Chevron (CVX) EBT Margin (2009 - 2026)
Chevron (CVX) reported EBT Margin of 23.84% for Q2 2026, up 14.59 percentage points from 9.25% a year earlier and up 15.72 percentage points from the prior quarter.
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Analysis
Chevron (CVX) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Chevron's EBT Margin came in at 14.24%, up 2.82 percentage points year-over-year; for FY2025, it came in at 10.44%, down 3.12 percentage points from FY2024.
- EBT Margin has declined for three consecutive years, though with a five-year change of +18.32 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 13.56% in FY2024 (-1.16 pp), 14.72% in FY2023 (-5.45 pp), 20.17% in FY2022 (+6.85 pp) and 13.32% in FY2021 (+21.19 pp).
- The Q2 2026 figure ranks as the highest quarterly EBT Margin in data going back to Q1 2009.
- Year over year, EBT Margin gained in two of the last eight quarters, with an average year-over-year change of -0.11 percentage points.
- The high point for year-over-year EBT Margin in five years was Q3 2021 (a gain of 18.30 percentage points); the low point was Q4 2023 (a drop of 9.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.12% (Q1 2026), 9.81% (Q4 2025) and 10.89% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.12 Bn | 734.60 Bn | - | 16.74% |
| 2 | Chevron | 462.86 Bn | 434.98 Bn | 33.45 Bn | 23.84% |
| 3 | Shell | 319.90 Bn | 180.17 Bn | - | - |
| 4 | TotalEnergies SE | 208.51 Bn | 79.59 Bn | 31,614.00 | -7,653,463.58% |
| 5 | Conocophillips | 185.66 Bn | 158.37 Bn | 12.81 Bn | 31.15% |
| 6 | Equinor Asa | 126.29 Bn | 39.14 Bn | - | 34.19% |
| 7 | Canadian Natural Resources | 116.84 Bn | 113.85 Bn | 8.84 Bn | 39.94% |
| 8 | Phillips 66 | 111.41 Bn | 95.19 Bn | 10.69 Bn | 13.80% |
| 9 | Suncor Energy | 96.06 Bn | 81.80 Bn | - | 26.19% |
| 10 | Eni Spa | 91.60 Bn | 31.24 Bn | - | 9.56% |
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% |
API Access
Chevron EBT Margin 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=ebt-margin&ticker=CVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();