Chevron Corporation (CVX) — Financial statements
Income statement, balance sheet, and cash flow for Chevron Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 184,432↓4.6% | 193,414↓1.8% | 196,913↓16.5% | 235,717↑51.5% | 155,606 | |
| Cost of Revenue | 128,346↓6.0% | 136,488↓0.0% | 136,522↓19.8% | 170,130↑54.4% | 110,174 | |
| Gross Profit | 56,086↓1.5% | 56,926↓5.7% | 60,391↓7.9% | 65,587↑44.4% | 45,432 | |
| Operating Expenses | ||||||
| R&D Expenses | 427↑21.0% | 353↑10.3% | 320↑19.4% | 268↑0.0% | 268 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 5,126↑6.0% | 4,834↑16.7% | 4,141↓4.0% | 4,312↑7.4% | 4,014 | |
| Other Expenses | 33,859↑49.6% | 22,640↑2.3% | 22,140↑5.1% | 21,057↓15.9% | 25,046 | |
| Operating Expenses | 39,412↑41.6% | 27,827↑4.6% | 26,601↑3.8% | 25,637↓12.6% | 29,328 | |
| Total Costs & Expenses | 167,758↑2.1% | 164,315↑0.7% | 163,123↓16.7% | 195,767↑40.3% | 139,502 | |
| Operating Results | ||||||
| Operating Income | 16,674↓42.7% | 29,099↓13.9% | 33,790↓15.4% | 39,950↑148.1% | 16,104 | |
| Depreciation & Amortization | 20,457↑15.5% | 17,711↓0.3% | 17,762↑5.7% | 16,805↓1.2% | 17,013 | |
| EBITDA | 41,417↓9.6% | 45,811↓4.2% | 47,815↓28.6% | 66,995↑70.2% | 39,364 | |
| EBIT | 20,960↓25.4% | 28,100↓6.5% | 30,053↓40.1% | 50,190↑124.6% | 22,351 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,217↓104.9% | -594↓26.7% | -469↑9.1% | -516↑27.5% | -712 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 1,217↑104.9% | 594↑26.7% | 469↓9.1% | 516↓27.5% | 712 | |
| Non-Operating Income | -4,286↓529.0% | 999↓73.3% | 3,737↑136.5% | -10,240↓63.9% | -6,247 | |
| Other Income / Expenses | 3,069↑292.7% | -1,593↑62.1% | -4,206↓143.3% | 9,724↑75.7% | 5,535 | |
| Income Before Tax | 19,743↓28.2% | 27,506↓7.0% | 29,584↓40.4% | 49,674↑129.6% | 21,639 | |
| Income Tax Expense | 7,258↓25.6% | 9,757↑19.4% | 8,173↓41.9% | 14,066↑136.4% | 5,950 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 12,485↓29.7% | 17,749↓17.1% | 21,411↓39.9% | 35,608↑127.0% | 15,689 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 12,299↓30.4% | 17,661↓17.4% | 21,369↓39.7% | 35,465↑127.0% | 15,625 | |
| Bottom-Line Net Income | 12,299↓30.4% | 17,661↓17.4% | 21,369↓39.7% | 35,465↑127.0% | 15,625 | |
| EPS (Basic) | 6.65↓31.9% | 9.76↓14.5% | 11.41↓37.9% | 18.36↑125.3% | 8.15 | |
| EPS (Diluted) | 6.63↓31.8% | 9.72↓14.4% | 11.36↓37.9% | 18.28↑124.6% | 8.14 | |
| Weighted Average Shares | 1,849↑2.2% | 1,810↓3.4% | 1,873↓3.0% | 1,931↑0.8% | 1,916 | |
| Weighted Average Diluted Shares | 1,856↑2.2% | 1,817↓3.4% | 1,880↓3.1% | 1,940↑1.0% | 1,920 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.