Where do Chevron's ratios come from?

Every ratio is computed from Chevron's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Chevron CVX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	168.4%+2.8pp	165.7%+1.5pp	164.1%+1.3pp	162.8%-0.1pp	162.9%-0.4pp
Net margin	25.9%-2.0pp	27.9%-2.2pp	30.1%-1.9pp	31.9%-2.3pp	34.2%-2.4pp
EBITDA margin	85.4%+0.2pp	85.2%-0.6pp	85.8%-1.0pp	86.9%-2.0pp	88.9%-1.9pp
Free cash flow margin	32.2%+0.5pp	31.7%+1.4pp	30.3%-1.6pp	31.9%-0.8pp	32.7%-2.5pp
Returns
Return on equity	30.2%-3.5pp	33.7%-4.0pp	37.7%-3.0pp	40.7%-2.8pp	43.6%-2.6pp
Return on assets	17.7%-2.3pp	20%-2.6pp	22.6%-2.0pp	24.6%-1.9pp	26.5%-1.8pp
Return on invested capital	27.5%-3.2pp	30.7%-3.5pp	34.2%-2.9pp	37.1%-2.8pp	39.9%-2.9pp
Efficiency
Asset turnover	2.7×-0.1×	2.9×-0.1×	3×-0.1×	3.1×0.0×	3.1×0.0×
Inventory turnover	45.7×-1.6×	47.3×-2.0×	49.3×-1.1×	50.4×-0.1×	50.5×+0.3×
Liquidity
Current ratio	4.4×0.0×	4.4×+0.1×	4.3×+0.1×	4.2×-0.2×	4.4×-0.1×
Quick ratio	3.3×0.0×	3.3×0.0×	3.3×+0.1×	3.2×-0.1×	3.3×-0.1×
Cash ratio	0.8×0.0×	0.8×0.0×	0.8×+0.1×	0.7×0.0×	0.7×0.0×
Leverage
Debt-to-equity	0.9×0.0×	0.9×0.0×	0.8×+0.1×	0.8×+0.1×	0.7×+0.1×
Debt-to-assets	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.4×0.0×
Net debt / EBITDA	3.3×+0.4×	2.9×+0.4×	2.5×+0.3×	2.2×+0.2×	2×+0.2×
Valuation
Market capitalization	$1.28T+9.9%	$1.16T+4.2%	$1.11T+4.3%	$1.07T-3.4%	$1.11T+0.1%
Enterprise value	$1.41T+10.2%	$1.28T+5.0%	$1.22T+5.0%	$1.16T-2.6%	$1.19T+0.9%
Price / earnings	104.6×+18.4×	86.2×+10.2×	76.1×+8.5×	67.6×+2.8×	64.7×+4.4×
Price / sales	6.7×+0.7×	6×+0.3×	5.6×+0.3×	5.4×-0.1×	5.5×0.0×
Price / book	7.2×+0.3×	7×-0.1×	7×-0.1×	7.1×-0.1×	7.2×+0.1×
EV / EBITDA	34.4×+3.6×	30.9×+2.2×	28.7×+1.8×	26.9×+0.1×	26.8×+0.7×
EV / sales	7.4×+0.8×	6.6×+0.4×	6.2×+0.3×	5.8×-0.1×	5.9×0.0×
Free cash flow yield	20.2%-1.2pp	21.5%-0.4pp	21.8%-2.1pp	23.9%+0.1pp	23.8%-1.7pp
Earnings yield	16.3%-2.6pp	19%-2.8pp	21.8%-2.2pp	23.9%-1.0pp	24.9%-1.6pp
Dividend yield	16.1%-0.8pp	16.8%-0.4pp	17.2%-0.5pp	17.7%+0.7pp	17%+0.1pp

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Questions, answered.

Where do Chevron's ratios come from?: Every ratio is computed from Chevron's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.