Chevron (CVX) EV to FCF (2009 - 2026)
Chevron's (CVX) quarterly EV to FCF came in at 17.94 in Q2 2026, down 64.27% on a YoY basis from 50.21 in Q2 2025, and up 106.74% quarter-over-quarter from 266.23 in Q1 2026.
Analysis
Chevron (CVX) EV to FCF (2009 - 2026) Analysis & Trends
Chevron (CVX) has reported EV to FCF for 18 consecutive years, with 17.94 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 64.27% year-over-year to 17.94; the trailing twelve-month figure through Jun 2026 stood at 12.02 (down 20.75% YoY), and the FY2025 full-year result was 18.29, up 10.51% from the prior year.
- EV to FCF rose to 17.94 in Q2 2026 per CVX's latest filing, from 266.23 in the prior quarter.
- Across five years, EV to FCF topped out at 228.48 in Q1 2025 and bottomed at 266.23 in Q1 2026.
- Historically, EV to FCF has averaged 49.57 across 5 years, with a median of 52.83 in 2022.
- The sharpest annual moves came in 2023 and 2026: EV to FCF soared 337.4% in 2023, then sank 216.52% in 2026.
- Over 5 years, EV to FCF stood at 37.55 in 2022, then declined by 11.0% to 33.42 in 2023, then surged by 71.06% to 57.16 in 2024, then dropped by 3.89% to 54.94 in 2025, then plunged by 67.34% to 17.94 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 17.94, 266.23, and 54.94 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chevron | 412.01 Bn | 409.15 Bn | 33.45 Bn |
| 2 | Shell | 263.44 Bn | 223.58 Bn | 30.13 Bn |
| 3 | TotalEnergies SE | 195.33 Bn | 166.15 Bn | 23.46 Bn |
| 4 | Eni Spa | 168.45 Bn | 158.60 Bn | - |
| 5 | Equinor Asa | 105.21 Bn | 95.95 Bn | - |
| 6 | Phillips 66 | 101.74 Bn | 98.84 Bn | 8.38 Bn |
| 7 | Suncor Energy | 80.36 Bn | 74.99 Bn | 17.50 Bn |
| 8 | Imperial Oil | 62.21 Bn | 60.16 Bn | - |
| 9 | Cenovus Energy | 60.98 Bn | 59.03 Bn | 7.32 Bn |
| 10 | Occidental Petroleum | 37.95 Bn | 34.43 Bn | 7.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.94 |
| Mar 31, 2026 | -266.23 |
| Dec 31, 2025 | 54.94 |
| Sep 30, 2025 | 62.88 |
| Jun 30, 2025 | 50.21 |
| Mar 31, 2025 | 228.48 |
| Dec 31, 2024 | 57.16 |
| Sep 30, 2024 | 46.41 |
| Jun 30, 2024 | 121.55 |
| Mar 31, 2024 | 104.45 |
| Dec 31, 2023 | 33.42 |
| Sep 30, 2023 | 62.67 |
| Jun 30, 2023 | 112.27 |
| Mar 31, 2023 | 70.61 |
| Dec 31, 2022 | 37.55 |
| Sep 30, 2022 | 21.46 |
| Jun 30, 2022 | 25.67 |
| Mar 31, 2022 | 50.71 |
| Dec 31, 2021 | 32.35 |
| Sep 30, 2021 | 28.54 |