Chevron (CVX) FCF Payout Ratio (2009 - 2026)
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 (2009 - 2026) 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 (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 0.25 |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | - |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 0.19 |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 0.14 |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 0.23 |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 0.08 |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 0.10 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| 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 |
| Jun 30, 2021 | 0.50 |
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&ticker=CVX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();