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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 0.79 |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 0.69 |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 0.57 |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 0.81 |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 0.34 |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 1.11 |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 1.22 |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 0.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.65 |
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.58 |
| Sep 30, 2025 | 0.67 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.79 |
| Sep 30, 2024 | 0.76 |
| Jun 30, 2024 | 0.77 |
| Mar 31, 2024 | 0.76 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.82 |
| Jun 30, 2023 | 0.88 |
| Mar 31, 2023 | 0.94 |
| Dec 31, 2022 | 0.95 |
| Sep 30, 2022 | 0.92 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 0.68 |
| Sep 30, 2021 | 0.58 |