Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 9.87% is in line with its 5-year average of 10.58%, around the middle of its 5-year range (4.62%–17.96%).
18.57% above its 12-month average of 8.32%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
9.87%
NET PROFIT MARGIN AVG TTM
8.32%
NET PROFIT MARGIN AVG 3Y
8.90%
NET PROFIT MARGIN AVG 5Y
10.58%
NET PROFIT MARGIN AVG 10Y
8.39%
NET PROFIT MARGIN AVG 15Y
8.81%
NET PROFIT MARGIN AVG 20Y
8.77%
CURRENT VS TTM AVG
+18.57%
CURRENT VS 3Y AVG
+10.85%
CURRENT VS 5Y AVG
-6.72%
CURRENT VS 10Y AVG
+17.59%
CURRENT VS 15Y AVG
+12.07%
CURRENT VS 20Y AVG
+12.48%
SECTOR MEDIAN · ENERGY
11.17%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
-11.64%
vs the sector median at left
Chevron Corporation
Market Cap
$418.22B
Net Profit Margin
9.87%
TTM Avg
8.32%
3Y Avg
8.90%
5Y Avg
10.58%
Market Cap
$665.85B
Net Profit Margin
9.07%
TTM Avg
9.42%
3Y Avg
10.89%
5Y Avg
6.56%
Market Cap
$164.52B
Net Profit Margin
14.65%
TTM Avg
15.22%
3Y Avg
18.44%
5Y Avg
12.83%
Market Cap
$116.12B
Net Profit Margin
5.56%
TTM Avg
2.76%
3Y Avg
5.06%
5Y Avg
2.38%
Market Cap
$110.23B
Net Profit Margin
5.43%
TTM Avg
2.02%
3Y Avg
4.17%
5Y Avg
2.55%
Market Cap
$106.16B
Net Profit Margin
24.42%
TTM Avg
20.81%
3Y Avg
20.96%
5Y Avg
17.45%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chevron Corporation (CVX) | $418.22B | 9.87% | 8.32% | 8.90% | 10.58% |
| Shell plc (SHEL)vs › | $265.76B | 8.76% | 6.17% | 7.39% | 4.21% |
| TotalEnergies SE (TTE)vs › | $200.65B | 9.07% | 7.63% | 8.21% | 5.91% |
| Exxon Mobil Corporation (XOM)vs › | $665.85B | 9.07% | 9.42% | 10.89% | 6.56% |
| ConocoPhillips (COP)vs › | $164.52B | 14.65% | 15.22% | 18.44% | 12.83% |
| Marathon Petroleum Corporation (MPC)vs › | $116.12B | 5.56% | 2.76% | 5.06% | 2.38% |
| Valero Energy Corporation (VLO)vs › | $110.23B | 5.43% | 2.02% | 4.17% | 2.55% |
| Canadian Natural Resources Limited (CNQ)vs › | $106.16B | 24.42% | 20.81% | 20.96% | 17.45% |
| Phillips 66 (PSX)vs › | $103.90B | 4.62% | 2.41% | 4.01% | 1.83% |
| The Williams Companies, Inc. (WMB)vs › | $92.75B | 25.18% | 21.55% | 22.73% | 17.99% |
Operating Margin
15.8%
Net Profit Margin
9.9%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 17.96% |
| 2026-03-31 | 4.65% |
| 2025-12-31 | 6.05% |
| 2025-09-30 | 7.35% |
| 2025-06-30 | 5.61% |
| 2025-03-31 | 7.59% |
| 2024-12-31 | 6.70% |
| 2024-09-30 | 9.17% |
| 2024-06-30 | 8.94% |
| 2024-03-31 | 11.81% |
| 2023-12-31 | 4.62% |
| 2023-09-30 | 12.57% |
| 2023-06-30 | 12.73% |
| 2023-03-31 | 13.46% |
| 2022-12-31 | 11.65% |
| 2022-09-30 | 17.68% |
| 2022-06-30 | 17.78% |
| 2022-03-31 | 11.96% |
| 2021-12-31 | 11.02% |
| 2021-09-30 | 14.36% |
| 2021-06-30 | 8.53% |
| 2021-03-31 | 4.43% |
| 2020-12-31 | -2.68% |
| 2020-09-30 | -0.86% |
| 2020-06-30 | -51.93% |
| 2020-03-31 | 12.12% |
| 2019-12-31 | -19.12% |
| 2019-09-30 | 7.42% |
| 2019-06-30 | 11.85% |
| 2019-03-31 | 7.75% |
| 2018-12-31 | 9.25% |
| 2018-09-30 | 9.61% |
| 2018-06-30 | 8.42% |
| 2018-03-31 | 10.11% |
| 2017-12-31 | 8.55% |
| 2017-09-30 | 5.76% |
| 2017-06-30 | 4.41% |
| 2017-03-31 | 8.51% |
| 2016-12-31 | 1.38% |
| 2016-09-30 | 4.40% |
| 2016-06-30 | -5.28% |
| 2016-03-31 | -3.14% |
| 2015-12-31 | -2.10% |
| 2015-09-30 | 6.22% |
| 2015-06-30 | 1.55% |
| 2015-03-31 | 7.94% |
| 2014-12-31 | 8.24% |
| 2014-09-30 | 10.79% |
| 2014-06-30 | 10.19% |
| 2014-03-31 | 8.85% |
| 2013-12-31 | 9.14% |
| 2013-09-30 | 8.75% |
| 2013-06-30 | 9.70% |
| 2013-03-31 | 11.38% |
| 2012-12-31 | 13.34% |
| 2012-09-30 | 9.44% |
| 2012-06-30 | 12.06% |
| 2012-03-31 | 10.99% |
| 2011-12-31 | 8.77% |
| 2011-09-30 | 12.59% |
| 2011-06-30 | 11.53% |
| 2011-03-31 | 10.59% |
| 2010-12-31 | 10.08% |
| 2010-09-30 | 7.77% |
| 2010-06-30 | 10.53% |
| 2010-03-31 | 9.70% |
| 2009-12-31 | 6.43% |
| 2009-09-30 | 8.41% |
| 2009-06-30 | 4.42% |
| 2009-03-31 | 5.17% |
| 2008-12-31 | 10.83% |
| 2008-09-30 | 10.22% |
| 2008-06-30 | 7.34% |
| 2008-03-31 | 7.99% |
| 2007-12-31 | 7.94% |
| 2007-09-30 | 6.74% |
| 2007-06-30 | 9.59% |
| 2007-03-31 | 9.78% |
| 2006-12-31 | 7.90% |
| 2006-09-30 | 9.25% |
| 2006-06-30 | 8.13% |
| 2006-03-31 | 7.32% |
| 2005-12-31 | 6.87% |
| 2005-09-30 | 6.60% |
| 2005-06-30 | 7.62% |
| 2005-03-31 | 6.43% |
| 2004-12-31 | 7.09% |
| 2004-09-30 | 8.28% |
| 2004-06-30 | 11.69% |
| 2004-03-31 | 7.61% |
| 2003-12-31 | 5.70% |
| 2003-09-30 | 6.69% |
| 2003-06-03 | 5.45% |
| 2003-03-31 | 6.24% |
| 2002-12-31 | 3.34% |
| 2002-09-30 | -3.52% |