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