Stock research

Chevron Corporation (CVX) Stock Research

Chevron is a global integrated energy company spanning upstream production, refining, and chemicals.

For the fiscal year ended December 31, 2025, Chevron Corporation reported revenue of $189.0B and net income of $12.3B, with operating cash flow of $33.9B. Source: Form 10-K filed February 24, 2026

SEC data as of

Revenue
$189.0B
FY ending 2025-12-31
Net income
$12.3B
FY ending 2025-12-31
Diluted EPS
$6.63
Net margin
6.5%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Chevron

It is a major player in US shale and returns significant cash to shareholders through dividends and buybacks.

Exchange
NYSE: CVX
Sector
Energy
SEC industry
Petroleum Refining (SIC 2911)
Fiscal year end
December 31
Headquarters
Houston, Texas
Founded
1879

CVX key financials

Reported figures from Chevron Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$189.0B2025-01-01 – 2025-12-31SEC filing
Net income$12.3B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$33.9B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$6.632025-01-01 – 2025-12-31SEC filing
Net margin6.5%2025-01-01 – 2025-12-31SEC filing
Shares outstanding2.00BAs of 2026-02-06SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in CVX

Chevron Corporation sits in Energy. Oil and gas producers, refiners, and services — cash-flow machines when commodity prices are high, and a hedge against inflation and conflict. We have not yet written company-specific drivers for CVX; the forces that matter most for the sector are:

  • ◆Crude and natural-gas prices
  • ◆OPEC+ supply decisions
  • ◆Geopolitics and supply disruptions
  • ◆Capital discipline and shareholder returns

Key questions for the CVX thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does CVX's reported profit turn into cash?

Operating cash flow was $33.9B, 2.76 times net income of $12.3B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 24, 2026

How much of CVX's revenue is left as profit?

Net income was 6.5% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 24, 2026

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Congressional trading in CVX

PoliticianTrade dateTypeOwnerAmountSource
John Boozman2026-07-02PurchaseJoint$1,001 - $15,000Filing #4184cc9a-78e0-45f3-84f7-642011e6ff98
John Boozman2026-07-02PurchaseJoint$1,001 - $15,000Filing #4a558db2-e492-4e8f-8a28-7b703a5c8e08
David Taylor2026-06-15PurchaseSelf$1,001 - $15,000Filing #20034897
Alan Armstrong2026-03-27SaleSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
David Taylor2026-03-12SaleSelf$1,001 - $15,000Filing #20034207
David Taylor2026-03-11SaleSelf$1,001 - $15,000Filing #20034207
David Taylor2026-02-26SaleSelf$1,001 - $15,000Filing #20034138
Gilbert Cisneros2026-02-10PurchaseSelf$15,001 - $50,000Filing #20034144
Gilbert Cisneros2026-01-09SaleSelf$1,001 - $15,000Filing #20033983
Gilbert Cisneros2026-01-09SaleSelf$15,001 - $50,000Filing #20033983

All verified CVX congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

CVX — frequently asked questions

What does Chevron Corporation do?

Chevron is a global integrated energy company spanning upstream production, refining, and chemicals.

What were CVX's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Chevron Corporation reported revenue of $189.0B and net income of $12.3B, with operating cash flow of $33.9B. The figures come from Chevron Corporation's SEC XBRL filings.

When does Chevron Corporation's fiscal year end?

The SEC lists Chevron Corporation's fiscal year end as December 31.

Do members of Congress trade CVX?

The current verified House and Senate snapshot contains 39 transaction rows for CVX, each linked to the original filing.

Where is Chevron Corporation headquartered?

Chevron Corporation is headquartered in Houston, Texas and was founded in 1879.

Is CVX a good investment?

This page does not rate CVX as a buy or sell. It sets out what Chevron Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the CVX numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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