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Chevron CVX Downstream — Properties, plant and equipment, at cost

Similar metrics at other companies

Imperial Oil logo
IMODownstream — Property, plant and equipment, less accumulated depreciation and depletion
$3.66B+6.0%
Imperial Oil logo
IMODownstream — Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
$4.6B+3.9%
Imperial Oil logo
IMODownstream — Purchase of crude oil and products
$12.06B+0.6%
Imperial Oil logo
IMODownstream — Depreciation and depletion (includes impairments)
$56M+24.4%
Imperial Oil logo
IMODownstream — Total Costs & Expenses
$13.11B-1.1%
Imperial Oil logo
IMODownstream — Total Assets
$14.1B+14.4%

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$346.64B+35.8%
Enterprise value$385.75B+38.1%
P/E31.5×+12.9×
P/S1.8×+0.5×

Profitability

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Gross margin43.2%+2.8pp
Net margin5.8%-2.0pp
FCF margin7.3%+0.5pp

Returns & leverage

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Return on equity6.6%-3.5pp
Debt / equity0.2×0.0×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Chevron in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization.

The official record: Chevron’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chevron's downstream — properties, plant and equipment, at cost?
Chevron (CVX) reported downstream — properties, plant and equipment, at cost of $41.91B in Q4 2025.
How has Chevron's downstream — properties, plant and equipment, at cost changed year-over-year?
Chevron's downstream — properties, plant and equipment, at cost increased by 3.0% year-over-year, from $40.67B to $41.91B.
What does downstream — properties, plant and equipment, at cost mean?
The gross historical cost of all physical assets used in the downstream segment, including refineries, storage terminals, and distribution infrastructure. This metric represents the total historical investment in the segment's physical capacity before accounting for depreciation.