Chevron Corp (CVX) stock
CVXNYSEPetroleum RefiningFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 14/3011% above fair value
$219.89+3.54 (+1.64%)
Close on Nov 13, 2026Market cap $434.45BP/E 16.1Yield 3.11%
Chevron profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Chevron's profit margin for the twelve months ending Sep 30, 2026 was 11.6%. For fiscal 2025 it was 6.5%, against 8.7% the year before. The highest annual figure on record is 14.4% in fiscal 2022.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6.5% | −2.2 |
| FY2024 | Dec 31, 2024 | 8.7% | −1.9 |
| FY2023 | Dec 31, 2023 | 10.6% | −3.8 |
| FY2022 | Dec 31, 2022 | 14.4% | +4.8 |
| FY2021 | Dec 31, 2021 | 9.6% | +15.5 |
| FY2020 | Dec 31, 2020 | -5.9% | −7.8 |
| FY2019 | Dec 31, 2019 | 2.0% | −6.9 |
| FY2018 | Dec 31, 2018 | 8.9% | +2.4 |
| FY2017 | Dec 31, 2017 | 6.5% | +6.9 |
| FY2016 | Dec 31, 2016 | -0.4% | −3.7 |
| FY2015 | Dec 31, 2015 | 3.3% | −5.8 |
| FY2014 | Dec 31, 2014 | 9.1% | −0.3 |
| FY2013 | Dec 31, 2013 | 9.4% | −1.5 |
| FY2012 | Dec 31, 2012 | 10.8% | +0.2 |
| FY2011 | Dec 31, 2011 | 10.6% | +1.3 |
| FY2010 | Dec 31, 2010 | 9.3% | +3.2 |
| FY2009 | Dec 31, 2009 | 6.1% | −2.7 |
| FY2008 | Dec 31, 2008 | 8.8% | +0.3 |
| FY2007 | Dec 31, 2007 | 8.5% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 14.6% | +7.5 |
| Q2 FY2026 | Jun 30, 2026 | 17.2% | +11.7 |
| Q1 FY2026 | Mar 31, 2026 | 4.5% | −2.8 |
| Q4 FY2025 | Dec 31, 2025 | 5.9% | −0.3 |
| Q3 FY2025 | Sep 30, 2025 | 7.1% | −1.7 |
| Q2 FY2025 | Jun 30, 2025 | 5.6% | −3.1 |
| Q1 FY2025 | Mar 31, 2025 | 7.4% | −3.9 |
| Q4 FY2024 | Dec 31, 2024 | 6.2% | +1.4 |
| Q3 FY2024 | Sep 30, 2024 | 8.9% | −3.2 |
| Q2 FY2024 | Jun 30, 2024 | 8.7% | −3.6 |
| Q1 FY2024 | Mar 31, 2024 | 11.3% | −1.7 |
| Q4 FY2023 | Dec 31, 2023 | 4.8% | −6.5 |
| Q3 FY2023 | Sep 30, 2023 | 12.1% | −4.8 |
| Q2 FY2023 | Jun 30, 2023 | 12.3% | −4.6 |
| Q1 FY2023 | Mar 31, 2023 | 12.9% | +1.4 |
| Q4 FY2022 | Dec 31, 2022 | 11.2% | +0.7 |
| Q3 FY2022 | Sep 30, 2022 | 16.9% | +3.2 |
| Q2 FY2022 | Jun 30, 2022 | 16.9% | +8.7 |
| Q1 FY2022 | Mar 31, 2022 | 11.5% | +7.2 |
| Q4 FY2021 | Dec 31, 2021 | 10.5% | +13.1 |
| Q3 FY2021 | Sep 30, 2021 | 13.7% | +14.5 |
| Q2 FY2021 | Jun 30, 2021 | 8.2% | +69.5 |
| Q1 FY2021 | Mar 31, 2021 | 4.3% | −7.1 |
| Q4 FY2020 | Dec 31, 2020 | -2.6% | +15.6 |
| Q3 FY2020 | Sep 30, 2020 | -0.8% | −8.0 |
| Q2 FY2020 | Jun 30, 2020 | -61.3% | −72.4 |
| Q1 FY2020 | Mar 31, 2020 | 11.4% | +3.9 |
| Q4 FY2019 | Dec 31, 2019 | -18.2% | −27.0 |
| Q3 FY2019 | Sep 30, 2019 | 7.1% | −2.1 |
| Q2 FY2019 | Jun 30, 2019 | 11.1% | +3.0 |
| Q1 FY2019 | Mar 31, 2019 | 7.5% | −2.1 |
| Q4 FY2018 | Dec 31, 2018 | 8.8% | +0.5 |
| Q3 FY2018 | Sep 30, 2018 | 9.2% | +3.8 |
| Q2 FY2018 | Jun 30, 2018 | 8.1% | +3.9 |
| Q1 FY2018 | Mar 31, 2018 | 9.6% | +1.6 |
| Q4 FY2017 | Dec 31, 2017 | 8.3% | +7.0 |
| Q3 FY2017 | Sep 30, 2017 | 5.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 4.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 8.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 1.3% | – |
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