Chevron (CVX) Dividend Coverage Ratio (2009 - 2026)
Chevron's (CVX) quarterly Dividend Coverage Ratio came in at 3.48 in Q2 2026, up 306.18% on a YoY basis from 0.86 in Q2 2025, and up 446.6% quarter-over-quarter from 0.64 in Q1 2026.
Analysis
Chevron (CVX) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Chevron (CVX) has reported Dividend Coverage Ratio for 18 consecutive years, with 3.48 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 306.18% year-over-year to 3.48; the trailing twelve-month figure through Jun 2026 stood at 1.51 (up 28.1% YoY), and the FY2025 full-year result was 0.98, down 34.9% from the prior year.
- Dividend Coverage Ratio rose to 3.48 in Q2 2026 per CVX's latest filing, from 0.64 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 4.23 in Q2 2022 and bottomed at 0.64 in Q1 2026.
- Historically, Dividend Coverage Ratio has averaged 1.92 across 5 years, with a median of 1.69 in 2024.
- The sharpest annual moves came in 2023 and 2026: Dividend Coverage Ratio sank 65.94% in 2023, then surged 306.18% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 2.34 in 2022, then tumbled by 65.94% to 0.8 in 2023, then jumped by 43.62% to 1.14 in 2024, then dropped by 26.93% to 0.84 in 2025, then surged by 316.58% to 3.48 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 3.48, 0.64, and 0.84 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 412.01 Bn | 409.15 Bn | 33.45 Bn | 3.48 |
| 2 | Shell | 263.44 Bn | 223.58 Bn | 30.13 Bn | 5.00 |
| 3 | TotalEnergies SE | 195.33 Bn | 166.15 Bn | 23.46 Bn | 2.60 |
| 4 | Eni Spa | 168.45 Bn | 158.60 Bn | - | -31.31 |
| 5 | Equinor Asa | 105.21 Bn | 95.95 Bn | - | -3.32 |
| 6 | Phillips 66 | 101.74 Bn | 98.84 Bn | 8.38 Bn | 7.64 |
| 7 | Suncor Energy | 80.36 Bn | 74.99 Bn | 17.50 Bn | -5.19 |
| 8 | Imperial Oil | 62.21 Bn | 60.16 Bn | - | 5.20 |
| 9 | Cenovus Energy | 60.98 Bn | 59.03 Bn | 7.32 Bn | -2.46 |
| 10 | Occidental Petroleum | 37.95 Bn | 34.43 Bn | 7.73 Bn | 6.53 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.48 |
| Mar 31, 2026 | 0.64 |
| Dec 31, 2025 | 0.84 |
| Sep 30, 2025 | 1.05 |
| Jun 30, 2025 | 0.86 |
| Mar 31, 2025 | 1.17 |
| Dec 31, 2024 | 1.14 |
| Sep 30, 2024 | 1.53 |
| Jun 30, 2024 | 1.49 |
| Mar 31, 2024 | 1.84 |
| Dec 31, 2023 | 0.80 |
| Sep 30, 2023 | 2.29 |
| Jun 30, 2023 | 2.13 |
| Mar 31, 2023 | 2.31 |
| Dec 31, 2022 | 2.34 |
| Sep 30, 2022 | 4.09 |
| Jun 30, 2022 | 4.23 |
| Mar 31, 2022 | 2.29 |
| Dec 31, 2021 | 1.96 |
| Sep 30, 2021 | 2.40 |