Chevron (CVX) Asset Utilization Ratio (2009 - 2026)
Chevron's (CVX) quarterly Asset Utilization Ratio came in at 0.65 in Q2 2026, down 15.27% on a YoY basis from 0.77 in Q2 2025, and up 12.23% quarter-over-quarter from 0.58 in Q1 2026.
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Chevron (CVX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Chevron (CVX) has reported Asset Utilization Ratio for 18 consecutive years, with 0.65 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 15.27% year-over-year to 0.65; the trailing twelve-month figure through Jun 2026 stood at 0.65 (down 15.27% YoY), and the FY2025 full-year result was 0.65, down 16.79% from the prior year.
- Asset Utilization Ratio climbed to 0.65 in Q2 2026 per CVX's latest filing, from 0.58 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.95 in Q4 2022 and bottomed at 0.58 in Q4 2025.
- Historically, Asset Utilization Ratio has averaged 0.78 across 5 years, with a median of 0.77 in 2024.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio surged 86.83% in 2022, then dropped 26.04% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.95 in 2022, then declined by 19.66% to 0.76 in 2023, then advanced by 2.75% to 0.79 in 2024, then decreased by 26.04% to 0.58 in 2025, then advanced by 12.29% to 0.65 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.65, 0.58, and 0.58 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 0.65 |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 0.79 |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 0.53 |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 0.57 |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 83.27 |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 1.89 |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 0.65 |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 1.11 |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 0.27 |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 1.46 |
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 |