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| Date | Value |
|---|---|
| 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 |