Chevron Corp (CVX)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 20,960,000 | 28,100,000 | 30,053,000 | 50,190,000 | 22,351,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 152,318,000 | 160,957,000 | 159,282,000 | 167,378,000 |
| Return on total capital | — | 18.45% | 18.67% | 31.51% | 13.35% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $20,960,000K ÷ ($—K + $—K)
= —
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Chevron Corp
CVX
—
Exxon Mobil Corp
XOM
16.14%
National Fuel Gas Company
NFG
27.46%