Chevron Corporation CVX
- Market cap
- $403.9B
- P/E
- 19.5×
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Chevron Corporation (CVX) Return on assets
Chevron Corporation's return on assets over the twelve months to 30 June 2026 was 7.09%, up 2.9 percentage points from fiscal 2025 (4.23%). Over the past ten years it has ranged from −2.32% (fiscal 2020) to 14.3% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Oil & Gas Integrated industry median of 6.47% and above the Energy sector median of 3.37%.
Return on assets, annual
Annual
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 4.23% | (2.58) |
| FY2024 | 6.81% | (1.42) |
| FY2023 | 8.23% | (6.03) |
| FY2022 | 14.3% | 7.74 |
| FY2021 | 6.52% | 8.84 |
| FY2020 | −2.32% | (3.51) |
| FY2019 | 1.19% | (4.65) |
| FY2018 | 5.84% | 2.26 |
| FY2017 | 3.58% | 3.77 |
| FY2016 | −0.19% | (1.92) |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 11.1% |
| CVE Cenovus Energy Inc compare | 11.0% |
| XOM ExxonMobil Holdings Corporation compare | 7.18% |
| CVX Chevron Corporation | 7.09% |
| SHEL Shell PLC Unsponsored ADR compare | 6.76% |
| EQNR Equinor ASA compare | 6.47% |
| TTE TotalEnergies SE Sponsored ADR compare | 5.88% |
| E Eni SpA compare | 3.82% |
| BP BP p.l.c. compare | 1.87% |
| Oil & Gas Integrated industry median | 6.47% |
| Energy sector median | 3.37% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement