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Chevron CVX Free cash flow

Free cash flow at other companies

Exxon Mobil logo
Exxon MobilXOM
$2.24B-68.3%
World Kinect logo
World KinectWKC
-$60.2M-161%
EOG Resources logo
EOG ResourcesEOG
$2.81B+28.6%
Par Pacific Holdings, Inc. logo
Par Pacific Holdings, Inc.PARR
-$83.78M-97.9%
ConocoPhillips logo
ConocoPhillipsCOP
$1.3B
NewMarket logo
NewMarketNEU
$99.68M-7.1%

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%

Valuation

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Market cap$343.03B+32.4%
Enterprise value$382.14B+35.3%
P/E31.2×+14.6×
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

Calculated from Chevron’s reported figures.

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?
Chevron (CVX) reported free cash flow of -$1.55B in Q1 2026.
How has Chevron's free cash flow changed year-over-year?
Chevron's free cash flow decreased by 222.7% year-over-year, from $1.26B to -$1.55B.
What is the long-term trend for Chevron's free cash flow?
Over 4 years (2021 to 2025), Chevron's free cash flow has grown at a -5.9% compound annual growth rate (CAGR), from $21.13B to $16.59B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.