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

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 31.41%
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 26.95%
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 14.08%
4 Eni Spa 166.18 Bn 156.34 Bn - -32.93%
5 Equinor Asa 103.49 Bn 94.23 Bn - -62.89%
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 26.47%
7 Imperial Oil 63.17 Bn 61.11 Bn - 23.43%
8 Cenovus Energy 59.48 Bn 57.00 Bn - 27.19%
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 -32.98%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 26.95
Jun 30, 2026 26.95
Jun 30, 2026 26.95
Mar 31, 2026 43.08
Mar 31, 2026 43.08
Mar 31, 2026 43.08
Dec 31, 2025 38.14
Dec 31, 2025 38.14
Dec 31, 2025 38.14
Sep 30, 2025 33.27
Sep 30, 2025 33.27
Sep 30, 2025 33.27
Jun 30, 2025 39.35
Jun 30, 2025 39.35
Jun 30, 2025 39.35
Mar 31, 2025 37.50
Mar 31, 2025 37.50
Mar 31, 2025 37.50
Dec 31, 2024 45.50
Dec 31, 2024 45.50