Chevron (CVX) Free Cash Flow (2009 - 2026)
Chevron's Free Cash Flow came in at $18.1 billion for Q2 2026, up 272.0% from $4.86 billion a year earlier.
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Analysis
Chevron (CVX) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Chevron reported Free Cash Flow of $27.01 billion, up 67.8% year-over-year; for FY2025, it came in at $16.59 billion, up 10.3% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 58.6% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $15.04 billion in FY2024 (-23.9%), $19.78 billion in FY2023 (-47.4%), $37.63 billion in FY2022 (+78.1%) and $21.13 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Free Cash Flow in data going back to Q1 2009.
- Year-over-year, Free Cash Flow increased in four of the last seven quarters, with growth averaging 44.0%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q2 2026 (growth of 272.0%), and the weakest in Q2 2023 (a decline of 76.0%).
- Business Quant data shows CVX's Free Cash Flow at -$1.55 billion (Q1 2026), $5.53 billion (Q4 2025) and $4.94 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 17.03 Bn |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | -59.17 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 18.10 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 15.09 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 4.96 Bn |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 4.41 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 6.53 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 6.60 Bn |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 2.53 Bn |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 7.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Chevron Free Cash Flow 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=free-cash-flow&ticker=CVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();