Chevron (CVX) Current Taxes (2009 - 2026)
Chevron's (CVX) quarterly Current Taxes came in at $2.2 billion in Q2 2026, up 234.45% on a YoY basis from $659.0 million in Q2 2025, and up 67.99% quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
Chevron (CVX) Current Taxes (2009 - 2026) Analysis & Trends
Chevron (CVX) has reported Current Taxes for 18 consecutive years, with $2.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Taxes rose 234.45% year-over-year to $2.2 billion; the trailing twelve-month figure through Jun 2026 stood at $2.2 billion (up 234.45% YoY), and the FY2025 full-year result was $844.0 million, down 54.91% from the prior year.
- Current Taxes grew to $2.2 billion in Q2 2026 per CVX's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Current Taxes topped out at $4.9 billion in Q1 2023 and bottomed at $659.0 million in Q2 2025.
- Historically, Current Taxes has averaged $2.0 billion across 5 years, with a median of $1.9 billion in 2023.
- The sharpest annual moves came in 2024 and 2026: Current Taxes plunged 63.57% in 2024, then surged 234.45% in 2026.
- Over 5 years, Current Taxes stood at $4.4 billion in 2022, then tumbled by 57.48% to $1.9 billion in 2023, then grew by 0.48% to $1.9 billion in 2024, then slumped by 54.91% to $844.0 million in 2025, then surged by 161.14% to $2.2 billion in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $2.2 billion, $1.3 billion, and $844.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 2.20 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 4.35 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | - |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 488.19 Mn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 14.33 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 2.01 Bn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 87.00 Mn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 361.46 Mn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | - |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 70.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20 Bn |
| Mar 31, 2026 | 1.31 Bn |
| Dec 31, 2025 | 844.00 Mn |
| Sep 30, 2025 | 914.00 Mn |
| Jun 30, 2025 | 659.00 Mn |
| Mar 31, 2025 | 842.00 Mn |
| Dec 31, 2024 | 1.87 Bn |
| Sep 30, 2024 | 702.00 Mn |
| Jun 30, 2024 | 893.00 Mn |
| Mar 31, 2024 | 2.00 Bn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 1.93 Bn |
| Jun 30, 2023 | 1.55 Bn |
| Mar 31, 2023 | 4.88 Bn |
| Dec 31, 2022 | 4.38 Bn |
| Sep 30, 2022 | 4.02 Bn |
| Jun 30, 2022 | 2.92 Bn |
| Mar 31, 2022 | 2.57 Bn |
| Dec 31, 2021 | 1.70 Bn |
| Sep 30, 2021 | 1.47 Bn |