Asset retirement obligations
Non-Current LiabilitiesChevron Asset retirement obligations increased by 7.9% to $14.99B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 18.3%, from $12.67B to $14.99B. Over 5 years (FY 2020 to FY 2025), Asset retirement obligations shows an upward trend with a 1.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025
How to read this metric
An increase reflects higher estimated future cleanup costs, which may be due to new regulations or expanded operational footprints.
Detailed definition
This represents the estimated present value of costs to decommission, dismantle, or restore assets at the end of their u...
Peer comparison
Critical for energy and utility sectors; highly dependent on environmental regulations and site-specific conditions.
Metric ID:
utility_asset_retirement_obligationsHistorical Data
8 periods
| Q4 '21 | Q4 '22 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|
| Value | $12.81B | $12.70B | $12.71B | $13.83B | $12.45B | $12.67B | $13.89B | $14.99B |
| QoQ Change | — | -0.8% | +0.1% | +8.8% | -10.0% | +1.8% | +9.6% | +7.9% |
| YoY Change | — | -0.8% | — | +8.9% | -2.1% | -8.4% | +11.6% | +18.3% |
Range$12.45B – $14.99B
CAGR+9.4%
Avg YoY Growth+4.6%
Median YoY Growth+4.0%
Current Streak3 quarters growth
Asset retirement obligations at Other Companies
Frequently Asked Questions
- What is Chevron's asset retirement obligations?
- Chevron (CVX) reported asset retirement obligations of $14.99B in Q4 2025.
- How has Chevron's asset retirement obligations changed year-over-year?
- Chevron's asset retirement obligations increased by 18.3% year-over-year, from $12.67B to $14.99B.
- What is the long-term trend for Chevron's asset retirement obligations?
- Over 5 years (2020 to 2025), Chevron's asset retirement obligations has grown at a 1.9% compound annual growth rate (CAGR), from $13.62B to $14.99B.
- What does asset retirement obligations mean?
- The estimated future cost to clean up or shut down facilities like oil wells or refineries.