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

213.59 0.66 +0.31%
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) Return on equity

Alert me on Return on equity

Chevron Corporation's return on equity over the twelve months to 30 September 2026 was 0.00%, down 7.1 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 below the Oil & Gas Integrated industry median of 14.9% and below the Energy sector median of 7.54%.

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

Low −3.99% High 23.6%
Ten-year median 7.12%
Current reading's percentile 55

Return on equity against peers

Company Return on equity
PBR Petroleo Brasileiro S.A.- Petrobras compare 30.7%
EQNR Equinor ASA compare 27.6%
CVE Cenovus Energy Inc compare 21.0%
TTE TotalEnergies SE Sponsored ADR compare 17.6%
SHEL Shell PLC Unsponsored ADR compare 17.3%
XOM ExxonMobil Holdings Corporation compare 15.0%
E Eni SpA compare 14.0%
CVX Chevron Corporation 0.00%
BP BP p.l.c. compare 0.00%
Oil & Gas Integrated industry median 14.9%
Energy sector median 7.54%
Market median 0.51%

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)

The full definition of Return on equity →

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