CHEVRON CORP

10-K & 10-Q Filings

Chevron Corporation is a Delaware corporation that manages investments in subsidiaries and affiliates and provides administrative, financial, management, and technology support to U.S. and international subsidiaries engaged in integrated energy and chemicals operations. The company's strategy is to leverage its strengths to safely deliver lower carbon energy to a growing world, with a focus on higher returns, lower carbon, and superior shareholder value. Chevron's business is divided into Upstream and Downstream segments. Upstream operations consist of exploring for, developing, producing, and transporting crude oil and natural gas, while Downstream operations involve refining crude oil into petroleum products, marketing and selling fuels and lubricants, and manufacturing and marketing commodity petrochemicals. The company's website is www.chevron.com, and its ticker symbol is CVX.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$253706.00
241909.00
228848.00
211970.00
138477.00
114472.00
141722.00
166339.00
146516.00
94692.00
162465.00
246252.00
200949.00
50793.00
48716.00
-1.92%-4.09%Cost of Revenue (-)
$158008.00
148776.00
134696.00
119671.00
69751.00
59321.00
75765.00
94578.00
80113.00
50488.00
89372.00
145416.00
119196.00
29407.00
27741.00
-2.32%-5.67%Gross Profit (+)
$95698.00
93133.00
94152.00
92299.00
68726.00
55151.00
65957.00
71761.00
66403.00
44204.00
73093.00
100836.00
81753.00
21386.00
20975.00
-1.30%-1.92%Selling, General & Administrative (-)
$4745.00
4724.00
4510.00
4494.00
4443.00
16352.00
16779.00
8705.00
4143.00
8712.00
10854.00
8344.00
8361.00
1977.00
2134.00
4.83%7.94%Depreciation & Amortization (-)
$12911.00
13413.00
14186.00
16793.00
21037.00
19457.00
19349.00
19419.00
29218.00
19508.00
17925.00
16319.00
17326.00
3526.00
4091.00
2.48%16.02%Operating Expenses (-)
$40521.00
42435.00
58247.00
61097.00
63884.00
57110.00
56429.00
49878.00
59652.00
51657.00
51454.00
50351.00
51488.00
11714.00
12887.00
2.02%10.01%Costs & Expenses (Total) (-)
$206072.00
195577.00
192943.00
180768.00
133635.00
116632.00
132501.00
145764.00
140980.00
102145.00
140826.00
196578.00
171365.00
41274.00
40794.00
-1.53%-1.16%Operating Income/Loss (+)
$47634.00
46332.00
35905.00
31202.00
4842.00
-2160.00
9221.00
20575.00
5536.00
-7453.00
21639.00
49674.00
29584.00
9519.00
7922.00
-3.89%-16.78%Non-operating Income/Expense (+)
$9335.00
11319.00
8692.00
11476.00
8552.00
4257.00
7048.00
-560.00
-417.00
-880.00
-688.00
-295.00
-212.00
-38.00
-48.00
-26.32%Interest Expense (-)
$
201.00
307.00
748.00
798.00
697.00
712.00
516.00
469.00
115.00
118.00
2.61%Earnings before Tax (+)
$47634.00
46332.00
35905.00
31202.00
4842.00
-2160.00
9221.00
20575.00
5536.00
-7453.00
21639.00
49674.00
29584.00
9519.00
7922.00
-3.89%-16.78%Tax Expense (-)
$20626.00
19996.00
14308.00
11892.00
132.00
-1729.00
-48.00
5715.00
2691.00
-1892.00
5950.00
14066.00
8173.00
2914.00
2371.00
-7.42%-18.63%Income/Loss (Continuing Operations) (+)
$27008.00
26336.00
21597.00
19310.00
4710.00
-431.00
9269.00
14860.00
2845.00
-5561.00
15689.00
35608.00
21411.00
6605.00
5551.00
-1.92%-15.96%Profit/Loss (+)
$27008.00
26336.00
21597.00
19310.00
4710.00
-431.00
9269.00
14860.00
2845.00
-5561.00
15689.00
35608.00
21411.00
6605.00
5551.00
-1.92%-15.96%Net Income/Loss (NCI) (-)
$113.00
157.00
174.00
69.00
123.00
66.00
74.00
36.00
-79.00
-18.00
64.00
143.00
42.00
31.00
50.00
-7.92%61.29%Net Income/Loss (+)
$26895.00
26179.00
21423.00
19241.00
4587.00
-497.00
9195.00
14824.00
2924.00
-5543.00
15625.00
35465.00
21369.00
6574.00
5501.00
-1.90%-16.32%Net Income/Loss (Common) (+)
$26895.00
26179.00
21423.00
19241.00
4587.00
-497.00
9195.00
14824.00
2924.00
-5543.00
15625.00
35465.00
21369.00
6574.00
5501.00
-1.90%-16.32%EPS (Basic)
$13.54
13.42
11.18
10.21
2.46
-0.27
4.88
7.81
1.55
-2.96
8.15
18.36
11.41
3.48
2.99
-1.42%-14.08%EPS (Diluted)
$13.44
13.32
11.09
10.14
2.45
-0.27
4.85
7.74
1.54
-2.96
8.14
18.28
11.36
3.46
2.97
-1.39%-14.16%Weighted Avg Shares (Basic)
1976.97
1942.70
1909.13
1880.18
1883.16
1893.10
1910.25
1900.06
1879.32
1926.38
1947.55
1906.67
1857.27
1891.69
1842.38
-0.52%-2.61%Weighted Avg Shares (Diluted)
1900.79
1849.12
-2.72%Cash
$15864.00
20939.00
16245.00
12785.00
11022.00
6988.00
4813.00
9342.00
17678.00
8178.00
15668.00
6278.00
-5.37%-59.93%Short-term Investments
$249.00
266.00
263.00
422.00
310.00
13.00
9.00
53.00
63.00
31.00
35.00
223.00
45.00
130.00
-13.29%Receivables
$21793.00
20997.00
21622.00
16736.00
12860.00
14092.00
15353.00
15050.00
13325.00
11471.00
18419.00
20456.00
19921.00
19021.00
20414.00
-0.75%7.32%Inventory
$5543.00
6144.00
6380.00
6505.00
6334.00
5419.00
5585.00
5704.00
5848.00
5676.00
6305.00
8247.00
8612.00
9232.00
9942.00
3.74%7.69%Prepaid Expenses (Current)
$5827.00
6666.00
5732.00
5776.00
4821.00
3107.00
2800.00
2922.00
3407.00
3304.00
3339.00
3739.00
4372.00
4300.00
3874.00
-2.37%-9.91%Other Assets (Current)
$3958.00
708.00
8.00
8.00
950.00
5686.00
5596.00
5640.00
Assets (Current)
$53234.00
55720.00
50250.00
42232.00
35347.00
29619.00
28560.00
34021.00
28329.00
26078.00
33738.00
50343.00
41128.00
48351.00
40508.00
-2.13%-16.22%Securities & Long-term Investments
$22868.00
23718.00
25502.00
26912.00
27110.00
30250.00
32497.00
35546.00
38688.00
39052.00
40696.00
45238.00
46812.00
46248.00
47650.00
6.15%3.03%Property, Plant & Equipment (Net)
$122608.00
141348.00
164829.00
183173.00
188396.00
182186.00
177712.00
169207.00
156618.00
146961.00
143591.00
153619.00
142951.00
153641.00
1.90%7.48%Accumulated Depreciation
$110824.00
122133.00
131604.00
144116.00
151881.00
153891.00
166773.00
171037.00
Goodwill & Intangibles
$4642.00
4640.00
4639.00
4593.00
4588.00
4581.00
4531.00
4518.00
4463.00
4402.00
4385.00
4722.00
4722.00
4722.00
4722.00
0.14%0.00%Other Assets
$6122.00
7556.00
8533.00
9116.00
10662.00
13442.00
10506.00
10571.00
165948.00
13640.00
13755.00
13815.00
15351.00
13614.00
15130.00
7.96%11.14%Assets (Non-current)
$156240.00
177262.00
203503.00
223794.00
230756.00
230459.00
225246.00
219842.00
209099.00
213712.00
205797.00
207366.00
220504.00
207535.00
221143.00
2.91%6.56%Assets (Total)
$209474.00
232982.00
253753.00
266026.00
266103.00
260078.00
253806.00
253863.00
237428.00
239790.00
239535.00
257709.00
261632.00
255886.00
261651.00
1.87%2.25%Accounts Payable
$33260.00
34085.00
32644.00
28136.00
21536.00
20945.00
22545.00
21445.00
23248.00
20635.00
26535.00
32244.00
31729.00
30804.00
32658.00
-0.39%6.02%Debt (Current)
$340.00
127.00
374.00
3790.00
4928.00
10840.00
5192.00
5726.00
3282.00
1548.00
256.00
1964.00
529.00
2931.00
282.00
3.75%-90.38%Liabilities (Current)
$33600.00
34212.00
33018.00
31926.00
26464.00
31785.00
27737.00
27171.00
26530.00
22183.00
26791.00
34208.00
32258.00
33735.00
32940.00
-0.34%-2.36%Debt (Non-current)
$9812.00
12065.00
20057.00
24028.00
33664.00
35286.00
33571.00
28733.00
23691.00
42767.00
31113.00
21375.00
20307.00
20275.00
21553.00
6.25%6.30%Other Liabilities
$43881.00
48873.00
50251.00
53881.00
52089.00
46285.00
43179.00
42317.00
41999.00
42114.00
41691.00
41884.00
47138.00
41442.00
45502.00
0.60%9.80%Liabilities (Non-current)
$53693.00
60938.00
70308.00
77909.00
85753.00
81571.00
76750.00
71050.00
65690.00
84881.00
72804.00
63259.00
67445.00
61717.00
67055.00
1.92%8.65%Liabilities (Total)
$87293.00
95150.00
103326.00
109835.00
112217.00
113356.00
104487.00
98221.00
92220.00
107064.00
99595.00
97467.00
99703.00
95452.00
99995.00
1.11%4.76%Treasury Stock
$29685.00
33884.00
38290.00
42733.00
42493.00
41834.00
40833.00
41593.00
44599.00
41498.00
41464.00
48196.00
59065.00
51854.00
61959.00
5.90%19.49%Retained Earnings
$140399.00
159730.00
173677.00
184987.00
181578.00
173046.00
174106.00
180987.00
174945.00
160377.00
165546.00
190024.00
200025.00
193738.00
202514.00
2.99%4.53%AOCI
$-6022.00
-6369.00
-3579.00
-4859.00
-4291.00
-3843.00
-3589.00
-3544.00
-4990.00
-5612.00
-3889.00
-2798.00
-2960.00
-2741.00
-2965.00
-8.17%Shareholder's Equity
$122181.00
137832.00
150427.00
156191.00
153886.00
146722.00
149319.00
155642.00
145208.00
132726.00
139940.00
160242.00
161929.00
160434.00
161656.00
2.37%0.76%Liabilities & Equity
$209474.00
232982.00
253753.00
266026.00
266103.00
260078.00
253806.00
253863.00
237428.00
239790.00
239535.00
257709.00
261632.00
255886.00
261651.00
1.87%2.25%Net Income/Loss
$27008.00
26336.00
21597.00
19310.00
4710.00
-431.00
9269.00
14860.00
2845.00
-5561.00
15689.00
35608.00
21411.00
6605.00
5551.00
-1.92%-15.96%Depreciation & Amortization
$12911.00
13413.00
14186.00
16793.00
21037.00
19457.00
19349.00
19419.00
29218.00
19508.00
17925.00
16319.00
17326.00
3526.00
4091.00
2.48%16.02%Increase/Decrease in Working Capital
$-2509.00
-1241.00
1469.00
286.00
2013.00
446.00
91.00
300.00
-433.00
-48.00
299.00
59.00
150.00
149.00
273.00
83.22%Share-based Compensation
$-1467.00
-1228.00
-1194.00
-392.00
-868.00
-870.00
Adjustments to Reconcile Net Income
$14090.00
12476.00
13405.00
12165.00
14746.00
13277.00
11246.00
15758.00
24469.00
16138.00
13498.00
13994.00
14198.00
600.00
1277.00
0.06%112.83%Net Cash (Operating)
$41098.00
38812.00
35002.00
31475.00
19456.00
12846.00
20515.00
30618.00
27314.00
10577.00
29187.00
49602.00
35609.00
7205.00
6828.00
-1.19%-5.23%Capital Expenditure
$25992.00
28161.00
36842.00
29678.00
23765.00
15332.00
8157.00
11400.00
11165.00
5581.00
6265.00
12201.00
15105.00
2819.00
3985.00
-4.42%41.36%Net Cash (Investing)
$-27489.00
-24796.00
-35609.00
-29893.00
-23808.00
-16852.00
-8201.00
-12290.00
-11458.00
-6965.00
-5865.00
-12108.00
-15232.00
-2807.00
-3956.00
-40.93%Increase/Decrease in Debt
$-2369.00
2047.00
8246.00
7388.00
10724.00
7470.00
-7461.00
-4502.00
-7846.00
7470.00
-12936.00
-8479.00
-4055.00
-100.00
1027.00
1127.00%Increase/Decrease in Equity
$-3193.00
-4142.00
-4494.00
-4412.00
211.00
650.00
1117.00
-604.00
-2935.00
-1531.00
38.00
-5417.00
-14678.00
-3607.00
-2891.00
19.85%Dividends Paid
$6210.00
6885.00
7573.00
7975.00
8120.00
8095.00
8210.00
8593.00
8977.00
9675.00
10215.00
11082.00
11376.00
2857.00
3003.00
5.17%5.11%Net Cash (Financing)
$-11772.00
-8980.00
-3821.00
-4999.00
2815.00
25.00
-14554.00
-13699.00
-19758.00
-3736.00
-23113.00
-24978.00
-30109.00
-6573.00
-4863.00
26.02%Effect of Exchange Rate
$-33.00
39.00
-266.00
-43.00
-226.00
-53.00
65.00
-91.00
332.00
-50.00
-151.00
-190.00
-114.00
-47.00
-72.00
-53.19%Increase/Decrease in Cash
$1804.00
5075.00
-4694.00
-3460.00
-1763.00
-4034.00
-2175.00
4538.00
-3570.00
-174.00
58.00
12326.00
-9846.00
-2222.00
-2063.00
7.16%Cash (Beginning)
$14060.00
15864.00
20939.00
16245.00
12785.00
11022.00
6988.00
5943.00
10481.00
6911.00
6737.00
6795.00
19121.00
19121.00
9275.00
2.60%-51.49%Cash (Ending)
$15864.00
20939.00
16245.00
12785.00
11022.00
6988.00
4813.00
10481.00
6911.00
6737.00
6795.00
19121.00
9275.00
16899.00
7212.00
-4.37%-57.32%NOPAT
$27008.00
26336.00
21597.00
19310.00
4710.00
-3889.00
9173.00
14860.00
2845.00
-9345.00
15689.00
35608.00
21411.00
6605.00
5551.00
-1.92%-15.96%Gross Margin %
37.72%
38.50%
41.14%
43.54%
49.63%
48.18%
46.54%
43.14%
45.32%
46.68%
44.99%
40.95%
40.68%
42.10%
43.06%
Operating Margin %
18.78%
19.15%
15.69%
14.72%
3.50%
-1.89%
6.51%
12.37%
3.78%
-7.87%
13.32%
20.17%
14.72%
18.74%
16.26%
NOPAT Margin %
10.65%
10.89%
9.44%
9.11%
3.40%
-3.40%
6.47%
8.93%
1.94%
-9.87%
9.66%
14.46%
10.65%
13.00%
11.39%
Net Margin %
10.60%
10.82%
9.36%
9.08%
3.31%
-0.43%
6.49%
8.91%
2.00%
-5.85%
9.62%
14.40%
10.63%
12.94%
11.29%
Tax Rate %
43.30%
43.16%
39.85%
38.11%
2.73%
-80.05%
0.52%
27.78%
48.61%
-25.39%
27.50%
28.32%
27.63%
30.61%
29.93%
ROA
12.89%
11.30%
8.51%
7.26%
1.77%
-1.50%
3.61%
5.85%
1.20%
-3.90%
6.55%
13.82%
8.18%
2.58%
2.12%
ROE
22.10%
19.11%
14.36%
12.36%
3.06%
-2.65%
6.14%
9.55%
1.96%
-7.04%
11.21%
22.22%
13.22%
4.12%
3.43%
ROIC
18.88%
15.80%
11.56%
9.59%
2.28%
-1.99%
4.87%
8.02%
74.97%
-5.80%
10.37%
21.43%
12.77%
4.28%
3.37%
Asset Turnover
1.21
1.04
0.90
0.80
0.52
0.44
0.56
0.66
0.62
0.39
0.68
0.96
0.77
0.20
0.19
Inventory Turnover
28.51
24.21
21.11
18.40
11.01
10.95
13.57
16.58
13.70
8.89
14.17
17.63
13.84
3.19
2.79
Equity Multiplier
1.71
1.69
1.69
1.70
1.73
1.77
1.70
1.63
1.64
1.81
1.71
1.61
1.62
1.59
1.62
Current Ratio
1.58
1.63
1.52
1.32
1.34
0.93
1.03
1.25
1.07
1.18
1.26
1.47
1.27
1.43
1.23
Quick Ratio
1.13
1.23
1.15
0.94
0.91
0.66
0.73
0.90
0.50
0.52
0.69
1.12
0.87
1.03
0.81
Debt/Equity Ratio
0.08
0.09
0.14
0.18
0.25
0.31
0.26
0.22
0.19
0.33
0.22
0.15
0.13
0.14
0.14
Working Capital/Sales
0.06
0.09
0.08
0.06
0.10
0.08
0.04
0.07
-0.00
0.07
0.05
0.13
0.13
Dividend Payout Ratio %
22.99%
26.14%
35.07%
41.30%
172.40%
208.15%
89.50%
57.83%
315.54%
103.53%
65.11%
31.12%
53.13%
43.26%
54.10%
Total Payout
$11772.00
8980.00
3821.00
4999.00
-2815.00
-25.00
14554.00
13699.00
19758.00
3736.00
23113.00
24978.00
30109.00
6564.00
4867.00
8.14%-25.85%Payout Ratio %
43.59%
34.10%
17.69%
25.89%
-59.77%
-0.64%
158.66%
92.19%
694.48%
39.98%
147.32%
70.15%
140.62%
99.38%
87.68%