Create a free account

US · USD

CVX

Chevron Corp

US$204.21-0.08% (-US$0.17)
Day's range
US$204.21 – US$206.83
Day's volume
US$1.3bn
52-week range
US$142.76 – US$217.77

Follow CVX on Fuolio

See how CVX weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

CVX in numbers

Market cap
US$403.5bn
P/E
19.59
P/B
2.12
Dividend yield (12m)
3.45%

The 12-month dividend yield of CVX is 3.45%, below its 5-year average of 4.15%.

CVX price history

01/10/202530/09/2026
Compare with

CVX risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+34.58%+58.86%+117.95%
Volatility (annualised)30.71%24.68%28.37%
Largest drawdown-19.15%-19.15%-19.15%
Positive months6/1222/3635/60

How much did investing in CVX return?

US$1,000.00 invested on 01/10/2021 would be worth US$2,179.54 today.

Value today in CVX
US$2,179.54
Return over the period
+117.95%
Return per year
+16.87%
In the S&P 500
US$1,661.44

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

CVX fundamentals

Valuation

  • P/E
    19.59
  • P/B
    2.12
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    1.94
  • P/EBIT
    —
  • P/S
    1.93
  • P/OCF
    8.90
  • P/FCF
    —
  • Earnings yield
    —
  • PEG ratio
    —
  • Earnings per share
    US$10.42
  • Book value per share
    US$96.11

Debt

  • Net debt
    US$401m
  • Net debt/EBITDA
    —
  • Net debt/Equity
    0.00
  • Debt/Equity
    0.00
  • Current ratio
    1.25
  • Quick ratio
    0.98
  • Cash ratio
    —

Efficiency

  • Gross margin
    43.65%
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    9.87%
  • Asset turnover
    0.63

Profitability

  • ROE
    10.84%
  • ROA
    6.24%
  • ROIC
    —
  • Payout
    67.64%

Growth

  • Revenue CAGR (5 years)
    12.46%
  • Earnings CAGR (5 years)
    41.84%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is CVX's fair price?

Two classic value formulas, with today's numbers. The current price is US$204.21.

Graham's fair price
US$150.12
26.49% below the price

√(22.50 × US$10.42 × US$96.11)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
US$101.30
50.39% below the price

US$6.08 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

CVX indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E24.7214.4112.959.6414.65-29.3577.4513.94
P/B1.631.671.722.151.641.241.571.34
Dividend yield4.49%4.50%4.05%3.16%4.52%6.11%3.95%4.12%
Earnings per shareUS$6.16US$10.05US$11.52US$18.62US$8.01-US$2.88US$1.56US$7.80
Book value per shareUS$93.44US$86.51US$86.66US$83.54US$71.41US$68.36US$76.74US$81.34
ROE6.60%11.62%13.30%22.29%11.22%-4.21%2.03%9.59%
Gross margin41.33%38.37%39.47%38.31%40.72%44.80%42.72%40.48%
Net margin6.67%9.15%10.87%15.06%10.03%-5.87%2.09%9.33%

CVX financial statements

Line202520242023202220212020
Net revenueUS$184.4bnUS$193.4bnUS$196.9bnUS$235.7bnUS$155.6bnUS$94.5bn
Cost of sales-US$108.2bn-US$119.2bn-US$119.2bn-US$145.4bn-US$92.2bn-US$52.1bn
Gross profitUS$76.2bnUS$74.2bnUS$77.7bnUS$90.3bnUS$63.4bnUS$42.3bn
EBITDA——————
EBIT——————
Net finance result——————
Profit before taxUS$19.7bnUS$27.5bnUS$29.6bnUS$49.7bnUS$21.6bn-US$7.5bn
Income tax-US$7.3bn-US$9.8bn-US$8.2bn-US$14.1bn-US$6bnUS$1.9bn
Net incomeUS$12.3bnUS$17.7bnUS$21.4bnUS$35.5bnUS$15.6bn-US$5.5bn

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does CVX pay dividends?

Dividend yield per year

  • 3.45%2017
  • 4.12%2018
  • 3.95%2019
  • 6.11%2020
  • 4.52%2021
  • 3.16%2022
  • 4.05%2023
  • 4.50%2024
  • 4.49%2025
  • 2.61%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend18/08/202610/09/2026US$1.78
Dividend18/05/202610/06/2026US$1.78
Dividend16/02/202610/03/2026US$1.78
Dividend17/11/202510/12/2025US$1.71
Dividend18/08/202510/09/2025US$1.71
Dividend16/05/202510/06/2025US$1.71
Dividend13/02/202510/03/2025US$1.71
Dividend15/11/202410/12/2024US$1.63
Dividend16/08/202410/09/2024US$1.63
Dividend15/05/202410/06/2024US$1.63
Dividend14/02/202411/03/2024US$1.63
Dividend15/11/202311/12/2023US$1.51
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend16/08/202311/09/2023US$1.51
Dividend17/05/202312/06/2023US$1.51
Dividend14/02/202310/03/2023US$1.51
Dividend16/11/202212/12/2022US$1.42
Dividend17/08/202212/09/2022US$1.42
Dividend17/05/202210/06/2022US$1.42
Dividend14/02/202210/03/2022US$1.42
Dividend16/11/202110/12/2021US$1.34
Dividend17/08/202110/09/2021US$1.34
Dividend17/05/202110/06/2021US$1.34
Dividend15/02/202110/03/2021US$1.29
Dividend16/11/202010/12/2020US$1.29
Dividend17/08/202010/09/2020US$1.29
Dividend15/05/202010/06/2020US$1.29
Dividend13/02/202010/03/2020US$1.29
Dividend14/11/201910/12/2019US$1.19
Dividend15/08/201910/09/2019US$1.19
Dividend15/05/201910/06/2019US$1.19
Dividend13/02/201911/03/2019US$1.19
Dividend14/11/201810/12/2018US$1.12
Dividend15/08/201810/09/2018US$1.12
Dividend16/05/201811/06/2018US$1.12
Dividend14/02/201812/03/2018US$1.12
Dividend15/11/201711/12/2017US$1.08
Dividend15/08/201711/09/2017US$1.08
Dividend16/05/201712/06/2017US$1.08
Dividend13/02/201710/03/2017US$1.08
Dividend15/11/201612/12/2016US$1.08

About Chevron

Sector
Manufacturing

Questions about CVX

How much is CVX today?

CVX is at US$204.21 (-0.08% on the day), last traded on 30/09/2026.

How much did CVX pay in dividends in 2025?

CVX paid US$6.84 per share in 2025, a dividend yield of 4.49%.

What are the P/E and P/B of CVX?

CVX trades at a P/E of 19.59 and a P/B of 2.12.

How much did CVX return in 12 months?

CVX returned 34.58% in 12 months, with annualised volatility of 30.71% and a largest drawdown of -19.15%.