Chevron Corp (CVX)

Operating return on assets (Operating ROA)

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Operating income (ttm) US$ in thousands 10,955,000 8,772,000 9,504,000 11,120,000 18,917,000 21,908,000 26,008,000 26,734,000 28,503,000 31,113,000 34,063,000 40,476,000 39,950,000 36,891,000 31,053,000 21,616,000 16,180,000 10,522,000 4,239,000 -6,947,000
Total assets US$ in thousands 324,012,000 326,501,000 250,820,000 256,397,000 256,938,000 259,232,000 260,644,000 261,651,000 261,632,000 263,927,000 251,779,000 255,886,000 257,709,000 259,735,000 257,936,000 249,048,000 239,535,000 239,948,000 242,806,000 241,645,000
Operating ROA 3.38% 2.69% 3.79% 4.34% 7.36% 8.45% 9.98% 10.22% 10.89% 11.79% 13.53% 15.82% 15.50% 14.20% 12.04% 8.68% 6.75% 4.39% 1.75% -2.87%

December 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $10,955,000K ÷ $324,012,000K
= 3.38%


Peer comparison

Dec 31, 2025

Company name
Symbol
Operating ROA
Chevron Corp
CVX
3.38%
Exxon Mobil Corp
XOM
7.56%
National Fuel Gas Company
NFG
9.33%