CVX logo Chevron Corporation +
Ticker
CVX
XOM
Headquarter
San Ramon ,CA
US
Irving ,TX
US
CEO
Mr. Michael K. Wirth
Mr. Darren W. Woods
Industry
Oil & Gas Integrated
Oil & Gas Integrated
Stock Price
Stock Price
Market Cap
Market Cap
$238.73 B
$440.88 B
Employees
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Employees
  • 43.85 K
  • 45.60 K
  • 45.30 K
  • 62.30 K
  • 61.50 K
  • 61.00 K
Y/Y
2.94%
4%
0.66%
1.11%
1.28%
0.81%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $235.72 B
  • $196.91 B
  • $193.41 B
  • $398.68 B
  • $334.70 B
  • $339.25 B
Y/Y
51.48%
16.46%
1.78%
44.09%
16.05%
1.36%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • $268.00 M
  • $320.00 M
  • $353.00 M
  • $824.00 M
  • $879.00 M
  • $987.00 M
Y/Y
0%
19.4%
10.31%
2.25%
6.67%
12.29%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $39.95 B
  • $33.79 B
  • $29.10 B
  • $64.03 B
  • $44.46 B
  • $39.65 B
Y/Y
148.08%
15.42%
13.88%
166.57%
30.56%
10.82%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 28.00%
  • 28.00%
  • 35.00%
  • 26.00%
  • 29.00%
  • 28.00%
Y/Y
2.98%
2.44%
28.37%
6.13%
12.64%
3.32%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $35.47 B
  • $21.37 B
  • $17.66 B
  • $55.74 B
  • $36.01 B
  • $33.68 B
Y/Y
126.98%
39.75%
17.35%
141.93%
35.4%
6.47%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $5.38 M
  • $4.32 M
  • $4.27 M
  • $6.40 M
  • $5.44 M
  • $5.56 M
Y/Y
47.16%
19.68%
1.12%
45.71%
14.96%
2.19%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $808.85 K
  • $468.62 K
  • $389.88 K
  • $894.70 K
  • $585.53 K
  • $552.13 K
Y/Y
120.5%
42.06%
16.8%
144.65%
34.56%
5.7%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $257.71 B
  • $261.63 B
  • $256.94 B
  • $369.07 B
  • $376.32 B
  • $453.48 B
Y/Y
7.59%
1.52%
1.79%
8.89%
1.96%
20.5%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $97.47 B
  • $99.70 B
  • $103.78 B
  • $166.59 B
  • $163.78 B
  • $182.87 B
Y/Y
2.14%
2.29%
4.09%
2.05%
1.69%
11.66%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$11.97 B
  • -$15.83 B
  • -$16.45 B
  • -$18.41 B
  • -$21.92 B
  • -$24.31 B
Y/Y
47.83%
32.19%
3.91%
52.43%
19.08%
10.89%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 16.95%
  • 17.16%
  • 15.04%
  • 16.06%
  • 13.28%
  • 11.69%
Y/Y
63.77%
1.24%
12.35%
85.02%
17.31%
11.97%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 15.05%
  • 10.85%
  • 9.13%
  • 13.98%
  • 10.76%
  • 9.93%
Y/Y
49.9%
27.91%
15.85%
67.83%
23.03%
7.71%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $67.00 B
  • $47.82 B
  • $45.81 B
  • $102.59 B
  • $74.27 B
  • $73.31 B
Y/Y
70.19%
28.63%
4.19%
94.35%
27.6%
1.3%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $37.63 B
  • $19.78 B
  • $15.04 B
  • $58.39 B
  • $33.45 B
  • $30.72 B
Y/Y
78.44%
47.43%
23.94%
61.96%
42.71%
8.17%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 22.27%
  • 13.28%
  • 11.59%
  • 28.58%
  • 17.58%
  • 12.45%
Y/Y
98.13%
40.37%
12.73%
109.07%
38.49%
29.18%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 13.76%
  • 8.17%
  • 6.87%
  • 15.10%
  • 9.57%
  • 7.43%
Y/Y
111.04%
40.63%
15.91%
122.06%
36.62%
22.36%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 14.65%
  • 12.95%
  • 16.11%
  • 21.12%
  • 23.30%
  • 25.42%
Y/Y
35.06%
11.6%
24.4%
25.37%
10.32%
9.1%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $352.34 B
  • $292.00 B
  • $279.92 B
  • $475.36 B
  • $430.76 B
  • $507.92 B
Y/Y
40.62%
17.13%
4.14%
57.15%
9.38%
17.91%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 1.49
  • 1.48
  • 1.45
  • 1.19
  • 1.29
  • 1.50
Y/Y
7.17%
0.8%
2.4%
9.07%
7.93%
16.33%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 5.26
  • 6.11
  • 6.11
  • 4.63
  • 5.80
  • 6.93
Y/Y
17.38%
16.12%
0.06%
19.14%
25.17%
19.46%