CHEVRON CORP
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 40,758 | 17.9 |
| Stockholders' equity | 186,450 | 82.1 |
| Total capitalization | 227,208 | 100.0 |
1,975,771,274 shares outstanding at 30 June 2026 (cover page of the 10-Q filed 6 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 39,781 |
| Long-term debt, noncurrent | 39,781 |
| Current maturities | 2,345 |
| Short-term borrowings / commercial paper | 977 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 6,000,000,000 |
| Common shares issued | 2,442,676,580 |
| Treasury shares | 448,260,458 |
| Par or stated value per share ($) | 0.75 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 6/30/26 | 1,975,771,274 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 6.84 | 103.2 |
| 2024 | 6.52 | 67.1 |
| 2023 | 6.04 | 53.2 |
| 2022 | 5.68 | 31.1 |
| 2021 | 5.31 | 65.2 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as CHEVRONTEXACO CORP (to 4 May 2005).
BUSINESS: Classified by the SEC under Standard Industrial Classification 2911, Petroleum Refining. Large accelerated filer. Principal executive office: 1400 Smith Street, Houston, TX 77002. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 184,432 | 193,414 | 196,913 |
| Cost of revenues | 108,214 | 119,206 | 119,196 |
| Research and development | 427 | 353 | 320 |
| Selling, general and administrative | 5,126 | 4,834 | 4,141 |
| Depreciation and amortization | 20,132 | 17,282 | 17,326 |
| Interest expense | 1,217 | 594 | 469 |
| Income before income taxes | 19,743 | 27,506 | 29,584 |
| Income taxes | 7,258 | 9,757 | 8,173 |
| Net income | 12,299 | 17,661 | 21,369 |
| Earned per share, diluted ($) | 6.63 | 9.72 | 11.36 |
| Dividends per share ($) | 6.84 | 6.52 | 6.04 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Receivables, net | 15,986 | 18,338 |
| Inventories | 9,711 | 9,074 |
| Total current assets | 38,552 | 40,911 |
| Property, plant and equipment, net | 219,729 | 147,799 |
| Goodwill | 4,568 | 4,578 |
| Total assets | 324,012 | 256,938 |
| Total current liabilities | 33,387 | 38,558 |
| Long-term debt | 39,781 | 20,135 |
| Total liabilities | 131,836 | 103,781 |
| Stockholders' equity | 186,450 | 152,318 |
| Total liabilities and equity | 324,012 | 256,938 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 189,031 | – | 12,299 | 6.5 | 6.63 | 6.84 | 33,939 | 17,347 | 16,592 | 324,012 | 131,836 | 40,758 | 186,450 | 6.6 | 0.22 |
| 12/31/24 | 202,792 | – | 17,661 | 8.7 | 9.72 | 6.52 | 31,492 | 16,448 | 15,044 | 256,938 | 103,781 | 24,541 | 152,318 | 11.6 | 0.16 |
| 12/31/23 | 200,949 | – | 21,369 | 10.6 | 11.36 | 6.04 | 35,609 | 15,829 | 19,780 | 261,632 | 99,703 | 20,836 | 160,957 | 13.3 | 0.13 |
| 12/31/22 | 246,252 | – | 35,465 | 14.4 | 18.28 | 5.68 | 49,602 | 11,974 | 37,628 | 257,709 | 97,467 | 23,339 | 159,282 | 22.3 | 0.15 |
| 12/31/21 | 162,465 | – | 15,625 | 9.6 | 8.14 | 5.31 | 29,187 | 8,056 | 21,131 | 239,535 | 99,595 | 25,932 | 139,067 | 11.2 | 0.19 |
| 12/31/20 | 94,692 | – | (5,543) | -5.9 | (2.96) | 5.16 | 10,577 | 8,922 | 1,655 | 239,790 | 107,064 | 27,224 | 131,688 | -4.2 | 0.21 |
| 12/31/19 | 146,516 | – | 2,924 | 2.0 | 1.54 | 4.76 | 27,314 | 14,116 | 13,198 | 237,428 | 92,220 | 22,012 | 144,213 | 2.0 | 0.15 |
| 12/31/18 | 166,339 | – | 14,824 | 8.9 | 7.74 | – | 30,618 | 13,792 | 16,826 | 253,863 | 98,221 | 29,456 | 154,554 | 9.6 | 0.19 |
| 12/31/17 | 141,722 | – | 9,195 | 6.5 | 4.85 | – | 20,338 | 13,404 | 6,934 | 253,806 | 104,487 | 35,426 | 148,124 | 6.2 | 0.24 |
| 12/31/16 | 114,472 | – | (497) | -0.4 | (0.27) | – | 12,690 | 18,109 | (5,419) | 260,078 | 113,356 | 43,330 | 145,556 | -0.3 | 0.30 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
CHEVRON CORP
CIK 93410 · EIN 94-0890210
PRINCIPAL OFFICE:
1400 Smith Street, Houston, TX 77002
Tel.: 832-854-1000
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
2911 · Petroleum Refining
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 24 February 2026
FORMER NAMES:
CHEVRONTEXACO CORP
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/24/26) · 10-K FY2024 (filed 2/21/25) · 10-K FY2023 (filed 2/26/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/24/22) · 10-K FY2020 (filed 2/25/21) · 10-K FY2019 (filed 2/21/20) · 10-K FY2018 (filed 2/22/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.