Chevron (CVX) Asset Utilization Ratio (2009 - 2026)

Chevron (CVX) reported Asset Utilization Ratio of 0.58 for Q1 2026, down 26.05% on a YoY basis from 0.78 in Q1 2025, and up 0.87% quarter-over-quarter from 0.57 in Q4 2025.

Chevron (CVX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Chevron has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.58 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 26.05% year-over-year to 0.58; the trailing twelve-month figure through Mar 2026 stood at 0.58 (down 26.05% YoY), and the FY2025 full-year result was 0.65, down 16.79% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.58, up from 0.57 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.91 in Q1 2023, with the low at 0.57 in Q4 2025.
  • Historically, Asset Utilization Ratio has averaged 0.77 across 5 years, with a median of 0.76 in 2025.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 82.57% — and 2025, when it fell 27.24%.
  • Chevron's Asset Utilization Ratio stood at 0.91 in 2022, then decreased by 17.67% to 0.75 in 2023, then advanced by 4.75% to 0.79 in 2024, then fell by 27.24% to 0.57 in 2025, then climbed by 0.87% to 0.58 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.58 (Q1 2026), 0.57 (Q4 2025), and 0.66 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 0.73
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 1.28
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 0.58
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 0.76
7 Eni Spa 252.26 Bn 242.70 Bn - 0.55
8 Bp 196.12 Bn 159.56 Bn - 0.67
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 0.60
10 Imperial Oil 42.92 Bn 42.17 Bn - 1.07

Historic Data

Download Data
DateValue
Mar 31, 2026 0.58
Dec 31, 2025 0.57
Sep 30, 2025 0.66
Jun 30, 2025 0.76
Mar 31, 2025 0.78
Dec 31, 2024 0.79
Sep 30, 2024 0.76
Jun 30, 2024 0.76
Mar 31, 2024 0.75
Dec 31, 2023 0.75
Sep 30, 2023 0.79
Jun 30, 2023 0.85
Mar 31, 2023 0.91
Dec 31, 2022 0.91
Sep 30, 2022 0.89
Jun 30, 2022 0.82
Mar 31, 2022 0.74
Dec 31, 2021 0.67
Sep 30, 2021 0.57
Jun 30, 2021 0.49