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.
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Chevron Corporation (CVX) Free cash flow
Chevron Corporation's free cash flow for fiscal 2025 was $16.6B, up 10.3% from $15.0B in fiscal 2024. Over the twelve months to 30 June 2026 it was $27.0B. Over the past ten years it has ranged from −$10.0B (fiscal 2015) to $37.6B (fiscal 2022); the current reading is higher than 64% of that period. Chevron Corporation ranks 3rd of 19 Oil & Gas Integrated companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $16.6B | 10.29% |
| FY2024 | $15.0B | (23.94%) |
| FY2023 | $19.8B | (47.43%) |
| FY2022 | $37.6B | 78.07% |
| FY2021 | $21.1B | 1,176.80% |
| FY2020 | $1.7B | (87.46%) |
| FY2019 | $13.2B | (21.56%) |
| FY2018 | $16.8B | 142.66% |
| FY2017 | $6.9B | — |
| FY2016 | −$5.4B | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $18.1B | — |
| Mar 2026 | −$1.5B | — |
| Dec 2025 | $5.5B | 11.82% |
| Sep 2025 | $4.9B | 1.58% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| SHEL Shell PLC Unsponsored ADR compare | $32.8B |
| XOM ExxonMobil Holdings Corporation compare | $32.4B |
| CVX Chevron Corporation | $27.0B |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | $20.7B |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | $20.7B |
| TTE TotalEnergies SE Sponsored ADR compare | $18.2B |
| BP BP p.l.c. compare | $17.3B |
| EQNR Equinor ASA compare | $12.3B |
| E Eni SpA compare | $5.2B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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