Chevron (CVX) Return on Assets [ROA] (2009 - 2026)
Chevron (CVX) reported Return on Assets [ROA] of 6.36% for Q2 2026, up 0.92 percentage points from 5.43% a year earlier and up 2.91 percentage points from the prior quarter.
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Analysis
Chevron (CVX) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Chevron posted Return on Assets [ROA] of 4.30%, down 2.55 percentage points from FY2024.
- Return on Assets [ROA] has declined for three consecutive years, though with a five-year change of +6.63 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 6.85% in FY2024 (-1.40 pp), 8.25% in FY2023 (-6.08 pp), 14.32% in FY2022 (+7.78 pp) and 6.55% in FY2021 (+8.88 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Assets [ROA] since Q4 2024.
- Year over year, Return on Assets [ROA] gained in 1 of the last eight quarters, with an average year-over-year change of -1.87 percentage points.
- The high point for year-over-year Return on Assets [ROA] in five years was Q1 2022 (a gain of 11.64 percentage points); the low point was Q1 2024 (a drop of 6.21 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.45% (Q1 2026), 3.84% (Q4 2025) and 4.47% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 691.18 Bn | 656.06 Bn | - | 8.98% |
| 2 | Chevron | 428.74 Bn | 406.54 Bn | 33.45 Bn | 6.36% |
| 3 | Shell | 289.76 Bn | 151.10 Bn | - | 4.18% |
| 4 | TotalEnergies SE | 199.50 Bn | 74.85 Bn | 31,614.00 | 3.48% |
| 5 | Eni Spa | 177.82 Bn | 121.01 Bn | - | 5.60% |
| 6 | Conocophillips | 164.56 Bn | 137.27 Bn | 12.81 Bn | 7.52% |
| 7 | Equinor Asa | 107.01 Bn | 19.94 Bn | 4.49 Bn | 834.81% |
| 8 | Canadian Natural Resources | 103.25 Bn | 100.25 Bn | 8.84 Bn | - |
| 9 | Phillips 66 | 101.28 Bn | 86.24 Bn | 10.69 Bn | 15.10% |
| 10 | Suncor Energy | 86.05 Bn | 66.74 Bn | - | 17.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.36% |
| Mar 31, 2026 | 3.45% |
| Dec 31, 2025 | 3.84% |
| Sep 30, 2025 | 4.47% |
| Jun 30, 2025 | 5.43% |
| Mar 31, 2025 | 6.12% |
| Dec 31, 2024 | 6.88% |
| Sep 30, 2024 | 6.44% |
| Jun 30, 2024 | 7.20% |
| Mar 31, 2024 | 7.78% |
| Dec 31, 2023 | 8.15% |
| Sep 30, 2023 | 9.91% |
| Jun 30, 2023 | 11.91% |
| Mar 31, 2023 | 13.99% |
| Dec 31, 2022 | 13.76% |
| Sep 30, 2022 | 13.26% |
| Jun 30, 2022 | 11.51% |
| Mar 31, 2022 | 8.42% |
| Dec 31, 2021 | 6.54% |
| Sep 30, 2021 | 4.12% |
API Access
Chevron Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=CVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "CVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();