KPIs & Operating Metrics(New)
Growth Metrics

Chevron (CVX) Gross Margin (2017 - 2026)

Chevron filings provide 9 years of Gross Margin readings, the most recent being 45.92% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 830.0% to 45.92% in Q4 2025 year-over-year; TTM through Dec 2025 was 42.62%, a 358.0% increase, with the full-year FY2025 number at 42.75%, up 439.0% from a year prior.
  • Gross Margin hit 45.92% in Q4 2025 for Chevron, up from 44.9% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 46.69% in Q3 2021 to a low of 29.1% in Q4 2022.
  • Median Gross Margin over the past 5 years was 40.47% (2023), compared with a mean of 40.6%.
  • Biggest five-year swings in Gross Margin: crashed -1358bps in 2022 and later skyrocketed 1054bps in 2023.
  • Chevron's Gross Margin stood at 42.68% in 2021, then plummeted by -32bps to 29.1% in 2022, then skyrocketed by 36bps to 39.64% in 2023, then fell by -5bps to 37.63% in 2024, then rose by 22bps to 45.92% in 2025.
  • The last three reported values for Gross Margin were 45.92% (Q4 2025), 44.9% (Q3 2025), and 39.47% (Q2 2025) per Business Quant data.