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Chevron Corporation (CVX) EV/Sales Ratio: 2.22x

Is Chevron Corporation’s EV/Sales ratio high or low?

Chevron Corporation's EV/Sales ratio of 2.22x is 31% above its 5-year average of 1.69x, near the high end of its 5-year range (1.26x–2.61x).

As of Monday, June 15, 2026. 19.52% above its 12-month average of 1.86x.

CVX EV/Sales Ratio Chart

CVX EV/Sales Ratio
2.22x+53.10% 1Y
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CVX Average EV/Sales Ratio Chart

CVX Current vs Average EV/Sales Ratio Chart

CVX EV/Sales Ratio Metrics

EV/SALES RATIO

2.22x

EV/SALES RATIO AVG TTM

1.86x

EV/SALES RATIO AVG 3Y

1.51x

EV/SALES RATIO AVG 5Y

1.69x

EV/SALES RATIO AVG 10Y

1.77x

EV/SALES RATIO AVG 15Y

1.53x

EV/SALES RATIO AVG 20Y

1.35x

CURRENT VS TTM AVG

+19.52%

CURRENT VS 3Y AVG

+47.01%

CURRENT VS 5Y AVG

+31.48%

CURRENT VS 10Y AVG

+25.22%

CURRENT VS 15Y AVG

+44.85%

CURRENT VS 20Y AVG

+65.05%

CVX Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Chevron Corporation (CVX)$372.87B2.22x1.86x1.51x1.69x
ConocoPhillips (COP)vs ›$142.52B2.76x2.50x2.48x2.57x
Exxon Mobil Corporation (XOM)vs ›$609.33B2.01x1.80x1.52x1.46x
Canadian Natural Resources Limited (CNQ)vs ›$94.48B3.55x2.92x2.76x2.70x
SLB N.V. (SLB)vs ›$83.99B2.61x2.01x2.22x2.48x
Marathon Petroleum Corporation (MPC)vs ›$76.95B0.81x0.67x0.59x0.58x
Valero Energy Corporation (VLO)vs ›$76.81B0.66x0.51x0.41x0.41x
EOG Resources, Inc. (EOG)vs ›$72.78B3.30x2.97x2.93x3.01x
Phillips 66 (PSX)vs ›$71.95B0.69x0.59x0.52x0.49x
ONEOK, Inc. (OKE)vs ›$57.07B2.58x2.71x3.21x2.91x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Chevron Corporation EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Chevron Corporation EV/Sales Ratio FAQ

What is the EV/Sales ratio for Chevron Corporation (CVX)?
The EV/Sales ratio for CVX stock is 2.22x.
Is Chevron Corporation's EV/Sales ratio high or low?
Chevron Corporation's EV/Sales ratio of 2.22x is 31% above its 5-year average of 1.69x, near the high end of its 5-year range (1.26x–2.61x).
What is the TTM average EV/Sales ratio for Chevron Corporation (CVX)?
The TTM average EV/Sales ratio for CVX stock is 1.86x.
What is the 3Y average EV/Sales ratio for Chevron Corporation (CVX)?
The 3Y average EV/Sales ratio for CVX stock is 1.51x.
What is the 5Y average EV/Sales ratio for Chevron Corporation (CVX)?
The 5Y average EV/Sales ratio for CVX stock is 1.69x.
What is the 10Y average EV/Sales ratio for Chevron Corporation (CVX)?
The 10Y average EV/Sales ratio for CVX stock is 1.77x.
What is the 15Y average EV/Sales ratio for Chevron Corporation (CVX)?
The 15Y average EV/Sales ratio for CVX stock is 1.53x.
What is the 20Y average EV/Sales ratio for Chevron Corporation (CVX)?
The 20Y average EV/Sales ratio for CVX stock is 1.35x.

Chevron Corporation EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-122.22x
2026-06-112.20x
2026-06-102.24x
2026-06-092.21x
2026-06-082.24x
2026-06-052.22x
2026-06-042.23x
2026-06-032.24x
2026-06-022.22x
2026-06-012.20x
2026-05-292.17x
2026-05-282.17x
2026-05-272.16x
2026-05-262.19x
2026-05-222.26x
2026-05-212.26x
2026-05-202.26x
2026-05-192.32x
2026-05-182.31x
2026-05-152.26x
2026-05-142.21x
2026-05-132.20x
2026-05-122.20x
2026-05-112.19x
2026-05-082.16x
2026-05-072.17x
2026-05-062.22x
2026-05-052.30x
2026-05-042.30x
2026-05-012.28x
2026-04-302.31x
2026-04-292.30x
2026-04-282.26x
2026-04-272.22x
2026-04-242.22x
2026-04-232.25x
2026-04-222.24x
2026-04-212.23x
2026-04-202.20x
2026-04-172.21x
2026-04-162.26x
2026-04-152.22x
2026-04-142.24x
2026-04-132.29x
2026-04-102.26x
2026-04-092.28x
2026-04-082.31x
2026-04-072.40x
2026-04-062.37x
2026-04-022.37x
2026-04-012.36x
2026-03-312.46x
2026-03-302.50x
2026-03-272.50x
2026-03-262.47x
2026-03-252.44x
2026-03-242.46x
2026-03-232.44x
2026-03-202.40x
2026-03-192.40x
2026-03-182.37x
2026-03-172.36x
2026-03-162.35x
2026-03-132.35x
2026-03-122.35x
2026-03-112.30x
2026-03-102.24x
2026-03-092.27x
2026-03-062.28x
2026-03-052.27x
2026-03-042.23x
2026-03-032.26x
2026-03-022.27x
2026-02-272.24x
2026-02-262.21x
2026-02-252.21x
2026-02-242.23x
2026-02-232.11x
2026-02-202.10x
2026-02-192.10x
2026-02-182.09x
2026-02-172.06x
2026-02-132.09x
2026-02-122.08x
2026-02-112.11x
2026-02-102.08x
2026-02-092.08x
2026-02-062.06x
2026-02-052.05x
2026-02-042.07x
2026-02-032.03x
2026-02-021.99x
2026-01-302.02x
2026-01-291.96x
2026-01-281.95x
2026-01-271.94x
2026-01-261.92x
2026-01-231.92x
2026-01-221.92x
2026-01-211.92x
2026-01-201.90x
2026-01-161.91x
2026-01-151.91x
2026-01-141.92x
2026-01-131.89x
2026-01-121.87x
2026-01-091.87x
2026-01-081.84x
2026-01-071.80x
2026-01-061.81x
2026-01-051.89x
2026-01-021.80x
2025-12-311.77x
2025-12-301.77x
2025-12-291.75x
2025-12-261.74x
2025-12-241.75x
2025-12-231.75x
2025-12-221.74x
2025-12-191.72x
2025-12-181.72x
2025-12-171.74x
2025-12-161.71x
2025-12-151.74x
2025-12-121.74x
2025-12-111.75x
2025-12-101.76x
2025-12-091.73x
2025-12-081.73x
2025-12-051.74x
2025-12-041.77x
2025-12-031.76x
2025-12-021.74x
2025-12-011.77x
2025-11-281.75x
2025-11-261.74x
2025-11-251.73x
2025-11-241.74x
2025-11-211.74x
2025-11-201.75x
2025-11-191.76x
2025-11-181.78x
2025-11-171.79x
2025-11-141.82x
2025-11-131.80x
2025-11-121.78x
2025-11-111.81x
2025-11-101.80x
2025-11-071.79x
2025-11-061.77x
2025-11-051.54x
2025-11-041.54x
2025-11-031.55x
2025-10-311.58x
2025-10-301.55x
2025-10-291.56x
2025-10-281.55x
2025-10-271.56x
2025-10-241.56x
2025-10-231.57x
2025-10-221.56x
2025-10-211.55x
2025-10-201.55x
2025-10-171.54x
2025-10-161.53x
2025-10-151.53x
2025-10-141.54x
2025-10-131.53x
2025-10-101.50x
2025-10-091.53x
2025-10-081.55x
2025-10-071.56x
2025-10-061.55x
2025-10-031.55x
2025-10-021.54x
2025-10-011.56x
2025-09-301.56x
2025-09-291.57x
2025-09-261.61x
2025-09-251.61x
2025-09-241.60x
2025-09-231.58x
2025-09-221.57x
2025-09-191.57x
2025-09-181.59x
2025-09-171.61x
2025-09-161.60x
2025-09-151.58x
2025-09-121.58x
2025-09-111.59x
2025-09-101.58x
2025-09-091.56x
2025-09-081.55x
2025-09-051.55x
2025-09-041.58x
2025-09-031.59x
2025-09-021.62x
2025-08-291.61x
2025-08-281.60x
2025-08-271.60x
2025-08-261.58x
2025-08-251.59x
2025-08-221.59x
2025-08-211.56x
2025-08-201.54x
2025-08-191.53x
2025-08-181.56x
2025-08-151.57x
2025-08-141.56x
2025-08-131.57x
2025-08-121.55x
2025-08-111.54x
2025-08-081.56x
2025-08-071.54x
2025-08-061.52x
2025-08-051.52x
2025-08-041.50x
2025-08-011.50x
2025-07-311.51x
2025-07-301.52x
2025-07-291.56x
2025-07-281.55x
2025-07-251.54x
2025-07-241.54x
2025-07-231.52x
2025-07-221.49x
2025-07-211.49x
2025-07-181.49x
2025-07-171.50x
2025-07-161.49x
2025-07-151.50x
2025-07-141.51x
2025-07-111.54x
2025-07-101.53x
2025-07-091.52x
2025-07-081.52x
2025-07-071.47x
2025-07-031.48x
2025-07-021.47x
2025-07-011.45x
2025-06-301.43x
2025-06-271.44x
2025-06-261.44x
2025-06-251.43x
2025-06-241.43x
2025-06-231.46x
2025-06-201.49x
2025-06-181.48x
2025-06-171.48x
2025-06-161.46x
2025-06-131.45x
2025-06-121.45x
2025-06-111.44x
2025-06-101.43x
2025-06-091.41x
2025-06-061.40x
2025-06-051.37x
2025-06-041.38x
2025-06-031.40x
2025-06-021.38x

Showing the most recent 260 of 5,033 data points. The chart above shows the full history.

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.

Houston, TX
45,298 employees
Energy / Oil & Gas Integrated
Sector
Energy
Industry
Oil & Gas Integrated
CEO
Michael K. Wirth