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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Chevron (CVX) Gross Margin (2017 - 2025)

Chevron (CVX) has disclosed Gross Margin for 9 consecutive years, with 44.64% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 1225.0% year-over-year to 44.64%, compared with a TTM value of 79.31% through Dec 2025, up 4094.0%, and an annual FY2025 reading of 41.33%, up 296.0% over the prior year.
  • Gross Margin was 44.64% for Q4 2025 at Chevron, up from 43.12% in the prior quarter.
  • Across five years, Gross Margin topped out at 49.94% in Q4 2022 and bottomed at 32.39% in Q4 2024.
  • Average Gross Margin over 5 years is 41.36%, with a median of 41.57% recorded in 2021.
  • The sharpest move saw Gross Margin tumbled -1030bps in 2023, then skyrocketed 1225bps in 2025.
  • Year by year, Gross Margin stood at 42.68% in 2021, then grew by 17bps to 49.94% in 2022, then fell by -21bps to 39.64% in 2023, then fell by -18bps to 32.39% in 2024, then skyrocketed by 38bps to 44.64% in 2025.
  • Business Quant data shows Gross Margin for CVX at 44.64% in Q4 2025, 43.12% in Q3 2025, and 32.39% in Q4 2024.