Chevron (CVX) Invested Capital (2009 - 2026)

Chevron's (CVX) quarterly Invested Capital came in at $39.6 billion in Q1 2026, up 54.66% YoY from $25.6 billion in Q1 2025, and little changed on a QoQ basis from $39.8 billion in Q4 2025.

Chevron (CVX) Invested Capital (2009 - 2026) Analysis & Trends

Chevron (CVX) has 18 years of Invested Capital data on file, last reported at $39.6 billion in Q1 2026.

  • Quarterly Invested Capital rose 54.66% year-over-year to $39.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $140.6 billion (up 59.99% YoY) and the FY2025 annual result came in at $39.8 billion, up 97.57% from the prior year.
  • Invested Capital steadied at $39.6 billion in Q1 2026, from $39.8 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $39.8 billion in Q4 2025 to a low of $20.1 billion in Q3 2023.
  • A 5-year average of $25.0 billion and a median of $21.4 billion in 2024 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2022 — Invested Capital sank 42.2% — and 2025, when it jumped 97.57%.
  • Tracing CVX's Invested Capital over 5 years: stood at $21.4 billion in 2022, then retreated by 5.0% to $20.3 billion in 2023, then slipped by 0.85% to $20.1 billion in 2024, then surged by 97.57% to $39.8 billion in 2025, then dropped by 0.45% to $39.6 billion in 2026.
  • The last three Invested Capital figures came in at $39.6 billion (Q1 2026), $39.8 billion (Q4 2025), and $38.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.63 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 14.53 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 39.60 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 3.13 Bn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 713.89 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - 13.85 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 13.18 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 39.60 Bn
Dec 31, 2025 39.78 Bn
Sep 30, 2025 37.95 Bn
Jun 30, 2025 23.28 Bn
Mar 31, 2025 25.61 Bn
Dec 31, 2024 20.14 Bn
Sep 30, 2024 20.70 Bn
Jun 30, 2024 21.45 Bn
Mar 31, 2024 21.55 Bn
Dec 31, 2023 20.31 Bn
Sep 30, 2023 20.12 Bn
Jun 30, 2023 20.25 Bn
Mar 31, 2023 20.28 Bn
Dec 31, 2022 21.38 Bn
Sep 30, 2022 21.42 Bn
Jun 30, 2022 23.01 Bn
Mar 31, 2022 29.02 Bn
Dec 31, 2021 31.11 Bn
Sep 30, 2021 37.06 Bn
Jun 30, 2021 39.52 Bn