CVX Chevron Corporation

XNYS Up Alert

Energy

· How we analyze

About the company

Chevron is an oil company based in Texas. It produces oil and gas in the US, Australia, Kazakhstan and other countries, runs refineries and gas stations and makes lubricants and chemicals. The acquisition of Hess added a stake in oil fields off Guyana. As of Oct 13, 2026

Fact sheet (from the annual report) Petroleum refining · Houston, USA

Through subsidiaries and affiliates, Chevron operates in integrated energy and chemicals businesses. Production (upstream) mainly comprises exploration, development, production and transport of crude oil and natural gas as well as liquefaction and transport of liquefied natural gas (LNG). Processing and marketing (downstream) mainly comprise refining crude oil into petroleum products and making renewable fuels and commodity petrochemicals. It has its own refineries in Pasadena and Pascagoula, among other places, and also holds stakes in refineries in Singapore, South Korea and Thailand. The group markets petroleum products under several main brands in many parts of the world and also holds a stake in Chevron Phillips Chemical (CPChem).

Automatically summarized from SEC annual report (10-K, filed Feb 24, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026

What the methods say about Chevron

Calculated automatically by fixed rules – not investment advice, check for yourself. How we analyze

Price performance at a glance

Last 30 trading days
  • Today −0.5%
  • 7 days +3.4%
  • 30 days +13.5%
  • 1 year +49.2%
Day range (last trading day)
−0.6%Price at 42% of the range+0.9%
52-week range
−36.9%Price at 98% of the range+0.9%
Distance from the all-time high
−0.9%

Our own calculation from the exchange’s daily candles, as of Oct 26, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.

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Symbol on TradingView: NYSE:CVX

Fundamental analysis

Chevron Corporation · Sector Energy · amounts in USD

Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 24, 2026.

Quality checks

Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.

Fiscal year to Dec 31, 2025

Quality Profitability, consistency, balance sheet · 2 without data 3 of 6 criteria met Growth Revenue and earnings per share · 1 without data 1 of 6 criteria met Dividend Level, consistency, coverage 6 of 7 criteria met Financial strength Piotroski, debt, liquidity 5 of 6 criteria met

Quality 3 of 6 met · 2 without data

  • no data: Gross margin above 40% not meaningful for energy companies
  • no data: Operating margin above 15% not stated in the SEC filings
  • not met: Net margin above 10% 6.5%
  • not met: Return on equity above 15% 6.6%
  • not met: Free cash flow margin above 10% 8.8%
  • met: Profit in each of the last 5 fiscal years 5 of 5
  • met: Free cash flow positive in each of the last 3 fiscal years 3 of 3
  • met: Equity ratio above 30% 57.5%
Net margin

6.5% Fiscal year 2025

Rank 28 of 100: higher than 28% of 237 peers (All). weak.

Rank 50 of 100: higher than 50% of 9 peers (Sector). medium.

Median Energy: 6.5%

Profit after all costs, interest and taxes divided by revenue.

Return on equity

6.6% Fiscal year 2025

Rank 23 of 100: higher than 23% of 218 peers (All). weak.

Rank 17 of 100: higher than 17% of 9 peers (Sector). weak.

Median Energy: 12.4%

Net income divided by equity at fiscal year end.

Return on assets

3.8% Fiscal year 2025 (total assets at year end)

Rank 35 of 100: higher than 35% of 238 peers (All). medium.

Rank 17 of 100: higher than 17% of 9 peers (Sector). weak.

Median Energy: 4.8%

Net income divided by total assets at fiscal year end.

Equity ratio

57.5% Fiscal year 2025

Rank 78 of 100: higher than 78% of 239 peers (All). strong.

Rank 72 of 100: higher than 72% of 9 peers (Sector). strong.

Median Energy: 40.9%

Equity as a share of total assets. Usually low for banks.

Free cash flow margin

8.8% Fiscal year 2025

Rank 37 of 100: higher than 37% of 213 peers (All). medium.

Rank 70 of 100: higher than 70% of 5 peers (Sector). strong.

Median Energy: 8.4%

Free cash flow divided by revenue.

Free cash flow

16.6B USD Fiscal year 2025

Operating cash flow minus capital expenditure on property and equipment.

Growth 1 of 6 met · 1 without data

  • not met: Over 3 years, revenue grew by more than 5% per year −8.4%
  • met: Over 5 years, revenue grew by more than 5% per year +14.8%
  • not met: Over 10 years, revenue grew by more than 5% per year +3.2%
  • not met: Over 3 years, EPS grew by more than 5% per year −28.7%
  • no data: Over 5 years, EPS grew by more than 5% per year not computable (loss in the first or last year, or figures missing)
  • not met: Revenue rose in at least 4 of the last 5 fiscal years 3 of 5
  • not met: Revenue rose in the last fiscal year −6.8%
Revenue growth 3 years

−8.4% per year

Rank 6 of 100: higher than 6% of 230 peers (All). weak.

Rank 39 of 100: higher than 39% of 9 peers (Sector). medium.

Median Energy: −8.2%

Average growth per year over 3 fiscal years.

Revenue growth 5 years

+14.8% per year

Rank 65 of 100: higher than 65% of 217 peers (All). medium.

Rank 61 of 100: higher than 61% of 9 peers (Sector). medium.

Median Energy: +13.7%

Average growth per year over 5 fiscal years.

Revenue growth 10 years

+3.2% per year

Rank 26 of 100: higher than 26% of 157 peers (All). weak.

Rank 44 of 100: higher than 44% of 8 peers (Sector). medium.

Median Energy: +4.1%

Average growth per year over 10 fiscal years.

EPS growth 3 years

−28.7% per year

Rank 5 of 100: higher than 5% of 157 peers (All). weak.

Rank 19 of 100: higher than 19% of 8 peers (Sector). weak.

Median Energy: −22.4%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 10 years

+10.5% per year

Rank 52 of 100: higher than 52% of 140 peers (All). medium.

Rank 90 of 100: higher than 90% of 5 peers (Sector). strong.

Median Energy: +5.7%

Growth of earnings per share per year, adjusted for stock splits.

Dividend 6 of 7 met

  • met: Pays a dividend 6.84 USD
  • not met: Payout ratio at most 60% of earnings 103%
  • met: Dividend paid in each of the last 5 fiscal years 5 of 5
  • met: Dividend per share never lowered in the last 5 fiscal years Dividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut. never
  • met: Dividend per share higher than 5 years ago +5.8%
  • met: Free cash flow per share covers the dividend 1.3x
  • met: Dividends paid over the last 5 years covered by free cash flow 52% of free cash flow
Payout ratio

103% Fiscal year 2025

Dividend per share divided by earnings per share.

Dividend growth 5 years

+5.8% per year

Rank 28 of 100: higher than 28% of 118 peers (All). weak.

Rank 56 of 100: higher than 56% of 8 peers (Sector). medium.

Median Energy: +5.7%

Growth of the dividend per share per year.

Free cash flow coverage

1.3x Fiscal year 2025

Free cash flow per share divided by dividend per share. From 1x the dividend is covered.

Financial strength 5 of 6 met

  • not met: Piotroski F-Score at least 7 of 9 5 of 9
  • met: Long-term debt no higher than equity 0.21
  • met: Current assets cover current liabilities 1.15
  • met: Positive equity 186.5B USD
  • met: In 5 years, share count up by at most 5% −0.7%
  • met: Free cash flow positive in the last fiscal year 16.6B USD
Piotroski F-Score

5 of 9 Fiscal year 2025

Rank 21 of 100: higher than 21% of 134 peers (All). weak.

Rank 20 of 100: higher than 20% of 5 peers (Sector). weak.

Median Energy: 6.0 of 9

Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.

Debt / equity

0.21 at fiscal year end

Rank 78 of 100: lower than 78% of 199 peers (All). strong.

Rank 83 of 100: lower than 83% of 9 peers (Sector). strong.

Median Energy: 0.35

Long-term financial debt divided by equity.

Liquidity (current ratio)

1.15 at fiscal year end

Rank 37 of 100: higher than 37% of 215 peers (All). medium.

Rank 28 of 100: higher than 28% of 9 peers (Sector). weak.

Median Energy: 1.26

Current assets divided by current liabilities.

Change in share count

−0.7% in 5 years

Rank 47 of 100: lower than 47% of 199 peers (All). medium.

Rank 36 of 100: lower than 36% of 7 peers (Sector). medium.

Median Energy: −5.7%

Change in diluted share count. Negative = share buybacks, positive = new shares.

The 9 criteria of the Piotroski F-Score
  • met: Profit in the last fiscal year (positive return on assets)
  • met: Positive operating cash flow
  • not met: Return on assets higher than the prior year
  • met: Operating cash flow higher than net income
  • not met: Long-term debt relative to total assets fell
  • met: Liquidity (current assets / current liabilities) rose
  • not met: No additional shares (diluted share count did not rise)
  • met: Gross margin higher than the prior year
  • not met: Revenue relative to total assets higher than the prior year

Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.

Price-based criteria (P/E, dividend yield) are shown to signed-in users.

Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.

In short

  • Light green: Revenue grew over 5 years (+14.8% per year), at least as fast as the sector median.
  • Light yellow: Net margin 6.5%, below the sector median (11.0%).
  • Light green: Debt not higher than usual in the sector.
  • Light red: Profit in 8 of 10 fiscal years.
  • Light red: Dividend higher than earnings.

Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.

RevenueNet income Net margin (below) in USD
  1. Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 114.5B USD · Net income −497.0M USD · Net margin −0.4%
  2. Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 141.7B USD · Net income 9.2B USD · Net margin 6.5%
  3. Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 166.3B USD · Net income 14.8B USD · Net margin 8.9%
  4. Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 146.5B USD · Net income 2.9B USD · Net margin 2.0%
  5. Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 94.7B USD · Net income −5.5B USD · Net margin −5.9%
  6. Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 162.5B USD · Net income 15.6B USD · Net margin 9.6%
  7. Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 246.3B USD · Net income 35.5B USD · Net margin 14.4%
  8. Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 200.9B USD · Net income 21.4B USD · Net margin 10.6%
  9. Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 202.8B USD · Net income 17.7B USD · Net margin 8.7%
  10. Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 189.0B USD · Net income 12.3B USD · Net margin 6.5%

Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 189.0B USD · Net income 12.3B USD · Net margin 6.5%

Figures over time

Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.

Money flow in fiscal year 2025

Of 100 USD of revenue, 6.5 USD net income remained.

Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
ItemAmountof revenue
Revenue189.0B USD100.0%
Net income12.3B USD6.5%
Research & development427.0M USD0.2%
Interest expense1.2B USD0.6%
Taxes7.3B USD3.8%
Remaining costs & other167.8B USD88.8%

Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.

Margins

The net margin rose in 5 years from −5.9% to 6.5%.

Net margin
  1. Fiscal year 2016: Net margin −0.4%
  2. Fiscal year 2017: Net margin 6.5%
  3. Fiscal year 2018: Net margin 8.9%
  4. Fiscal year 2019: Net margin 2.0%
  5. Fiscal year 2020: Net margin −5.9%
  6. Fiscal year 2021: Net margin 9.6%
  7. Fiscal year 2022: Net margin 14.4%
  8. Fiscal year 2023: Net margin 10.6%
  9. Fiscal year 2024: Net margin 8.7%
  10. Fiscal year 2025: Net margin 6.5%

Returns

Return on equity rose in 5 years from −4.2% to 6.6%.

Return on equityReturn on assets
  1. Fiscal year 2016: Return on equity −0.3% · Return on assets −0.2%
  2. Fiscal year 2017: Return on equity 6.2% · Return on assets 3.6%
  3. Fiscal year 2018: Return on equity 9.6% · Return on assets 5.8%
  4. Fiscal year 2019: Return on equity 2.0% · Return on assets 1.2%
  5. Fiscal year 2020: Return on equity −4.2% · Return on assets −2.3%
  6. Fiscal year 2021: Return on equity 11.2% · Return on assets 6.5%
  7. Fiscal year 2022: Return on equity 22.3% · Return on assets 13.8%
  8. Fiscal year 2023: Return on equity 13.3% · Return on assets 8.2%
  9. Fiscal year 2024: Return on equity 11.6% · Return on assets 6.9%
  10. Fiscal year 2025: Return on equity 6.6% · Return on assets 3.8%

Equity and long-term debt

The equity ratio rose in 5 years from 54.9% to 57.5%.

EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases. Definition changes: some years use a different debt tag.
  1. Fiscal year 2016: Equity 145.6B USD · Long-term debt 32.5B USD
  2. Fiscal year 2017: Equity 148.1B USD · Long-term debt 33.6B USD
  3. Fiscal year 2018: Equity 154.6B USD · Long-term debt 28.7B USD
  4. Fiscal year 2019: Equity 144.2B USD · Long-term debt 23.7B USD
  5. Fiscal year 2020: Equity 131.7B USD · Long-term debt 42.8B USD
  6. Fiscal year 2021: Equity 139.1B USD · Long-term debt 31.1B USD
  7. Fiscal year 2022: Equity 159.3B USD · Long-term debt 21.4B USD
  8. Fiscal year 2023: Equity 161.0B USD · Long-term debt 20.3B USD
  9. Fiscal year 2024: Equity 152.3B USD · Long-term debt 20.1B USD
  10. Fiscal year 2025: Equity 186.5B USD · Long-term debt 39.8B USD

Liquidity (current ratio)

The current ratio stayed roughly the same in 5 years (1.15).

Current ratio
  1. Fiscal year 2016: Current ratio 0.93
  2. Fiscal year 2017: Current ratio 1.03
  3. Fiscal year 2018: Current ratio 1.25
  4. Fiscal year 2019: Current ratio 1.07
  5. Fiscal year 2020: Current ratio 1.18
  6. Fiscal year 2021: Current ratio 1.26
  7. Fiscal year 2022: Current ratio 1.47
  8. Fiscal year 2023: Current ratio 1.27
  9. Fiscal year 2024: Current ratio 1.06
  10. Fiscal year 2025: Current ratio 1.15

Cash flow

Free cash flow rose in 5 years from 1.7B USD to 16.6B USD.

Operating cash flowCapital expenditureFree cash flow in USD
  1. Fiscal year 2016: Operating cash flow 12.8B USD · Capital expenditure 18.1B USD · Free cash flow −5.3B USD
  2. Fiscal year 2017: Operating cash flow 20.5B USD · Capital expenditure 13.4B USD · Free cash flow 7.1B USD
  3. Fiscal year 2018: Operating cash flow 30.6B USD · Capital expenditure 13.8B USD · Free cash flow 16.8B USD
  4. Fiscal year 2019: Operating cash flow 27.3B USD · Capital expenditure 14.1B USD · Free cash flow 13.2B USD
  5. Fiscal year 2020: Operating cash flow 10.6B USD · Capital expenditure 8.9B USD · Free cash flow 1.7B USD
  6. Fiscal year 2021: Operating cash flow 29.2B USD · Capital expenditure 8.1B USD · Free cash flow 21.1B USD
  7. Fiscal year 2022: Operating cash flow 49.6B USD · Capital expenditure 12.0B USD · Free cash flow 37.6B USD
  8. Fiscal year 2023: Operating cash flow 35.6B USD · Capital expenditure 15.8B USD · Free cash flow 19.8B USD
  9. Fiscal year 2024: Operating cash flow 31.5B USD · Capital expenditure 16.4B USD · Free cash flow 15.0B USD
  10. Fiscal year 2025: Operating cash flow 33.9B USD · Capital expenditure 17.3B USD · Free cash flow 16.6B USD

Share count

The share count stayed roughly the same in 5 years.

Diluted share count
  1. Fiscal year 2016: Diluted share count 1.9B
  2. Fiscal year 2017: Diluted share count 1.9B
  3. Fiscal year 2018: Diluted share count 1.9B
  4. Fiscal year 2019: Diluted share count 1.9B
  5. Fiscal year 2020: Diluted share count 1.9B
  6. Fiscal year 2021: Diluted share count 1.9B
  7. Fiscal year 2022: Diluted share count 1.9B
  8. Fiscal year 2023: Diluted share count 1.9B
  9. Fiscal year 2024: Diluted share count 1.8B
  10. Fiscal year 2025: Diluted share count 1.9B

For energy companies the gross margin is not meaningful and is therefore omitted.

From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.

Dividends and share repurchases

How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.

Dividend per share
6.84 USD · Fiscal year 2025
Dividend growth per year
3 y +6.4%5 y +5.8%10 y –
Years without a cut
at least 6 as far as the data goes
Payout ratio
of earnings 103% of free cash flow 77%
To shareholders (5 years)
111.9B USD 49% through repurchases
Share count over 5 years
−0.7% roughly unchanged

Dividend per share

The dividend per share rose in 5 years from 5.16 USD to 6.84 USD.

Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden.
  1. Fiscal year 2016: Dividend per share not available
  2. Fiscal year 2017: Dividend per share not available
  3. Fiscal year 2018: Dividend per share not available
  4. Fiscal year 2019: Dividend per share 4.76 USD
  5. Fiscal year 2020: Dividend per share 5.16 USD
  6. Fiscal year 2021: Dividend per share 5.31 USD
  7. Fiscal year 2022: Dividend per share 5.68 USD
  8. Fiscal year 2023: Dividend per share 6.04 USD
  9. Fiscal year 2024: Dividend per share 6.52 USD
  10. Fiscal year 2025: Dividend per share 6.84 USD

Payout ratios

The payout ratio rose in 4 years from 65.2% to 103.2%.

Payout ratio (earnings)Payout ratio (free cash flow) Ratios above 500% hidden (earnings or free cash flow close to zero).
  1. Fiscal year 2016: Payout ratio (earnings) not available · Payout ratio (free cash flow) not available
  2. Fiscal year 2017: Payout ratio (earnings) not available · Payout ratio (free cash flow) 114.4%
  3. Fiscal year 2018: Payout ratio (earnings) not available · Payout ratio (free cash flow) 50.5%
  4. Fiscal year 2019: Payout ratio (earnings) 309.1% · Payout ratio (free cash flow) 67.9%
  5. Fiscal year 2020: Payout ratio (earnings) not available · Payout ratio (free cash flow) not available
  6. Fiscal year 2021: Payout ratio (earnings) 65.2% · Payout ratio (free cash flow) 48.2%
  7. Fiscal year 2022: Payout ratio (earnings) 31.1% · Payout ratio (free cash flow) 29.1%
  8. Fiscal year 2023: Payout ratio (earnings) 53.2% · Payout ratio (free cash flow) 57.3%
  9. Fiscal year 2024: Payout ratio (earnings) 67.1% · Payout ratio (free cash flow) 78.4%
  10. Fiscal year 2025: Payout ratio (earnings) 103.2% · Payout ratio (free cash flow) 76.9%

What goes back to shareholders

Over 5 years, 111.9B USD went back to shareholders, 49% of it through share repurchases. That is 102% of the free cash flow of those years.

Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USD
  1. Fiscal year 2016: Dividends paid 8.0B USD · Share repurchases 2.0M USD · New shares issued (including employee plans) not available · Free cash flow −5.3B USD
  2. Fiscal year 2017: Dividends paid 8.1B USD · Share repurchases 1.0M USD · New shares issued (including employee plans) not available · Free cash flow 7.1B USD
  3. Fiscal year 2018: Dividends paid 8.5B USD · Share repurchases 1.8B USD · New shares issued (including employee plans) not available · Free cash flow 16.8B USD
  4. Fiscal year 2019: Dividends paid 9.0B USD · Share repurchases 4.0B USD · New shares issued (including employee plans) not available · Free cash flow 13.2B USD
  5. Fiscal year 2020: Dividends paid 9.7B USD · Share repurchases 1.8B USD · New shares issued (including employee plans) not available · Free cash flow 1.7B USD
  6. Fiscal year 2021: Dividends paid 10.2B USD · Share repurchases 1.4B USD · New shares issued (including employee plans) not available · Free cash flow 21.1B USD
  7. Fiscal year 2022: Dividends paid 11.0B USD · Share repurchases 11.3B USD · New shares issued (including employee plans) not available · Free cash flow 37.6B USD
  8. Fiscal year 2023: Dividends paid 11.3B USD · Share repurchases 14.9B USD · New shares issued (including employee plans) not available · Free cash flow 19.8B USD
  9. Fiscal year 2024: Dividends paid 11.8B USD · Share repurchases 15.2B USD · New shares issued (including employee plans) not available · Free cash flow 15.0B USD
  10. Fiscal year 2025: Dividends paid 12.8B USD · Share repurchases 12.1B USD · New shares issued (including employee plans) not available · Free cash flow 16.6B USD

Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.

Valuation over time

Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.

Sector comparison

Chevron Corporation next to 8 stocks of the sector Energy we cover that are closest in revenue. Click a column header to sort the table.

Sector comparison CVX, sector Energy; last row: sector median
Symbol Revenue (FY) Growth 5 yrsGross marginOp. marginNet marginROEEquity ratioFCF marginPiotroski
XOM ExxonMobil 332.2B USD +12.9%––8.7%11.1%57.8%7.1%–
BP BP (ADR) 192.5B USD +1.0%–6.6%0.0%0.1%19.0%––
CVX Chevron Corporation this stock 189.0B USD +14.8%––6.5%6.6%57.5%8.8%5/9
MPC Marathon Petroleum 132.7B USD +13.7%–6.2%3.0%23.4%20.6%3.6%8/9
PSX Phillips 66 132.4B USD +15.6%––3.3%15.1%39.5%–7/9
VLO Valero Energy 122.7B USD +13.6%–2.6%1.9%9.9%40.9%–6/9
COP ConocoPhillips 58.9B USD +25.1%––13.6%12.4%52.9%–5/9
EOG EOG Resources 22.6B USD +15.5%–28.2%22.0%16.7%57.6%42.3%–
WMB Williams Companies 12.0B USD +9.1%–35.1%21.9%20.4%21.9%8.4%–
Median of the sector 9 symbols 132.4B USD +13.7%–6.6%6.5%12.4%40.9%8.4%6/9

Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).

Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.

Key figures with traffic lights

Each light follows a simple, disclosed rule. The comparison is with the sector median of all 22 symbols in the Energy sector on our list (current members of the S&P 500 and other lists).

Revenue growth

Light green: above sector

+14.8% per year, last 5 years

Sector Energy: median +14.8% (21 symbols)

What does this mean? Revenue: over 5 years it grew by 14.8% per year on average – at least as fast as the median company in the sector (+14.8%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net income (total)

Light gray: not computable

– per year, last 5 years

per share: not computable (loss in the first or last year)

What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net margin

Light yellow: below sector

6.5% last fiscal year

Sector Energy: median 11.0% (21 symbols)

What does this mean? Of every 100 USD in revenue, 6.51 USD remained as profit – less than the median company in the sector (11.0%). Five years ago the margin was −5.9%.

Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.

Debt / equity

Light green: lower than sector

0.19 latest balance sheet

Sector Energy: median 0.43 (21 symbols)

What does this mean? For every 1 USD of equity there is 0.19 USD of financial debt – no more than the median company in the sector (0.43). More debt amplifies good and bad years alike.

Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.

Payout ratio

Light red: above earnings

103% Dividend / earnings per share

Sector Energy: median 55% (16 symbols)

What does this mean? The payout was higher than the earnings per share; it is paid from cash flow, from reserves or with new debt. Median company in the sector: 55%.

Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.

Profitable years

Light red: 2 loss years

8 of 10 fiscal years with a profit

What does this mean? In 8 of the last 10 fiscal years the bottom line showed a profit. 2 years ended with a loss.

Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).

Last fiscal year and 13F

Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
189.0B USD
Revenue vs. prior year
−6.8%
Net income (FY)
12.3B USD
Net income vs. prior year
−30.4%
EPS (FY)
6.63 USD
13F funds with a position
3 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
−0.6%
Fiscal year to Dec 31, 2025 · 10-K filed Feb 24, 2026 · Balance sheet Jun 30, 2026 (filed Aug 6, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term). 13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
YearEndRevenueNet income MarginEarnings per shareDividend per sharePayout
2025Dec 31, 2025 189.0B12.3B 6.5% 6.63 6.84 103%
2024Dec 31, 2024 202.8B17.7B 8.7% 9.72 6.52 67%
2023Dec 31, 2023 200.9B21.4B 10.6% 11.36 6.04 53%
2022Dec 31, 2022 246.3B35.5B 14.4% 18.28 5.68 31%
2021Dec 31, 2021 162.5B15.6B 9.6% 8.14 5.31 65%
2020Dec 31, 2020 94.7B−5.5B −5.9% −2.96 5.16 –
2019Dec 31, 2019 146.5B2.9B 2.0% 1.54 4.76 309%
2018Dec 31, 2018 166.3B14.8B 8.9% 7.74 – –
2017Dec 31, 2017 141.7B9.2B 6.5% 4.85 – –
2016Dec 31, 2016 114.5B−497.0M −0.4% −0.27 – –
Quarters (amounts in USD, per share in USD)
QuarterEndRevenueNet income MarginEarnings per shareDividend per sharePayout
Q2/26Jun 30, 2026 70.1B12.1B 17.2% 6.11 1.78 29%
Q1/26Mar 31, 2026 48.6B2.2B 4.5% 1.11 1.78 160%
Q4/25*Dec 31, 2025 46.9B2.8B 5.9% – 1.71 –
Q3/25Sep 30, 2025 49.7B3.5B 7.1% 1.82 1.71 94%
Q2/25Jun 30, 2025 44.8B2.5B 5.6% 1.45 1.71 118%
Q1/25Mar 31, 2025 47.6B3.5B 7.4% 2.00 1.71 86%
Q4/24*Dec 31, 2024 52.2B3.2B 6.2% – 1.63 –
Q3/24Sep 30, 2024 50.7B4.5B 8.9% 2.48 1.63 66%
Q2/24Jun 30, 2024 51.2B4.4B 8.7% 2.43 1.63 67%
Q1/24Mar 31, 2024 48.7B5.5B 11.3% 2.97 1.63 55%
Q4/23*Dec 31, 2023 47.2B2.3B 4.8% – 1.51 –
Q3/23Sep 30, 2023 54.1B6.5B 12.1% 3.48 1.51 43%

* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.

How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.

Insiders

All insider transactions
Insider purchases and sales on the market over 3, 6 and 12 months
PeriodPurchasesSalesNet
3 months $00 people $238.4M5 people −$238.4M
6 months $00 people $347.8M5 people −$347.8M
12 months $00 people $646.6M9 people −$646.6M

Latest transactions

  • Oct 20, 2026 Pate R. Hewitt Officer Open-market sale · 10b5-1 plan 40,700 shares · $9.2M · SEC
  • Oct 19, 2026 Pate R. Hewitt Officer Open-market sale · 10b5-1 plan 2,400 shares · $541.5K · SEC
  • Aug 18, 2026 Pate R. Hewitt Officer Open-market sale 2,470 shares · $506.6K · SEC
  • Aug 17, 2026 Walz Andrew Benjamin Officer Open-market sale 16,800 shares · $3.4M · SEC
  • Aug 14, 2026 Wirth Michael K Chief executive (CEO), Director Open-market sale 10,311 shares · $2.1M · SEC
  • Aug 14, 2026 Wirth Michael K Chief executive (CEO), Director Open-market sale 306,789 shares · $61.5M · SEC

Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.

Trend score +80

Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+15
Highs and lows+0
Relative strength+15

Volatility and trend strength

ADX 14 (trend strength)31.2
Rel. strength 60 d+15.0%

ATR and moving averages as price values only when logged in.

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