Discontinued — last reported Q4 '25

Accumulated Depreciation

Non-Current Assets

Chevron Accumulated Depreciation increased by 2.6% to $215.23B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $198.13B to $215.23B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 2.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025
Parent metricPP&E (Net)

How to read this metric

A high ratio of accumulated depreciation to gross PP&E may indicate an aging asset base requiring future capital expenditure.

Detailed definition

This is the cumulative amount of depreciation expense charged against fixed assets since their acquisition. It represent...

Peer comparison

Standard accounting metric; essential for evaluating the lifecycle stage of industrial assets.

Metric ID: ppe_accumulated_depreciation

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$190.95B$180.63B$189.08B$190.90B$178.13B$180.96B$184.19B$187.46B$184.32B$188.55B$192.46B$196.86B$196.86B$195.56B$198.13B$200.70B$204.59B$209.78B$215.23B
QoQ Change-5.4%+4.7%+1.0%-6.7%+1.6%+1.8%+1.8%-1.7%+2.3%+2.1%+2.3%-0.0%-0.7%+1.3%+1.3%+1.9%+2.5%+2.6%
YoY Change-6.7%+0.2%-2.6%-1.8%+3.5%+4.2%+4.5%+5.0%+6.8%+3.7%+2.9%+1.9%+3.9%+7.3%+8.6%
% of PP&E (Net)126.3%122.1%128.7%132.2%123.4%125.5%128.3%131.1%129.1%122.5%125.3%128.1%128.7%132.2%134.1%135.5%138.8%95.6%98.0%
Share Change-4.2pp+6.6pp+3.5pp-8.8pp+2.2pp+2.7pp+2.9pp-2.0pp-6.6pp+2.8pp+2.8pp+0.5pp+3.6pp+1.8pp+1.4pp+3.3pp-43.2pp+2.4pp
Range$178.13B$215.23B
CAGR+2.7%
Avg YoY Growth+2.8%
Median YoY Growth+3.7%
Current Streak5 quarters growth

Frequently Asked Questions

What is Chevron's accumulated depreciation?
Chevron (CVX) reported accumulated depreciation of $215.23B in Q4 2025.
How has Chevron's accumulated depreciation changed year-over-year?
Chevron's accumulated depreciation increased by 8.6% year-over-year, from $198.13B to $215.23B.
What is the long-term trend for Chevron's accumulated depreciation?
Over 5 years (2020 to 2025), Chevron's accumulated depreciation has grown at a 2.7% compound annual growth rate (CAGR), from $188.61B to $215.23B.
What does accumulated depreciation mean?
The total amount of depreciation recorded for all assets since they were purchased.

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