Chevron (CVX) EBT Margin (2009 - 2026)
Chevron's (CVX) quarterly EBT Margin came in at 8.12% in Q1 2026, down 399.0% YoY from 2.72% in Q1 2025, and down 18.04% on a QoQ basis from 9.91% in Q4 2025.
Analysis
Chevron (CVX) EBT Margin (2009 - 2026) Analysis & Trends
Chevron (CVX) has 18 years of EBT Margin data on file, last reported at 8.12% in Q1 2026.
- Quarterly EBT Margin fell 399.0% year-over-year to 8.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.62% (down 344.0% YoY) and the FY2025 annual result came in at 10.44%, down 378.0% from the prior year.
- EBT Margin declined to 8.12% in Q1 2026, from 9.91% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 24.48% in Q2 2022 to a low of 7.13% in Q4 2023.
- A 5-year average of 14.84% and a median of 14.12% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin jumped 1272 bps — and 2023, when it plunged 1414 bps.
- Tracing CVX's EBT Margin over 5 years: stood at 21.28% in 2022, then sank by 66 bps to 7.13% in 2023, then soared by 77 bps to 12.63% in 2024, then dropped by 22 bps to 9.91% in 2025, then retreated by 18 bps to 8.12% in 2026.
- The last three EBT Margin figures came in at 8.12% (Q1 2026), 9.91% (Q4 2025), and 11.21% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 16.64% |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 23.84% |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -36.27% |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 17.58% |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 37.04% |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -48.96% |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 17.81% |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 22.62% |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 27.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.84% |
| Mar 31, 2026 | 8.12% |
| Dec 31, 2025 | 9.81% |
| Sep 30, 2025 | 10.89% |
| Jun 30, 2025 | 9.25% |
| Mar 31, 2025 | 11.76% |
| Dec 31, 2024 | 11.60% |
| Sep 30, 2024 | 12.83% |
| Jun 30, 2024 | 13.75% |
| Mar 31, 2024 | 16.26% |
| Dec 31, 2023 | 7.38% |
| Sep 30, 2023 | 16.16% |
| Jun 30, 2023 | 16.03% |
| Mar 31, 2023 | 18.74% |
| Dec 31, 2022 | 17.31% |
| Sep 30, 2022 | 22.22% |
| Jun 30, 2022 | 23.27% |
| Mar 31, 2022 | 16.74% |
| Dec 31, 2021 | 14.42% |
| Sep 30, 2021 | 18.12% |