CHEVRON CORP Income Tax Expense 2007-2026 | CVX
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is CHEVRON CORP's current income tax expense?
CHEVRON CORP (CVX) annual income tax expense for 2025 was $7.26B, a 25.61% decline from 2024. CHEVRON CORP income tax expense for the quarter ending March 31, 2026 was $1.65B.
What was CHEVRON CORP's income tax expense in 2024?
CHEVRON CORP annual income tax expense for 2024 was $9.76B, a 19.38% increase from 2023.
What was CHEVRON CORP's income tax expense in 2023?
CHEVRON CORP annual income tax expense for 2023 was $8.17B, a 41.90% decline from 2022.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGRN/A
FY2020
$-1.89B
→
FY2025
$7.26B
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $7.26B | -25.6% | 10-K |
| FY2024 | $9.76B | +19.4% | 10-K |
| FY2023 | $8.17B | -41.9% | 10-K |
| FY2022 | $14.07B | +136.4% | 10-K |
| FY2021 | $5.95B | +414.5% | 10-K |
| FY2020 | $-1.89B | -170.3% | 10-K |
| FY2019 | $2.69B | -52.9% | 10-K |
| FY2018 | $5.71B | +12006.3% | 10-K |
| FY2017 | $-48.0M | +97.2% | 10-K |
| FY2016 | $-1.73B | -1409.8% | 10-K |
| FY2015 | $132.0M | -98.9% | 10-K |
| FY2014 | $11.89B | -16.9% | 10-K |
| FY2013 | $14.31B | -28.4% | 10-K |
| FY2012 | $20.00B | -3.1% | 10-K |
| FY2011 | $20.63B | +59.7% | 10-K |
| FY2010 | $12.92B | +62.2% | 10-K |
| FY2009 | $7.96B | -58.1% | 10-K |
| FY2008 | $19.03B | +41.2% | 10-K |
| FY2007 | $13.48B | - | 10-K |