CHEVRON CORP Net Income 2007-2025 | CVX
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What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is CHEVRON CORP's current net income?
CHEVRON CORP (CVX) annual net income for 2024 was $17.66B, a 17.35% decline from 2023. CHEVRON CORP net income for the quarter ending September 30, 2025 was $3.54B.
What was CHEVRON CORP's net income in 2023?
CHEVRON CORP annual net income for 2023 was $21.37B, a 39.75% decline from 2022.
What was CHEVRON CORP's net income in 2022?
CHEVRON CORP annual net income for 2022 was $35.47B, a 126.98% increase from 2021.
What is CHEVRON CORP's 5-year net income CAGR?
CHEVRON CORP net income grew at a compound annual growth rate (CAGR) of 43.29% from FY2019 to FY2024, going from $2.92B to $17.66B over 5 years.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGR+43.3%
FY2019
$2.92B
→
FY2024
$17.66B
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $17.66B | -17.4% | 10-K |
| FY2023 | $21.37B | -39.7% | 10-K |
| FY2022 | $35.47B | +127.0% | 10-K |
| FY2021 | $15.63B | +381.9% | 10-K |
| FY2020 | $-5.54B | -289.6% | 10-K |
| FY2019 | $2.92B | -80.3% | 10-K |
| FY2018 | $14.82B | +61.2% | 10-K |
| FY2017 | $9.20B | +1950.1% | 10-K |
| FY2016 | $-497.0M | -110.8% | 10-K |
| FY2015 | $4.59B | -76.2% | 10-K |
| FY2014 | $19.24B | -10.2% | 10-K |
| FY2013 | $21.42B | -18.2% | 10-K |
| FY2012 | $26.18B | -2.7% | 10-K |
| FY2011 | $26.89B | +41.4% | 10-K |
| FY2010 | $19.02B | +81.5% | 10-K |
| FY2009 | $10.48B | -56.2% | 10-K |
| FY2008 | $23.93B | +28.1% | 10-K |
| FY2007 | $18.69B | - | 10-K |