Chevron Corp (CVX)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 12,311,000 12,780,000 13,728,000 15,672,000 17,661,000 16,681,000 18,720,000 20,296,000 21,369,000 25,463,000 30,168,000 35,780,000 35,465,000 34,167,000 29,047,000 20,507,000 15,625,000 9,905,000 3,587,000 -7,765,000
Total stockholders’ equity US$ in thousands 186,450,000 189,843,000 146,417,000 149,244,000 152,318,000 156,202,000 159,233,000 160,625,000 160,957,000 165,265,000 158,325,000 159,449,000 159,282,000 158,680,000 153,554,000 146,219,000 167,378,000 135,862,000 133,182,000 131,888,000
ROE 6.60% 6.73% 9.38% 10.50% 11.59% 10.68% 11.76% 12.64% 13.28% 15.41% 19.05% 22.44% 22.27% 21.53% 18.92% 14.02% 9.34% 7.29% 2.69% -5.89%

December 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $12,311,000K ÷ $186,450,000K
= 6.60%


Peer comparison

Dec 31, 2025

Company name
Symbol
ROE
Chevron Corp
CVX
6.60%
Exxon Mobil Corp
XOM
11.12%
National Fuel Gas Company
NFG
16.76%

See also:

Chevron Corp Return on Equity (ROE) (Quarterly Data)