Chevron Corp (CVX)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 19,743,000 27,506,000 29,584,000 49,674,000 21,639,000
Revenue US$ in thousands 187,027,000 193,414,000 196,913,000 246,252,000 155,606,000
Pretax margin 10.56% 14.22% 15.02% 20.17% 13.91%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $19,743,000K ÷ $187,027,000K
= 10.56%


Peer comparison

Dec 31, 2025

Company name
Symbol
Pretax margin
Chevron Corp
CVX
10.56%
Exxon Mobil Corp
XOM
12.74%
National Fuel Gas Company
NFG
30.47%