Chevron Corporation (CVX) Current Ratio: 1.15
Is Chevron Corporation’s current ratio high or low?
Chevron Corporation's current ratio of 1.15 is in line with its 5-year average of 1.23, near the low end of its 5-year range (1.06–1.47).
The current ratio for Chevron Corporation (CVX) is 1.15 as of Wednesday, June 10, 2026. It is above its 12-month average by 4.07% (1.10).
CVX Current Ratio Chart
CVX Average Current Ratio Chart
CVX Current vs Average Current Ratio Chart
CVX Current Ratio Metrics
CURRENT RATIO
1.15
CURRENT RATIO AVG TTM
1.10
CURRENT RATIO AVG 3Y
1.24
CURRENT RATIO AVG 5Y
1.23
CURRENT RATIO AVG 10Y
1.18
CURRENT RATIO AVG 15Y
1.30
CURRENT RATIO AVG 20Y
1.29
CURRENT VS TTM AVG
+4.07%
CURRENT VS 3Y AVG
-7.07%
CURRENT VS 5Y AVG
-6.63%
CURRENT VS 10Y AVG
-2.84%
CURRENT VS 15Y AVG
-11.33%
CURRENT VS 20Y AVG
-10.98%
CVX Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chevron Corporation (CVX) | — | 1.15 | 1.10 | 1.24 | 1.23 |
| ConocoPhillips (COP) | $146.50B | 1.30 | 1.29 | 1.37 | 1.51 |
| Exxon Mobil Corporation (XOM) | $626.18B | 1.15 | 1.23 | 1.34 | 1.20 |
| SLB N.V. (SLB) | $82.98B | 1.33 | 1.39 | 1.34 | 1.30 |
| Marathon Petroleum Corporation (MPC) | $76.89B | 1.26 | 1.21 | 1.44 | 1.55 |
| Valero Energy Corporation (VLO) | $76.63B | 1.65 | 1.59 | 1.53 | 1.51 |
| EOG Resources, Inc. (EOG) | $74.71B | 1.92 | 2.01 | 2.09 | 2.03 |
| Phillips 66 (PSX) | $72.86B | 1.30 | 1.25 | 1.28 | 1.28 |
| ONEOK, Inc. (OKE) | $57.06B | 0.71 | 0.80 | 0.84 | 0.91 |
| Occidental Petroleum Corporation (OXY) | $56.79B | 0.94 | 0.94 | 0.99 | 1.04 |
Liquidity Analysis
Current Ratio
1.15
Quick Ratio
0.86
Chevron Corporation Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Chevron Corporation Current Ratio FAQ
- What is the current ratio for Chevron Corporation (CVX)?
- The current ratio for CVX stock is 1.15.
- Is Chevron Corporation's current ratio high or low?
- Chevron Corporation's current ratio of 1.15 is in line with its 5-year average of 1.23, near the low end of its 5-year range (1.06–1.47).
- What is the TTM average current ratio for Chevron Corporation (CVX)?
- The TTM average current ratio for CVX stock is 1.10.
- What is the 3Y average current ratio for Chevron Corporation (CVX)?
- The 3Y average current ratio for CVX stock is 1.24.
- What is the 5Y average current ratio for Chevron Corporation (CVX)?
- The 5Y average current ratio for CVX stock is 1.23.
- What is the 10Y average current ratio for Chevron Corporation (CVX)?
- The 10Y average current ratio for CVX stock is 1.18.
- What is the 15Y average current ratio for Chevron Corporation (CVX)?
- The 15Y average current ratio for CVX stock is 1.30.
- What is the 20Y average current ratio for Chevron Corporation (CVX)?
- The 20Y average current ratio for CVX stock is 1.29.
Chevron Corporation Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 1.15 |
| 2024-12-31 | 1.06 |
| 2023-12-31 | 1.27 |
| 2022-12-31 | 1.47 |
| 2021-12-31 | 1.26 |
| 2020-12-31 | 1.18 |
| 2019-12-31 | 1.07 |
| 2018-12-31 | 1.25 |
| 2017-12-31 | 1.03 |
| 2016-12-31 | 0.93 |
| 2015-12-31 | 1.35 |
| 2014-12-31 | 1.32 |
| 2013-12-31 | 1.52 |
| 2012-12-31 | 1.63 |
| 2011-12-31 | 1.58 |
| 2010-12-31 | 1.68 |
| 2009-12-31 | 1.42 |
| 2008-12-31 | 1.14 |
| 2007-12-31 | 1.17 |
| 2006-12-31 | 1.28 |
| 2005-12-31 | 1.37 |
| 2004-12-31 | 1.52 |
| 2003-12-31 | 1.21 |
| 2002-12-31 | 0.89 |
| 2001-12-31 | 0.89 |
| 2000-12-31 | 1.08 |
| 1999-12-31 | 0.96 |
| 1998-12-31 | 0.88 |
| 1997-12-31 | 1.01 |
| 1996-12-31 | 0.89 |
Related Metrics
About Chevron Corporation
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.
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- CEO
- Michael K. Wirth