Chevron Financial Ratios
NYSE: CVXEnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Chevron ratio analysis
Chevron earned a net margin of 6.5% in FY 2025, down from 8.7% a year earlier. Gross margin was 42.8% compared with a median of 43.2% over the prior 9 years. Return on equity reached 6.6%, meaning Chevron generated 0.07 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.27 versus 0.22 the year before, and the current ratio was 1.15. At the end of FY 2025, CVX traded at 23.5 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 9.8 to 78.6, with a median of 14.8. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Chevron financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 23.51 | 15.21 | 13.13 | 9.82 | 14.42 | — | 78.58 | 14.32 | 25.81 | — |
| Price / sales | 1.52 | 1.32 | 1.39 | 1.41 | 1.38 | 1.67 | 1.55 | 1.26 | 1.66 | 1.93 |
| Price / book | 1.55 | 1.76 | 1.74 | 2.18 | 1.62 | 1.20 | 1.58 | 1.36 | 1.59 | 1.51 |
| Gross margin | 42.8% | 41.2% | 40.7% | 40.9% | 43.2% | 44.9% | 45.3% | 43.1% | 46.5% | 48.2% |
| Net margin | 6.5% | 8.7% | 10.6% | 14.4% | 9.6% | -5.9% | 2.0% | 8.9% | 6.5% | -0.4% |
| Free cash flow margin | 8.8% | 7.4% | 9.8% | 15.3% | 13.0% | 1.7% | 9.0% | 10.1% | 4.9% | -4.7% |
| Return on equity (ROE) | 6.6% | 11.6% | 13.3% | 22.3% | 11.2% | -4.2% | 2.0% | 9.6% | 6.2% | -0.3% |
| Return on assets (ROA) | 3.8% | 6.9% | 8.2% | 13.8% | 6.5% | -2.3% | 1.2% | 5.8% | 3.6% | -0.2% |
| Debt / equity | 0.27 | 0.22 | 0.16 | 0.17 | 0.28 | 0.41 | 0.25 | 0.29 | 0.33 | 0.38 |
| Current ratio | 1.15 | 1.06 | 1.27 | 1.47 | 1.26 | 1.18 | 1.07 | 1.25 | 1.03 | 0.93 |
| Revenue growth | -6.8% | 0.9% | -18.4% | 51.6% | 71.6% | -35.4% | -11.9% | 17.4% | 23.8% | -17.3% |
| EPS growth | -31.8% | -14.4% | -37.9% | 124.6% | — | -292.2% | -80.1% | 59.6% | — | -111.0% |