Chevron CVX
NYSE CVX
$201.86 +2.18 (+1.09%)
At close: Aug 28, 2026 · 4:00 PM EDT

Chevron (CVX) Tax Provisions (2009 - 2026)

Chevron's (CVX) quarterly Tax Provisions came in at $1.7 billion in Q1 2026, down 17.91% YoY from $2.1 billion in Q1 2025, and down 3.3% on a QoQ basis from $1.8 billion in Q4 2025.

Analysis

Chevron (CVX) Tax Provisions (2009 - 2026) Analysis & Trends

Chevron (CVX) has 18 years of Tax Provisions data on file, last reported at $1.7 billion in Q1 2026.

  • Quarterly Tax Provisions fell 17.91% year-over-year to $1.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.9 billion (down 27.24% YoY) and the FY2025 annual result came in at $7.3 billion, down 25.61% from the prior year.
  • Tax Provisions declined to $1.7 billion in Q1 2026, from $1.8 billion in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $4.3 billion in Q2 2022 to a low of $1.3 billion in Q4 2023.
  • A 5-year average of $2.4 billion and a median of $2.2 billion in 2023 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions jumped 256.48% — and 2023, when it plunged 63.27%.
  • Tracing CVX's Tax Provisions over 5 years: stood at $3.5 billion in 2022, then slumped by 63.27% to $1.3 billion in 2023, then soared by 119.95% to $2.8 billion in 2024, then sank by 37.21% to $1.8 billion in 2025, then decreased by 3.3% to $1.7 billion in 2026.
  • The last three Tax Provisions figures came in at $1.7 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 4.95 Bn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 4.50 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn -3.15 Bn
4 Eni Spa 166.18 Bn 156.34 Bn - -1.53 Bn
5 Equinor Asa 103.49 Bn 94.23 Bn - -8.19 Bn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 952.82 Mn
7 Imperial Oil 63.17 Bn 61.11 Bn - 484.36 Mn
8 Cenovus Energy 59.48 Bn 57.00 Bn - 774.98 Mn
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 -593.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.50 Bn
Mar 31, 2026 1.70 Bn
Dec 31, 2025 1.75 Bn
Sep 30, 2025 1.80 Bn
Jun 30, 2025 1.63 Bn
Mar 31, 2025 2.10 Bn
Dec 31, 2024 2.76 Bn
Sep 30, 2024 2.00 Bn
Jun 30, 2024 2.60 Bn
Mar 31, 2024 2.40 Bn
Dec 31, 2023 1.25 Bn
Sep 30, 2023 2.20 Bn
Jun 30, 2023 1.83 Bn
Mar 31, 2023 2.91 Bn
Dec 31, 2022 3.43 Bn
Sep 30, 2022 3.60 Bn
Jun 30, 2022 4.30 Bn
Mar 31, 2022 2.80 Bn
Dec 31, 2021 1.90 Bn
Sep 30, 2021 1.94 Bn