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Chevron CVX Return on equity

Return on equity at other companies

Exxon Mobil logo
Exxon MobilXOM
9.8%-4.4pp
EOG Resources logo
EOG ResourcesEOG
18.2%-2.7pp
ConocoPhillips logo
ConocoPhillipsCOP
11.3%-5.4pp
Imperial Oil logo
Imperial OilIMO
12.4%-8.2pp
Devon Energy logo
Devon EnergyDVN
15.1%-5.8pp
Permian Resources logo
Permian ResourcesPR
6.3%-8.0pp

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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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 equity?
Chevron (CVX) reported return on equity of 6.6% in Q1 2026.
How has Chevron's return on equity changed year-over-year?
Chevron's return on equity decreased by 34.6% year-over-year, from 10.1% to 6.6%.
What is the long-term trend for Chevron's return on equity?
Over 4 years (2021 to 2025), Chevron's return on equity has grown at a 20.5% compound annual growth rate (CAGR), from 16% to 33.7%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.