Chevron CVX
NYSE CVX
$209.61 -1.96 (-0.93%)
As of: Sep 18, 2026 · 3:59 PM EDT

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

Chevron's (CVX) quarterly FCF Payout Ratio came in at 0.19 in Q2 2026, down 67.9% on a YoY basis from 0.6 in Q2 2025, and up 108.51% quarter-over-quarter from 2.28 in Q1 2026.

Analysis

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

Chevron (CVX) has reported FCF Payout Ratio for 18 consecutive years, with 0.19 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, FCF Payout Ratio fell 67.9% year-over-year to 0.19; the trailing twelve-month figure through Jun 2026 stood at 0.51 (down 29.6% YoY), and the FY2025 full-year result was 0.77, down 2.03% from the prior year.
  • FCF Payout Ratio climbed to 0.19 in Q2 2026 per CVX's latest filing, from 2.28 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 2.36 in Q1 2025 and bottomed at 2.28 in Q1 2026.
  • Historically, FCF Payout Ratio has averaged 0.54 across 5 years, with a median of 0.59 in 2023.
  • The sharpest annual moves came in 2023 and 2026: FCF Payout Ratio surged 325.09% in 2023, then tumbled 196.27% in 2026.
  • Over 5 years, FCF Payout Ratio stood at 0.31 in 2022, then advanced by 11.11% to 0.35 in 2023, then soared by 90.43% to 0.66 in 2024, then slipped by 7.02% to 0.62 in 2025, then sank by 68.57% to 0.19 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.19, 2.28, and 0.62 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Chevron 417.01 Bn 408.48 Bn 33.45 Bn 0.19
2 Shell 282.76 Bn 241.90 Bn 30.13 Bn 0.08
3 TotalEnergies SE 232.43 Bn 200.71 Bn 23.46 Bn 0.14
4 Eni Spa 167.27 Bn 151.69 Bn - -
5 Equinor Asa 114.69 Bn 105.36 Bn - 0.15
6 Phillips 66 106.05 Bn 101.95 Bn 8.38 Bn 0.08
7 Suncor Energy 83.98 Bn 78.60 Bn 17.50 Bn 0.16
8 Imperial Oil 63.06 Bn 61.00 Bn - 0.19
9 Occidental Petroleum 59.24 Bn 55.09 Bn 7.73 Bn 0.12
10 Cenovus Energy 58.88 Bn 56.91 Bn 7.32 Bn 0.16
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.19
Mar 31, 2026 -2.28
Dec 31, 2025 0.62
Sep 30, 2025 0.69
Jun 30, 2025 0.60
Mar 31, 2025 2.36
Dec 31, 2024 0.66
Sep 30, 2024 0.52
Jun 30, 2024 1.28
Mar 31, 2024 1.10
Dec 31, 2023 0.35
Sep 30, 2023 0.57
Jun 30, 2023 1.11
Mar 31, 2023 0.69
Dec 31, 2022 0.31
Sep 30, 2022 0.22
Jun 30, 2022 0.26
Mar 31, 2022 0.45
Dec 31, 2021 0.37
Sep 30, 2021 0.39