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.
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Chevron Corporation (CVX) Return on equity
Chevron Corporation's return on equity over the twelve months to 30 June 2026 was 12.0%, up 4.9 percentage points from fiscal 2025 (7.12%). Over the past ten years it has ranged from −3.99% (fiscal 2020) to 23.6% (fiscal 2022); the current reading is higher than 55% of that period. That is in line with the Oil & Gas Integrated industry median of 12.2% and above the Energy sector median of 8.48%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 7.12% | (4.09) |
| FY2024 | 11.2% | (2.06) |
| FY2023 | 13.3% | (10.36) |
| FY2022 | 23.6% | 12.17 |
| FY2021 | 11.5% | 15.45 |
| FY2020 | −3.99% | (5.93) |
| FY2019 | 1.94% | (7.78) |
| FY2018 | 9.72% | 3.51 |
| FY2017 | 6.21% | 6.54 |
| FY2016 | −0.33% | (3.29) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 30.7% |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 30.7% |
| EQNR Equinor ASA compare | 21.3% |
| TTE TotalEnergies SE Sponsored ADR compare | 14.3% |
| SHEL Shell PLC Unsponsored ADR compare | 14.2% |
| XOM ExxonMobil Holdings Corporation compare | 12.2% |
| CVX Chevron Corporation | 12.0% |
| E Eni SpA compare | 9.80% |
| BP BP p.l.c. compare | 7.29% |
| Oil & Gas Integrated industry median | 12.2% |
| Energy sector median | 8.48% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
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