Chevron (CVX) Tax Rate (2016 - 2026)

Chevron filings provide 17 years of Tax Rate readings, the most recent being 37.78% for Q4 2025.

On a quarterly basis, Tax Rate fell 738.0% to 37.78% in Q4 2025 year-over-year; TTM through Dec 2025 was 36.8%, a 151.0% increase, with the full-year FY2025 number at 36.76%, up 129.0% from a year prior.
Tax Rate hit 37.78% in Q4 2025 for Chevron, up from 33.27% in the prior quarter.
In the past five years, Tax Rate ranged from a high of 45.15% in Q4 2024 to a low of 23.34% in Q2 2023.
Median Tax Rate over the past 5 years was 30.82% (2022), compared with a mean of 31.95%.
Biggest five-year swings in Tax Rate: soared 39846bps in 2021 and later tumbled -738bps in 2025.
Chevron's Tax Rate stood at 27.42% in 2021, then increased by 28bps to 35.09% in 2022, then rose by 2bps to 35.79% in 2023, then grew by 26bps to 45.15% in 2024, then fell by -16bps to 37.78% in 2025.
The last three reported values for Tax Rate were 37.78% (Q4 2025), 33.27% (Q3 2025), and 39.35% (Q2 2025) per Business Quant data.

Peer Comparison