Latest period
$17.70B
YoY change
+5.5%
5Y CAGR
+14.3%
Peak year (2013)
$37.98B
Cumulative CapEx
$470.30B
CapEx history chart for Chevron (CVX) from 1992 to 2025
Latest: $17.35B
CapEx growth chart for Chevron (CVX) from 1992 to 2025
Latest: +5.5%
CapEx history table for Chevron (CVX) from 1992 to 2025
| 2025 | $17.35B | +5.5% | +$899.00M | ||
| 2024 | $16.45B | +3.9% | +$619.00M | ||
| 2023 | $15.83B | +32.2% | +$3.85B | ||
| 2022 | $11.97B | +47.8% | +$3.87B | ||
| 2021 | $8.10B | -9.0% | −$800.00M | ||
| 2020 | $8.90B | -36.9% | −$5.20B | ||
| 2019 | $14.10B | +2.2% | +$300.00M | ||
| 2018 | $13.80B | +3.0% | +$396.00M | ||
| 2017 | $13.40B | -26.0% | −$4.71B | ||
| 2016 | $18.11B | -38.6% | −$11.39B | ||
| 2015 | $29.50B | -16.7% | −$5.90B | ||
| 2014 | $35.41B | -6.8% | −$2.58B | ||
| 2013 | $37.98B | +22.8% | +$7.05B | ||
| 2012 | $30.94B | +16.7% | +$4.44B | ||
| 2011 | $26.50B | +35.1% | +$6.89B | ||
| 2010 | $19.61B | -1.2% | −$231.00M | ||
| 2009 | $19.84B | +0.9% | +$177.00M | ||
| 2008 | $19.67B | +17.9% | +$2.99B | ||
| 2007 | $16.68B | +20.7% | +$2.87B | ||
| 2006 | $13.81B | +58.8% | +$5.11B | ||
| 2005 | $8.70B | +37.9% | +$2.39B | ||
| 2004 | $6.31B | +12.2% | +$685.00M | ||
| 2003 | $5.63B | -26.0% | −$1.97B | ||
| 2002 | $7.60B | -21.8% | −$2.12B | ||
| 2001 | $9.71B | +27.3% | +$2.08B | ||
| 2000 | $7.63B | -3.4% | −$266.00M | ||
| 1999 | $7.89B | +103.5% | +$4.01B | ||
| 1998 | $3.88B | -0.5% | −$19.00M | ||
| 1997 | $3.90B | +13.9% | +$475.00M | ||
| 1996 | $3.42B | -3.0% | −$105.00M | ||
| 1995 | $3.53B | +3.6% | +$124.00M | ||
| 1994 | $3.40B | +2.5% | +$82.00M | ||
| 1993 | $3.32B | -0.9% | −$29.00M | ||
| 1992 | $3.35B | — | — |
- 2025$17.35B+5.5%
- 2024$16.45B+3.9%
- 2023$15.83B+32.2%
- 2022$11.97B+47.8%
- 2021$8.10B-9.0%
- 2020$8.90B-36.9%
- 2019$14.10B+2.2%
- 2018$13.80B+3.0%
- 2017$13.40B-26.0%
- 2016$18.11B-38.6%
- 2015$29.50B-16.7%
- 2014$35.41B-6.8%
- 2013$37.98B+22.8%
- 2012$30.94B+16.7%
- 2011$26.50B+35.1%
- 2010$19.61B-1.2%
- 2009$19.84B+0.9%
- 2008$19.67B+17.9%
- 2007$16.68B+20.7%
- 2006$13.81B+58.8%
- 2005$8.70B+37.9%
- 2004$6.31B+12.2%
- 2003$5.63B-26.0%
- 2002$7.60B-21.8%
- 2001$9.71B+27.3%
- 2000$7.63B-3.4%
- 1999$7.89B+103.5%
- 1998$3.88B-0.5%
- 1997$3.90B+13.9%
- 1996$3.42B-3.0%
- 1995$3.53B+3.6%
- 1994$3.40B+2.5%
- 1993$3.32B-0.9%
- 1992$3.35B—
CapEx values are taken from Chevron's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Chevron (CVX)
According to Chevron's latest reported financial statements, the company's current CapEx (TTM) is $17.70B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Chevron (CVX) CapEx totalled $17.35B – grew 5.5% year-over-year.
Through 2020–2025 (5 years), Chevron CapEx delivered a +14.3% annualised rate; sustaining 4 straight years of year-over-year growth.
Chevron CapEx plunged from $37.98B in 2013 to $17.35B in 2025, a 54.3% drawdown.
$37.98B stands as the all-time-high annual CapEx, posted in 2013, against a low of $3.32B during 1993.
Chevron Capital Expenditures by Year
Chevron Capital Expenditures 2025: $17.35B
2025's CapEx for Chevron came in at $17.35B, grew 5.5% from 2024.
Chevron Capital Expenditures 2024: $16.45B
Chevron posted CapEx of $16.45B in 2024, edged up 3.9% from 2023.
Chevron Capital Expenditures 2023: $15.83B
In 2023, Chevron reported CapEx of $15.83B, surged 32.2% from 2022.
Chevron Capital Expenditures 2022: $11.97B
Chevron CapEx in 2022 was $11.97B, surged 47.8% from 2021.
Chevron Capital Expenditures 2021: $8.10B
Chevron CapEx in 2021 was $8.10B.
See more financial history for Chevron (CVX).
Sector peers by CapEx
Energy peers of Chevron (CVX), ranked by their latest CapEx
| $28.36B | |
| $8.83B | |
| $6.12B | |
| $4.89B | |
| $3.49B | |
| $3.02B | |
| $1.69B | |
| $796.00M |
- $28.36B
- $8.83B
- $6.12B
- $4.89B
- $3.49B
- $3.02B
- $1.69B
- $796.00M
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