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Chevron CVX Free cash flow margin

Free cash flow margin at other companies

Exxon Mobil logo
Exxon MobilXOM
5.6%-2.4pp
EOG Resources logo
EOG ResourcesEOG
42.7%-3.6pp
ConocoPhillips logo
ConocoPhillipsCOP
12.3%
Imperial Oil logo
Imperial OilIMO
8.2%-0.8pp
Devon Energy logo
Devon EnergyDVN
17.7%-0.9pp
Permian Resources logo
Permian ResourcesPR
69.1%-2.0pp

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 trailing twelve months.

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 free cash flow margin?
Chevron (CVX) reported free cash flow margin of 7.3% in Q1 2026.
How has Chevron's free cash flow margin changed year-over-year?
Chevron's free cash flow margin increased by 7.8% year-over-year, from 6.7% to 7.3%.
What is the long-term trend for Chevron's free cash flow margin?
Over 4 years (2021 to 2025), Chevron's free cash flow margin has grown at a -1.8% compound annual growth rate (CAGR), from 34.1% to 31.7%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.