Chevron (CVX) FCF Margin (2009 - 2026)
Chevron (CVX) reported FCF Margin of 3.19% for Q1 2026, down 592.0% on a YoY basis from 0.65% in Q1 2025, and down 127.04% quarter-over-quarter from 11.79% in Q4 2025.
Chevron (CVX) FCF Margin (2009 - 2026) Analysis & Trends
Chevron has reported FCF Margin for 18 years, with the latest figure at 3.19% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 592.0% year-over-year to 3.19%; the trailing twelve-month figure through Mar 2026 stood at 7.31% (up 53.0% YoY), and the FY2025 full-year result was 8.78%, up 136.0% from the prior year.
- FCF Margin for Q1 2026 stood at 3.19%, down from 11.79% in the prior quarter.
- The five-year high for FCF Margin was 19.32% in Q3 2022, with the low at 3.19% in Q1 2026.
- Historically, FCF Margin has averaged 9.73% across 5 years, with a median of 10.26% in 2025.
- Annual changes were most pronounced in 2023 — FCF Margin sank 1083 bps — and 2025, when it soared 630 bps.
- Chevron's FCF Margin stood at 15.89% in 2022, then grew by 8 bps to 17.11% in 2023, then plunged by 51 bps to 8.34% in 2024, then jumped by 41 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 35.50% |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 2.63% |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 6.21% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | -3.19% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | - |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 17.19% |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 5.47% |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 23.03% |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 2.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.19% |
| Dec 31, 2025 | 11.79% |
| Sep 30, 2025 | 10.26% |
| Jun 30, 2025 | 10.85% |
| Mar 31, 2025 | 2.74% |
| 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 | 9.63% |
| Jun 30, 2023 | 5.38% |
| Mar 31, 2023 | 8.20% |
| Dec 31, 2022 | 15.89% |
| Sep 30, 2022 | 19.32% |
| Jun 30, 2022 | 16.21% |
| Mar 31, 2022 | 11.65% |
| Dec 31, 2021 | 14.24% |
| Sep 30, 2021 | 15.68% |
| Jun 30, 2021 | 13.72% |