Chevron Corporation
Explore Chevron
Core profile pages, annual revenue records, and related research hubs for this company.
Chevron Corporation
Explore Chevron
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$189.0B
Market Cap
$280.0B
Net Income
$12.3B
Employees
43,039
Chevron reported $189.031 billion in 2025 revenues and other income, down from $202.792 billion in 2024 and $200.949 billion in 2023. Net income attributable to Chevron was $12.299 billion in 2025, compared with $17.661 billion in 2024. The story is commodity exposure. Chevron can run disciplined operations, but realized prices, refining margins, impairments, project timing, and global demand still drive large swings in revenue and profit.
Revenue Trend Analysis
YoY Change
-6.8%
5-Year CAGR
+14.8%
Peak Year
2022
Trend
Mostly Growing
Chevron Corporation has reported revenue across 6 fiscal years, compounding at +14.8% annually over 5 years. The most recent year saw a 6.8% decline versus the prior year. Revenue peaked in 2022 at $246.3B. Out of 5 reported periods, 3 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $189.0B | $12.3B | -6.8% |
| FY2024 | $202.8B | — | +0.9% |
| FY2023 | $200.9B | — | -18.4% |
| FY2022 | $246.3B | — | +51.6% |
| FY2021 | $162.5B | — | +71.6% |
| FY2020 | $94.7B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Tied directly to the global price of crude oil, Chevron's massive revenue wildly fluctuates, routinely exceeding $200 billion annually during global energy booms.
Yes. Chevron is highly prized by Wall Street because it has increased its massive cash dividend payout for over 35 consecutive years, surviving multiple devastating global oil crashes.
In 2020, the price of oil literally went negative. Chevron survived by slashing its massive Capital Expenditure budget, taking on debt, and ruthlessly halting all stock buybacks, prioritizing the sacred dividend payout above all else.
Following Russia's invasion of Ukraine, global oil prices skyrocketed. Chevron reported a staggering, record-breaking $35.5 billion in net profit for 2022. This drew massive political fury from President Biden, who accused them of 'war profiteering' while Americans paid $5 for gas.
Because the transition to green energy makes building 30-year oil refineries risky, Chevron uses its massive cash piles to buy back its own stock (up to $75 billion authorized). This artificially boosts the stock price and rewards loyal investors without committing to massive new drilling.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Chevron Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/chevron/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Chevron Corporation reported $189B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/chevron/financials" target="_blank" rel="noopener">CorpDigest — Chevron Corporation financials</a></div>