Chevron (CVX) Free Cash Flow (2009 - 2026)
Chevron's (CVX) quarterly Free Cash Flow came in at -$1.5 billion in Q1 2026, down 222.74% YoY from $1.3 billion in Q1 2025, and down 128.04% on a QoQ basis from $5.5 billion in Q4 2025.
Analysis
Chevron (CVX) Free Cash Flow (2009 - 2026) Analysis & Trends
Chevron (CVX) has 18 years of Free Cash Flow data on file, last reported at -$1.5 billion in Q1 2026.
- Quarterly Free Cash Flow fell 222.74% year-over-year to -$1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.8 billion (up 1.58% YoY) and the FY2025 annual result came in at $16.6 billion, up 10.29% from the prior year.
- Free Cash Flow eased to -$1.5 billion in Q1 2026, from $5.5 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $12.3 billion in Q3 2022 to a low of -$1.5 billion in Q1 2026.
- A 5-year average of $5.1 billion and a median of $4.9 billion in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 148.78% — and 2026, when it slumped 222.74%.
- Tracing CVX's Free Cash Flow over 5 years: stood at $8.7 billion in 2022, then slipped by 6.81% to $8.1 billion in 2023, then sank by 46.03% to $4.4 billion in 2024, then gained by 26.81% to $5.5 billion in 2025, then plunged by 128.04% to -$1.5 billion in 2026.
- The last three Free Cash Flow figures came in at -$1.5 billion (Q1 2026), $5.5 billion (Q4 2025), and $4.9 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 11.44 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 18.10 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 4.23 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 4.96 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 6.60 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 5.06 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 1.57 Bn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 3.50 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.10 Bn |
| Jun 30, 2026 | 18.10 Bn |
| Mar 31, 2026 | -1.55 Bn |
| Mar 31, 2026 | -1.55 Bn |
| Dec 31, 2025 | 5.53 Bn |
| Dec 31, 2025 | 5.53 Bn |
| Sep 30, 2025 | 4.94 Bn |
| Sep 30, 2025 | 4.94 Bn |
| Jun 30, 2025 | 4.86 Bn |
| Jun 30, 2025 | 4.86 Bn |
| Mar 31, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.26 Bn |
| Dec 31, 2024 | 4.36 Bn |
| Dec 31, 2024 | 4.36 Bn |
| Sep 30, 2024 | 5.62 Bn |
| Sep 30, 2024 | 5.62 Bn |
| Jun 30, 2024 | 2.33 Bn |
| Jun 30, 2024 | 2.33 Bn |
| Mar 31, 2024 | 2.74 Bn |
| Mar 31, 2024 | 2.74 Bn |