Chevron Corporation (CVX)
NYSE: CVX · Real-Time Price · USD
213.28
+2.06 (0.98%)
At close: Nov 11, 2026, 4:00 PM EST
214.36
+1.08 (0.51%)
After-hours: Nov 11, 2026, 7:59 PM EST
Chevron Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 26,976 | 12,299 | 17,661 | 21,369 | 35,465 | 15,625 |
Depreciation & Amortization | 23,914 | 20,000 | 16,782 | 15,213 | 15,442 | 17,545 |
Loss (Gain) From Sale of Assets | -521 | -462 | -1,685 | -138 | -550 | -1,021 |
Asset Writedown & Restructuring Costs | 133 | 133 | 500 | 2,180 | 950 | 414 |
Loss (Gain) on Equity Investments | 1,277 | 2,282 | -366 | -885 | -4,730 | -1,998 |
Other Operating Activities | 708 | 1,335 | -1,500 | 1,205 | 959 | 282 |
Change in Accounts Receivable | -8,287 | 3,829 | -932 | 1,187 | -2,317 | -7,548 |
Change in Inventory | -857 | 51 | -574 | -320 | -930 | -530 |
Change in Accounts Payable | 7,966 | -3,469 | 2,569 | -49 | 2,750 | 5,475 |
Change in Income Taxes | 1,553 | -1,310 | 164 | -2,801 | 2,848 | 1,223 |
Change in Other Net Operating Assets | -912 | -749 | -1,127 | -1,352 | -285 | -280 |
Operating Cash Flow | 51,950 | 33,939 | 31,492 | 35,609 | 49,602 | 29,187 |
Operating Cash Flow Growth | 63.13% | 7.77% | -11.56% | -28.21% | 69.95% | 175.95% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -17,876 | -17,347 | -16,448 | -15,829 | -11,974 | -8,056 |
Sale of Property, Plant & Equipment | 1,238 | 1,677 | 7,509 | 446 | 1,435 | 1,352 |
Cash Acquisitions | - | -1,169 | - | 55 | -2,862 | - |
Investment in Securities | 182 | 150 | 236 | 398 | 1,317 | 438 |
Other Investing Activities | 1,951 | 778 | -233 | -302 | -24 | 401 |
Investing Cash Flow | -14,505 | -15,911 | -8,936 | -15,232 | -12,108 | -5,865 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 4,868 | 135 | 263 | - |
Long-Term Debt Issued | - | 11,402 | 478 | 150 | - | - |
Total Debt Issued | 335 | 11,402 | 5,346 | 285 | 263 | - |
Short-Term Debt Repaid | - | -1,061 | - | - | - | -5,572 |
Long-Term Debt Repaid | - | -4,475 | -1,778 | -4,340 | -8,742 | -7,364 |
Total Debt Repaid | -8,553 | -5,536 | -1,778 | -4,340 | -8,742 | -12,936 |
Net Debt Issued (Repaid) | -8,218 | 5,866 | 3,568 | -4,055 | -8,479 | -12,936 |
Issuance of Common Stock | - | - | - | - | - | 38 |
Repurchase of Common Stock | -9,649 | -11,855 | -15,044 | -14,678 | -5,417 | - |
Common Dividends Paid | -13,916 | -12,751 | -11,801 | -11,336 | -10,968 | -10,179 |
Other Financing Activities | -520 | -323 | -195 | -40 | -114 | -36 |
Financing Cash Flow | -32,303 | -19,063 | -23,472 | -30,109 | -24,978 | -23,113 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -6 | 58 | -97 | -114 | -190 | -151 |
Net Cash Flow | 5,136 | -977 | -1,013 | -9,846 | 12,326 | 58 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 34,074 | 16,592 | 15,044 | 19,780 | 37,628 | 21,131 |
Free Cash Flow Growth | 120.91% | 10.29% | -23.94% | -47.43% | 78.07% | 1176.80% |
Free Cash Flow Margin | 15.06% | 8.98% | 7.69% | 10.15% | 15.95% | 13.63% |
Free Cash Flow Per Share | 17.20 | 8.94 | 8.28 | 10.52 | 19.40 | 11.01 |
Levered Free Cash Flow | 26,048 | 13,201 | 15,733 | 14,523 | 31,686 | 18,443 |
Unlevered Free Cash Flow | 26,900 | 13,961 | 16,104 | 14,817 | 32,008 | 18,888 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,371 | 942 | 587 | 465 | 525 | 699 |
Cash Income Tax Paid | 9,787 | 7,304 | 8,458 | 10,416 | 9,148 | 4,355 |
Change in Working Capital | -537 | -1,648 | 100 | -3,335 | 2,066 | -1,660 |