Chevron Corporation (BCBA:CVX)

Chevron Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	186,042	192,477	195,985	234,526	154,840	94,079
Other Revenue	2,689	3,091	-1,186	1,390	227	-74
Revenue	188,731	195,568	194,799	235,916	155,067	94,005
Revenue Growth (YoY)	-1.64%	0.40%	-17.43%	52.14%	64.96%	-32.55%
Cost of Revenue	112,077	118,269	118,268	144,225	91,483	51,756
Gross Profit	76,654	77,299	76,531	91,691	63,584	42,249
Selling, General & Admin	32,691	31,513	29,240	29,321	25,428	25,416
Other Operating Expenses	5,038	4,710	4,267	4,022	4,009	2,832
Operating Expenses	57,626	54,000	49,567	49,686	47,497	46,501
Operating Income	19,028	23,299	26,964	42,005	16,087	-4,252
Interest Expense	-1,055	-594	-469	-516	-712	-697
Earnings From Equity Investments	3,025	4,596	5,131	8,585	5,657	-472
EBT Excluding Unusual Items	20,998	27,301	31,626	50,074	21,032	-5,421
Merger & Restructuring Charges	-980	-980	-	-	-	-
Gain (Loss) on Sale of Assets	1,685	1,685	138	550	1,021	760
Asset Writedown	-500	-500	-2,180	-950	-414	-2,792
Pretax Income	21,203	27,506	29,584	49,674	21,639	-7,453
Income Tax Expense	8,304	9,757	8,173	14,066	5,950	-1,892
Earnings From Continuing Operations	12,899	17,749	21,411	35,608	15,689	-5,561
Minority Interest in Earnings	-131	-88	-42	-143	-64	18
Net Income	12,768	17,661	21,369	35,465	15,625	-5,543
Net Income to Common	12,768	17,661	21,369	35,465	15,625	-5,543
Net Income Growth	-23.46%	-17.35%	-39.75%	126.98%	-	-
Shares Outstanding (Basic)	1,794	1,810	1,873	1,931	1,916	1,870
Shares Outstanding (Diluted)	1,801	1,817	1,880	1,940	1,920	1,870
Shares Change (YoY)	-2.09%	-3.35%	-3.09%	1.04%	2.67%	-1.32%
EPS (Basic)	7.12	9.76	11.41	18.37	8.16	-2.96
EPS (Diluted)	7.09	9.72	11.36	18.28	8.14	-2.96
EPS Growth	-21.77%	-14.44%	-37.86%	124.57%	-	-
Free Cash Flow	15,444	15,044	19,780	37,628	21,131	1,655
Free Cash Flow Per Share	8.58	8.28	10.52	19.40	11.01	0.89
Dividend Per Share	6.760	6.520	6.040	5.680	5.310	5.160
Dividend Growth	5.63%	7.95%	6.34%	6.97%	2.91%	8.40%
Gross Margin	40.62%	39.52%	39.29%	38.87%	41.00%	44.94%
Operating Margin	10.08%	11.91%	13.84%	17.80%	10.37%	-4.52%
Profit Margin	6.77%	9.03%	10.97%	15.03%	10.08%	-5.90%
Free Cash Flow Margin	8.18%	7.69%	10.15%	15.95%	13.63%	1.76%
EBITDA	37,710	40,081	42,177	57,447	33,632	13,131
EBITDA Margin	19.98%	20.50%	21.65%	24.35%	21.69%	13.97%
D&A For EBITDA	18,682	16,782	15,213	15,442	17,545	17,383
EBIT	19,028	23,299	26,964	42,005	16,087	-4,252
EBIT Margin	10.08%	11.91%	13.84%	17.80%	10.37%	-4.52%
Effective Tax Rate	39.16%	35.47%	27.63%	28.32%	27.50%	-
Revenue as Reported	194,384	202,792	200,949	246,252	162,465	94,692

Source: S&P Global Market Intelligence. Standard template. Financial Sources.