--- title: "Chevron Corporation: Metrics Guide" description: "Chevron Corporation revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/chevron-corporation/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Chevron Corporation: Financial & Operating Metrics Guide ## Direct Answer Chevron Corporation reported revenue of $189 billion for the fiscal year ended December 31, 2025, net income of $12.3 billion, according to its SEC filings. Revenue fell 6.8% from the prior year. ## What Are Chevron Corporation's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $189 billion | $203 billion | $201 billion | $246 billion | | Operating income | Not reported | Not reported | Not reported | Not reported | | Operating margin | n/a | n/a | n/a | n/a | | Net income | $12.3 billion | $17.7 billion | $21.4 billion | $35.5 billion | | Net margin | 6.5% | 8.7% | 10.6% | 14.4% | | Operating cash flow | $33.9 billion | $31.5 billion | $35.6 billion | $49.6 billion | | Capital expenditures | $17.3 billion | $16.4 billion | $15.8 billion | $12.0 billion | | Free cash flow | $16.6 billion | $15.0 billion | $19.8 billion | $37.6 billion | Free cash flow (operating cash flow minus capital expenditures) was $16.6 billion against net income of $12.3 billion; cash generation covered reported earnings. ![Bar chart of Chevron Corporation revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $189 billion and net income $12.3 billion.](https://www.getswoopr.com/images/charts/chevron-corporation-metrics-revenue-profit.webp) *Chevron Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Chevron Corporation net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 6.5%.](https://www.getswoopr.com/images/charts/chevron-corporation-metrics-margins.webp) *Chevron Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Chevron Corporation operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $33.9 billion, capital expenditures was $17.3 billion, free cash flow was $16.6 billion.](https://www.getswoopr.com/images/charts/chevron-corporation-metrics-cash-flow.webp) *Chevron Corporation operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Chevron Corporation's Balance Sheet Show? | Cash and cash equivalents | $7.3 billion | | --- | --- | | Long-term debt | $39.8 billion | | Total assets | $324 billion | | Total liabilities | $132 billion | | Shareholders' equity | $186 billion | | Current ratio | 1.2x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Chevron Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0000093410-26-000078 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Chevron Corporation's revenue in fiscal 2025? Chevron Corporation reported revenue of $189 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Chevron Corporation's operating margin? Chevron Corporation did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did Chevron Corporation generate? Operating cash flow of $33.9 billion less capital expenditures of $17.3 billion gives free cash flow of $16.6 billion for fiscal 2025. ## References - [SEC EDGAR: CHEVRON CORP Form 10-K filed February 24, 2026](https://www.sec.gov/Archives/edgar/data/93410/000009341026000078/cvx-20251231.htm) - [SEC EDGAR: CHEVRON CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=93410&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Chevron Corporation company dossier](https://www.getswoopr.com/stocks/companies/chevron-corporation/) - [Chevron Corporation financial metrics](https://www.getswoopr.com/stocks/companies/chevron-corporation/metrics/) - [Chevron Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/chevron-corporation/risks/) - [Chevron Corporation peer comparison](https://www.getswoopr.com/stocks/companies/chevron-corporation/competitors/) - [Chevron Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/chevron-corporation/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).