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Chevron (CVX) Operating Margin (2017 - 2025)

Chevron (CVX) has disclosed Operating Margin for 9 consecutive years, with 40.67% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin rose 35688.0% year-over-year to 40.67%, compared with a TTM value of 98.04% through Dec 2025, down 2807.0%, and an annual FY2025 reading of 26.14%, up 7840.0% over the prior year.
  • Operating Margin was 40.67% for Q4 2025 at Chevron, up from 39.36% in the prior quarter.
  • Across five years, Operating Margin topped out at 47.01% in Q4 2022 and bottomed at 316.21% in Q4 2024.
  • Average Operating Margin over 5 years is 9.27%, with a median of 31.59% recorded in 2023.
  • The sharpest move saw Operating Margin crashed -26325bps in 2024, then skyrocketed 35688bps in 2025.
  • Year by year, Operating Margin stood at 39.91% in 2021, then grew by 18bps to 47.01% in 2022, then plummeted by -213bps to 52.96% in 2023, then plummeted by -497bps to 316.21% in 2024, then skyrocketed by 113bps to 40.67% in 2025.
  • Business Quant data shows Operating Margin for CVX at 40.67% in Q4 2025, 39.36% in Q3 2025, and 316.21% in Q4 2024.