Chevron (CVX) Dividend Coverage Ratio (2009 - 2025)
Chevron's (CVX) Dividend Coverage Ratio came in at 3.45 for Q2 2026, up 306.0% from 0.85 a year earlier and up 449.7% from the prior quarter.
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Analysis
Chevron (CVX) Dividend Coverage Ratio (2009 - 2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Chevron was 1.49, up 27.1% year-over-year; for FY2025, it was 0.96, down 35.5% from FY2024.
- Annual Dividend Coverage Ratio has declined for three consecutive years.
- In prior years, Chevron's Dividend Coverage Ratio was 1.50 in FY2024 (-20.6%), 1.89 in FY2023 (-41.7%), 3.23 in FY2022 (+110.6%) and 1.54 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Dividend Coverage Ratio since Q3 2022.
- On a year-over-year basis, Dividend Coverage Ratio increased in two of the last eight quarters, with growth averaging 15.8%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q1 2022, with growth of 308.5%; the weakest was Q4 2023, with a decline of 65.7%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 0.63 (Q1 2026), 0.81 (Q4 2025) and 1.03 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Yr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 703.82 Bn | 661.96 Bn | - | 1.67 |
| 2 | Chevron | 428.90 Bn | 401.02 Bn | 33.45 Bn | 0.96 |
| 3 | Shell | 299.49 Bn | 159.76 Bn | - | 2.07 |
| 4 | TotalEnergies SE | 197.55 Bn | 68.63 Bn | 31,614.00 | 1.55 |
| 5 | Eni Spa | 171.17 Bn | 110.80 Bn | - | 0.85 |
| 6 | Conocophillips | 166.55 Bn | 139.25 Bn | 12.81 Bn | 2.00 |
| 7 | Equinor Asa | 111.97 Bn | 24.82 Bn | 4.49 Bn | 1.05 |
| 8 | Canadian Natural Resources | 103.54 Bn | 100.55 Bn | 8.84 Bn | 2.22 |
| 9 | Phillips 66 | 100.98 Bn | 84.77 Bn | 10.69 Bn | 2.29 |
| 10 | Suncor Energy | 86.65 Bn | 67.34 Bn | - | 2.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.96 |
| Dec 31, 2024 | 1.50 |
| Dec 31, 2023 | 1.89 |
| Dec 31, 2022 | 3.23 |
| Dec 31, 2021 | 1.54 |
| Dec 31, 2020 | -0.57 |
| Dec 31, 2019 | 0.33 |
| Dec 31, 2018 | 1.74 |
| Dec 31, 2017 | 1.13 |
| Dec 31, 2016 | -0.06 |
| Dec 31, 2015 | 0.57 |
| Dec 31, 2014 | 2.43 |
| Dec 31, 2013 | 2.87 |
| Dec 31, 2012 | 3.83 |
| Dec 31, 2011 | 4.38 |
| Dec 31, 2010 | 3.36 |
| Dec 31, 2009 | 1.98 |
API Access
Chevron Dividend Coverage Ratio 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=dividend-coverage-ratio-annual&ticker=CVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio-annual", "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=dividend-coverage-ratio-annual&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();