Chevron (CVX) Net Margin (2009 - 2026)

Chevron (CVX) posted Net Margin of 7.11% for Q1 2026, down 15.68% quarter-over-quarter from 6.15% in Q4 2025, and down 1291.0% year-on-year from 0.6% in Q1 2025.

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

Chevron (CVX) has reported Net Margin for 18 consecutive years, with 7.11% the latest figure, recorded in Q1 2026.

  • Net Margin for Q1 2026 came in at 7.11%, down 1291.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.64% (down 975.0% YoY), and the FY2025 annual result was 3.58%, down 476.0% from the prior year.
  • Net Margin was 7.11% for Q1 2026 at Chevron, down from 6.15% in the prior quarter.
  • Over five years, Net Margin peaked at 16.38% in Q2 2022 and troughed at 7.11% in Q1 2026.
  • Average Net Margin over 5 years is 6.32%, with a median of 7.24% recorded in 2024.
  • Year-over-year, Net Margin jumped 1001 bps in 2022 and plunged 1291 bps in 2026.
  • Over 5 years, Net Margin stood at 9.94% in 2022, then plunged by 74 bps to 2.63% in 2023, then surged by 83 bps to 4.81% in 2024, then slumped by 228 bps to 6.15% in 2025, then retreated by 16 bps to 7.11% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 7.11% in Q1 2026, 6.15% in Q4 2025, and 4.48% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - -
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn 26.37%
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 7.35%
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 -3.92%
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn -7.11%
6 Equinor Asa 77.88 Bn 70.78 Bn - 0.00%
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 28.85%
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn -591.90%
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 -
10 Sky Quarry 10.63 Mn 9.79 Mn -389,218.00 -

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.11%
Dec 31, 2025 -6.15%
Sep 30, 2025 -4.48%
Jun 30, 2025 3.63%
Mar 31, 2025 5.80%
Dec 31, 2024 4.81%
Sep 30, 2024 7.24%
Jun 30, 2024 6.58%
Mar 31, 2024 9.23%
Dec 31, 2023 2.63%
Sep 30, 2023 10.70%
Jun 30, 2023 10.65%
Mar 31, 2023 11.06%
Dec 31, 2022 9.94%
Sep 30, 2022 16.14%
Jun 30, 2022 16.38%
Mar 31, 2022 10.40%
Dec 31, 2021 8.55%
Sep 30, 2021 12.55%
Jun 30, 2021 6.36%