Chevron (CVX) Debt to Equity (2009 - 2026)

Chevron (CVX) reported Debt to Equity of $0.03 for Q1 2026, up 13.32% on a YoY basis from $0.03 in Q1 2025, and down 85.49% quarter-over-quarter from $0.21 in Q4 2025.

Chevron (CVX) Debt to Equity (2009 - 2026) Analysis & Trends

Chevron has reported Debt to Equity for 18 years, with the latest figure at $0.03 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 13.32% year-over-year to $0.03; the trailing twelve-month figure through Mar 2026 stood at $0.03 (up 13.32% YoY), and the FY2025 full-year result was $0.21, up 32.36% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.03, down from $0.21 in the prior quarter.
  • The five-year high for Debt to Equity was $0.21 in Q4 2025, with the low at $0.0 in Q1 2024.
  • Historically, Debt to Equity has averaged $0.05 across 5 years, with a median of $0.02 in 2022.
  • Annual changes were most pronounced in 2022 — Debt to Equity slumped 94.14% — and 2025, when it jumped 1456.88%.
  • Chevron's Debt to Equity stood at $0.15 in 2022, then decreased by 11.65% to $0.13 in 2023, then grew by 24.53% to $0.16 in 2024, then soared by 32.36% to $0.21 in 2025, then tumbled by 85.49% to $0.03 in 2026.
  • The last three Debt to Equity figures came in at $0.03 (Q1 2026), $0.21 (Q4 2025), and $0.02 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 0.19
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -
4 Shell 546.31 Bn 505.07 Bn - 0.43
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 0.03
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 0.33
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -
10 Imperial Oil 42.92 Bn 42.17 Bn - 0.18

Historic Data

Download Data
DateValue
Mar 31, 2026 0.03
Dec 31, 2025 0.21
Sep 30, 2025 0.02
Jun 30, 2025 0.04
Mar 31, 2025 0.03
Dec 31, 2024 0.16
Sep 30, 2024 0.03
Jun 30, 2024 0.01
Mar 31, 2024 0.00
Dec 31, 2023 0.13
Sep 30, 2023 0.00
Jun 30, 2023 0.01
Mar 31, 2023 0.02
Dec 31, 2022 0.15
Sep 30, 2022 0.01
Jun 30, 2022 0.02
Mar 31, 2022 0.00
Dec 31, 2021 0.22
Sep 30, 2021 0.00
Jun 30, 2021 0.03