Chevron Corp (CVX)

Pretax margin

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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 19,743,000 21,203,000 22,278,000 25,167,000 27,506,000 24,937,000 27,186,000 27,987,000 29,584,000 35,902,000 41,973,000 50,139,000 49,674,000 46,851,000 40,097,000 28,516,000 21,639,000 13,697,000 5,598,000 -9,421,000
Revenue (ttm) US$ in thousands 187,027,000 188,488,000 189,245,000 194,444,000 193,414,000 194,013,000 197,009,000 194,651,000 196,913,000 202,503,000 214,089,000 232,245,000 235,717,000 227,055,000 206,099,000 176,844,000 155,606,000 134,588,000 116,033,000 95,842,000
Pretax margin 10.56% 11.25% 11.77% 12.94% 14.22% 12.85% 13.80% 14.38% 15.02% 17.73% 19.61% 21.59% 21.07% 20.63% 19.46% 16.12% 13.91% 10.18% 4.82% -9.83%

December 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $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
30.61%