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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Chevron Corporation (CVX) trades at a P/E ratio of 21.5×. Over the past ten years it has ranged from 0.0× (June 2021) to 151× (June 2016); the current reading is higher than 72% of that period. That is above the Oil & Gas Integrated industry median of 12.6× and above the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 22.8× 53.74%
FY2024 14.8× 13.28%
FY2023 13.1× 38.24%
FY2022 9.5× (34.18%)
FY2021 14.4× —
FY2020 0.0× —
FY2019 77.7× 458.15%
FY2018 13.9× (46.72%)
FY2017 26.1× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 15.8× (55.70%)
Mar 2026 35.7× 56.62%
Dec 2025 22.8× 4.90%
Sep 2025 21.7× 18.48%
42 more quarters

Against its own ten years

Low 0.0× High 151×
Ten-year median 16.0×
Current reading's percentile 64

P/E ratio against peers

Company P/E ratio
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 5.9×
PBR Petroleo Brasileiro S.A.- Petrobras compare 6.6×
TTE TotalEnergies SE Sponsored ADR compare 11.3×
SHEL Shell PLC Unsponsored ADR compare 11.6×
EQNR Equinor ASA compare 12.8×
E Eni SpA compare 14.8×
CVX Chevron Corporation 21.5×
XOM ExxonMobil Holdings Corporation compare 23.0×
BP BP p.l.c. compare 23.9×
Oil & Gas Integrated industry median 12.6×
Energy sector median 13.9×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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