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
DateValue
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