TTM
$15.6B
YoY change
-42.7%
5Y CAGR
—
Peak year (FY2022)
$40B
Cumulative operating income
$584B
Operating Income history chart for Chevron (CVX) from 2016 to 2025
Latest: $16.7B
Operating Income growth chart for Chevron (CVX) from 2016 to 2025
Latest: -42.7%
Operating Income history table for Chevron (CVX) from 1992 to 2025
| FY2025 | $16.7B | -42.7% | -$12.4B | ||
| FY2024 | $29.1B | -13.9% | -$4.69B | ||
| FY2023 | $33.8B | -15.4% | -$6.16B | ||
| FY2022 | $40B | +148.1% | +$23.8B | ||
| FY2021 | $16.1B | -332.0% | +$23B | ||
| FY2020 | -$6.94B | -7042.0% | -$7.04B | ||
| FY2019 | $100M | -99.3% | -$14.3B | ||
| FY2018 | $14.4B | +361.8% | +$11.3B | ||
| FY2017 | $3.13B | -157.2% | +$8.6B | ||
| FY2016 | -$5.47B | +47.5% | -$1.76B | ||
| FY2015 | -$3.71B | -118.8% | -$23.4B | ||
| FY2014 | $19.7B | -27.5% | -$7.49B | ||
| FY2013 | $27.2B | -22.3% | -$7.8B | ||
| FY2012 | $35B | -8.6% | -$3.29B | ||
| FY2011 | $38.3B | +50.9% | +$12.9B | ||
| FY2010 | $25.4B | +255.8% | +$18.2B | ||
| FY2009 | $7.13B | -81.1% | -$30.6B | ||
| FY2008 | $37.7B | +16.2% | +$5.25B | ||
| FY2007 | $32.4B | -0.2% | -$57M | ||
| FY2006 | $32.5B | -5.8% | -$2B | ||
| FY2005 | $34.5B | +18.9% | +$5.48B | ||
| FY2004 | $29B | +42.7% | +$8.69B | ||
| FY2003 | $20.3B | +44.1% | +$6.23B | ||
| FY2002 | $14.1B | -18.8% | -$3.25B | ||
| FY2001 | $17.4B | -20.7% | -$4.52B | ||
| FY2000 | $21.9B | +67.7% | +$8.83B | ||
| FY1999 | $13B | +482.6% | +$10.8B | ||
| FY1998 | $2.24B | -61.5% | -$3.58B | ||
| FY1997 | $5.81B | +13.9% | +$710M | ||
| FY1996 | $5.1B | +133.1% | +$2.91B | ||
| FY1995 | $2.19B | -30.5% | -$959M | ||
| FY1994 | $3.15B | -66.5% | -$6.26B | ||
| FY1993 | $9.41B | -2.4% | -$231M | ||
| FY1992 | $9.64B | — | — |
- FY2025$16.7B-42.7%
- FY2024$29.1B-13.9%
- FY2023$33.8B-15.4%
- FY2022$40B+148.1%
- FY2021$16.1B-332.0%
- FY2020-$6.94B-7042.0%
- FY2019$100M-99.3%
- FY2018$14.4B+361.8%
- FY2017$3.13B-157.2%
- FY2016-$5.47B+47.5%
- FY2015-$3.71B-118.8%
- FY2014$19.7B-27.5%
- FY2013$27.2B-22.3%
- FY2012$35B-8.6%
- FY2011$38.3B+50.9%
- FY2010$25.4B+255.8%
- FY2009$7.13B-81.1%
- FY2008$37.7B+16.2%
- FY2007$32.4B-0.2%
- FY2006$32.5B-5.8%
- FY2005$34.5B+18.9%
- FY2004$29B+42.7%
- FY2003$20.3B+44.1%
- FY2002$14.1B-18.8%
- FY2001$17.4B-20.7%
- FY2000$21.9B+67.7%
- FY1999$13B+482.6%
- FY1998$2.24B-61.5%
- FY1997$5.81B+13.9%
- FY1996$5.1B+133.1%
- FY1995$2.19B-30.5%
- FY1994$3.15B-66.5%
- FY1993$9.41B-2.4%
- FY1992$9.64B—
Operating Income 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 Operating Income at Chevron (CVX)
According to Chevron's latest reported financial statements, the company's current operating income (TTM) is $15.6B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Chevron (CVX) operating income is $16.7B – plunged 42.7% year-over-year.
Chevron operating income plunged from $40B in 2022 to $16.7B in 2025, a 58.3% drawdown.
2022 marks the peak operating income at $40B, with the historical low of -$6.94B recorded in 2020.
Chevron Operating Income by Year
Chevron Operating Income 2025: $16.7B
In 2025, Chevron reported operating income of $16.7B, plunged 42.7% below 2024.
Chevron Operating Income 2024: $29.1B
Chevron operating income in 2024 was $29.1B, declined 13.9% below 2023.
Chevron Operating Income 2023: $33.8B
2023's operating income for Chevron came in at $33.8B, declined 15.4% below 2022.
Chevron Operating Income 2022: $40B
Chevron posted operating income of $40B in 2022, surged 148.1% from 2021. This figure represents the highest annual value in the available history.
Chevron Operating Income 2021: $16.1B
Chevron operating income in 2021 was $16.1B.
See more financial history for Chevron (CVX).
Sector peers by Operating Income
Energy peers of Chevron (CVX), ranked by their latest operating income
| $11.5B | |
| $7.93B | |
| $7.86B | |
| $5.77B | |
| $5.46B | |
| $4.4B | |
| $4.31B | |
| $3.52B |
- $11.5B
- $7.93B
- $7.86B
- $5.77B
- $5.46B
- $4.31B
- $3.52B
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