Current Assets
Inventory LIFO Reserve
Chevron Inventory LIFO Reserve decreased by 19.8% to $4.81B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 19.8%, from $6.00B to $4.81B. Over 5 years (FY 2020 to FY 2025), Inventory LIFO Reserve shows an upward trend with a 11.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025Feb 24, 2026
How to read this metric
A growing reserve typically indicates rising costs of raw materials over time.
Detailed definition
This is the difference between the cost of inventory calculated under the LIFO method and the cost under the FIFO or ave...
Peer comparison
Only applicable to companies using LIFO; peers using FIFO will not have this metric.
Metric ID:
inventory_lifo_reserveHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $5.59B | $9.06B | $6.46B | $6.00B | $4.81B |
| QoQ Change | — | +62.2% | -28.8% | -7.1% | -19.8% |
| YoY Change | — | +62.2% | -28.8% | -7.1% | -19.8% |
Range$4.81B – $9.06B
CAGR-14.0%
Avg YoY Growth+1.6%
Median YoY Growth-13.5%
Current Streak3 quarters decline
Inventory LIFO Reserve at Other Companies
Frequently Asked Questions
- What is Chevron's inventory lifo reserve?
- Chevron (CVX) reported inventory lifo reserve of $4.81B in Q4 2025.
- How has Chevron's inventory lifo reserve changed year-over-year?
- Chevron's inventory lifo reserve decreased by 19.8% year-over-year, from $6.00B to $4.81B.
- What is the long-term trend for Chevron's inventory lifo reserve?
- Over 5 years (2020 to 2025), Chevron's inventory lifo reserve has grown at a 11.8% compound annual growth rate (CAGR), from $2.75B to $4.81B.
- What does inventory lifo reserve mean?
- The difference between inventory value under LIFO and FIFO accounting methods.