Chevron Corporation

CVX Energy Oil & Gas Integrated

Chevron Corporation’s revenue for fiscal 2025 (year ended December 2025) was $189.0 billion, down 6.79% from fiscal 2024. In the quarter to June 2026, revenue grew 56.3%, EPS grew 322.8%, free cash flow grew 272.0% and total debt rose 25.8%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years.

224.99 5.67 +2.59%
Market cap
$433.3B
P/E
21.5×
Fwd P/E
12.4×
Dividend yield
3.13%
F-score
5/9
Altman Z
2.99
Beneish M
−3.01
Dividend safety
42/100

Chevron Corporation (CVX) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Chevron Corporation (CVX) trades at a EV/EBITDA of 8.5×. Over the past ten years it has ranged from 3.5× (March 2020) to 23.1× (May 2021); the current reading is higher than 68% of that period. That is above the Oil & Gas Integrated industry median of 4.9× and above the Energy sector median of 6.9×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 7.7× 24.78%
FY2024 6.2× (0.12%)
FY2023 6.2× 20.30%
FY2022 5.1× (17.48%)
FY2021 6.2× (59.65%)
FY2020 15.4× 121.00%
FY2019 7.0× 23.32%
FY2018 5.7× (40.42%)
FY2017 9.5× (36.07%)
FY2016 14.9× 96.82%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 6.4× (41.43%)
Mar 2026 10.9× 41.59%
Dec 2025 7.7× (4.68%)
Sep 2025 8.1× 21.25%
42 more quarters

Against its own ten years

Low 3.5× High 23.1×
Ten-year median 7.0×
Current reading's percentile 68

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on CVX