Ticker League

TTM

7.2%

YoY change

+1.22pp

Trough year (2015)

-7.7%

Peak year (2022)

16.0%

FCF Margin history chart for Chevron (CVX) from 1992 to 2025

Latest: 9.0%

FCF Margin change chart for Chevron (CVX) from 1992 to 2025

Latest: +1.22pp

FCF Margin history table for Chevron (CVX) from 1992 to 2025

  • 20259.0%+1.22pp
  • 20247.8%-2.27pp
  • 202310.0%-5.92pp
  • 202216.0%+2.41pp
  • 202113.6%+11.78pp
  • 20201.8%-7.66pp
  • 20199.4%-1.13pp
  • 201810.6%+5.29pp
  • 20175.3%+10.06pp
  • 2016-4.8%+2.96pp
  • 2015-7.7%-5.77pp
  • 2014-2.0%-0.61pp
  • 2013-1.4%-4.77pp
  • 20123.4%-2.56pp
  • 20116.0%+0.05pp
  • 20105.9%+6.21pp
  • 2009-0.3%-4.00pp
  • 20083.7%-0.03pp
  • 20073.8%-1.25pp
  • 20065.0%-0.75pp
  • 20055.8%+0.36pp
  • 20045.4%-0.12pp
  • 20035.5%+3.14pp
  • 20022.4%+0.74pp
  • 20011.6%-3.26pp
  • 20004.9%+5.05pp
  • 1999-0.1%+0.34pp
  • 1998-0.5%-2.12pp
  • 19971.6%-3.78pp
  • 19965.4%+3.93pp
  • 19951.5%+2.89pp
  • 1994-1.4%-3.87pp
  • 19932.5%+1.02pp
  • 19921.4%

FCF Margin values are taken from Chevron's reported income 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 FCF Margin at Chevron (CVX)

According to Chevron's latest reported financial statements, the company's latest reported free cash flow margin is 7.2%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual free cash flow margin for Chevron (CVX) came in at 9.00% – expanded 1.2 percentage points year-over-year.

15.96% stands as the all-time-high annual free cash flow margin, posted in 2022, against a low of -7.73% during 2015.

Chevron FCF Margin by Year

Chevron FCF Margin 2025: 9.0%

Chevron posted free cash flow margin of 9.00% in 2025, expanded 1.2 percentage points from 2024.

Chevron FCF Margin 2024: 7.8%

In 2024, Chevron reported free cash flow margin of 7.78%, contracted 2.3 percentage points from 2023.

Chevron FCF Margin 2023: 10.0%

Chevron free cash flow margin in 2023 was 10.05%, contracted 5.9 percentage points from 2022.

Chevron FCF Margin 2022: 16.0%

2022's free cash flow margin for Chevron came in at 15.96%, expanded 2.4 percentage points from 2021. This figure represents the highest annual value in the available history.

Chevron FCF Margin 2021: 13.6%

Chevron free cash flow margin in 2021 was 13.55%.

See more financial history for Chevron (CVX).

Frequently asked questions