Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year
Chevron Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year decreased by 6.0% to $0.08 in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from $0.08 to $0.08. Over 5 years (FY 2020 to FY 2025), Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year shows an upward trend with a 5.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in the trend rate leads to higher projected benefit obligations and potentially higher annual expenses.
Detailed definition
This is an actuarial assumption representing the expected annual rate of change in the cost of health care benefits prov...
Peer comparison
Standard actuarial disclosure; peers with similar benefit structures will report comparable trend rates based on market health care inflation.
other_defined_benefit_plan_health_care_cost_trend_rate_a_69570eHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $0.06 | $0.07 | $0.08 | $0.08 | $0.08 |
| QoQ Change | — | +6.5% | +27.3% | +0.0% | -6.0% |
| YoY Change | — | +6.5% | +27.3% | +0.0% | -6.0% |
Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year at Other Companies
Frequently Asked Questions
- What is Chevron's defined benefit plan, health care cost trend rate assumed, next fiscal year?
- Chevron (CVX) reported defined benefit plan, health care cost trend rate assumed, next fiscal year of $0.08 in Q4 2025.
- How has Chevron's defined benefit plan, health care cost trend rate assumed, next fiscal year changed year-over-year?
- Chevron's defined benefit plan, health care cost trend rate assumed, next fiscal year decreased by 6.0% year-over-year, from $0.08 to $0.08.
- What is the long-term trend for Chevron's defined benefit plan, health care cost trend rate assumed, next fiscal year?
- Over 5 years (2020 to 2025), Chevron's defined benefit plan, health care cost trend rate assumed, next fiscal year has grown at a 5.3% compound annual growth rate (CAGR), from $0.06 to $0.08.
- What does defined benefit plan, health care cost trend rate assumed, next fiscal year mean?
- The estimated annual percentage increase in the cost of providing health care to retirees, used to calculate future benefit liabilities.