Chevron (CVX) Tax Rate (2009 - 2026)

Chevron (CVX) has reported Tax Rate for 18 consecutive years, with 43.59% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 43.59%, up 649.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.26% (up 84.0% YoY), and the FY2025 annual result was 36.76%, up 129.0% from the prior year.
• Tax Rate was 43.59% for Q1 2026 at Chevron, up from 38.14% in the prior quarter.
• Over five years, Tax Rate peaked at 45.15% in Q4 2024 and troughed at 23.08% in Q2 2023.
• Average Tax Rate over 5 years is 33.35%, with a median of 33.33% recorded in 2025.
• Year-over-year, Tax Rate soared 1407 bps in 2024 and slumped 701 bps in 2025.
• Over 5 years, Tax Rate stood at 34.97% in 2022, then advanced by 4 bps to 36.54% in 2023, then gained by 24 bps to 45.15% in 2024, then decreased by 16 bps to 38.14% in 2025, then climbed by 14 bps to 43.59% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 43.59% in Q1 2026, 38.14% in Q4 2025, and 33.33% in Q3 2025.