Chevron Corp (CVX)

Financial leverage ratio

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
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
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
Financial leverage ratio 1.74 1.72 1.71 1.72 1.69 1.66 1.64 1.63 1.63 1.60 1.59 1.60 1.62 1.64 1.68 1.70 1.43 1.77 1.82 1.83

December 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $324,012,000K ÷ $186,450,000K
= 1.74


Peer comparison

Dec 31, 2025

Company name
Symbol
Financial leverage ratio
Chevron Corp
CVX
1.74
Exxon Mobil Corp
XOM
1.73
National Fuel Gas Company
NFG
2.82

See also:

Chevron Corp Financial Leverage (Quarterly Data)