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CHEVRON CORP Gross Profit 2016-2026 | CVX

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What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is CHEVRON CORP's current gross profit?

CHEVRON CORP (CVX) annual gross profit for 2025 was $76.22B, a 2.71% increase from 2024. CHEVRON CORP gross profit for the quarter ending March 31, 2026 was $19.29B.

What was CHEVRON CORP's gross profit in 2024?

CHEVRON CORP annual gross profit for 2024 was $74.21B, a 4.52% decline from 2023.

What was CHEVRON CORP's gross profit in 2023?

CHEVRON CORP annual gross profit for 2023 was $77.72B, a 13.94% decline from 2022.

What is CHEVRON CORP's 5-year gross profit CAGR?

CHEVRON CORP gross profit grew at a compound annual growth rate (CAGR) of 12.49% from FY2020 to FY2025, going from $42.32B to $76.22B over 5 years.

Gross Profit History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+12.5%
FY2020
$42.32B
FY2025
$76.22B
16171819202122232425
5 years selected
Gross Profit History
PeriodValueChangeSource
FY2025$76.22B+2.7%10-K
FY2024$74.21B-4.5%10-K
FY2023$77.72B-13.9%10-K
FY2022$90.30B+42.5%10-K
FY2021$63.36B+49.7%10-K
FY2020$42.32B-29.2%10-K
FY2019$59.75B-7.1%10-K
FY2018$64.32B+9.2%10-K
FY2017$58.91B+15.7%10-K
FY2016$50.89B-10-K
Company: CHEVRON CORPTicker: CVXSector: EnergyIndustry: Petroleum RefiningView company profile →