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Chevron CVX EV / EBITDA

EV / EBITDA at other companies

Exxon Mobil logo
Exxon MobilXOM
11.6×+4.3×
EOG Resources logo
EOG ResourcesEOG
+1.1×
ConocoPhillips logo
ConocoPhillipsCOP
7.5×+1.5×
Imperial Oil logo
Imperial OilIMO
6.6×+3.6×
Devon Energy logo
Devon EnergyDVN
6.1×+1.4×
Permian Resources logo
Permian ResourcesPR
5.9×+2.3×

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×
Current ratio1.1×0.0×

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 EV / EBITDA?
Chevron (CVX) reported EV / EBITDA of 10.9× in Q1 2026.
How has Chevron's EV / EBITDA changed year-over-year?
Chevron's EV / EBITDA increased by 48.5% year-over-year, from 7.4× to 10.9×.
What is the long-term trend for Chevron's EV / EBITDA?
Over 4 years (2021 to 2025), Chevron's EV / EBITDA has grown at a -9.3% compound annual growth rate (CAGR), from 45.6× to 30.9×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.