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 | 686.62 Bn | 644.76 Bn | - | 117.04 |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 45.82 |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -9.21 Mn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 1.05 |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 57.03 |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 55.75 |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 30.25 |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.82 |
| Jun 30, 2026 | 48.40 |
| Mar 31, 2026 | 12.44 |
| Dec 31, 2025 | 13.74 |
| Sep 30, 2025 | 15.63 |
| Jun 30, 2025 | 16.14 |
| Mar 31, 2025 | 27.33 |
| Dec 31, 2024 | 31.45 |
| Sep 30, 2024 | 40.57 |
| Jun 30, 2024 | 63.27 |
| Mar 31, 2024 | 68.14 |
| Dec 31, 2023 | 30.08 |
| Sep 30, 2023 | 77.65 |
| Jun 30, 2023 | 66.31 |
| Mar 31, 2023 | 83.77 |
| Dec 31, 2022 | 80.74 |
| Sep 30, 2022 | 116.70 |
| Jun 30, 2022 | 125.05 |
| Mar 31, 2022 | 67.57 |
| Dec 31, 2021 | 46.06 |
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();