Shares Outstanding for Chevron (CVX)
According to Chevron's latest reported financial statements, the company's latest reported diluted shares outstanding is 2.00B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CVX
Currently viewingShares OutstandingSwitch metric
Latest period
2.00B
YoY change
+2.2%
5Y CAGR
-0.2%
Peak year (2006)
2.20B
Latest annual
1.86B
Shares Outstanding history chart for Chevron (CVX) from 1992 to 2025
Shares Outstanding history table for Chevron (CVX) from 1992 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 1.86B | +2.2% | ||
| 2024 | 1.82B | -3.4% | ||
| 2023 | 1.88B | -3.1% | ||
| 2022 | 1.94B | +1.0% | ||
| 2021 | 1.92B | +2.7% | ||
| 2020 | 1.87B | -1.3% | ||
| 2019 | 1.90B | -1.0% | ||
| 2018 | 1.91B | +0.9% | ||
| 2017 | 1.90B | +1.3% | ||
| 2016 | 1.87B | -0.1% | ||
| 2015 | 1.87B | -1.2% | ||
| 2014 | 1.90B | -1.8% | ||
| 2013 | 1.93B | -1.6% | ||
| 2012 | 1.96B | -1.8% | ||
| 2011 | 2.00B | -0.4% | ||
| 2010 | 2.01B | +0.4% | ||
| 2009 | 2.00B | -2.4% | ||
| 2008 | 2.05B | -3.8% | ||
| 2007 | 2.13B | -3.0% | ||
| 2006 | 2.20B | +1.9% | ||
| 2005 | 2.16B | +1.6% | ||
| 2004 | 2.12B | +2.2% | ||
| 2003 | 2.08B | -2.7% | ||
| 2002 | 2.14B | +0.5% | ||
| 2001 | 2.12B | +62.4% | ||
| 2000 | 1.31B | -0.9% | ||
| 1999 | 1.32B | +0.5% | ||
| 1998 | 1.31B | -0.2% | ||
| 1997 | 1.32B | +0.8% | ||
| 1996 | 1.31B | +0.1% | ||
| 1995 | 1.30B | +0.1% | ||
| 1994 | 1.30B | +0.1% | ||
| 1993 | 1.30B | -4.0% | ||
| 1992 | 1.36B | — |
Shares Outstanding values are taken from Chevron's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Chevron (CVX) most recent annual diluted shares outstanding stands at 1.86B (2025) – edged up 2.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Chevron diluted shares outstanding compounded at -0.2% per year, with a net decline across the window.
Chevron diluted shares outstanding declined from 2.20B in 2006 to 1.86B in 2025, a 15.5% drawdown.
The highest annual diluted shares outstanding of 2.20B was reported in 2006. The lowest in the available history was 1.30B in 1993.
Within Energy, Chevron (CVX) ranks 4th among 8 peers we track. The peer median for diluted shares outstanding is 1.37B.
Chevron Shares Outstanding by Year
Chevron Shares Outstanding 2025: 1.86B
Chevron diluted shares outstanding in 2025 was 1.86B, edged up 2.2% from 2024.
Chevron Shares Outstanding 2024: 1.82B
Chevron diluted shares outstanding in 2024 was 1.82B, edged down 3.4% below 2023.
Chevron Shares Outstanding 2023: 1.88B
Chevron diluted shares outstanding in 2023 was 1.88B, edged down 3.1% below 2022.
Chevron Shares Outstanding 2022: 1.94B
Chevron diluted shares outstanding in 2022 was 1.94B, edged up 1.0% from 2021.
Chevron Shares Outstanding 2021: 1.92B
Chevron diluted shares outstanding in 2021 was 1.92B.
See more financial history for Chevron (CVX).
Sector peers — Shares Outstanding
Companies in the same sector as Chevron, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | 4.30B | Energy |
| Kinder Morgan, Inc. (KMI) | 2.23B | Energy |
| Enbridge Inc. (ENB) | 2.19B | Energy |
| SLB N.V. (SLB) | 1.49B | Energy |
| ConocoPhillips (COP) | 1.25B | Energy |
| The Williams Companies, Inc. (WMB) | 1.22B | Energy |
| EOG Resources, Inc. (EOG) | 539.23M | Energy |
| Valero Energy Corporation (VLO) | 309.00M | Energy |
Frequently asked questions
What is Chevron's diluted shares outstanding?
- Latest reported diluted shares outstanding for Chevron (CVX) is 2.00B (period ending December 31, 2025).
How has Chevron diluted shares outstanding changed year-over-year?
- Chevron (CVX) diluted shares outstanding changed +2.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Chevron diluted shares outstanding?
- Chevron (CVX) diluted shares outstanding compound annual growth rate is -0.2% over the most recent 5 years available.
When did Chevron diluted shares outstanding hit its highest annual value?
- Chevron diluted shares outstanding reached its highest annual value of 2.20B in 2006.
What was Chevron diluted shares outstanding in 2024?
- Chevron (CVX) diluted shares outstanding in 2024 was 1.82B.
What was Chevron diluted shares outstanding in 2025?
- Chevron (CVX) diluted shares outstanding in 2025 was 1.86B.
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