Operating Expenses

Shipping and Handling Costs

Chevron Shipping and Handling Costs increased by 3.9% to $7.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.8%, from $6.41B to $7.68B. Over 4 years (FY 2021 to FY 2025), Shipping and Handling Costs shows an upward trend with a 7.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

Rising costs may indicate higher fuel prices or logistical inefficiencies, whereas stable or falling costs suggest optimized supply chain management.

Detailed definition

Shipping and handling costs encompass the expenses related to the logistics, transportation, and delivery of products to...

Peer comparison

Common in logistics, manufacturing, and energy; peers are compared based on shipping costs as a percentage of total revenue.

Metric ID: cop_shipping_and_handling_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.90B$5.35B$5.51B$5.64B$6.32B$6.36B$6.40B$6.02B$6.06B$6.30B$6.51B$6.53B$6.61B$6.70B$7.62B$6.41B$6.67B$7.53B$7.39B$7.68B
QoQ Change+9.3%+2.9%+2.4%+12.1%+0.6%+0.7%-5.9%+0.6%+4.0%+3.3%+0.4%+1.2%+1.2%+13.8%-15.9%+4.2%+12.9%-1.9%+3.9%
YoY Change+29.0%+18.8%+16.2%+6.8%-4.1%-0.9%+1.7%+8.5%+9.2%+6.3%+17.1%-1.9%+0.9%+12.5%-3.1%+19.8%
Range$4.90B$7.68B
CAGR+9.9%
Avg YoY Growth+8.5%
Median YoY Growth+7.6%

Frequently Asked Questions

What is Chevron's shipping and handling costs?
Chevron (CVX) reported shipping and handling costs of $7.68B in Q1 2026.
How has Chevron's shipping and handling costs changed year-over-year?
Chevron's shipping and handling costs increased by 19.8% year-over-year, from $6.41B to $7.68B.
What is the long-term trend for Chevron's shipping and handling costs?
Over 4 years (2021 to 2025), Chevron's shipping and handling costs has grown at a 7.8% compound annual growth rate (CAGR), from $20.73B to $28.01B.
What does shipping and handling costs mean?
The expenses incurred to transport and deliver products to customers.