Chevron (CVX) EV to EBITDA (2009 - 2026)
Chevron's EV to EBITDA was 5.84 in Q2 2026, down 2.5% from 5.99 a year earlier and down 41.6% from the prior quarter.
Chevron (CVX) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Chevron's EV to EBITDA was 5.49 through Jun 30, 2026, down 1.9% year-over-year; for FY2025, it came in at 7.39, up 34.6% from FY2024.
- In earlier years, EV to EBITDA was 5.49 in FY2024 (-3.6%), 5.69 in FY2023 (+16.4%), 4.89 in FY2022 (-11.1%) and 5.50 in FY2021 (-55.6%).
- The Q2 2026 figure marks the lowest quarterly EV to EBITDA since Q4 2024.
- Compared with a year earlier, EV to EBITDA was higher in four of the last eight quarters, with growth averaging 13.6%.
- The best year-over-year quarter for EV to EBITDA over five years was Q1 2026 (growth of 49.6%); the worst was Q2 2022 (a decline of 80.0%).
- Per Business Quant data, CVX's EV to EBITDA in the three quarters before Q2 2026 was 9.99 (Q1 2026), 7.39 (Q4 2025) and 7.49 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 682.73 Bn | 640.87 Bn | - |
| 2 | Chevron | 412.78 Bn | 379.83 Bn | 31.26 Bn |
| 3 | Shell | 290.86 Bn | 151.13 Bn | - |
| 4 | TotalEnergies SE | 192.45 Bn | 63.53 Bn | 31,614.00 |
| 5 | Eni Spa | 168.57 Bn | 108.20 Bn | - |
| 6 | Conocophillips | 163.59 Bn | 136.29 Bn | 12.81 Bn |
| 7 | Equinor Asa | 106.61 Bn | 19.46 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 100.53 Bn | 94.43 Bn | 9.35 Bn |
| 9 | Phillips 66 | 100.43 Bn | 84.22 Bn | 10.69 Bn |
| 10 | Suncor Energy | 82.15 Bn | 62.84 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.14 |
| Jun 30, 2026 | 5.84 |
| Mar 31, 2026 | 9.99 |
| Dec 31, 2025 | 7.39 |
| Sep 30, 2025 | 7.49 |
| Jun 30, 2025 | 5.99 |
| Mar 31, 2025 | 6.68 |
| Dec 31, 2024 | 5.49 |
| Sep 30, 2024 | 5.92 |
| Jun 30, 2024 | 6.15 |
| Mar 31, 2024 | 6.17 |
| Dec 31, 2023 | 5.69 |
| Sep 30, 2023 | 6.00 |
| Jun 30, 2023 | 4.88 |
| Mar 31, 2023 | 4.40 |
| Dec 31, 2022 | 4.89 |
| Sep 30, 2022 | 4.13 |
| Jun 30, 2022 | 4.76 |
| Mar 31, 2022 | 6.65 |
| Dec 31, 2021 | 5.50 |
Chevron EV to EBITDA 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=ev-to-ebitda&ticker=CVX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();