Business Segments · Total Assets

Downstream — Total Assets

Chevron Downstream — Total Assets increased by 11.4% to $61.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $57.07B to $61.52B. Over 4 years (FY 2021 to FY 2025), Downstream — Total Assets shows an upward trend with a 6.6% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 7, 2026
Rolls up toTotal Assets

How to read this metric

Higher assets indicate a larger operational footprint, while declining assets may signal divestitures or asset optimization strategies.

Detailed definition

The total book value of all resources controlled by the downstream segment, including refining facilities, inventory, an...

Peer comparison

Commonly reported by all integrated energy companies to track segment-level capital allocation.

Metric ID: cvx_segment_downstream_assets

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$43.39B$43.86B$45.22B$49.41B$57.22B$55.14B$53.22B$54.54B$54.77B$56.36B$54.49B$57.06B$58.48B$57.56B$56.77B$57.07B$56.19B$55.92B$55.24B$61.52B
QoQ Change+1.1%+3.1%+9.3%+15.8%-3.6%-3.5%+2.5%+0.4%+2.9%-3.3%+4.7%+2.5%-1.6%-1.4%+0.5%-1.5%-0.5%-1.2%+11.4%
YoY Change+31.9%+25.7%+17.7%+10.4%-4.3%+2.2%+2.4%+4.6%+6.8%+2.1%+4.2%+0.0%-3.9%-2.8%-2.7%+7.8%
Range$43.39B$61.52B
CAGR+7.6%
Avg YoY Growth+6.4%
Median YoY Growth+3.3%

Frequently Asked Questions

What is Chevron's downstream — total assets?
Chevron (CVX) reported downstream — total assets of $61.52B in Q1 2026.
How has Chevron's downstream — total assets changed year-over-year?
Chevron's downstream — total assets increased by 7.8% year-over-year, from $57.07B to $61.52B.
What is the long-term trend for Chevron's downstream — total assets?
Over 4 years (2021 to 2025), Chevron's downstream — total assets has grown at a 6.6% compound annual growth rate (CAGR), from $173.96B to $224.42B.
What does downstream — total assets mean?
The total value of resources owned and used by the downstream business unit.