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Chevron CVX EV / sales

EV / sales at other companies

Exxon Mobil logo
Exxon MobilXOM
2.2×+0.7×
EOG Resources logo
EOG ResourcesEOG
3.4×+0.5×
ConocoPhillips logo
ConocoPhillipsCOP
3.1×+0.4×
Imperial Oil logo
Imperial OilIMO
1.4×+0.7×
Devon Energy logo
Devon EnergyDVN
2.4×+0.4×
Permian Resources logo
Permian ResourcesPR
4.1×+1.5×

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 / sales?
Chevron (CVX) reported EV / sales of 2.4× in Q1 2026.
How has Chevron's EV / sales changed year-over-year?
Chevron's EV / sales increased by 49.8% year-over-year, from 1.6× to 2.4×.
What is the long-term trend for Chevron's EV / sales?
Over 4 years (2021 to 2025), Chevron's EV / sales has grown at a -3.8% compound annual growth rate (CAGR), from 7.7× to 6.6×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.