Chevron (CVX) Deferred Taxes (2009 - 2026)
Chevron's Deferred Taxes was $298 million in Q2 2026, up 927.6% from $29 million a year earlier.
Powered by 
Analysis
Chevron (CVX) Deferred Taxes (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Chevron's Deferred Taxes was $511 million through Jun 30, 2026, down 15.8% year-over-year; for FY2025, it was $986 million, down 20.5% from FY2024.
- In earlier years, Deferred Taxes was $1.24 billion in FY2024 (+316.1%), $298 million in FY2023 (-86.0%), $2.12 billion in FY2022 (+203.4%) and $700 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Deferred Taxes since Q1 2025.
- Compared with a year earlier, Deferred Taxes was higher in 1 of the last four quarters, with growth averaging 188.3%.
- The best year-over-year quarter for Deferred Taxes over five years was Q2 2022 (growth of 951.5%); the worst was Q2 2025 (a decline of 93.6%).
- Per Business Quant data, CVX's Deferred Taxes in the three quarters before Q2 2026 was -$264 million (Q1 2026), $277 million (Q4 2025) and $200 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | - |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | - |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 298.00 Mn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | - |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 47.00 Mn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 66.00 Mn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 225.55 Mn |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | -71.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Chevron Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "CVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();