Chevron (CVX) FCF Payout Ratio (2010 - 2025)
Chevron's FCF Payout Ratio was 0.19 in Q2 2026, down 67.9% from 0.60 a year earlier.
Chevron (CVX) FCF Payout Ratio (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, Chevron's FCF Payout Ratio was 0.51 through Jun 30, 2026, down 29.6% year-over-year; for FY2025, it was 0.77, down 2.0% from FY2024.
- In earlier years, FCF Payout Ratio was 0.78 in FY2024 (+36.9%), 0.57 in FY2023 (+96.6%), 0.29 in FY2022 (-39.5%) and 0.48 in FY2021 (-91.7%).
- The Q2 2026 figure marks the lowest quarterly FCF Payout Ratio in data going back to Q3 2009.
- Compared with a year earlier, FCF Payout Ratio was higher in three of the last seven quarters, with growth averaging 14.7%.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q2 2023 (growth of 325.1%); the worst was Q4 2021 (a decline of 97.4%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Yr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 702.52 Bn | 660.66 Bn | - | 0.73 |
| 2 | Chevron | 427.59 Bn | 399.71 Bn | 33.45 Bn | 0.77 |
| 3 | Shell | 299.61 Bn | 159.87 Bn | - | 0.20 |
| 4 | TotalEnergies SE | 197.84 Bn | 68.92 Bn | 31,614.00 | 0.82 |
| 5 | Conocophillips | 165.71 Bn | 138.42 Bn | 12.81 Bn | 0.55 |
| 6 | Equinor Asa | 111.12 Bn | 23.97 Bn | 4.49 Bn | 0.80 |
| 7 | Canadian Natural Resources | 104.02 Bn | 101.03 Bn | 8.84 Bn | 0.22 |
| 8 | Phillips 66 | 102.56 Bn | 86.35 Bn | 10.69 Bn | 0.70 |
| 9 | Suncor Energy | 88.02 Bn | 73.77 Bn | - | 0.15 |
| 10 | Eni Spa | 85.40 Bn | 25.04 Bn | - | 0.67 |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.77 |
| Dec 31, 2024 | 0.78 |
| Dec 31, 2023 | 0.57 |
| Dec 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.48 |
| Dec 31, 2020 | 5.83 |
| Dec 31, 2019 | 0.68 |
| Dec 31, 2018 | 0.51 |
| Dec 31, 2017 | 1.17 |
| Dec 31, 2012 | 0.87 |
| Dec 31, 2011 | 0.42 |
| Dec 31, 2010 | 0.48 |
Chevron FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio-annual&ticker=CVX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio-annual", "ticker": "CVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio-annual&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();