Chevron Corporation (CVX)

Income Statement (Annual)

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	162,465	94,692	146,516	166,339	141,722	114,472	138,477	211,970	228,848	241,909
Revenue Growth (YoY)	71.57%	-35.37%	-11.92%	17.37%	23.80%	-17.34%	-34.67%	-7.38%	-5.40%	-4.65%
Cost of Revenue	116,938	75,310	105,634	119,989	107,223	90,891	104,815	157,496	172,386	175,712
Gross Profit	45,527	19,382	40,882	46,350	34,499	23,581	33,662	54,474	56,462	66,197
Selling, General & Admin	4,014	4,213	4,143	3,838	4,110	4,305	4,443	4,494	4,510	4,724
Research & Development	549	1,537	770	1,210	864	1,033	3,340	1,985	1,861	1,728
Other Operating Expenses	18,613	20,388	29,635	19,979	19,997	20,202	21,037	16,793	14,186	13,413
Operating Expenses	23,176	26,138	34,548	25,027	24,971	25,540	28,820	23,272	20,557	19,865
Operating Income	22,351	-6,756	6,334	21,323	9,528	-1,959	4,842	31,202	35,905	46,332
Interest Expense / Income	712	697	798	748	307	201	0	0	0	0
Other Expense / Income	64	-18	-79	36	74	66	123	69	174	157
Pretax Income	21,575	-7,435	5,615	20,539	9,147	-2,226	4,719	31,133	35,731	46,175
Income Tax	5,950	-1,892	2,691	5,715	-48	-1,729	132	11,892	14,308	19,996
Net Income	15,625	-5,543	2,924	14,824	9,195	-497	4,587	19,241	21,423	26,179
Net Income Common	15,625	-5,543	2,924	14,824	9,195	-497	4,587	19,241	21,423	26,179
Net Income Growth	-	-	-80.27%	61.22%	-	-	-76.16%	-10.18%	-18.17%	-2.66%
Shares Outstanding (Basic)	1,928	1,867	1,891	1,911	1,899	1,888	1,882	1,890	1,923	1,957
Shares Change	3.23%	-1.24%	-1.04%	0.60%	0.61%	0.30%	-0.44%	-1.70%	-1.74%	-1.72%
EPS (Basic)	8.15	-2.96	1.55	7.81	4.88	-0.27	2.46	10.21	11.18	13.42
EPS (Diluted)	8.14	-2.96	1.54	7.74	4.85	-0.27	2.45	10.14	11.09	13.32
EPS Growth	-	-	-80.10%	59.59%	-	-	-75.84%	-8.57%	-16.74%	-0.89%
Free Cash Flow Per Share	11.89	2.48	8.54	10.06	6.33	-1.03	-5.34	-2.08	-1.55	4.02
Dividend Per Share	5.310	5.160	4.760	4.480	4.320	4.290	4.280	4.210	3.900	3.510
Dividend Growth	2.91%	8.40%	6.25%	3.70%	0.70%	0.23%	1.66%	7.95%	11.11%	13.59%
Gross Margin	28.00%	20.50%	27.90%	27.90%	24.30%	20.60%	24.30%	25.70%	24.70%	27.40%
Operating Margin	13.80%	-7.10%	4.30%	12.80%	6.70%	-1.70%	3.50%	14.70%	15.70%	19.20%
Profit Margin	9.60%	-5.90%	2.00%	8.90%	6.50%	-0.40%	3.30%	9.10%	9.40%	10.80%
Free Cash Flow Margin	14.10%	4.90%	11.00%	11.60%	8.50%	-1.70%	-7.30%	-1.90%	-1.30%	3.30%
Effective Tax Rate	27.58%	25.45%	47.93%	27.83%	-0.52%	77.67%	2.80%	38.20%	40.04%	43.30%
EBITDA	40,212	12,770	35,631	40,706	28,803	17,432	25,756	47,926	49,917	59,588
EBITDA Margin	24.80%	13.50%	24.30%	24.50%	20.30%	15.20%	18.60%	22.60%	21.80%	24.60%
Depreciation & Amortization	17,925	19,508	29,218	19,419	19,349	19,457	21,037	16,793	14,186	13,413
EBIT	22,287	-6,738	6,413	21,287	9,454	-2,025	4,719	31,133	35,731	46,175
EBIT Margin	13.70%	-7.10%	4.40%	12.80%	6.70%	-1.80%	3.40%	14.70%	15.60%	19.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).