Chevron Corporation CVX
- Market cap
- $403.9B
- P/E
- 19.5×
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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 | Free account |
Against its own ten years
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)))
More on CVX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement