What is the current annual gross margin of CVX?

As of today, CVX annual gross margin is 11.71%

What is 1-year change in CVX annual gross margin?

CVX annual gross margin is down -21.88% year-over-year

What is 3-year change in CVX annual gross margin?

CVX annual gross margin is down -44.76% over the past 3 years

How far is CVX annual gross margin from its all-time high?

CVX annual gross margin is currently -73.53% below its historical high of 44.24% set on December 31, 1997

How does CVX annual gross margin rank versus sector peers?

CVX annual gross margin is higher than 26.53% of companies in Energy sector

When is CVX next annual earnings release?

As of today, the next annual earnings release for CVX has not been scheduled

What is the current quarterly gross margin of CVX?

As of today, CVX quarterly gross margin is 24.87%

What is CVX quarterly gross margin most recent change?

CVX quarterly gross margin was up +49.10% on June 30, 2026

What is 1-year change in CVX quarterly gross margin?

CVX quarterly gross margin is up +78.28% year-over-year

How far is CVX quarterly gross margin from its all-time high?

CVX quarterly gross margin is currently -78.67% below its historical high of 116.61% set on December 31, 1993

How does CVX quarterly gross margin rank versus sector peers?

CVX quarterly gross margin is higher than 43.97% of companies in Energy sector

When is CVX next earnings release?

The next earnings release for CVX is on October 30, 2026

CVX Gross Margin History & Chart Since 1980

Annual Gross Margin

11.71%3.28%-21.88%

December 31, 2025

Summary

Current Value: As of today, CVX annual gross margin is 11.71%, down -21.88% on December 31, 2025
Historical Performance: CVX annual gross margin is down -44.76% over the past 3 years, up +82.40% over the past 5 years
All-Time High Comparison: CVX annual gross margin is currently -73.53% below its historical high of 44.24% set on December 31, 1997
3-Year Low Comparison: CVX annual gross margin is at its 3-year low
Sector Comparison: CVX annual gross margin is higher than 26.53% of companies in Energy sector

Gross Margin Chart

beforeafter

Performance

CVX Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	11.71%	-21.9%	-44.8%	+82.4%	-52.3%
Quarterly Gross Margin	Jun 30, 26	24.87%	+78.3%	+39.5%	+44.9%	-1.8%
Price	Aug 10, 26	$194.91	+27.0%	+18.7%	+89.5%	+107.2%
PE Ratio	Aug 10, 26	18.69	-5.7%	+79.5%	-66.2%	+127.7%
Annual Revenue	Dec 31, 25	$184.53B	-4.6%	-21.9%	+95.5%	-6.9%
Annual Gross Profit	Dec 31, 25	$21.59B	-25.5%	-56.9%	+256.1%	-55.6%
Annual Operating Margin	Dec 31, 25	8.87%	-10.8%	-49.5%	+349.2%	-31.7%
Annual Net Margin	Dec 31, 25	6.77%	-26.2%	-55.0%	+214.9%	-29.8%

Gross Margin Highs

CVX Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	21.20%	N/A	-44.8%
5Y	21.20%	Dec 31, 22	-44.8%
All	44.24%	Dec 31, 97	-73.5%

Gross Margin Lows

CVX Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	11.71%	Dec 31, 25	at low
5Y	6.42%	N/A	+82.4%
All	6.42%	Dec 31, 20	+82.4%

Gross Margin History

Year	Value	Change
2025	11.71%	-21.9%
2024	14.99%	-19.9%
2023	18.72%	-11.7%
2022	21.20%	+17.5%
2021	18.04%	+181.0%
2020	6.42%	-53.8%
2019	13.90%	-7.2%
2018	14.98%	-2.5%
2017	15.36%	+62.5%
2016	9.45%	-1.7%
2015	9.61%	-47.0%
2014	18.12%	-11.3%
2013	20.42%	-9.8%
2012	22.63%	-6.0%
2011	24.08%	-1.9%
2010	24.54%	+11.4%
2009	22.02%	-6.0%
2008	23.43%	-6.8%
2007	25.14%	-3.3%
2006	25.99%	+7.5%
2005	24.18%	-11.0%
2004	27.16%	-14.1%
2003	31.60%	+0.2%

Year	Value	Change
2002	31.53%	-2.1%
2001	32.20%	-8.3%
2000	35.11%	+118.8%
1999	16.05%	-7.0%
1998	17.26%	-61.0%
1997	44.24%	+173.6%
1996	16.17%	+42.2%
1995	11.37%	-18.4%
1994	13.93%	-11.2%
1993	15.68%	+4.2%
1992	15.05%	+5.2%
1991	14.31%	-15.6%
1990	16.96%	+35.1%
1989	12.55%	-35.2%
1988	19.36%	+8.0%
1987	17.92%	+12.0%
1986	16.00%	-56.1%
1985	36.46%	+17.4%
1984	31.05%	-2.8%
1983	31.93%	+30.8%
1982	24.42%	+12.7%
1981	21.66%	-2.7%
1980	22.25%	-

FAQ

What is the current annual gross margin of CVX?: As of today, CVX annual gross margin is 11.71%
What is 1-year change in CVX annual gross margin?: CVX annual gross margin is down -21.88% year-over-year
What is 3-year change in CVX annual gross margin?: CVX annual gross margin is down -44.76% over the past 3 years
How far is CVX annual gross margin from its all-time high?: CVX annual gross margin is currently -73.53% below its historical high of 44.24% set on December 31, 1997
How does CVX annual gross margin rank versus sector peers?: CVX annual gross margin is higher than 26.53% of companies in Energy sector
When is CVX next annual earnings release?: As of today, the next annual earnings release for CVX has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

24.87%8.19%+49.10%

June 30, 2026

Summary

Current Value: As of today, CVX quarterly gross margin is 24.87%, up +49.10% on June 30, 2026
Historical Performance: CVX quarterly gross margin is up +78.28% year-over-year, up +39.48% over the past 3 years
All-Time High Comparison: CVX quarterly gross margin is currently -78.67% below its historical high of 116.61% set on December 31, 1993
3-Year Low Comparison: CVX quarterly gross margin is +131.35% above its 3-year low of 10.75% reached on December 31, 2024
Sector Comparison: CVX quarterly gross margin is higher than 43.97% of companies in Energy sector

Performance

CVX Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	24.87%	+49.1%	+78.3%	+39.5%	+44.9%
Annual Gross Margin	Dec 31, 25	11.71%	–	-21.9%	-44.8%	+82.4%
Price	Aug 10, 26	$194.91	+5.5%	+27.0%	+18.7%	+89.5%
PE Ratio	Aug 10, 26	18.69	-41.7%	-5.7%	+79.5%	-66.2%
Quarterly Revenue	Jun 30, 26	$66.93B	+32.5%	+51.1%	+42.0%	+84.0%
Quarterly Gross Profit	Jun 30, 26	$15.39B	+82.7%	+149.1%	+83.1%	+146.6%
Quarterly Operating Margin	Jun 30, 26	21.10%	+75.8%	+139.2%	+60.5%	+124.7%
Quarterly Net Margin	Jun 30, 26	18.18%	+300.4%	+220.1%	+42.6%	+113.9%

Quarterly Gross Margin Highs

CVX Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	24.87%	Jun 30, 26	at high
3Y	24.87%	Jun 30, 26	at high
5Y	24.87%	Jun 30, 26	at high
All	116.61%	Dec 31, 93	-78.7%

Quarterly Gross Margin Lows

CVX Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	13.95%	N/A	+78.3%
3Y	10.75%	Dec 31, 24	+131.3%
5Y	10.75%	Dec 31, 24	+131.3%
All	-43.95%	Dec 31, 98	+156.6%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	24.87%	+49.1%
Mar 2026	16.68%	+12.2%
Dec 2025	14.86%	-0.5%
Sep 2025	14.93%	+7.0%
Jun 2025	13.95%	-6.1%
Mar 2025	14.86%	+38.2%
Dec 2024	10.75%	-27.4%
Sep 2024	14.81%	-7.3%
Jun 2024	15.98%	-8.7%
Mar 2024	17.50%	+16.4%
Dec 2023	15.03%	-14.4%
Sep 2023	17.55%	-1.6%
Jun 2023	17.83%	-10.8%
Mar 2023	19.98%	+35.5%
Dec 2022	14.75%	-36.2%
Sep 2022	23.11%	-1.5%
Jun 2022	23.47%	+12.0%
Mar 2022	20.95%	+10.1%
Dec 2021	19.02%	-7.6%
Sep 2021	20.59%	+20.0%
Jun 2021	17.16%	+21.0%
Mar 2021	14.18%	-24.7%
Dec 2020	18.82%	+153.3%
Sep 2020	7.43%	+139.6%
Jun 2020	-18.76%	-237.1%
Mar 2020	13.68%	+161.6%
Dec 2019	-22.22%	-254.5%
Sep 2019	14.38%	-10.5%
Jun 2019	16.06%	-0.6%
Mar 2019	16.16%	+32.4%
Dec 2018	12.21%	-21.1%
Sep 2018	15.47%	+4.1%
Jun 2018	14.86%	-4.7%
Mar 2018	15.59%	+10.9%
Dec 2017	14.06%	-4.8%
Sep 2017	14.77%	+9.9%
Jun 2017	13.44%	-13.2%
Mar 2017	15.49%	+25.9%
Dec 2016	12.30%	-16.2%
Sep 2016	14.67%	+455.7%
Jun 2016	2.64%	-64.1%
Mar 2016	7.35%	+286.8%
Dec 2015	1.90%	-87.5%
Sep 2015	15.22%	+137.4%
Jun 2015	6.41%	-57.0%
Mar 2015	14.89%	+14.1%
Dec 2014	13.05%	-34.4%
Sep 2014	19.90%	+0.7%
Jun 2014	19.76%	+5.8%
Mar 2014	18.67%	-3.5%
Dec 2013	19.34%	-5.7%
Sep 2013	20.50%	+3.5%
Jun 2013	19.80%	-10.1%
Mar 2013	22.02%	+2.5%
Dec 2012	21.49%	-2.8%
Sep 2012	22.10%	-3.0%
Jun 2012	22.79%	-5.2%
Mar 2012	24.04%	+12.7%
Dec 2011	21.33%	-11.3%
Sep 2011	24.06%	-5.0%
Jun 2011	25.33%	-2.3%
Mar 2011	25.93%	+5.3%
Dec 2010	24.63%	+3.9%
Sep 2010	23.71%	-2.3%
Jun 2010	24.26%	-5.2%
Mar 2010	25.60%	+13.6%
Dec 2009	22.54%	-3.7%

Month	Value	Change
Sep 2009	23.40%	+6.7%
Jun 2009	21.93%	+11.7%
Mar 2009	19.64%	-24.5%
Dec 2008	26.02%	+6.8%
Sep 2008	24.36%	+15.5%
Jun 2008	21.09%	-10.3%
Mar 2008	23.52%	-2.9%
Dec 2007	24.21%	+4.8%
Sep 2007	23.10%	-14.3%
Jun 2007	26.96%	+1.5%
Mar 2007	26.55%	+2.7%
Dec 2006	25.85%	-9.0%
Sep 2006	28.40%	+9.7%
Jun 2006	25.88%	+8.6%
Mar 2006	23.82%	+0.1%
Dec 2005	23.80%	-8.8%
Sep 2005	26.09%	-7.0%
Jun 2005	28.05%	+2.0%
Mar 2005	27.49%	+5.0%
Dec 2004	26.17%	+18.0%
Sep 2004	22.17%	-36.8%
Jun 2004	35.07%	+10.8%
Mar 2004	31.66%	-12.1%
Dec 2003	36.00%	+1.0%
Sep 2003	35.63%	-0.7%
Jun 2003	35.89%	-1.2%
Mar 2003	36.33%	+6.3%
Dec 2002	34.18%	+8.6%
Sep 2002	31.48%	-0.2%
Jun 2002	31.54%	-0.2%
Mar 2002	31.60%	+129.3%
Dec 2001	13.78%	-59.4%
Sep 2001	33.94%	-4.8%
Jun 2001	35.66%	-7.2%
Mar 2001	38.43%	-6.4%
Dec 2000	41.06%	+20.1%
Sep 2000	34.18%	+5.3%
Jun 2000	32.45%	-1.7%
Mar 2000	33.01%	+250.9%
Dec 1999	-21.88%	-174.0%
Sep 1999	29.56%	-10.5%
Jun 1999	33.02%	-11.7%
Mar 1999	37.40%	+185.1%
Dec 1998	-43.95%	-220.4%
Sep 1998	36.51%	-2.2%
Jun 1998	37.33%	+6.3%
Mar 1998	35.12%	-63.7%
Dec 1997	96.74%	+160.4%
Sep 1997	37.15%	-5.6%
Jun 1997	39.34%	+11.1%
Mar 1997	35.40%	-59.3%
Dec 1996	87.04%	+160.1%
Sep 1996	33.47%	-4.8%
Jun 1996	35.16%	+4.3%
Mar 1996	33.70%	-66.8%
Dec 1995	101.50%	+201.9%
Sep 1995	33.62%	-9.0%
Jun 1995	36.94%	+8.1%
Mar 1995	34.17%	-68.8%
Dec 1994	109.46%	+271.1%
Sep 1994	29.50%	-11.7%
Jun 1994	33.41%	-7.3%
Mar 1994	36.04%	-69.1%
Dec 1993	116.61%	+237.4%
Sep 1993	34.56%	+36.2%
Jun 1993	25.38%	-24.8%
Mar 1993	33.73%	-

FAQ

What is the current quarterly gross margin of CVX?: As of today, CVX quarterly gross margin is 24.87%
What is CVX quarterly gross margin most recent change?: CVX quarterly gross margin was up +49.10% on June 30, 2026
What is 1-year change in CVX quarterly gross margin?: CVX quarterly gross margin is up +78.28% year-over-year
How far is CVX quarterly gross margin from its all-time high?: CVX quarterly gross margin is currently -78.67% below its historical high of 116.61% set on December 31, 1993
How does CVX quarterly gross margin rank versus sector peers?: CVX quarterly gross margin is higher than 43.97% of companies in Energy sector
When is CVX next earnings release?: The next earnings release for CVX is on October 30, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

CVX Official Website www.chevron.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/93410/000009341026000019/0000093410-26-000019-index.htm
CVX Profile on Yahoo Finance finance.yahoo.com/quote/CVX
CVX Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cvx