Chevron (CVX) Change in Working Capital (2009 - 2026)
Chevron (CVX) posted Change in Working Capital of $2.95 billion for Q2 2026, up 959.4% from $278 million a year earlier.
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Analysis
Chevron (CVX) Change in Working Capital (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Working Capital at Chevron was -$558 million; for FY2025, it came in at -$1.01 billion.
- In prior years, Chevron's Change in Working Capital was $1.21 billion in FY2024, -$3.19 billion in FY2023, $2.13 billion in FY2022 and -$1.36 billion in FY2021.
- The Q2 2026 figure stands as the highest quarterly Change in Working Capital since Q4 2024.
- On a year-over-year basis, Change in Working Capital increased in three of the last four quarters, with growth averaging 307.9%.
- According to Business Quant data, Change in Working Capital for the three prior quarters was -$4.63 billion (Q1 2026), $1.68 billion (Q4 2025) and -$555 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 682.73 Bn | 640.87 Bn | - | - |
| 2 | Chevron | 412.78 Bn | 379.83 Bn | 31.26 Bn | -538.00 Mn |
| 3 | Shell | 290.86 Bn | 151.13 Bn | - | -638.00 Mn |
| 4 | TotalEnergies SE | 192.45 Bn | 63.53 Bn | 31,614.00 | 921.00 Mn |
| 5 | Eni Spa | 168.57 Bn | 108.20 Bn | - | 204.78 Mn |
| 6 | Conocophillips | 163.59 Bn | 136.29 Bn | 12.81 Bn | - |
| 7 | Equinor Asa | 106.61 Bn | 19.46 Bn | 4.49 Bn | -595.00 Mn |
| 8 | Canadian Natural Resources | 100.53 Bn | 94.43 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 100.43 Bn | 84.22 Bn | 10.69 Bn | - |
| 10 | Suncor Energy | 82.15 Bn | 62.84 Bn | - | 172.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -538.00 Mn |
| Jun 30, 2026 | 2.95 Bn |
| Mar 31, 2026 | -4.63 Bn |
| Dec 31, 2025 | 1.68 Bn |
| Sep 30, 2025 | -555.00 Mn |
| Jun 30, 2025 | 278.00 Mn |
| Mar 31, 2025 | -2.41 Bn |
| Dec 31, 2024 | 3.38 Bn |
| Sep 30, 2024 | 1.40 Bn |
| Jun 30, 2024 | -2.43 Bn |
| Mar 31, 2024 | -1.14 Bn |
| Dec 31, 2023 | 996.00 Mn |
| Sep 30, 2023 | 767.00 Mn |
| Jun 30, 2023 | -3.13 Bn |
| Mar 31, 2023 | -1.82 Bn |
| Dec 31, 2022 | 953.00 Mn |
| Sep 30, 2022 | 1.58 Bn |
| Jun 30, 2022 | 532.00 Mn |
| Mar 31, 2022 | -937.00 Mn |
| Dec 31, 2021 | 98.00 Mn |
API Access
Chevron Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=CVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "CVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();