Chevron Corporation CVX

204.45 (1.20) (0.58%) as of 25 Sep
Market cap
$403.9B
P/E
19.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Chevron Corporation (CVX) Net margin

Chevron Corporation's net margin over the twelve months to 30 June 2026 was 9.57%, up 3.1 percentage points from fiscal 2025 (6.51%). Over the past ten years it has ranged from −5.85% (fiscal 2020) to 14.4% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Oil & Gas Integrated industry median of 8.76% and above the Energy sector median of 7.06%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2025 6.51% (2.20)
FY2024 8.71% (1.92)
FY2023 10.6% (3.77)
FY2022 14.4% 4.78
FY2021 9.62% 15.47
FY2020 −5.85% (7.85)
FY2019 2.00% (6.91)
FY2018 8.91% 2.42
FY2017 6.49% 6.92
FY2016 −0.43% (3.74)

Quarterly

Period Net margin Change (points)
Jun 2026 17.2% 12.68
Mar 2026 4.55% (1.36)
Dec 2025 5.91% (1.21)
Sep 2025 7.12% 1.56
42 more quarters

Against its own ten years

Low −5.85% High 14.4%
Ten-year median 6.51%
Current reading's percentile 55

Net margin against peers

Company Net margin
PBR Petroleo Brasileiro S.A.- Petrobras compare 24.5%
CVE Cenovus Energy Inc compare 12.3%
CVX Chevron Corporation 9.57%
TTE TotalEnergies SE Sponsored ADR compare 9.08%
XOM ExxonMobil Holdings Corporation compare 8.88%
SHEL Shell PLC Unsponsored ADR compare 8.55%
EQNR Equinor ASA compare 7.92%
E Eni SpA compare 6.30%
BP BP p.l.c. compare 2.46%
Oil & Gas Integrated industry median 8.76%
Energy sector median 7.06%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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