Chevron Corp
Research Chevron Corp (CVX) on Bullrun: valuation model: 12.6% undervalued, market cap USD 394.94B, P/E 19.2, dividend yield 3.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCVX
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Integrated
- CurrencyUSD
- Valuation signal12.6% undervalued
- Market capUSD 394.94B
- P/E19.2
- Dividend yield3.5%
- Financial periodQ2 2026
- RevenueUSD 67.20B
- Net incomeUSD 12.07B
- Free cash flowUSD 18.10B
- Gross margin36.5%
Valuation Snapshot
Bullrun's latest valuation model marks Chevron Corp as 12.6% undervalued; latest market cap is USD 394.94B; P/E is 19.2; dividend yield is 3.5%.
Peer valuation comparison
Latest P/E is 19.16x versus a Energy sector median of 14.75x (29.9% above).
Latest dividend yield is 3.53% versus a Energy sector median of 3.8% (7.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 184.43B | USD 12.30B | USD 16.59B | 41.3% | 6.63 | USD 7.29B | USD 10.92B | USD 186.45B |
| FY2024 | USD 193.41B | USD 17.70B | USD 15.04B | 38.4% | 9.72 | USD 8.26B | USD 12.66B | USD 152.32B |
| FY2023 | USD 196.91B | USD 21.40B | USD 19.78B | 39.5% | 11.36 | USD 8.18B | USD 5.07B | USD 160.96B |
| FY2022 | USD 235.72B | USD 35.50B | USD 37.63B | 38.3% | 18.28 | USD 17.68B | USD 6.01B | USD 159.28B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 394.94B | 19.2 | 3.5% | 7.05 |
| 2025 | 2025-12-31 | USD 301.81B | 22.9 | 4.5% | 6.84 |
| 2024 | 2024-12-31 | USD 256.22B | 14.9 | 4.5% | 6.52 |
| 2023 | 2023-12-29 | USD 278.61B | 11.1 | 4.0% | 6.04 |
| 2022 | 2022-12-30 | USD 344.53B | 10.2 | 3.2% | 5.68 |
| 2021 | 2021-12-31 | USD 224.80B | 14.4 | 4.5% | 5.31 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 7.05 USD, yield 3.5%.
| Year | Dividends/share |
|---|---|
| FY2025 | 6.84 USD |
| FY2024 | 6.52 USD |
| FY2023 | 6.04 USD |
| FY2022 | 5.68 USD |
About Chevron Corp
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines;
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Frequently asked questions
Is Chevron Corp overvalued or undervalued?
Bullrun's valuation model currently marks Chevron Corp as 12.6% undervalued.
What is Chevron Corp's market cap?
Chevron Corp's market capitalization is USD 394.94B.
What is Chevron Corp's P/E ratio?
Chevron Corp's price-to-earnings (P/E) ratio is 19.2.
Does Chevron Corp pay a dividend?
Chevron Corp has a dividend yield of 3.5%.
What does Chevron Corp do?
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant.