Chevron (CVX) Return on Sales [ROS] (2009 - 2026)
Chevron's Return on Sales [ROS] was 24.32% in Q2 2026, up 14.45 percentage points from 9.86% a year earlier and up 15.49 percentage points from the prior quarter.
Chevron (CVX) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Chevron's Return on Sales [ROS] was 14.90% through Jun 30, 2026, up 3.06 percentage points year-over-year; for FY2025, it was 11.09%, down 2.77 percentage points from FY2024.
- Return on Sales [ROS] has now declined for three consecutive years, though with a five-year change of +18.22 percentage points (FY2020 to FY2025).
- In earlier years, Return on Sales [ROS] was 13.86% in FY2024 (-1.10 pp), 14.96% in FY2023 (-5.43 pp), 20.38% in FY2022 (+6.62 pp) and 13.76% in FY2021 (+20.89 pp).
- The Q2 2026 figure marks the highest quarterly Return on Sales [ROS] in data going back to Q1 2009.
- Compared with a year earlier, Return on Sales [ROS] was higher in two of the last eight quarters, with an average year-over-year change of +0.11 percentage points.
- The best year-over-year quarter for Return on Sales [ROS] over five years was Q4 2021 (a gain of 79.41 percentage points); the worst was Q4 2023 (a drop of 9.93 percentage points).
- Per Business Quant data, CVX's Return on Sales [ROS] in the three quarters before Q2 2026 was 8.83% (Q1 2026), 10.58% (Q4 2025) and 11.63% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 18.93% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 20.54% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 977.98% |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -7,653,464.41% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 7.15% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 53.17% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 14.27% |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | 46.69% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.54% |
| Jun 30, 2026 | 24.32% |
| Mar 31, 2026 | 8.83% |
| Dec 31, 2025 | 10.58% |
| Sep 30, 2025 | 11.63% |
| Jun 30, 2025 | 9.86% |
| Mar 31, 2025 | 12.17% |
| Dec 31, 2024 | 11.98% |
| Sep 30, 2024 | 13.13% |
| Jun 30, 2024 | 13.97% |
| Mar 31, 2024 | 16.50% |
| Dec 31, 2023 | 7.65% |
| Sep 30, 2023 | 16.37% |
| Jun 30, 2023 | 16.27% |
| Mar 31, 2023 | 18.97% |
| Dec 31, 2022 | 17.59% |
| Sep 30, 2022 | 22.41% |
| Jun 30, 2022 | 23.46% |
| Mar 31, 2022 | 16.90% |
| Dec 31, 2021 | 14.84% |
Chevron Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=CVX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();