Chevron (CVX) Shares Outstanding (Diluted) (2009 - 2026)
Chevron's Weighted Average Shares Outstanding (Diluted) came in at 1.98 billion for Q2 2026, up 14.5% from 1.72 billion a year earlier but down 0.5% from the prior quarter.
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Analysis
Chevron (CVX) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Chevron's Weighted Average Shares Outstanding (Diluted) was 1.86 billion, up 2.1% from FY2024.
- Weighted Average Shares Outstanding (Diluted) carries a five-year compound annual growth rate of -0.2% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding (Diluted) was 1.82 billion in FY2024 (-3.4%), 1.88 billion in FY2023 (-3.1%), 1.94 billion in FY2022 (+1.0%) and 1.92 billion in FY2021 (+2.7%).
- The five-year range for quarterly Weighted Average Shares Outstanding (Diluted) is 1.72 billion (Q2 2025) to 1.99 billion (Q1 2026).
- Year-over-year, Weighted Average Shares Outstanding (Diluted) has increased for four consecutive quarters, with growth averaging 2.4% over the last eight quarters.
- The fastest year-over-year change in Weighted Average Shares Outstanding (Diluted) over five years came in Q2 2026 (growth of 14.5%), and the weakest in Q2 2025 (a decline of 5.9%).
- Business Quant data shows CVX's Weighted Average Shares Outstanding (Diluted) at 1.99 billion (Q1 2026), 1.86 billion (Q4 2025) and 1.95 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 739.09 Bn | 702.30 Bn | - | 4.42 Bn |
| 2 | Chevron | 450.30 Bn | 428.09 Bn | 33.45 Bn | 1.98 Bn |
| 3 | Shell | 298.63 Bn | 159.98 Bn | - | 2.97 Bn |
| 4 | TotalEnergies SE | 204.82 Bn | 80.16 Bn | 31,614.00 | 2.57 Bn |
| 5 | Conocophillips | 176.42 Bn | 149.12 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 113.51 Bn | 26.44 Bn | 4.49 Bn | 2.60 Bn |
| 7 | Canadian Natural Resources | 111.68 Bn | 108.68 Bn | 8.84 Bn | 2.10 Bn |
| 8 | Phillips 66 | 107.29 Bn | 92.24 Bn | 10.69 Bn | 398.95 Mn |
| 9 | Eni Spa | 92.50 Bn | 35.68 Bn | - | 1.54 Bn |
| 10 | Suncor Energy | 90.02 Bn | 75.76 Bn | - | 1.22 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98 Bn |
| Mar 31, 2026 | 1.99 Bn |
| Dec 31, 2025 | 1.86 Bn |
| Sep 30, 2025 | 1.95 Bn |
| Jun 30, 2025 | 1.72 Bn |
| Mar 31, 2025 | 1.75 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Sep 30, 2024 | 1.81 Bn |
| Jun 30, 2024 | 1.83 Bn |
| Mar 31, 2024 | 1.85 Bn |
| Dec 31, 2023 | 1.88 Bn |
| Sep 30, 2023 | 1.88 Bn |
| Jun 30, 2023 | 1.88 Bn |
| Mar 31, 2023 | 1.90 Bn |
| Dec 31, 2022 | 1.94 Bn |
| Sep 30, 2022 | 1.94 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 1.94 Bn |
| Dec 31, 2021 | 1.92 Bn |
| Sep 30, 2021 | 1.92 Bn |
API Access
Chevron Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();