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Chevron CVX Downstream — Property, Plant and Equipment, Additions

Other segment segments

Upstream
$14.02B-42.9%

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 — Capital and exploration expenditures
$91M+3.4%
Imperial Oil logo
IMODownstream — Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
$4.6B+3.9%
Imperial Oil logo
IMODownstream — Total Assets
$14.1B+14.4%
Imperial Oil logo
IMODownstream — Exploration Expense
0%
Talos Energy logo
TALOUpstream — Noncurrentassetadditions
$140.87M+10.4%

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:PropertyPlantAndEquipmentAdditions.

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 — property, plant and equipment, additions?
Chevron (CVX) reported downstream — property, plant and equipment, additions of $223.75M in Q4 2025.
How has Chevron's downstream — property, plant and equipment, additions changed year-over-year?
Chevron's downstream — property, plant and equipment, additions decreased by 38.8% year-over-year, from $365.5M to $223.75M.
What is the long-term trend for Chevron's downstream — property, plant and equipment, additions?
Over 4 years (2021 to 2025), Chevron's downstream — property, plant and equipment, additions has grown at a 3.6% compound annual growth rate (CAGR), from $777M to $895M.
What does downstream — property, plant and equipment, additions mean?
The total capital expenditure invested in new or upgraded physical assets for the downstream segment during the period. This reflects the company's commitment to expanding or maintaining its refining and distribution capabilities.