Chevron EBITDA Margin Growth & History (CVX)
Chevron's ebitda margin was 19.13% for fiscal 2025.
View full Chevron company overviewChevron annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.13% | +0.82 pp |
| 2024 | 2024-12-31 | 18.31% | −3.47 pp |
| 2023 | 2023-12-31 | 21.77% | −1.75 pp |
| 2022 | 2022-12-31 | 23.53% | +2.51 pp |
| 2021 | 2021-12-31 | 21.02% | +8.49 pp |
| 2020 | 2020-12-31 | 12.53% | −7.57 pp |
| 2019 | 2019-12-31 | 20.09% | −0.40 pp |
| 2018 | 2018-12-31 | 20.49% | +4.51 pp |
| 2017 | 2017-12-31 | 15.98% | +4.15 pp |
| 2016 | 2016-12-31 | 11.83% | −6.86 pp |
| 2015 | 2015-12-31 | 18.69% | −3.95 pp |
| 2014 | 2014-12-31 | 22.64% | +0.75 pp |
| 2013 | 2013-12-31 | 21.89% | −2.81 pp |
| 2012 | 2012-12-31 | 24.70% | +0.83 pp |
| 2011 | 2011-12-31 | 23.86% | +1.85 pp |
| 2010 | 2010-12-31 | 22.02% | +4.17 pp |
| 2009 | 2009-12-31 | 17.85% | −1.41 pp |
| 2008 | 2008-12-31 | 19.26% | +0.71 pp |
| 2007 | 2007-12-31 | 18.55% | — |
Chevron quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 29.63% | +11.50 pp |
| Q1 2026 | 2026-03-31 | 18.30% | +0.52 pp |
| Q4 2025 | 2025-12-31 | 20.52% | +5.75 pp |
| Q3 2025 | 2025-09-30 | 20.01% | +1.70 pp |
| Q2 2025 | 2025-06-30 | 18.13% | −0.90 pp |
| Q1 2025 | 2025-03-31 | 17.78% | −3.42 pp |
| Q4 2024 | 2024-12-31 | 14.77% | −8.72 pp |
| Q3 2024 | 2024-09-30 | 18.31% | −2.11 pp |
| Q2 2024 | 2024-06-30 | 19.03% | −1.47 pp |
| Q1 2024 | 2024-03-31 | 21.20% | −1.51 pp |
| Q4 2023 | 2023-12-31 | 23.50% | +0.35 pp |
| Q3 2023 | 2023-09-30 | 20.42% | −4.57 pp |
| Q2 2023 | 2023-06-30 | 20.50% | −4.46 pp |
| Q1 2023 | 2023-03-31 | 22.71% | +2.36 pp |
| Q4 2022 | 2022-12-31 | 23.15% | +2.37 pp |
| Q3 2022 | 2022-09-30 | 25.00% | +1.02 pp |
| Q2 2022 | 2022-06-30 | 24.95% | +4.29 pp |
| Q1 2022 | 2022-03-31 | 20.36% | +2.63 pp |
| Q4 2021 | 2021-12-31 | 20.78% | +8.20 pp |
| Q3 2021 | 2021-09-30 | 23.97% | +9.31 pp |
| Q2 2021 | 2021-06-30 | 20.67% | +29.76 pp |
| Q1 2021 | 2021-03-31 | 17.73% | −4.61 pp |
| Q4 2020 | 2020-12-31 | 12.58% | −5.49 pp |
| Q3 2020 | 2020-09-30 | 14.66% | −5.67 pp |
| Q2 2020 | 2020-06-30 | −9.09% | −30.41 pp |
| Q1 2020 | 2020-03-31 | 22.34% | +1.75 pp |
| Q4 2019 | 2019-12-31 | 18.07% | −2.10 pp |
| Q3 2019 | 2019-09-30 | 20.34% | −1.51 pp |
| Q2 2019 | 2019-06-30 | 21.31% | +2.40 pp |
| Q1 2019 | 2019-03-31 | 20.59% | −0.44 pp |
| Q4 2018 | 2018-12-31 | 20.17% | +11.23 pp |
| Q3 2018 | 2018-09-30 | 21.84% | +5.75 pp |
| Q2 2018 | 2018-06-30 | 18.91% | +1.69 pp |
| Q1 2018 | 2018-03-31 | 21.04% | −0.88 pp |
| Q4 2017 | 2017-12-31 | 8.94% | +7.26 pp |
| Q3 2017 | 2017-09-30 | 16.09% | −1.29 pp |
| Q2 2017 | 2017-06-30 | 17.22% | +1.34 pp |
| Q1 2017 | 2017-03-31 | 21.91% | +10.48 pp |
| Q4 2016 | 2016-12-31 | 1.68% | −9.23 pp |
| Q3 2016 | 2016-09-30 | 17.38% | −3.17 pp |
| Q2 2016 | 2016-06-30 | 15.88% | −4.74 pp |
| Q1 2016 | 2016-03-31 | 11.43% | −9.74 pp |
| Q4 2015 | 2015-12-31 | 10.91% | −11.35 pp |
| Q3 2015 | 2015-09-30 | 20.55% | −2.88 pp |
| Q2 2015 | 2015-06-30 | 20.62% | −1.59 pp |
| Q1 2015 | 2015-03-31 | 21.17% | −1.47 pp |
| Q4 2014 | 2014-12-31 | 22.26% | +1.18 pp |
| Q3 2014 | 2014-09-30 | 23.43% | +2.08 pp |
| Q2 2014 | 2014-06-30 | 22.21% | +1.29 pp |
| Q1 2014 | 2014-03-31 | 22.64% | −1.59 pp |
| Q4 2013 | 2013-12-31 | 21.07% | −4.58 pp |
| Q3 2013 | 2013-09-30 | 21.35% | −1.56 pp |
| Q2 2013 | 2013-06-30 | 20.92% | −4.06 pp |
| Q1 2013 | 2013-03-31 | 24.22% | −0.94 pp |
| Q4 2012 | 2012-12-31 | 25.65% | +3.51 pp |
| Q3 2012 | 2012-09-30 | 22.92% | −2.78 pp |
| Q2 2012 | 2012-06-30 | 24.98% | +1.10 pp |
| Q1 2012 | 2012-03-31 | 25.16% | +1.55 pp |
| Q4 2011 | 2011-12-31 | 22.14% | −0.46 pp |
| Q3 2011 | 2011-09-30 | 25.69% | +5.03 pp |
| Q2 2011 | 2011-06-30 | 23.88% | +1.41 pp |
| Q1 2011 | 2011-03-31 | 23.61% | +1.34 pp |
| Q4 2010 | 2010-12-31 | 22.59% | +4.15 pp |
| Q3 2010 | 2010-09-30 | 20.66% | +0.98 pp |
| Q2 2010 | 2010-06-30 | 22.46% | +6.43 pp |
| Q1 2010 | 2010-03-31 | 22.28% | +5.56 pp |
| Q4 2009 | 2009-12-31 | 18.44% | −3.32 pp |
| Q3 2009 | 2009-09-30 | 19.68% | −1.61 pp |
| Q2 2009 | 2009-06-30 | 16.03% | −0.89 pp |
| Q1 2009 | 2009-03-31 | 16.72% | −1.36 pp |
| Q4 2008 | 2008-12-31 | 21.76% | — |
| Q3 2008 | 2008-09-30 | 21.29% | — |
| Q2 2008 | 2008-06-30 | 16.92% | — |
| Q1 2008 | 2008-03-31 | 18.08% | — |
Chevron ebitda margin trends
Over the last five fiscal years, Chevron's ebitda margin increased from 12.53% to 19.13%, a change of +6.60 percentage points. The latest reported quarter, Q2 2026, shows 29.63%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Chevron source filings ↗Community posts
Chevron plans to fund Venezuela expansion from local venture cash
Chevron ($CVX) plans to fund its proposed $7 billion expansion in Venezuela entirely from cash generated by its existing local joint ventures, rather than bringing in outside cash, its chief executive told an energy conference. The expansio ...