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Chevron CVX

$206.86
+$1.35 (+0.65%)
Market open · Sep 24, 2:00 pm ET
After hours $205.52 +0.00%
Open$207.23
Prev close$205.51
Day range$204.88 – $208.10
Volume5.68M
Market cap$408.70B
P/E (TTM)19.9
Dividend yield3.37%

Earnings

Average move on report day±2.4%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+3.3%
Worst reaction-6.7%

Stock move on the day after each report

-6.7%2023/Q3+2.9%2023/Q4+0.4%2024/Q1-2.7%2024/Q2+2.9%2024/Q3-4.6%2024/Q4+1.6%2025/Q1-0.2%2025/Q2+2.7%2025/Q3+3.3%2025/Q4-1.4%2026/Q1+2.4%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q231 Jul 2026–±6.7%+2.35%Within range
2026/Q11 May 2026–±7.5%-1.39%Within range
2025/Q430 Jan 2026–±5.1%+3.34%Within range
2025/Q331 Oct 2025–±4.4%+2.74%Within range
2025/Q21 Aug 2025–±7.0%-0.16%Within range
2025/Q12 May 2025–±6.7%+1.64%Within range
2024/Q431 Jan 2025Pre Market±5.7%-4.56%Within range
2024/Q31 Nov 2024–±6.6%+2.86%Within range
2024/Q22 Aug 2024–±6.1%-2.67%Within range
2024/Q126 Apr 2024Pre Market±5.5%+0.37%Within range
2023/Q42 Feb 2024Pre Market±5.0%+2.94%Within range
2023/Q327 Oct 2023Pre Market±5.7%-6.72%Bigger than priced
2023/Q228 Jul 2023Pre Market±4.9%-0.49%Within range
2021/Q329 Oct 2021–±3.5%+1.21%Within range
2021/Q230 Jul 2021–±3.5%-0.74%Within range
2021/Q130 Apr 2021–±3.6%-3.58%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Downstream$54.13B 61.0%
  • Upstream$34.49B 38.9%
  • All other$161.00M 0.2%

Latest reported quarter: Q2, ended Jun 2026

Revenue$67.20B+51.4% YoY
Operating profit$14.28B+251.9% YoY
Net profit$12.21B+385.6% YoY
Diluted EPS$6.11+321.4% YoY
Free cash flow$18.10B+272.0% YoY
Operating cash flow$22.63B

Revenue, last 8 quarters

$48.9BSep '24$48.3BDec '24$46.1BMar '25$44.4BJun '25$48.2BSep '25$45.8BDec '25$47.6BMar '26$67.2BJun '26

Net profit, last 8 quarters

$4.5BSep '24$3.3BDec '24$3.5BMar '25$2.5BJun '25$3.6BSep '25$2.8BDec '25$2.3BMar '26$12.2BJun '26

Profitability & balance sheet

Gross margin32.4%
Operating margin12.4%
Net margin9.9%
Return on equity12.2%
Return on assets7.1%
Return on invested capital10.7%
Current ratio1.25
Liabilities / assets40.8%
Cash & investments$8.53B
Total debt$37.08B
Net cash (debt)-$28.55B
Free cash flow / sales12.9%
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