Chevron (CVX) Tax Rate (2009 - 2026)

Chevron has reported Tax Rate for 18 years, with the latest figure at 43.59% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 649.0% year-over-year to 43.59%; the trailing twelve-month figure through Mar 2026 stood at 38.26% (up 84.0% YoY), and the FY2025 full-year result was 36.76%, up 129.0% from the prior year.
• Tax Rate for Q1 2026 stood at 43.59%, up from 38.14% in the prior quarter.
• The five-year high for Tax Rate was 45.15% in Q4 2024, with the low at 23.08% in Q2 2023.
• Historically, Tax Rate has averaged 33.35% across 5 years, with a median of 33.33% in 2025.
• Annual changes were most pronounced in 2024 — Tax Rate jumped 1407 bps — and 2025, when it plunged 701 bps.
• Chevron's Tax Rate stood at 34.97% in 2022, then increased by 4 bps to 36.54% in 2023, then grew by 24 bps to 45.15% in 2024, then declined by 16 bps to 38.14% in 2025, then rose by 14 bps to 43.59% in 2026.
• The last three Tax Rate figures came in at 43.59% (Q1 2026), 38.14% (Q4 2025), and 33.33% (Q3 2025), per Business Quant data.