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Chevron CVX Net debt

Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$70.1B+56.3%
Gross profit$33.4B+86.2%
Net income$12.1B+385%
EPS (diluted)$6.11+321%

Balance sheet

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Cash & equivalents$8.5B+58.6%
Total debt$37.1B+25.8%
Total equity$189.88B+29.7%
Total assets$330.14B+31.6%

Cash flow

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Operating cash flow$22.6B+164%
CapEx-$4.5B-222%
Free cash flow$18.1B+272%

Valuation

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Market cap$392.01B+27.6%
P/E19×-3.4×
P/S1.8×+0.2×

Profitability

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Gross margin45.4%+4.8pp
Net margin9.6%+2.5pp
FCF margin12.5%+4.3pp

Returns & leverage

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Return on equity12.2%+3.3pp
Debt / equity0.2×0.0×
Current ratio1.1×0.0×

Where this comes from

Calculated from Chevron’s reported figures.

The source filing: Chevron’s 8-K, filed July 31, 2026. Open the filing →

Filed
Jul 31, 2026, 6:16 AM EDT
Accession
0000093410-26-000162

FAQ

What is Chevron's net debt?
Chevron (CVX) reported net debt of $28.55B in Q2 2026.
How has Chevron's net debt changed year-over-year?
Chevron's net debt increased by 18.5% year-over-year, from $24.09B to $28.55B.
What is the long-term trend for Chevron's net debt?
Over 5 years (2020 to 2025), Chevron's net debt has grown at a -0.5% compound annual growth rate (CAGR), from $42.13B to $41B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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