Business Segments · Goodwill
Upstream — Goodwill
Chevron Upstream — Goodwill remained flat by 0.0% to $4.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $4.22B to $4.22B. Over 4 years (FY 2021 to FY 2025), Upstream — Goodwill shows relatively stable performance with a -1.0% CAGR.
Analysis
StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026May 7, 2026
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisitions, while a decrease indicates impairment due to reduced expectations of future segment performance.
Detailed definition
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinat...
Peer comparison
Standard across major integrated oil companies; peers often report this as part of segment-level intangible assets.
Metric ID:
cvx_segment_upstream_goodwillHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.40B | $4.40B | $4.39B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.23B | $4.22B | $4.22B | $4.22B | $4.22B | $4.22B |
| QoQ Change | — | +0.0% | -0.4% | -0.3% | -0.1% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -3.3% | -0.2% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -0.7% | -0.7% | -0.3% | -0.1% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -3.3% | -3.5% | -3.5% | -3.5% | -0.2% | +0.0% |
Range$4.22B – $4.40B
CAGR-0.9%
Avg YoY Growth-1.0%
Median YoY Growth-0.2%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is Chevron's upstream — goodwill?
- Chevron (CVX) reported upstream — goodwill of $4.22B in Q1 2026.
- How has Chevron's upstream — goodwill changed year-over-year?
- Chevron's upstream — goodwill decreased by 0.0% year-over-year, from $4.22B to $4.22B.
- What is the long-term trend for Chevron's upstream — goodwill?
- Over 4 years (2021 to 2025), Chevron's upstream — goodwill has grown at a -1.0% compound annual growth rate (CAGR), from $17.59B to $16.86B.
- What does upstream — goodwill mean?
- The intangible value assigned to the upstream segment following past acquisitions.