The Dispatch • Est. 2026— — —
NYSE · Energy · Fiscal year endsFY ends December

Chevron Corporation

CVX
$226.00-1.77 (-0.78%)Today
52-week low $146.49high $236.48
4.4% below its 52-week high
Next earningsJan 28, 2027 · after the close
In its own words

Chevron Corporation, a Delaware corporation, manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to U.S. and international subsidiaries that engage in integrated energy and chemicals operations.

How Chevron Corporation describes itself at the start of the business section of its latest 10-K, lightly trimmed. The company's words, not The Dispatch's.Read the filing ↗
What stands out

Two facts from its filings

Facts, not a verdict · through FY25
+37%

Revenue is 37% higher than in 2015, and fell 7% in 2025 to $189.0B.

$12.1B

It spent $12.1B repurchasing its own shares in 2025, about 73% of its free cash flow.

Price
+46.7% over 1Y
Earnings releases (5 in this range, from its SEC filings)Next earnings Jan 28, 2027, after the closeDaily closes
Key numbers

The business in eight figures

Market value$446.5BShares × price
P/E21.7×Price ÷ last 12 months’ earnings
Revenue FY25$189.0B-7% on the year
Net margin FY256.5%Profit kept per dollar of sales
Gross margin FY2542.8%Up from 41.2%
Free cash flow FY25$16.6BCash left after investment (calculated)
Repurchases FY25$12.1BCash spent retiring its own shares
Avg volume8.3MShares traded a day, last 3 months