What is Chevron's D&A?

Chevron (CVX) reported D&A of $5.81B in Q1 2026.

How has Chevron's D&A changed year-over-year?

Chevron's D&A increased by 40.9% year-over-year, from $4.12B to $5.81B.

What is the long-term trend for Chevron's D&A?

Over 4 years (2021 to 2025), Chevron's D&A has grown at a 2.9% compound annual growth rate (CAGR), from $17.93B to $20.13B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Chevron CVX D&A

D&A at other companies

Exxon MobilXOM

$6.77B+18.7%

World KinectWKC

$20M-21.9%

EOG ResourcesEOG

$1.19B+17.8%

Par Pacific Holdings, Inc.PARR

$34.46M-5.8%

PED

PEDEVCOPED

$12.45M+272%

ConocoPhillipsCOP

$2.91B+5.8%

Segments

By segment

See full

Upstream$18.45B+19.0%

Downstream$1.4B-3.2%

All Other$66M-24.1%

By geography

See full

United States$8.98B+0.8%

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

See full

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

See full

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$330.13B+32.0%

Enterprise value$369.24B+34.6%

P/E30×+11.7×

P/S1.7×+0.5×

Profitability

See full

Gross margin43.2%+2.8pp

Net margin5.8%-2.0pp

FCF margin7.3%+0.5pp

Returns & leverage

See full

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:DepreciationDepletionAndAmortization.

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 D&A?: Chevron (CVX) reported D&A of $5.81B in Q1 2026.
How has Chevron's D&A changed year-over-year?: Chevron's D&A increased by 40.9% year-over-year, from $4.12B to $5.81B.
What is the long-term trend for Chevron's D&A?: Over 4 years (2021 to 2025), Chevron's D&A has grown at a 2.9% compound annual growth rate (CAGR), from $17.93B to $20.13B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.