Chevron (CVX) FCF Margin (2009 - 2026)
Chevron's (CVX) quarterly FCF Margin came in at 3.19% in Q1 2026, down 592.0% YoY from 0.65% in Q1 2025, and down 127.04% on a QoQ basis from 11.79% in Q4 2025.
Analysis
Chevron (CVX) FCF Margin (2009 - 2026) Analysis & Trends
Chevron (CVX) has 18 years of FCF Margin data on file, last reported at 3.19% in Q1 2026.
- Quarterly FCF Margin fell 592.0% year-over-year to 3.19% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.33% (up 30.0% YoY) and the FY2025 annual result came in at 8.78%, up 100.0% from the prior year.
- FCF Margin eased to 3.19% in Q1 2026, from 11.79% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 18.86% in Q4 2022 to a low of 3.19% in Q1 2026.
- A 5-year average of 9.91% and a median of 10.26% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin sank 1083 bps — and 2025, when it jumped 626 bps.
- Tracing CVX's FCF Margin over 5 years: stood at 18.86% in 2022, then decreased by 13 bps to 16.5% in 2023, then plunged by 45 bps to 9.01% in 2024, then soared by 31 bps to 11.79% in 2025, then slumped by 127 bps to 3.19% in 2026.
- The last three FCF Margin figures came in at 3.19% (Q1 2026), 11.79% (Q4 2025), and 10.26% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 12.08% |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 25.83% |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 6.85% |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 18.84% |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 18.76% |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -68.88% |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 13.54% |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 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 | 53.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.83% |
| Mar 31, 2026 | -3.19% |
| Dec 31, 2025 | 11.79% |
| Sep 30, 2025 | 9.94% |
| Jun 30, 2025 | 10.85% |
| Mar 31, 2025 | 2.65% |
| Dec 31, 2024 | 8.34% |
| Sep 30, 2024 | 11.09% |
| Jun 30, 2024 | 4.55% |
| Mar 31, 2024 | 5.62% |
| Dec 31, 2023 | 17.11% |
| Sep 30, 2023 | 9.25% |
| Jun 30, 2023 | 5.19% |
| Mar 31, 2023 | 8.20% |
| Dec 31, 2022 | 15.34% |
| Sep 30, 2022 | 18.41% |
| Jun 30, 2022 | 15.41% |
| Mar 31, 2022 | 11.21% |
| Dec 31, 2021 | 14.24% |
| Sep 30, 2021 | 14.92% |