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.
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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 152,761.90% |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 2.63% |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | -3.19% |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | 7.11% |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 12.08% |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 35.09% |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 23.03% |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 2.26% |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 11.60% |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | 37.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.19% |
| Dec 31, 2025 | 11.79% |
| Sep 30, 2025 | 10.26% |
| Jun 30, 2025 | 10.96% |
| Mar 31, 2025 | 2.74% |
| Dec 31, 2024 | 9.01% |
| Sep 30, 2024 | 11.48% |
| Jun 30, 2024 | 4.70% |
| Mar 31, 2024 | 5.88% |
| Dec 31, 2023 | 16.50% |
| Sep 30, 2023 | 9.25% |
| Jun 30, 2023 | 5.38% |
| Mar 31, 2023 | 8.53% |
| Dec 31, 2022 | 18.86% |
| Sep 30, 2022 | 18.41% |
| Jun 30, 2022 | 16.21% |
| Mar 31, 2022 | 11.65% |
| Dec 31, 2021 | 16.60% |
| Sep 30, 2021 | 15.68% |
| Jun 30, 2021 | 13.72% |