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%+5.5pp	165.7%+2.3pp	164.1%+1.3pp	162.8%-0.8pp	162.9%-1.8pp
Net margin	25.9%-8.3pp	27.9%-8.8pp	30.1%-8.5pp	31.9%-10.3pp	34.2%-12.3pp
EBITDA margin	85.4%-3.5pp	85.2%-5.6pp	85.8%-6.2pp	86.9%-7.8pp	88.9%-9.1pp
Free cash flow margin	32.2%-0.4pp	31.7%-3.5pp	30.3%-7.3pp	31.9%-5.9pp	32.7%-8.5pp
Returns
Return on equity	30.2%-13.3pp	33.7%-12.4pp	37.7%-10.5pp	40.7%-12.8pp	43.6%-17.5pp
Return on assets	17.7%-8.8pp	20%-8.3pp	22.6%-7.2pp	24.6%-8.5pp	26.5%-11.1pp
Return on invested capital	27.5%-12.5pp	30.7%-12.1pp	34.2%-10.9pp	37.1%-13.4pp	39.9%-17.8pp
Efficiency
Asset turnover	2.7×-0.4×	2.9×-0.2×	3×-0.1×	3.1×-0.1×	3.1×-0.1×
Inventory turnover	45.7×-4.8×	47.3×-2.8×	49.3×-1.5×	50.4×-1.6×	50.5×-4.7×
Liquidity
Current ratio	4.4×0.0×	4.4×-0.1×	4.3×-0.4×	4.2×-0.7×	4.4×-0.8×
Quick ratio	3.3×0.0×	3.3×-0.1×	3.3×-0.3×	3.2×-0.6×	3.3×-0.7×
Cash ratio	0.8×+0.1×	0.8×+0.1×	0.8×0.0×	0.7×-0.2×	0.7×-0.4×
Leverage
Debt-to-equity	0.9×+0.2×	0.9×+0.2×	0.8×+0.2×	0.8×+0.2×	0.7×+0.1×
Debt-to-assets	0.5×+0.1×	0.5×+0.1×	0.5×+0.1×	0.5×+0.1×	0.4×+0.1×
Net debt / EBITDA	3.3×+1.4×	2.9×+1.2×	2.5×+0.9×	2.2×+0.7×	2×+0.7×
Valuation
Market capitalization	$1.28T+15.4%	$1.16T+5.1%	$1.11T-1.2%	$1.07T-9.6%	$1.11T-7.1%
Enterprise value	$1.41T+18.4%	$1.28T+8.3%	$1.22T+1.5%	$1.16T-7.1%	$1.19T-4.6%
Price / earnings	104.6×+39.9×	86.2×+25.9×	76.1×+17.1×	67.6×+12.1×	64.7×+14.7×
Price / sales	6.7×+1.1×	6×+0.4×	5.6×0.0×	5.4×-0.5×	5.5×-0.2×
Price / book	7.2×0.0×	7×-0.1×	7×-0.1×	7.1×-0.2×	7.2×-0.2×
EV / EBITDA	34.4×+7.7×	30.9×+4.8×	28.7×+2.5×	26.9×+0.8×	26.8×+2.1×
EV / sales	7.4×+1.4×	6.6×+0.7×	6.2×+0.1×	5.8×-0.3×	5.9×-0.1×
Free cash flow yield	20.2%-3.6pp	21.5%-4.0pp	21.8%-4.8pp	23.9%-2.0pp	23.8%-5.2pp
Earnings yield	16.3%-8.6pp	19%-7.6pp	21.8%-5.5pp	23.9%-5.1pp	24.9%-7.7pp
Dividend yield	16.1%-1.0pp	16.8%-0.1pp	17.2%+0.8pp	17.7%+2.2pp	17%+1.8pp

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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.