Chevron (CVX) Deferred Taxes (2009 - 2026)

Chevron's (CVX) quarterly Deferred Taxes came in at -$264.0 million in Q1 2026, down 155.0% YoY from $480.0 million in Q1 2025, and down 195.31% on a QoQ basis from $277.0 million in Q4 2025.

Chevron (CVX) Deferred Taxes (2009 - 2026) Analysis & Trends

Chevron (CVX) has 18 years of Deferred Taxes data on file, last reported at -$264.0 million in Q1 2026.

  • Quarterly Deferred Taxes fell 155.0% year-over-year to -$264.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $242.0 million (down 76.55% YoY) and the FY2025 annual result came in at $986.0 million, down 20.48% from the prior year.
  • Deferred Taxes slipped to -$264.0 million in Q1 2026, from $277.0 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $790.0 million in Q1 2023 to a low of -$1.0 billion in Q4 2023.
  • A 5-year average of $257.9 million and a median of $403.0 million in 2024 frame the typical range for Deferred Taxes.
  • Annual changes were most pronounced in 2022 — Deferred Taxes soared 951.47% — and 2023, when it plunged 353.14%.
  • Tracing CVX's Deferred Taxes over 5 years: stood at $414.0 million in 2022, then sank by 353.14% to -$1.0 billion in 2023, then soared by 70.9% to -$305.0 million in 2024, then soared by 190.82% to $277.0 million in 2025, then sank by 195.31% to -$264.0 million in 2026.
  • The last three Deferred Taxes figures came in at -$264.0 million (Q1 2026), $277.0 million (Q4 2025), and $200.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn -264.00 Mn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn -37.19 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn -
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -264.00 Mn
Dec 31, 2025 277.00 Mn
Sep 30, 2025 200.00 Mn
Jun 30, 2025 29.00 Mn
Mar 31, 2025 480.00 Mn
Dec 31, 2024 -305.00 Mn
Sep 30, 2024 403.00 Mn
Jun 30, 2024 454.00 Mn
Mar 31, 2024 688.00 Mn
Dec 31, 2023 -1.05 Bn
Sep 30, 2023 -115.00 Mn
Jun 30, 2023 671.00 Mn
Mar 31, 2023 790.00 Mn
Dec 31, 2022 414.00 Mn
Sep 30, 2022 369.00 Mn
Jun 30, 2022 715.00 Mn
Mar 31, 2022 626.00 Mn
Dec 31, 2021 228.00 Mn
Sep 30, 2021 658.00 Mn
Jun 30, 2021 68.00 Mn