Discontinued — last reported Q4 '25

Operating

Pension Expense

Chevron Pension Expense decreased by 46.8% to $50.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 73.1%, from $186.00M to $50.00M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows a downward trend with a -23.9% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

This is an add-back to net income; it does not represent actual cash funding of pension plans.

Detailed definition

Represents the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or...

Peer comparison

Common in mature industrial companies with legacy defined-benefit pension plans.

Metric ID: cf_pension_and_postretirement_expense

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$250.00M$822.00M$348.00M$463.00M$312.00M$312.00M$235.00M$345.00M$218.00M$330.00M$227.00M$256.00M$198.00M$204.00M$186.00M$263.00M$181.00M$94.00M$50.00M
QoQ Change+228.8%-57.7%+33.0%-32.6%+0.0%-24.7%+46.8%-36.8%+51.4%-31.2%+12.8%-22.7%+3.0%-8.8%+41.4%-31.2%-48.1%-46.8%
YoY Change+24.8%-62.0%-32.5%-25.5%-30.1%+5.8%-3.4%-25.8%-9.2%-38.2%-18.1%+2.7%-8.6%-53.9%-73.1%
Range$50.00M$822.00M
CAGR-30.1%
Avg YoY Growth-23.1%
Median YoY Growth-25.5%
Current Streak3 quarters decline

Pension Expense at Other Companies

Frequently Asked Questions

What is Chevron's pension expense?
Chevron (CVX) reported pension expense of $50.00M in Q4 2025.
How has Chevron's pension expense changed year-over-year?
Chevron's pension expense decreased by 73.1% year-over-year, from $186.00M to $50.00M.
What is the long-term trend for Chevron's pension expense?
Over 4 years (2021 to 2025), Chevron's pension expense has grown at a -23.9% compound annual growth rate (CAGR), from $1.75B to $588.00M.
What does pension expense mean?
Non-cash accounting adjustments related to employee retirement benefit plans.