Chevron (CVX) Non-Current Deferred Tax Liability (2009 - 2026)

Chevron (CVX) reported Non-Current Deferred Tax Liability of $29.9 billion for Q1 2026, up 52.83% on a YoY basis from $19.6 billion in Q1 2025, and little changed quarter-over-quarter from $30.0 billion in Q4 2025.

Chevron (CVX) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends

Chevron has reported Non-Current Deferred Tax Liability for 18 years, with the latest figure at $29.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Deferred Tax Liability rose 52.83% year-over-year to $29.9 billion; the trailing twelve-month figure through Mar 2026 stood at $29.9 billion (up 52.83% YoY), and the FY2025 full-year result was $30.0 billion, up 15.88% from the prior year.
  • Non-Current Deferred Tax Liability for Q1 2026 stood at $29.9 billion, roughly flat from $30.0 billion in the prior quarter.
  • The five-year high for Non-Current Deferred Tax Liability was $30.0 billion in Q4 2025, with the low at $15.5 billion in Q1 2022.
  • Historically, Non-Current Deferred Tax Liability has averaged $20.8 billion across 5 years, with a median of $19.5 billion in 2024.
  • Annual changes were most pronounced in 2022 — Non-Current Deferred Tax Liability fell 19.47% — and 2026, when it jumped 52.83%.
  • Chevron's Non-Current Deferred Tax Liability stood at $17.1 billion in 2022, then rose by 9.92% to $18.8 billion in 2023, then soared by 37.56% to $25.9 billion in 2024, then gained by 15.88% to $30.0 billion in 2025, then declined by 0.23% to $29.9 billion in 2026.
  • The last three Non-Current Deferred Tax Liability figures came in at $29.9 billion (Q1 2026), $30.0 billion (Q4 2025), and $29.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn -
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00
4 Shell 546.31 Bn 505.07 Bn -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn
7 Eni Spa 252.26 Bn 242.70 Bn -
8 Bp 196.12 Bn 159.56 Bn -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 29.95 Bn
Mar 31, 2026 29.95 Bn
Dec 31, 2025 30.01 Bn
Dec 31, 2025 30.01 Bn
Sep 30, 2025 29.80 Bn
Sep 30, 2025 29.80 Bn
Jun 30, 2025 19.71 Bn
Jun 30, 2025 19.71 Bn
Mar 31, 2025 19.59 Bn
Mar 31, 2025 19.59 Bn
Dec 31, 2024 25.90 Bn
Dec 31, 2024 25.90 Bn
Sep 30, 2024 19.90 Bn
Sep 30, 2024 19.90 Bn
Jun 30, 2024 19.51 Bn
Jun 30, 2024 19.51 Bn
Mar 31, 2024 19.11 Bn
Mar 31, 2024 19.11 Bn
Dec 31, 2023 18.83 Bn
Dec 31, 2023 18.83 Bn