Chevron Corporation (CVX) Return on Equity (ROE): 5.99%
Is Chevron Corporation’s return on equity (ROE) high or low?
Chevron Corporation's return on equity (ROE) of 5.99% is 41% below its 5-year average of 10.13%, around the middle of its 5-year range (-4.21%–22.27%).
The return on equity (ROE) for Chevron Corporation (CVX) is 5.99% as of Wednesday, June 10, 2026. It is below its 12-month average by 34.14% (9.09%).
CVX Return on Equity (ROE) Chart
CVX Average Return on Equity (ROE) Chart
CVX Current vs Average Return on Equity (ROE) Chart
CVX Return on Equity (ROE) Metrics
RETURN ON EQUITY (ROE)
5.99%
RETURN ON EQUITY (ROE) AVG TTM
9.09%
RETURN ON EQUITY (ROE) AVG 3Y
13.44%
RETURN ON EQUITY (ROE) AVG 5Y
10.13%
RETURN ON EQUITY (ROE) AVG 10Y
7.39%
RETURN ON EQUITY (ROE) AVG 15Y
10.47%
RETURN ON EQUITY (ROE) AVG 20Y
13.24%
CURRENT VS TTM AVG
-34.14%
CURRENT VS 3Y AVG
-55.41%
CURRENT VS 5Y AVG
-40.86%
CURRENT VS 10Y AVG
-18.91%
CURRENT VS 15Y AVG
-42.78%
CURRENT VS 20Y AVG
-54.77%
CVX Competitors' Return on Equity (ROE)
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chevron Corporation (CVX) | — | 5.99% | 9.09% | 13.44% | 10.13% |
| ConocoPhillips (COP) | $146.50B | 11.34% | 13.31% | 21.89% | 16.05% |
| Exxon Mobil Corporation (XOM) | $626.18B | 9.95% | 11.95% | 17.51% | 11.57% |
| SLB N.V. (SLB) | $82.98B | 12.63% | 16.97% | 18.55% | -0.02% |
| Marathon Petroleum Corporation (MPC) | $76.89B | 27.65% | 21.39% | 33.71% | 21.29% |
| Valero Energy Corporation (VLO) | $76.63B | 17.62% | 10.60% | 25.92% | 16.86% |
| EOG Resources, Inc. (EOG) | $74.71B | 17.79% | 19.26% | 24.21% | 19.15% |
| Phillips 66 (PSX) | $72.86B | 14.45% | 11.43% | 20.78% | 11.50% |
| Occidental Petroleum Corporation (OXY) | $56.79B | 12.09% | 7.74% | 18.72% | 1.07% |
| Antero Midstream Corporation (AM) | $10.32B | 21.21% | 19.95% | 18.02% | 13.58% |
Return Analysis
ROE
6.0%
ROA
3.3%
Chevron Corporation Return on Equity (ROE) Formula & Definition
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
Chevron Corporation Return on Equity (ROE) FAQ
- What is the return on equity (ROE) for Chevron Corporation (CVX)?
- The return on equity (ROE) for CVX stock is 5.99%.
- Is Chevron Corporation's return on equity (ROE) high or low?
- Chevron Corporation's return on equity (ROE) of 5.99% is 41% below its 5-year average of 10.13%, around the middle of its 5-year range (-4.21%–22.27%).
- What is the TTM average return on equity (ROE) for Chevron Corporation (CVX)?
- The TTM average return on equity (ROE) for CVX stock is 9.09%.
- What is the 3Y average return on equity (ROE) for Chevron Corporation (CVX)?
- The 3Y average return on equity (ROE) for CVX stock is 13.44%.
- What is the 5Y average return on equity (ROE) for Chevron Corporation (CVX)?
- The 5Y average return on equity (ROE) for CVX stock is 10.13%.
- What is the 10Y average return on equity (ROE) for Chevron Corporation (CVX)?
- The 10Y average return on equity (ROE) for CVX stock is 7.39%.
- What is the 15Y average return on equity (ROE) for Chevron Corporation (CVX)?
- The 15Y average return on equity (ROE) for CVX stock is 10.47%.
- What is the 20Y average return on equity (ROE) for Chevron Corporation (CVX)?
- The 20Y average return on equity (ROE) for CVX stock is 13.24%.
Chevron Corporation Return on Equity (ROE) History
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2025-12-31 | 6.60% |
| 2024-12-31 | 11.59% |
| 2023-12-31 | 13.28% |
| 2022-12-31 | 22.27% |
| 2021-12-31 | 11.24% |
| 2020-12-31 | -4.21% |
| 2019-12-31 | 2.03% |
| 2018-12-31 | 9.59% |
| 2017-12-31 | 6.21% |
| 2016-12-31 | -0.34% |
| 2015-12-31 | 3.00% |
| 2014-12-31 | 12.41% |
| 2013-12-31 | 14.37% |
| 2012-12-31 | 19.18% |
| 2011-12-31 | 22.16% |
| 2010-12-31 | 18.10% |
| 2009-12-31 | 11.41% |
| 2008-12-31 | 27.62% |
| 2007-12-31 | 24.24% |
| 2006-12-31 | 24.86% |
| 2005-12-31 | 22.50% |
| 2004-12-31 | 29.47% |
| 2003-12-31 | 19.92% |
| 2002-12-31 | 3.58% |
| 2001-12-31 | 9.68% |
| 2000-12-31 | 23.16% |
| 1999-12-31 | 10.90% |
| 1998-12-31 | 7.86% |
| 1997-12-31 | 18.64% |
| 1996-12-31 | 16.69% |
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