Equity in Earnings

Chevron·Business Segments·2 segments·Rolls up to Equity Method Income

Breakdown

Segments

UpstreamView metric

DownstreamView metric

Segment	FY'21	FY'22	FY'23	FY'24	FY'25
Upstream	$3.51B	$6.63B	$3.89B	$3.58B	$2.20B
Downstream	$2.15B	$1.97B	$1.26B	$1.02B	$810.00M
Total	$5.66B	$8.59B	$5.13B	$4.60B	$3.00B

All segment values are derived from annual filings.