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| Date | Value |
|---|---|
| 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 |