Chevron CVX
NYSE CVX
$201.86 +2.18 (+1.09%)
At close: Aug 28, 2026 · 4:00 PM EDT

Chevron (CVX) Net Margin (2009 - 2026)

Chevron's (CVX) quarterly Net Margin came in at 4.62% in Q1 2026, down 300.0% YoY from 2.31% in Q1 2025, and down 24.93% on a QoQ basis from 6.15% in Q4 2025.

Analysis

Chevron (CVX) Net Margin (2009 - 2026) Analysis & Trends

Chevron (CVX) has 18 years of Net Margin data on file, last reported at 4.62% in Q1 2026.

  • Quarterly Net Margin fell 300.0% year-over-year to 4.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.96% (down 219.0% YoY) and the FY2025 annual result came in at 6.6%, down 257.0% from the prior year.
  • Net Margin declined to 4.62% in Q1 2026, from 6.15% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 17.9% in Q2 2022 to a low of 4.53% in Q4 2023.
  • A 5-year average of 10.1% and a median of 9.2% in 2024 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin soared 960 bps — and 2023, when it tumbled 920 bps.
  • Tracing CVX's Net Margin over 5 years: stood at 13.73% in 2022, then plunged by 67 bps to 4.53% in 2023, then surged by 51 bps to 6.84% in 2024, then decreased by 10 bps to 6.15% in 2025, then declined by 25 bps to 4.62% in 2026.
  • The last three Net Margin figures came in at 4.62% (Q1 2026), 6.15% (Q4 2025), and 7.47% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 11.43%
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 17.41%
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 8.80%
4 Eni Spa 166.18 Bn 156.34 Bn - 229.40%
5 Equinor Asa 103.49 Bn 94.23 Bn - 9.17%
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn -570.52%
7 Imperial Oil 63.17 Bn 61.11 Bn - 13.63%
8 Cenovus Energy 59.48 Bn 57.00 Bn - 16.47%
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - -
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn 190.54%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.41%
Mar 31, 2026 4.62%
Dec 31, 2025 6.07%
Sep 30, 2025 7.27%
Jun 30, 2025 5.61%
Mar 31, 2025 7.35%
Dec 31, 2024 6.32%
Sep 30, 2024 8.88%
Jun 30, 2024 8.67%
Mar 31, 2024 11.34%
Dec 31, 2023 4.74%
Sep 30, 2023 12.09%
Jun 30, 2023 12.29%
Mar 31, 2023 13.00%
Dec 31, 2022 11.23%
Sep 30, 2022 16.82%
Jun 30, 2022 17.02%
Mar 31, 2022 11.59%
Dec 31, 2021 10.46%
Sep 30, 2021 13.78%