Chevron (CVX) FCF Margin (2009 - 2026)
Chevron's (CVX) quarterly FCF Margin came in at 25.83% in Q2 2026, up 1498.0% on a YoY basis from 1.62% in Q2 2025, and up 910.53% quarter-over-quarter from 3.19% in Q1 2026.
Analysis
Chevron (CVX) FCF Margin (2009 - 2026) Analysis & Trends
Chevron (CVX) has reported FCF Margin for 18 consecutive years, with 25.83% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 1498.0% year-over-year to 25.83%; the trailing twelve-month figure through Jun 2026 stood at 12.55% (up 430.0% YoY), and the FY2025 full-year result was 8.78%, up 136.0% from the prior year.
- FCF Margin improved to 25.83% in Q2 2026 per CVX's latest filing, from 3.19% in the prior quarter.
- Across five years, FCF Margin topped out at 25.83% in Q2 2026 and bottomed at 3.19% in Q1 2026.
- Historically, FCF Margin has averaged 10.42% across 5 years, with a median of 10.39% in 2025.
- The sharpest annual moves came in 2023 and 2026: FCF Margin slumped 1022 bps in 2023, then surged 1498 bps in 2026.
- Over 5 years, FCF Margin stood at 15.34% in 2022, then advanced by 12 bps to 17.11% in 2023, then slumped by 51 bps to 8.34% in 2024, then soared by 41 bps to 11.79% in 2025, then jumped by 119 bps to 25.83% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 25.83%, 3.19%, and 11.79% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 25.83% |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 27.12% |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 24.43% |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 27.84% |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 18.76% |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 12.55% |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 22.65% |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 13.54% |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 43.36% |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 22.13% |
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% |