Discontinued — last reported Q3 '23
Other
Purchase Obligation
Chevron Purchase Obligation decreased by 4.3% to $2.20B in Q3 2025 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023
How to read this metric
An increase suggests expanding operational commitments or long-term capital projects, while a decrease may indicate reduced future operational requirements.
Detailed definition
Represents the total future payment commitments under non-cancelable contracts for goods or services. This metric highli...
Peer comparison
Standard across capital-intensive industries; peers often disclose these in the contractual obligations table.
Metric ID:
purchase_obligationHistorical Data
5 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|
| Value | $2.71B | $2.48B | $2.40B | $2.30B | $2.20B |
| QoQ Change | — | -8.5% | -3.1% | -4.2% | -4.3% |
| YoY Change | — | -8.5% | — | — | — |
Range$2.20B – $2.71B
CAGR-18.8%
Avg YoY Growth-8.5%
Median YoY Growth-8.5%
Current Streak4+ quarters decline
Purchase Obligation at Other Companies
Frequently Asked Questions
- What is Chevron's purchase obligation?
- Chevron (CVX) reported purchase obligation of $2.20B in Q3 2025.
- What does purchase obligation mean?
- The total amount of money the company is contractually obligated to pay for future goods and services.