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Chevron CVX Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Total Assets by Business
Downstream$228.87B-0.4%$224.42B-2.4%$225.95B-0.7%$227.59B+0.5%$229.88B+3.2%
Upstream$958.2B+25.8%$888.2B+15.6%$819.71B+5.8%$750.99B-3.7%$761.48B-1.1%
Depreciation, Depletion and Amortization by Business
All Other$262M-27.0%$283M-15.3%$353M+30.9%$346M+17.5%$359M+19.2%
Goodwill by Business
Downstream$1.41B0.0%$1.41B0.0%$1.41B0.0%$1.41B0.0%$1.41B0.0%
Upstream$16.86B-1.9%$16.86B-2.7%$16.87B-3.5%$17.03B-2.6%$17.18B-1.7%
Total Assets by Geography
Int’l.$720.09B+19.7%$668.64B+9.2%$626.71B+1.3%$588.28B-5.7%$601.47B-4.0%
United States$492.52B+19.2%$470.82B+15.6%$445.66B+9.8%$416.68B+2.9%$413.15B+4.9%
Depreciation, Depletion and Amortization by Geography
Int’l.$9.89B+22.2%$9.07B+9.2%$8.63B+6.5%$8.09B-0.1%$8.1B-2.3%

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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.