CVX

Chevron Corporation

Fundamental data last updated:July 22, 2026

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company profile

SECTOR

Energy

industry

Oil & Gas Integrated

Exchange

NYSE

County of HQ

US

Next Earnings Date

07/31/2026

Business Summary

Chevron Corporation functions as a global energy and chemicals powerhouse, orchestrating its diverse operations worldwide. The company's business is organized into two primary divisions: Upstream and Downstream. The Upstream segment focuses on the full lifecycle of crude oil and natural gas, from their initial exploration and development to production and subsequent transportation. This also encompasses the processing, liquefaction, transit, and regasification of liquefied natural gas (LNG), as well as pipeline transport of crude oil and the movement, storage, and sale of natural gas. Additionally, this segment manages a facility dedicated to converting natural gas into liquid fuels. In contrast, the Downstream segment is tasked with refining crude oil into a variety of petroleum products. Its activities include the merchandising of crude oil, refined goods, and lubricants, in addition to the creation and distribution of renewable fuels. This division is also responsible for moving crude oil and refined products using a range of methods, including pipelines, ships, motor vehicles, and rail cars. Furthermore, it produces and markets bulk petrochemicals, industrial-grade plastics, and additives for both fuels and lubricants. Beyond these core ventures, Chevron is also involved in financial management, debt financing, insurance underwriting, real estate development, and various technology-driven enterprises. Founded in 1879, the company operated as ChevronTexaco Corporation until it officially became Chevron Corporation in 2005. Its corporate headquarters are situated in San Ramon, California.

 


VALUATION

P/E

30.24

Market Cap ($M USD)

$334.79B

Forward P/E

11.90

PEG

0.08

PRICE TO SALES

1.80

PRICE TO BOOK

1.81

EV / EBITDA

9.04

5-Year Average P/E

Free Cash Flow Yield

3.99%

DCF Value

$173.37

Graham Number

$107.73

Price to FCF

25.04

EV to FCF

28.04

Earnings Yield

3.31%

FCF Yield

3.99%

DIVIDEND

Yield

4.15%

Annual Payout

$6.98

Payout Ratio

120.75%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$5.56

Next Year EPS Growth Estimate

$14.13

Next Year Revenue Growth Estimate

$219.32B

Return on Equity (ROE)

6.23%

FREE CASH FLOW

Operating Margin

8.40%

Debt-to-Equity

0.25

Piotroski F-Score

5

Altman Z-Score

3.08

Return on Invested Capital (ROIC)

5.43%

Current Ratio

1.09

Quick Ratio

0.84

Net Debt to EBITDA

0.97

Interest Coverage

11.57

Gross Profit margin

25.43%

FCF PER SHARE

$6.75

REVENUE PER SHARE

$93.88

Gainseekers Quantitative Analysis

Summary

Chevron’s current valuation paints a complex picture. The stock has traded below its DCF value, suggesting potential undervaluation, yet its Price/Earnings ratio is elevated, indicating high market expectations. The Forward P/E, however, is significantly lower, hinting at anticipated earnings growth. With an Altman Z-score of 3.08, Chevron appears financially stable, reducing bankruptcy risk. The earnings yield is modest, reflecting a cautious market sentiment despite robust fundamentals.

AI Exposure / Tech Reliance

In the energy sector, Chevron's adaptability to AI and tech advancements is crucial. As an integrated oil and gas giant, its ability to leverage AI for operational efficiency and predictive maintenance could enhance profitability. However, the industry's inherent capital intensity may slow rapid tech adoption.

The Bull Case

For value investors, Chevron offers compelling reasons to buy. The company boasts a strong ROIC, indicating efficient capital use, while a healthy FCF yield underscores its cash-generating prowess. A Piotroski F-Score of 5 suggests moderate financial strength, and solid operating margins reflect effective cost management. These metrics collectively highlight Chevron's pricing power and operational resilience.

The Bear Case

Despite its strengths, Chevron faces notable challenges. The Price/Book and Price/Sales ratios suggest the stock is not a bargain, potentially overvalued relative to its assets and revenue. The payout ratio exceeds 100%, raising concerns about dividend sustainability. Additionally, the stock's proximity to its 52-week high could indicate technical overextension, posing a risk for new investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$200.75

Institutional Ownership %

1-Year Beta

0.49

Insider Buying % (6 Mo)

Distance to 52-Week High

27.73%

Distance to 52-Week Low

12.86%

EARNINGS SURPRISE %

41.00%

50-DAY SMA

$183.66

200-DAY SMA

$172.47

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.