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

Chevron (CVX) reported Free Cash Flow of -$1.5 billion for Q1 2026, down 222.74% on a YoY basis from $1.3 billion in Q1 2025, and down 128.04% quarter-over-quarter from $5.5 billion in Q4 2025.

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

Chevron has reported Free Cash Flow for 18 years, with the latest figure at -$1.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 222.74% year-over-year to -$1.5 billion; the trailing twelve-month figure through Mar 2026 stood at $13.8 billion (up 1.58% YoY), and the FY2025 full-year result was $16.6 billion, up 10.29% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$1.5 billion, down from $5.5 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $12.3 billion in Q3 2022, with the low at -$1.5 billion in Q1 2026.
  • Historically, Free Cash Flow has averaged $5.1 billion across 5 years, with a median of $4.9 billion in 2025.
  • Annual changes were most pronounced in 2022 — Free Cash Flow jumped 148.78% — and 2026, when it slumped 222.74%.
  • Chevron's Free Cash Flow 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn 8.36 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 2.24 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 3,361.00
4 Shell 546.31 Bn 505.07 Bn - 9.82 Bn
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn -1.55 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn -
7 Eni Spa 252.26 Bn 242.70 Bn - 3.97 Bn
8 Bp 196.12 Bn 159.56 Bn - 2.86 Bn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 2.59 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - 204.91 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 8.07 Bn
Dec 31, 2023 8.07 Bn