Chevron (CVX) Interest Coverage Ratio (2009 - 2026)
Chevron's (CVX) Interest Coverage Ratio came in at 48.40 for Q2 2026, up 200.0% from 16.14 a year earlier and up 289.1% from the prior quarter.
Chevron (CVX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Chevron was 22.46, down 17.6% year-over-year; for FY2025, it was 17.22, down 63.6% from FY2024.
- Annual Interest Coverage Ratio has declined for three consecutive years.
- In prior years, Chevron's Interest Coverage Ratio was 47.31 in FY2024 (-26.2%), 64.08 in FY2023 (-34.1%), 97.27 in FY2022 (+209.8%) and 31.39 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q2 2024.
- On a year-over-year basis, Interest Coverage Ratio increased in two of the last eight quarters, with an average decline of 18.7%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2022, with growth of 463.3%; the weakest was Q2 2025, with a decline of 74.5%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 12.44 (Q1 2026), 13.74 (Q4 2025) and 15.63 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.76 Bn | 735.25 Bn | - | 86.57 |
| 2 | Chevron | 463.67 Bn | 435.79 Bn | 33.45 Bn | -56.60 |
| 3 | Shell | 319.97 Bn | 180.24 Bn | - | - |
| 4 | TotalEnergies SE | 208.51 Bn | 79.59 Bn | 31,614.00 | -9.21 Mn |
| 5 | Conocophillips | 186.23 Bn | 158.94 Bn | 12.81 Bn | 57.03 |
| 6 | Equinor Asa | 126.37 Bn | 39.22 Bn | - | - |
| 7 | Canadian Natural Resources | 117.30 Bn | 114.31 Bn | 8.84 Bn | 50.73 |
| 8 | Phillips 66 | 111.87 Bn | 95.66 Bn | 10.69 Bn | 30.25 |
| 9 | Suncor Energy | 96.38 Bn | 82.13 Bn | - | - |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - | 1.05 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -56.60 |
| Mar 31, 2026 | -70.49 |
| Dec 31, 2025 | -57.48 |
| Sep 30, 2025 | -59.42 |
| Jun 30, 2025 | -82.89 |
| Mar 31, 2025 | -108.62 |
| Dec 31, 2024 | -121.05 |
| Sep 30, 2024 | -146.10 |
| Jun 30, 2024 | -210.89 |
| Mar 31, 2024 | -167.96 |
| Dec 31, 2023 | -208.23 |
| Sep 30, 2023 | -206.93 |
| Jun 30, 2023 | -176.23 |
| Mar 31, 2023 | -172.94 |
| Dec 31, 2022 | -185.06 |
| Sep 30, 2022 | -187.05 |
| Jun 30, 2022 | -191.33 |
| Mar 31, 2022 | -179.10 |
| Dec 31, 2021 | -149.89 |
| Sep 30, 2021 | -90.68 |
Chevron Interest Coverage Ratio 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=interest-coverage-ratio&ticker=CVX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();