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Chevron CVX Current ratio

Current ratio at other companies

Exxon Mobil logo
Exxon MobilXOM
-0.2×
EOG Resources logo
EOG ResourcesEOG
1.7×-0.2×
ConocoPhillips logo
ConocoPhillipsCOP
1.3×0.0×
Imperial Oil logo
Imperial OilIMO
1.2×-0.2×
Devon Energy logo
Devon EnergyDVN
-0.1×
Permian Resources logo
Permian ResourcesPR
0.7×-0.2×

Other financials

Income statement

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Revenue$48.6B+2.1%
Gross profit$20.3B+7.1%
Net income$2.2B-36.9%
EPS (diluted)$1.11-44.5%

Balance sheet

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Cash & equivalents$6.3B+2.4%
Total debt$45.4B+53.1%
Total equity$183.72B+23.1%
Total assets$329.55B+28.5%

Cash flow

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Operating cash flow$2.5B-51.6%
CapEx$4.1B+3.5%
Free cash flow-$1.5B-223%

Valuation

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Market cap$353.67B+39.2%
Enterprise value$392.78B+41.2%
P/E32.1×+15.9×
P/S1.9×+0.6×

Profitability

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Gross margin43.2%+2.8pp
Net margin5.8%-2.0pp

Returns & leverage

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Return on equity6.6%-3.5pp
Debt / equity0.2×0.0×

Where this comes from

Calculated from Chevron’s reported figures.

Based on the most recent quarter.

The official record: Chevron’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chevron's current ratio?
Chevron (CVX) reported current ratio of 1.1× in Q1 2026.
How has Chevron's current ratio changed year-over-year?
Chevron's current ratio increased by 1.3% year-over-year, from 1.1× to 1.1×.
What is the long-term trend for Chevron's current ratio?
Over 4 years (2021 to 2025), Chevron's current ratio has grown at a -2.3% compound annual growth rate (CAGR), from 4.8× to 4.4×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.