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Chevron CVX Return on assets

Return on assets at other companies

Exxon Mobil logo
Exxon MobilXOM
5.5%-2.5pp
EOG Resources logo
EOG ResourcesEOG
11%-2.3pp
ConocoPhillips logo
ConocoPhillipsCOP
5.9%-2.8pp
Imperial Oil logo
Imperial OilIMO
6.5%-4.8pp
Devon Energy logo
Devon EnergyDVN
7.1%-2.8pp
Permian Resources logo
Permian ResourcesPR
3.7%-3.6pp

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%
Free cash flow-$1.5B-223%

Valuation

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Market cap$353.67B+39.2%
Enterprise value$392.78B+41.2%
P/E32.1×+15.9×
P/S1.9×+0.6×

Profitability

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Gross margin43.2%+2.8pp
Net margin5.8%-2.0pp

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.

Based on trailing twelve months.

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 return on assets?
Chevron (CVX) reported return on assets of 3.8% in Q1 2026.
How has Chevron's return on assets changed year-over-year?
Chevron's return on assets decreased by 37.8% year-over-year, from 6% to 3.8%.
What is the long-term trend for Chevron's return on assets?
Over 4 years (2021 to 2025), Chevron's return on assets has grown at a 21.8% compound annual growth rate (CAGR), from 9.1% to 20%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.