Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 10.84% is 14% below its 5-year average of 12.61%, around the middle of its 5-year range (2.69%–22.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 37.18% above its 12-month average of 7.91%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation.
RETURN ON EQUITY (ROE)
10.84%
RETURN ON EQUITY (ROE) AVG TTM
7.91%
RETURN ON EQUITY (ROE) AVG 3Y
10.45%
RETURN ON EQUITY (ROE) AVG 5Y
12.61%
RETURN ON EQUITY (ROE) AVG 10Y
7.79%
RETURN ON EQUITY (ROE) AVG 15Y
9.99%
RETURN ON EQUITY (ROE) AVG 20Y
12.79%
CURRENT VS TTM AVG
+37.18%
CURRENT VS 3Y AVG
+3.80%
CURRENT VS 5Y AVG
-14.01%
CURRENT VS 10Y AVG
+39.21%
CURRENT VS 15Y AVG
+8.52%
CURRENT VS 20Y AVG
-15.24%
SECTOR MEDIAN · ENERGY
15.75%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-31.17%
vs the sector median at left
Chevron Corporation
Market Cap
$424.57B
Return on Equity (ROE)
10.84%
TTM Avg
7.91%
3Y Avg
10.45%
5Y Avg
12.61%
Market Cap
$266.68B
Return on Equity (ROE)
14.37%
TTM Avg
9.63%
3Y Avg
12.96%
5Y Avg
8.26%
Market Cap
$203.12B
Return on Equity (ROE)
13.89%
TTM Avg
12.40%
3Y Avg
15.37%
5Y Avg
11.48%
Market Cap
$676.75B
Return on Equity (ROE)
12.63%
TTM Avg
11.95%
3Y Avg
17.51%
5Y Avg
11.57%
Market Cap
$167.31B
Return on Equity (ROE)
14.20%
TTM Avg
13.33%
3Y Avg
21.95%
5Y Avg
16.09%
Market Cap
$115.93B
Return on Equity (ROE)
44.84%
TTM Avg
21.39%
3Y Avg
33.71%
5Y Avg
21.29%
Market Cap
$110.11B
Return on Equity (ROE)
28.85%
TTM Avg
10.60%
3Y Avg
25.92%
5Y Avg
16.86%
Market Cap
$107.37B
Return on Equity (ROE)
25.60%
TTM Avg
19.94%
3Y Avg
22.30%
5Y Avg
18.04%
Market Cap
$104.00B
Return on Equity (ROE)
22.51%
TTM Avg
11.43%
3Y Avg
20.78%
5Y Avg
11.50%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chevron Corporation (CVX) | $424.57B | 10.84% | 7.91% | 10.45% | 12.61% |
| Shell plc (SHEL)vs › | $266.68B | 14.37% | 9.63% | 12.96% | 8.26% |
| TotalEnergies SE (TTE)vs › | $203.12B | 13.89% | 12.40% | 15.37% | 11.48% |
| Exxon Mobil Corporation (XOM)vs › | $676.75B | 12.63% | 11.95% | 17.51% | 11.57% |
| ConocoPhillips (COP)vs › | $167.31B | 14.20% | 13.33% | 21.95% | 16.09% |
| Marathon Petroleum Corporation (MPC)vs › | $115.93B | 44.84% | 21.39% | 33.71% | 21.29% |
| Valero Energy Corporation (VLO)vs › | $110.11B | 28.85% | 10.60% | 25.92% | 16.86% |
| Canadian Natural Resources Limited (CNQ)vs › | $107.37B | 25.60% | 19.94% | 22.30% | 18.04% |
| Phillips 66 (PSX)vs › | $104.00B | 22.51% | 11.43% | 20.78% | 11.50% |
| The Williams Companies, Inc. (WMB)vs › | $91.91B | 23.30% | 19.16% | 20.45% | 16.14% |
ROE
10.8%
ROA
6.2%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 10.84% |
| 2026-03-31 | 5.99% |
| 2025-12-31 | 6.60% |
| 2025-09-30 | 6.73% |
| 2025-06-30 | 9.37% |
| 2025-03-31 | 10.49% |
| 2024-12-31 | 11.59% |
| 2024-09-30 | 10.68% |
| 2024-06-30 | 11.76% |
| 2024-03-31 | 12.64% |
| 2023-12-31 | 13.28% |
| 2023-09-30 | 15.41% |
| 2023-06-30 | 19.05% |
| 2023-03-31 | 22.44% |
| 2022-12-31 | 22.27% |
| 2022-09-30 | 21.53% |
| 2022-06-30 | 18.92% |
| 2022-03-31 | 14.02% |
| 2021-12-31 | 11.24% |
| 2021-09-30 | 7.29% |
| 2021-06-30 | 2.69% |
| 2021-03-31 | -5.89% |
| 2020-12-31 | -4.21% |
| 2020-09-30 | -8.72% |
| 2020-06-30 | -6.49% |
| 2020-03-31 | 2.69% |
| 2019-12-31 | 2.03% |
| 2019-09-30 | 8.51% |
| 2019-06-30 | 9.42% |
| 2019-03-31 | 8.92% |
| 2018-12-31 | 9.59% |
| 2018-09-30 | 9.25% |
| 2018-06-30 | 7.96% |
| 2018-03-31 | 6.75% |
| 2017-12-31 | 6.21% |
| 2017-09-30 | 4.43% |
| 2017-06-30 | 3.99% |
| 2017-03-31 | 1.99% |
| 2016-12-31 | -0.34% |
| 2016-09-30 | -1.02% |
| 2016-06-30 | -0.51% |
| 2016-03-31 | 0.86% |
| 2015-12-31 | 3.00% |
| 2015-09-30 | 5.58% |
| 2015-06-30 | 7.89% |
| 2015-03-31 | 11.10% |
| 2014-12-31 | 12.41% |
| 2014-09-30 | 13.26% |
| 2014-06-30 | 13.06% |
| 2014-03-31 | 13.11% |
| 2013-12-31 | 14.37% |
| 2013-09-30 | 16.40% |
| 2013-06-30 | 16.83% |
| 2013-03-31 | 18.47% |
| 2012-12-31 | 19.18% |
| 2012-09-30 | 18.10% |
| 2012-06-30 | 20.49% |
| 2012-03-31 | 21.64% |
| 2011-12-31 | 22.16% |
| 2011-09-30 | 22.39% |
| 2011-06-30 | 19.89% |
| 2011-03-31 | 18.79% |
| 2010-12-31 | 18.10% |
| 2010-09-30 | 16.43% |
| 2010-06-30 | 16.93% |
| 2010-03-31 | 13.84% |
| 2009-12-31 | 11.41% |
| 2009-09-30 | 13.58% |
| 2009-06-30 | 18.61% |
| 2009-03-31 | 23.59% |
| 2008-12-31 | 27.62% |
| 2008-09-30 | 27.50% |
| 2008-06-30 | 23.99% |
| 2008-03-31 | 24.17% |
| 2007-12-31 | 24.24% |
| 2007-09-30 | 23.46% |
| 2007-06-30 | 25.46% |
| 2007-03-31 | 24.99% |
| 2006-12-31 | 24.86% |
| 2006-09-30 | 25.16% |
| 2006-06-30 | 24.04% |
| 2006-03-31 | 23.78% |
| 2005-12-31 | 22.50% |
| 2005-09-30 | 22.26% |
| 2005-06-30 | 26.79% |
| 2005-03-31 | 28.85% |
| 2004-12-31 | 29.47% |
| 2004-09-30 | 27.13% |
| 2004-06-30 | 25.34% |
| 2004-03-31 | 20.63% |
| 2003-12-31 | 19.92% |
| 2003-09-30 | 18.16% |
| 2003-06-03 | 10.32% |
