Chevron Corp (CVX) Financial Statements
Industry: Petroleum Refining
In fiscal 2025, Chevron reported revenue of $189.03B, down 6.8% from $202.79B the year before. Net income was $12.30B (a 6.5% net margin), or $6.63 per diluted share. Gross margin was 42.8% and operating margin was 39.8%. Operating activities generated $33.94B of cash, leaving $16.59B of free cash flow. At fiscal year end, Chevron held $324.01B in total assets against $131.84B in total liabilities.
Open the full interactive Chevron financials → Quarterly statements, key ratios, valuation history and price charts.
Chevron Key Stats
| Share Price | $217.73 |
|---|---|
| Market Cap | $430.04B |
| P/E Ratio | 32.8 |
| Revenue YoY Growth | -6.8% |
| 52-Week Range | $142.76 – $217.77 |
| Shares Outstanding | 1.97 billion (basic, 2026 Q2) |
Chevron Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $94.69B | $162.47B | $246.25B | $200.95B | $202.79B | $189.03B |
| Cost of Goods Sold | $50.49B | $89.37B | $145.42B | $119.20B | $119.21B | $108.21B |
| Gross Profit | $44.20B | $73.09B | $100.84B | $81.75B | $83.59B | $80.82B |
| Operating Income | $39.56B | $68.81B | $96.26B | $77.29B | $78.40B | $75.26B |
| Pre-Tax Income | -$7.45B | $21.64B | $49.67B | $29.58B | $27.51B | $19.74B |
| Income Tax | -$1.89B | $5.95B | $14.07B | $8.17B | $9.76B | $7.26B |
| Net Income | -$5.54B | $15.62B | $35.47B | $21.37B | $17.66B | $12.30B |
| Diluted EPS | -$2.96 | $8.14 | $18.28 | $11.36 | $9.72 | $6.63 |
Chevron Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $49.73B | $46.87B | $48.61B | $70.06B |
| Net Income | $3.54B | $2.77B | $2.21B | $12.07B |
| Diluted EPS | $1.82 | $1.49 | $1.11 | $6.11 |
Chevron Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | $17.68B | $8.18B | — | — |
| Current Assets | $26.08B | $33.74B | $50.34B | $41.13B | $40.91B | $38.55B |
| Total Assets | $239.79B | $239.53B | $257.71B | $261.63B | $256.94B | $324.01B |
| Current Liabilities | $22.18B | $26.79B | $34.21B | $32.26B | $38.56B | $33.39B |
| Total Long-Term Debt | $45.37B | $36.06B | $24.07B | $21.96B | $24.15B | $42.13B |
| Total Liabilities | $107.06B | $99.59B | $97.47B | $99.70B | $103.78B | $131.84B |
| Shareholders' Equity | $131.69B | $139.07B | $159.28B | $160.96B | $152.32B | $186.45B |
Chevron Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $10.58B | $29.19B | $49.60B | $35.61B | $31.49B | $33.94B |
| Cash From Investing | -$6.96B | -$5.87B | -$12.11B | -$15.23B | -$8.94B | -$15.91B |
| Cash From Financing | -$3.74B | -$23.11B | -$24.98B | -$30.11B | -$23.47B | -$19.06B |
| Free Cash Flow | $1.66B | $21.13B | $37.63B | $19.78B | $15.04B | $16.59B |
Figures from Chevron's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Chevron financials page for every line item.
Chevron Company Profile
| Ticker | CVX |
|---|---|
| Exchange | NYSE |
| Industry | Petroleum Refining |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000093410 |
Frequently Asked Questions
What was Chevron's revenue in fiscal 2025?
Chevron (CVX) reported revenue of $189.03B for fiscal 2025.
What is Chevron's annual revenue history?
Chevron's annual revenue by fiscal year: 2020: $94.69B; 2021: $162.47B; 2022: $246.25B; 2023: $200.95B; 2024: $202.79B; 2025: $189.03B.
What was Chevron's net income in fiscal 2025?
Chevron reported net income of $12.30B for fiscal 2025.
What was Chevron's earnings per share (EPS) in fiscal 2025?
Chevron's diluted EPS was $6.63 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Chevron generate in fiscal 2025?
Chevron generated $16.59B of free cash flow in fiscal 2025.
What was Chevron's revenue last quarter?
In its most recent reported quarter (2026 Q2), Chevron reported revenue of $70.06B.
How much debt does Chevron have?
Chevron reported $42.13B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Chevron are outstanding?
Chevron reported a weighted average of 1.97 billion basic shares outstanding in 2026 Q2.
What is Chevron's market cap?
Based on its latest closing price, Chevron (CVX) has a market capitalization of about $430.04B.
When does Chevron's fiscal year end?
Chevron's fiscal year end, as registered with the SEC, is December 31.
Where is Chevron headquartered?
Chevron lists its business address in Houston, Texas in its SEC filings.