Chevron (CVX) Tax Rate (2009 - 2026)
Chevron's (CVX) quarterly Tax Rate came in at 43.08% in Q1 2026, up 599.0% YoY from 6.16% in Q1 2025, and up 13.78% on a QoQ basis from 37.86% in Q4 2025.
Chevron (CVX) Tax Rate (2009 - 2026) Analysis & Trends
Chevron (CVX) has 18 years of Tax Rate data on file, last reported at 43.08% in Q1 2026.
- Quarterly Tax Rate rose 599.0% year-over-year to 43.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.09% (up 50.0% YoY) and the FY2025 annual result came in at 36.76%, up 129.0% from the prior year.
- Tax Rate improved to 43.08% in Q1 2026, from 37.86% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 45.86% in Q4 2024 to a low of 22.97% in Q2 2023.
- A 5-year average of 33.37% and a median of 33.35% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate surged 1417 bps — and 2025, when it sank 799 bps.
- Tracing CVX's Tax Rate over 5 years: stood at 35.46% in 2022, then rose by 3 bps to 36.48% in 2023, then grew by 26 bps to 45.86% in 2024, then fell by 17 bps to 37.86% in 2025, then climbed by 14 bps to 43.08% in 2026.
- The last three Tax Rate figures came in at 43.08% (Q1 2026), 37.86% (Q4 2025), and 33.35% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | -33.32% |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 35.81% |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 43.08% |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | -96.99% |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 31.41% |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | -62.89% |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | -27.49% |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 23.70% |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 56.49% |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | -37.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.08% |
| Mar 31, 2026 | 43.08% |
| Mar 31, 2026 | 43.08% |
| Dec 31, 2025 | 37.86% |
| Dec 31, 2025 | 37.86% |
| Dec 31, 2025 | 37.86% |
| Sep 30, 2025 | 33.35% |
| Sep 30, 2025 | 33.35% |
| Sep 30, 2025 | 33.35% |
| Jun 30, 2025 | 39.80% |
| Jun 30, 2025 | 39.80% |
| Jun 30, 2025 | 39.80% |
| Mar 31, 2025 | 37.09% |
| Mar 31, 2025 | 37.09% |
| Mar 31, 2025 | 37.09% |
| Dec 31, 2024 | 45.86% |
| Dec 31, 2024 | 45.86% |
| Dec 31, 2024 | 45.86% |
| Sep 30, 2024 | 30.77% |
| Sep 30, 2024 | 30.77% |