Skip to content

CVX

S&P 500
Weak · 37/100

Chevron Corporation

Energy
Integrated Oil & Gas

$175.06

0.8%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 17.2% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$345.80B

P/E

31.31x

Forward P/E (est.)

44.72x

ROE

6.2%

Revenue Growth

-3.6%

EPS Growth

-34.0%

Profit Margin

5.9%

FCF Yield

12.1%

Debt / Equity

0.22x

ROIC

Interest Coverage

Current Ratio

1.09x

Dividend Yield

3.9%

Implied Growth (rev. DCF)

4.0%

Rating Score

37/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what CVX's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. CVX trades near $175.06, around its 50-day average ($187.00) and 200-day average ($171.79). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 38 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. CVX's is $4.47 (~2.6% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month CVX found buyers near $172.23 (support) and sellers near $194.16 (resistance); its 52-week range is $142.40–$214.71. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 2.1× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Chevron Corporation (CVX) is a mega-cap company in the Integrated Oil & Gas industry, part of the Energy sector of the S&P 500, with a market value around $345.80B.

In its latest reported year it generated about $184.43B in revenue and $12.30B in net profit.

Our model rates CVX Weak (37/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

4.3%

Revenue moved from $155.61B in 2021 to $184.43B in 2025, a 4.3% compound annual growth rate. The most recent year declined 3.6% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?

Profitability
Research

Gross Margin

42.0%

Operating Margin

8.9%

Net Margin

6.7%

ROE

6.2%

Chevron Corporation keeps about 5.9% of each sales dollar as net profit, with a 42.0% gross margin and 8.9% operating margin. Return on equity is 6.2%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$25.68B

Net Debt

$21.67B

Net Debt / EBITDA

Debt / Equity

0.22x

Leverage: debt-to-equity is 0.2x, with a current ratio of 1.1x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $25.68B of total debt against $4.01B of cash.

Cash Flow Analysis
Research

Operating CF

$33.94B

Free Cash Flow

$16.59B

FCF Margin

9.0%

In the latest year Chevron Corporation produced about $33.94B of operating cash flow and $16.59B of free cash flow after capital spending. That is a free-cash-flow yield of about 12.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

31.31x

P/S

1.94x

P/B

1.59x

EV / EBITDA

CVX trades at 31.3x trailing earnings (about 44.7x on estimated forward earnings), 1.9x sales, and 1.6x book value. Reverse-engineering today's price implies the market expects roughly 4.0% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
31.3xExpensive
Forward P/E
44.7xExpensive
P/S ratio
1.9xFair
Revenue growth
-3.6%Weak
EPS growth
-34.0%Weak
Gross margin
42.0%Average
Net margin
5.9%Weak
ROE
6.2%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How CVX stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.

In the Energy sector (21 S&P 500 companies), CVX ranks #20 of 21 by our overall rating. It trades at a premium versus the sector on earnings (31.3x P/E vs. 18.9x median) with a lower return on equity (6.2% vs. 14.8%) and slower revenue growth (-3.6% vs. -0.4%).

P/E vs sector

31.3x

median 18.9x

ROE vs sector

6.2%

median 14.8%

Growth vs sector

-3.6%

median -0.4%

Sector rank

#20

of 21 by rating

CompanyP/ERev Gr.Rating
CVXThis stock31.3x-3.6%Weak· 37
XOM22.4x-4.1%Neutral· 45
COP17.8x1.4%Neutral· 51
WMB32x10.7%Favorable· 59
VLO16.9x-2.8%Neutral· 57
SLB21.6x-0.4%Neutral· 48
MPC15.1x-0.9%Neutral· 53
KMI21.2x13.1%Favorable· 68
Energy median18.9x-0.4%53/100

Valuation vs. quality map

sector medianXOMCOPWMBVLOSLBMPCKMICVXP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Energy companies by sub-industry and size. Sector median is across all 21 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$142.78$232.96

vs. $175.06 today · expected CAGR -4%6%

Metric20262027202820292030
Revenue$189.96B$195.66B$201.53B$207.58B$213.81B
Net income$13.30B$13.70B$14.11B$14.53B$14.97B
EPS$6.68$6.88$7.08$7.30$7.51
Share price (low)$126.86$130.67$134.59$138.62$142.78
Share price (high)$206.98$213.19$219.59$226.17$232.96
CAGR (low–high)-28% / 18%-14% / 10%-8% / 8%-6% / 7%-4% / 6%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for CVX:

  • Healthy free-cash-flow yield (~12.1%) funds buybacks and dividends.
  • A conservative balance sheet (debt/equity 0.2x) lowers risk.
  • Pays a 3.9% dividend on top of any price gains.
Bear Case

The case against CVX:

  • Revenue growth is slow/negative (-3.6%), limiting the upside engine.
  • Our model's overall read is Weak (37/100).
Key Risks
Research

Valuation risk — at 31.3x earnings, disappointing results could compress the multiple.

Growth risk — sluggish revenue (-3.6%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: Chevron Corporation is a mega-cap energy business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 31.3x earnings, which our model scores Weak (37/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.