Chevron (CVX) FCF Payout Ratio (2009 - 2026)

Chevron (CVX) reported FCF Payout Ratio of 2.28 for Q1 2026, down 196.27% on a YoY basis from 2.36 in Q1 2025, and down 11964.71% quarter-over-quarter from 0.02 in Q4 2025.

Chevron (CVX) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Chevron has reported FCF Payout Ratio for 18 years, with the latest figure at 2.28 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 196.27% year-over-year to 2.28; the trailing twelve-month figure through Mar 2026 stood at 0.06 (down 72.97% YoY), and the FY2025 full-year result was 0.02, up 44.21% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 2.28, down from 0.02 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 2.57 in Q2 2024, with the low at 2.28 in Q1 2026.
  • Historically, FCF Payout Ratio has averaged 0.25 across 5 years, with a median of 0.03 in 2025.
  • Annual changes were most pronounced in 2024 — FCF Payout Ratio plunged 674.14% — and 2025, when it soared 215778.92%.
  • Chevron's FCF Payout Ratio stood at 1.25 in 2022, then plunged by 72.25% to 0.35 in 2023, then sank by 674.14% to 2.0 in 2024, then soared by 100.96% to 0.02 in 2025, then slumped by 11964.71% to 2.28 in 2026.
  • The last three FCF Payout Ratio figures came in at 2.28 (Q1 2026), 0.02 (Q4 2025), and 0.04 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 0.08
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn -2.28
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn -
7 Eni Spa 252.26 Bn 242.70 Bn - -0.23
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -0.20
10 Imperial Oil 42.92 Bn 42.17 Bn - 1.25

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.28
Dec 31, 2025 0.02
Sep 30, 2025 0.04
Jun 30, 2025 -0.61
Mar 31, 2025 2.36
Dec 31, 2024 -2.00
Sep 30, 2024 0.52
Jun 30, 2024 2.57
Mar 31, 2024 0.00
Dec 31, 2023 0.35
Sep 30, 2023 1.70
Mar 31, 2023 0.00
Dec 31, 2022 1.25
Sep 30, 2022 -0.44
Jun 30, 2022 0.52
Mar 31, 2022 0.00
Dec 31, 2021 1.48
Sep 30, 2021 -0.75
Jun 30, 2021 0.98
Mar 31, 2021 0.00