.0% | 17.6B-3.1% | 18.2B+11.0% | 16.4B+72.6% | |
| Inventory | 9.71B+7.0% | 9.07B+5.4% | 8.61B+4.4% | 8.25B+21.4% | 6.79B+19.7% | |
| Prepaid expenses | 4.47B+2.3% | 4.37B-0.1% | 4.37B+16.9% | 3.74B+31.2% | 2.85B-13.8% | |
| 324B+26.1% | 257B-1.8% | 262B+1.5% | 258B+7.6% | 240B-0.1% | ||
| Property, plant & equipment | — | — | — | 144B-2.3% | 147B-6.2% | |
| Operating lease right-of-use | 6.05B+13.9% | 5.32B-2.0% | 5.42B+27.2% | 4.26B+16.2% | 3.67B-7.1% | |
| Goodwill | 4.57B-0.2% | 4.58B-3.0% | 4.72B+0.0% | 4.72B+7.7% | 4.38B-0.4% | |
| Deferred tax assets | 2.86B-18.6% | 3.52B-15.7% | 4.17B-7.5% | 4.50B-20.4% | 5.66B+7.1% | |
| Other non-current assets | 16.2B+9.3% | 14.9B+8.2% | 13.7B+11.6% | 12.3B-0.6% | 12.4B+3.6% | |
| 33.4B-13.4% | 38.6B+19.5% | 32.3B-5.7% | 34.2B+27.7% | 26.8B+20.8% | ||
| Accounts payable | 19.3B-12.7% | 22.1B+8.1% | 20.4B+7.7% | 19.0B+15.2% | 16.5B+50.3% | |
| Accrued liabilities | 10.8B+26.8% | 8.49B+10.9% | 7.66B+2.3% | 7.49B+7.4% | 6.97B-10.8% | |
| Short-term & current debt | 2.35B-41.6% | 4.01B+143.2% | 1.65B-38.8% | 2.69B-45.5% | 4.95B+90.2% | |
| Current lease liability | 1.83B+20.5% | 1.52B-1.2% | 1.54B+38.4% | 1.11B+11.7% | 995M-22.9% | |
| Finance lease liability (current) | 786M+1255.2% | 58.0M-3.3% | 60.0M+33.3% | 45.0M-6.3% | 48.0M-74.2% | |
| 132B+27.0% | 104B+4.1% | 99.7B+2.3% | 97.5B-2.1% | 99.6B-7.0% | ||
| Long-term debt | 39.8B+97.6% | 20.1B-0.8% | 20.3B-5.0% | 21.4B-16.8% | 25.7B+0.0% | |
| Non-current lease liability | 4.15B+17.0% | 3.55B-3.9% | 3.70B+26.6% | 2.92B+16.4% | 2.51B-4.1% | |
| Operating lease liability (total) | 5.99B+18.0% | 5.07B-3.1% | 5.23B+29.8% | 4.03B+15.1% | 3.50B-10.3% | |
| Finance lease liability (total) | 1.45B+139.2% | 604M-4.7% | 634M+41.5% | 448M-9.9% | 497M-21.5% | |
| Finance lease liability | 659M+20.7% | 546M-4.9% | 574M+42.4% | 403M-10.2% | 449M+0.4% | |
| Deferred tax liabilities | 30.0B+56.8% | 19.1B+1.6% | 18.8B+9.9% | 17.1B+16.8% | 14.7B+16.7% | |
| 186B+22.4% | 152B-5.4% | 161B+1.1% | 159B+14.5% | 139B+5.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.83B+0.0% | 1.83B+0.0% | 1.83B+0.0% | 1.83B+0.0% | 1.83B+0.0% | |
| Additional paid-in capital | 33.9B+56.4% | 21.7B+1.4% | 21.4B+14.5% | 18.7B+8.0% | 17.3B+2.7% | |
| Retained earnings | 205B-0.2% | 206B+2.9% | 200B+5.3% | 190B+14.8% | 166B+3.2% | |
| Treasury stock | 51.9B-29.9% | 74.0B+25.3% | 59.1B+22.6% | 48.2B+16.2% | 41.5B-0.1% | |
| Accumulated other comprehensive income | -2.46B+10.7% | -2.76B+6.8% | -2.96B-5.8% | -2.80B+28.1% | -3.89B+30.7% | |
| Non-controlling interest | 5.73B+582.5% | 839M-13.7% | 972M+1.3% | 960M+10.0% | 873M-15.9% | |
| Total equity incl. non-controlling | 192B+25.5% | 153B-5.4% | 162B+1.1% | 160B+14.5% | 140B+5.4% | |
| Total liabilities & equity | 324B+26.1% | 257B-1.8% | 262B+1.5% | 258B+7.6% | 240B-0.1% | |
| Common shares issued | 2.44B+0.0% | 2.44B+0.0% | 2.44B+0.0% | 2.44B+0.0% | 2.44B+0.0% | |
| Shares outstanding (cover) | 2.00B+13.3% | 1.76B-5.2% | 1.86B-2.6% | 1.91B-2.1% | 1.95B+1.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 33.9B+7.8% | 31.5B-11.6% | 35.6B-28.2% | 49.6B+69.9% | 29.2B+175.9% | ||
| Depreciation & amortization | 20.1B+16.5% | 17.3B-0.3% | 17.3B+6.2% | 16.3B-9.0% | 17.9B-8.1% | |
| Change in inventory | -51.0M-108.9% | 574M+79.4% | 320M-65.6% | 930M+75.5% | 530M+286.6% | |
| -15.9B-78.1% | -8.94B+41.3% | -15.2B-25.8% | -12.1B-106.4% | -5.87B+15.8% | ||
| Capital expenditure | 17.3B+5.5% | 16.4B+3.9% | 15.8B+32.2% | 12.0B+48.6% | 8.06B-9.7% | |
| Free cash flow | 16.6B+10.3% | 15.0B-23.9% | 19.8B-47.4% | 37.6B+78.1% | 21.1B+1176.8% | |
| Acquisitions | -1.06B | 0.00+100.0% | -55.0M-101.9% | 2.86B | 0.00 | |
| -19.1B+18.8% | -23.5B+22.0% | -30.1B-20.5% | -25.0B-8.1% | -23.1B-518.7% | ||
| Long-term debt issued | 11.4B+2285.4% | 478M+218.7% | 150M | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net short-term debt | -1.06B-121.8% | 4.87B+3505.9% | 135M-48.7% | 263M+104.7% | -5.57B-955.9% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 12.1B-20.7% | 15.2B+1.9% | 14.9B+32.7% | 11.3B+713.8% | 1.38B-21.3% | |
| Dividends paid | 12.8B+8.1% | 11.8B+4.1% | 11.3B+3.4% | 11.0B+7.8% | 10.2B+5.5% | |
| FX effect on cash | 58.0M+159.8% | -97.0M+14.9% | -114M+40.0% | -190M-25.8% | -151M-202.0% | |
| Net change in cash | -977M+3.6% | -1.01B+89.7% | -9.85B-179.9% | 12.3B+21151.7% | 58.0M+133.3% | |
| Interest paid | 942M+60.5% | 587M+26.2% | 465M-11.4% | 525M-24.9% | 699M-2.9% | |
| Income taxes paid | 7.30B-13.6% | 8.46B-18.8% | 10.4B+13.9% | 9.15B+110.1% | 4.36B+45.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 304B+19.3% | 255B-9.4% | 282B-18.9% | 347B+51.9% | 229B+40.5% | |
| P/E | 24.7×+71.3% | 14.4×+30.6% | 11.1×+8.9% | 10.2×-30.6% | 14.6× | |
| P/S | 1.6×+31.1% | 1.3×-6.1% | 1.3×-8.2% | 1.5×+3.7% | 1.4×-18.3% | |
| P/B | 1.6×-2.6% | 1.7×-1.7% | 1.7×-22.1% | 2.2×+33.1% | 1.6×+33.0% | |
| P/FCF | 18.3×+8.1% | 17.0×+22.6% | 13.8×+42.7% | 9.7×-10.4% | 10.8×-89.0% | |
| Earnings yield | 4.0%-41.6% | 6.9%-23.4% | 9.0%-8.1% | 9.8%+44.0% | 6.8% | |
| FCF yield | 5.5%-7.5% | 5.9%-18.5% | 7.2%-29.9% | 10.3%+11.6% | 9.2%+808.8% | |
| Dividend yield | 4.5%-0.3% | 4.5%+11.2% | 4.0%+28.0% | 3.2%-30.1% | 4.5%-25.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CVX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CVX filings on SEC EDGAR → Not investment advice.