Chevron (CVX) Asset Utilization Ratio (2009 - 2026)
Chevron's (CVX) quarterly Asset Utilization Ratio came in at 0.58 in Q1 2026, down 23.46% YoY from 0.75 in Q1 2025, and up 0.88% on a QoQ basis from 0.57 in Q4 2025.
Chevron (CVX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Chevron (CVX) has 18 years of Asset Utilization Ratio data on file, last reported at 0.58 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 23.46% year-over-year to 0.58 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.58 (down 23.46% YoY) and the FY2025 annual result came in at 0.65, down 12.76% from the prior year.
- Asset Utilization Ratio improved to 0.58 in Q1 2026, from 0.57 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.89 in Q4 2022 to a low of 0.57 in Q4 2025.
- A 5-year average of 0.75 and a median of 0.75 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 77.37% — and 2025, when it retreated 23.89%.
- Tracing CVX's Asset Utilization Ratio over 5 years: stood at 0.89 in 2022, then fell by 14.88% to 0.76 in 2023, then fell by 1.07% to 0.75 in 2024, then dropped by 23.89% to 0.57 in 2025, then advanced by 0.88% to 0.58 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.58 (Q1 2026), 0.57 (Q4 2025), and 0.65 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | - |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 0.73 |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 0.58 |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | 0.56 |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 0.79 |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 0.81 |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 0.60 |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 1.07 |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 0.63 |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | 0.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.57 |
| Sep 30, 2025 | 0.65 |
| Jun 30, 2025 | 0.74 |
| Mar 31, 2025 | 0.75 |
| Dec 31, 2024 | 0.75 |
| Sep 30, 2024 | 0.75 |
| Jun 30, 2024 | 0.76 |
| Mar 31, 2024 | 0.75 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 0.82 |
| Mar 31, 2023 | 0.88 |
| Dec 31, 2022 | 0.89 |
| Sep 30, 2022 | 0.87 |
| Jun 30, 2022 | 0.79 |
| Mar 31, 2022 | 0.71 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.56 |
| Jun 30, 2021 | 0.49 |