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| Date | Value |
|---|---|
| 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% |