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Chevron CVX Business Segments

Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24
Equity in Earnings by Business
Downstream$202.5M-20.7%$202.5M-20.7%$202.5M-20.7%$202.5M-20.7%$255.25M-18.6%
Upstream$549.75M-38.6%$549.75M-38.6%$549.75M-38.6%$549.75M-38.6%$895M-7.9%
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization by Geography
Australia$36.76B-5.7%$38.97B-5.9%
Guyana$50.96B
International$129.2B+62.3%$79.62B-9.2%
United States$90.53B+32.8%$68.18B+3.5%

FAQ

How does Chevron break its business down?
Chevron (CVX) reports equity in earnings by business across 2 parts — Downstream and Upstream. Each is extracted from the segment footnotes and tracked over time.
Where does Chevron's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Chevron's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.