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.

Revenue
+36.3%
EPS
+180.6%
Free cash flow
+142.9%
Total debt
+25.8%

Quarter to September 2026, against a year earlier

213.51 3.45 −1.59%
Market cap
$415.4B
P/E
15.5×
Fwd P/E
13.3×
Dividend yield
3.30%
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 5 November 2026, Chevron Corporation (CVX) trades at a P/E ratio of 15.5×. Over the past ten years it has ranged from 0.0× (June 2021) to 151× (June 2016); the current reading is higher than 45% of that period. That is above the Oil & Gas Integrated industry median of 8.8× and above the Energy sector median of 11.9×.

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
Sep 2026 14.8× (6.36%)
Jun 2026 15.8× (55.70%)
Mar 2026 35.7× 56.62%
Dec 2025 22.8× 4.90%
43 more quarters

Against its own ten years

Low 0.0× High 151×
Ten-year median 16.0×
Current reading's percentile 31

P/E ratio against peers

Company P/E ratio
PBR Petroleo Brasileiro S.A.- Petrobras compare 4.8×
SHEL Shell PLC Unsponsored ADR compare 8.6×
TTE TotalEnergies SE Sponsored ADR compare 8.7×
EQNR Equinor ASA compare 8.8×
E Eni SpA compare 8.9×
CVE Cenovus Energy Inc compare 10.7×
BP BP p.l.c. compare 13.0×
CVX Chevron Corporation 15.5×
XOM ExxonMobil Holdings Corporation compare 16.8×
Oil & Gas Integrated industry median 8.8×
Energy sector median 11.9×
Market median 17.9×

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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