Chevron Corporation (ETR: CHV)

Chevron Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	193,085	195,985	234,526	154,840	94,079	139,365
Other Revenue	-1,396	-1,186	1,390	227	-74	-
Revenue	191,689	194,799	235,916	155,067	94,005	139,365
Revenue Growth (YoY)	-5.60%	-17.43%	52.14%	64.96%	-32.55%	-7.73%
Cost of Revenue	116,607	118,268	144,225	91,483	51,756	79,613
Gross Profit	75,082	76,531	91,691	63,584	42,249	59,752
Selling, General & Admin	30,759	29,240	29,321	25,428	25,416	25,945
Other Operating Expenses	4,647	4,267	4,022	4,009	2,832	4,138
Operating Expenses	52,589	49,567	49,686	47,497	46,501	49,274
Operating Income	22,493	26,964	42,005	16,087	-4,252	10,478
Interest Expense	-515	-469	-516	-712	-697	-798
Earnings From Equity Investments	4,898	5,131	8,585	5,657	-472	3,968
Other Non Operating Income (Expenses)	-	-	-	-	-	1,318
EBT Excluding Unusual Items	26,876	31,626	50,074	21,032	-5,421	14,966
Gain (Loss) on Sale of Assets	241	138	550	1,021	760	1,367
Asset Writedown	-2,180	-2,180	-950	-414	-2,792	-10,797
Pretax Income	24,937	29,584	49,674	21,639	-7,453	5,536
Income Tax Expense	8,204	8,173	14,066	5,950	-1,892	2,691
Earnings From Continuing Operations	16,733	21,411	35,608	15,689	-5,561	2,845
Minority Interest in Earnings	-52	-42	-143	-64	18	79
Net Income	16,681	21,369	35,465	15,625	-5,543	2,924
Net Income to Common	16,681	21,369	35,465	15,625	-5,543	2,924
Net Income Growth	-34.49%	-39.75%	126.98%	-	-	-80.28%
Shares Outstanding (Basic)	1,833	1,873	1,931	1,916	1,870	1,882
Shares Outstanding (Diluted)	1,839	1,880	1,940	1,920	1,870	1,895
Shares Change (YoY)	-2.85%	-3.09%	1.04%	2.67%	-1.32%	-0.99%
EPS (Basic)	9.10	11.41	18.37	8.16	-2.96	1.55
EPS (Diluted)	9.06	11.36	18.28	8.14	-2.96	1.54
EPS Growth	-32.62%	-37.86%	124.57%	-	-	-80.10%
Free Cash Flow	18,760	19,780	37,628	21,131	1,655	13,198
Free Cash Flow Per Share	10.20	10.52	19.40	11.01	0.89	6.96
Dividend Per Share	6.400	6.040	5.680	5.310	5.160	4.760
Dividend Growth	7.56%	6.34%	6.97%	2.91%	8.40%	6.25%
Gross Margin	39.17%	39.29%	38.87%	41.00%	44.94%	42.87%
Operating Margin	11.73%	13.84%	17.81%	10.37%	-4.52%	7.52%
Profit Margin	8.70%	10.97%	15.03%	10.08%	-5.90%	2.10%
Free Cash Flow Margin	9.79%	10.15%	15.95%	13.63%	1.76%	9.47%
EBITDA	38,943	42,177	57,447	33,632	13,131	29,024
EBITDA Margin	20.32%	21.65%	24.35%	21.69%	13.97%	20.83%
D&A For EBITDA	16,450	15,213	15,442	17,545	17,383	18,546
EBIT	22,493	26,964	42,005	16,087	-4,252	10,478
EBIT Margin	11.73%	13.84%	17.80%	10.37%	-4.52%	7.52%
Effective Tax Rate	32.90%	27.63%	28.32%	27.50%	-	48.61%
Revenue as Reported	197,746	200,949	246,252	162,465	94,692	146,516

Source: S&P Capital IQ. Standard template. Financial Sources.