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) Price to free cash flow

As of 25 September 2026, Chevron Corporation (CVX) trades at a price to free cash flow of 14.9×. Over the past ten years it has ranged from 0.0× (June 2017) to 126× (March 2021); the current reading is higher than 56% of that period. That is above the Oil & Gas Integrated industry median of 9.7× and above the Energy sector median of 10.8×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 17.0× (2.53%)
FY2024 17.4× 23.11%
FY2023 14.2× 58.53%
FY2022 8.9× (16.09%)
FY2021 10.6× (88.85%)
FY2020 95.4× 455.28%
FY2019 17.2× 40.11%
FY2018 12.3× (64.60%)
FY2017 34.6× —
FY2016 0.0× —

Quarterly

Period Price to free cash flow Change
Jun 2026 12.1× (59.34%)
Mar 2026 29.7× 75.03%
Dec 2025 17.0× (12.99%)
Sep 2025 19.5× 27.69%
42 more quarters

Against its own ten years

Low 0.0× High 126×
Ten-year median 14.1×
Current reading's percentile 56

Price to free cash flow against peers

Company Price to free cash flow
CVE Cenovus Energy Inc compare n/m
PBR Petroleo Brasileiro S.A.- Petrobras compare 6.3×
BP BP p.l.c. compare 6.7×
SHEL Shell PLC Unsponsored ADR compare 8.1×
EQNR Equinor ASA compare 8.4×
TTE TotalEnergies SE Sponsored ADR compare 11.1×
CVX Chevron Corporation 14.9×
E Eni SpA compare 15.4×
XOM ExxonMobil Holdings Corporation compare 20.7×
Oil & Gas Integrated industry median 9.7×
Energy sector median 10.8×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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