Chevron (CVX) Return on Capital Employed (2009 - 2026)
Chevron's (CVX) quarterly Return on Capital Employed came in at 19.99% in Q1 2026, down 618.0% YoY from 3.86% in Q1 2025, and down 171.57% on a QoQ basis from 7.36% in Q4 2025.
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Chevron (CVX) Return on Capital Employed (2009 - 2026) Analysis & Trends
Chevron (CVX) has 18 years of Return on Capital Employed data on file, last reported at 19.99% in Q1 2026.
- Quarterly Return on Capital Employed fell 618.0% year-over-year to 19.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.99% (down 618.0% YoY) and the FY2025 annual result came in at 20.54%, up 6634.0% from the prior year.
- Return on Capital Employed retreated to 19.99% in Q1 2026, from 7.36% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 7.36% in Q4 2025 to a low of 100.38% in Q4 2022.
- A 5-year average of 48.55% and a median of 48.89% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 10213 bps — and 2025, when it jumped 5697 bps.
- Tracing CVX's Return on Capital Employed over 5 years: stood at 100.38% in 2022, then soared by 49 bps to 50.86% in 2023, then soared by 43 bps to 28.95% in 2024, then jumped by 75 bps to 7.36% in 2025, then slumped by 172 bps to 19.99% in 2026.
- The last three Return on Capital Employed figures came in at 19.99% (Q1 2026), 7.36% (Q4 2025), and 25.12% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 33.86% |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | -29.93% |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 21.77% |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 3.03% |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 31.72% |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 26.78% |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 14.89% |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 23.03% |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 16.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -29.93% |
| Mar 31, 2026 | -31.54% |
| Dec 31, 2025 | -30.31% |
| Sep 30, 2025 | -36.26% |
| Jun 30, 2025 | -42.87% |
| Mar 31, 2025 | -42.95% |
| Dec 31, 2024 | -41.77% |
| Sep 30, 2024 | -41.30% |
| Jun 30, 2024 | -40.61% |
| Mar 31, 2024 | -39.15% |
| Dec 31, 2023 | -36.03% |
| Sep 30, 2023 | -38.91% |
| Jun 30, 2023 | -39.17% |
| Mar 31, 2023 | -40.92% |
| Dec 31, 2022 | -39.50% |
| Sep 30, 2022 | -43.35% |
| Jun 30, 2022 | -41.07% |
| Mar 31, 2022 | -37.34% |
| Dec 31, 2021 | -31.74% |
| Sep 30, 2021 | -29.40% |