Chevron CVX
NYSE CVX
$209.61 -1.96 (-0.93%)
As of: Sep 18, 2026 · 3:59 PM EDT

Chevron (CVX) Deferred Taxes (2009 - 2026)

Chevron's (CVX) quarterly Deferred Taxes came in at $298.0 million in Q2 2026, up 927.59% on a YoY basis from $29.0 million in Q2 2025, and up 212.88% quarter-over-quarter from -$264.0 million in Q1 2026.

Analysis

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

Chevron (CVX) has reported Deferred Taxes for 18 consecutive years, with $298.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Deferred Taxes rose 927.59% year-over-year to $298.0 million; the trailing twelve-month figure through Jun 2026 stood at $511.0 million (down 15.82% YoY), and the FY2025 full-year result was $986.0 million, down 20.48% from the prior year.
  • Deferred Taxes climbed to $298.0 million in Q2 2026 per CVX's latest filing, from -$264.0 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $790.0 million in Q1 2023 and bottomed at -$1.0 billion in Q4 2023.
  • Historically, Deferred Taxes has averaged $260.1 million across 5 years, with a median of $386.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Deferred Taxes jumped 951.47% in 2022, then sank 353.14% in 2023.
  • Over 5 years, Deferred Taxes stood at $414.0 million in 2022, then tumbled by 353.14% to -$1.0 billion in 2023, then surged by 70.9% to -$305.0 million in 2024, then surged by 190.82% to $277.0 million in 2025, then gained by 7.58% to $298.0 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered $298.0 million, -$264.0 million, and $277.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Chevron 417.01 Bn 408.48 Bn 33.45 Bn 298.00 Mn
2 Shell 282.76 Bn 241.90 Bn 30.13 Bn -
3 TotalEnergies SE 232.43 Bn 200.71 Bn 23.46 Bn -
4 Eni Spa 167.27 Bn 151.69 Bn - -
5 Equinor Asa 114.69 Bn 105.36 Bn - -
6 Phillips 66 106.05 Bn 101.95 Bn 8.38 Bn 66.00 Mn
7 Suncor Energy 83.98 Bn 78.60 Bn 17.50 Bn -71.00 Mn
8 Imperial Oil 63.06 Bn 61.00 Bn - -
9 Occidental Petroleum 59.24 Bn 55.09 Bn 7.73 Bn 707.00 Mn
10 Cenovus Energy 58.88 Bn 56.91 Bn 7.32 Bn 207.24 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 298.00 Mn
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