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

Chevron (CVX) Free Cash Flow (2009 - 2026)

Chevron's (CVX) quarterly Free Cash Flow came in at $18.1 billion in Q2 2026, up 272.02% on a YoY basis from $4.9 billion in Q2 2025, and up 1268.17% quarter-over-quarter from -$1.5 billion in Q1 2026.

Analysis

Chevron (CVX) Free Cash Flow (2009 - 2026) Analysis & Trends

Chevron (CVX) has reported Free Cash Flow for 18 consecutive years, with $18.1 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow rose 272.02% year-over-year to $18.1 billion; the trailing twelve-month figure through Jun 2026 stood at $27.0 billion (up 67.76% YoY), and the FY2025 full-year result was $16.6 billion, up 10.29% from the prior year.
  • Free Cash Flow rose to $18.1 billion in Q2 2026 per CVX's latest filing, from -$1.5 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $18.1 billion in Q2 2026 and bottomed at -$1.5 billion in Q1 2026.
  • Historically, Free Cash Flow has averaged $5.9 billion across 5 years, with a median of $5.0 billion in 2023.
  • The widest YoY moves for Free Cash Flow: up 272.02% in 2026, down 222.74% in 2026.
  • Over 5 years, Free Cash Flow stood at $8.7 billion in 2022, then declined by 6.81% to $8.1 billion in 2023, then tumbled by 46.03% to $4.4 billion in 2024, then climbed by 26.81% to $5.5 billion in 2025, then surged by 227.51% to $18.1 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $18.1 billion, -$1.5 billion, and $5.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Chevron 417.01 Bn 408.48 Bn 33.45 Bn 18.10 Bn
2 Shell 282.76 Bn 241.90 Bn 30.13 Bn 25.67 Bn
3 TotalEnergies SE 232.43 Bn 200.71 Bn 23.46 Bn 15.09 Bn
4 Eni Spa 167.27 Bn 151.69 Bn - 7.34 Bn
5 Equinor Asa 114.69 Bn 105.36 Bn - 6.60 Bn
6 Phillips 66 106.05 Bn 101.95 Bn 8.38 Bn 6.53 Bn
7 Suncor Energy 83.98 Bn 78.60 Bn 17.50 Bn 4.31 Bn
8 Imperial Oil 63.06 Bn 61.00 Bn - 1.57 Bn
9 Occidental Petroleum 59.24 Bn 55.09 Bn 7.73 Bn 3.50 Bn
10 Cenovus Energy 58.88 Bn 56.91 Bn 7.32 Bn 1.73 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.10 Bn
Mar 31, 2026 -1.55 Bn
Dec 31, 2025 5.53 Bn
Sep 30, 2025 4.94 Bn
Jun 30, 2025 4.86 Bn
Mar 31, 2025 1.26 Bn
Dec 31, 2024 4.36 Bn
Sep 30, 2024 5.62 Bn
Jun 30, 2024 2.33 Bn
Mar 31, 2024 2.74 Bn
Dec 31, 2023 8.07 Bn
Sep 30, 2023 5.00 Bn
Jun 30, 2023 2.54 Bn
Mar 31, 2023 4.17 Bn
Dec 31, 2022 8.66 Bn
Sep 30, 2022 12.27 Bn
Jun 30, 2022 10.60 Bn
Mar 31, 2022 6.10 Bn
Dec 31, 2021 6.85 Bn
Sep 30, 2021 6.67 Bn