Chevron CVX Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total Assets by Business | |||||
| Downstream | $224.42B-2.4% | $229.87B+4.4% | $220.16B+2.4% | $214.99B+23.6% | |
| Upstream | $888.2B+15.6% | $768.61B+1.4% | $757.73B+2.7% | $738.11B-1.5% | |
| Equity in Earnings by Business | |||||
| Downstream | $810M-20.7% | $1.02B-18.6% | $1.26B-36.1% | $1.97B-8.5% | |
| Upstream | $2.2B-38.6% | $3.58B-7.9% | $3.89B-41.4% | $6.63B+88.8% | |
| Gains on sale of nonstrategic properties by Business | |||||
| Downstream | $40M+167% | $15M-54.5% | $33M-63.3% | $90M+200% | |
| Upstream | $360M+55.8% | $231M+110% | $110M-63.3% | $300M-60.3% | |
| Depreciation, Depletion and Amortization by Business | |||||
| All Other | $283M-15.3% | $334M+4.7% | $319M+26.1% | $253M— | |
| Downstream | $1.4B-3.2% | $1.45B+17.8% | $1.23B+0.7% | $1.22B+8.4% | |
| Upstream | $18.45B+19.0% | $15.5B-1.8% | $15.78B+6.3% | $14.84B-10.0% | |
| Goodwill by Business | |||||
| Downstream | $1.41B0.0% | $1.41B0.0% | $1.41B— | —— | |
| Upstream | $16.86B-2.7% | $17.34B-0.8% | $17.48B0.0% | $17.48B-0.6% | |
| Property, Plant and Equipment, Additions by Business | |||||
| Downstream | $895M-38.8% | $1.46B-21.4% | $1.86B-37.8% | $2.99B+285% | |
| Upstream | $90.19B+543% | $14.02B-42.9% | $24.54B+171% | $9.06B+31.9% | |
| Total Assets by Geography | |||||
| Int’l. | $668.64B+9.2% | $612.42B-2.9% | $630.54B-3.7% | $654.48B-0.5% | |
| United States | $470.82B+15.6% | $407.3B+6.1% | $383.79B+9.2% | $351.52B+21.8% | |
| Depreciation, Depletion and Amortization by Geography | |||||
| Int’l. | $9.07B+9.2% | $8.3B-1.4% | $8.42B-17.1% | $10.15B-8.8% | |
| United States | $11.07B+23.2% | $8.98B+0.8% | $8.91B+44.4% | $6.17B-9.2% | |
| Property, Plant and Equipment, Additions by Geography | |||||
| International | $58.65B+1,154% | $4.68B+6.8% | $4.38B+53.4% | $2.86B+10.3% | |
| United States | $32.92B+195% | $11.16B-50.0% | $22.34B+137% | $9.43B+81.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Chevron break its business down?
- Chevron (CVX) reports total assets 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.
