Chevron (CVX) Revenue & Revenue Breakdown


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Chevron Revenue Highlights


Latest Revenue (Y)

$200.95B

Latest Revenue (Q)

$49.57B

Main Segment (Y)

Downstream

Main Geography (Y)

Non-US

Chevron Revenue by Period


Chevron Revenue by Year

DateRevenueChange
2023-12-31$200.95B-14.75%
2022-12-31$235.72B51.48%
2021-12-31$155.61B64.71%
2020-12-31$94.47B-32.46%
2019-12-31$139.87B-11.98%
2018-12-31$158.90B17.99%
2017-12-31$134.67B22.19%
2016-12-31$110.22B-15.17%
2015-12-31$129.93B-35.20%
2014-12-31$200.49B-8.93%
2013-12-31$220.16B-4.52%
2012-12-31$230.59B-6.39%
2011-12-31$246.34B369.07%
2010-12-31$52.52B-69.40%
2009-12-31$171.64B-37.13%
2008-12-31$273.00B23.59%
2007-12-31$220.90B5.13%
2006-12-31$210.12B6.01%
2005-12-31$198.20B27.62%
2004-12-31$155.30B27.54%
2003-12-31$121.76B22.93%
2002-12-31$99.05B-6.77%
2001-12-31$106.25B-10.82%
2000-12-31$119.13B38.99%
1999-12-31$85.71B180.50%
1998-12-31$30.56B-27.16%
1997-12-31$41.95B-4.43%
1996-12-31$43.89B18.37%
1995-12-31$37.08B4.71%
1994-12-31$35.41B-3.35%
1993-12-31$36.64B-

Chevron generated $200.95B in revenue during NA 2023, up -14.75% compared to the previous quarter, and up 126.46% compared to the same period a year ago.

Chevron Revenue by Quarter

DateRevenueChange
2024-06-30$49.57B6.07%
2024-03-31$46.74B-0.94%
2023-12-31$47.18B-9.13%
2023-09-30$51.92B9.97%
2023-06-30$47.22B-3.33%
2023-03-31$48.84B-10.42%
2022-12-31$54.52B-14.15%
2022-09-30$63.51B-2.85%
2022-06-30$65.37B24.96%
2022-03-31$52.31B14.07%
2021-12-31$45.86B7.78%
2021-09-30$42.55B17.82%
2021-06-30$36.12B16.22%
2021-03-31$31.08B25.09%
2020-12-31$24.84B3.53%
2020-09-30$24.00B50.68%
2020-06-30$15.93B-46.39%
2020-03-31$29.70B-14.08%
2019-12-31$34.57B-0.59%
2019-09-30$34.78B-4.25%
2019-06-30$36.32B6.24%
2019-03-31$34.19B-15.24%
2018-12-31$40.34B-4.20%
2018-09-30$42.10B3.99%
2018-06-30$40.49B12.58%
2018-03-31$35.97B-1.14%
2017-12-31$36.38B7.34%
2017-09-30$33.89B3.09%
2017-06-30$32.88B4.29%
2017-03-31$31.52B4.58%
2016-12-31$30.14B3.37%
2016-09-30$29.16B4.72%
2016-06-30$27.84B20.69%
2016-03-31$23.07B-17.65%
2015-12-31$28.01B-14.51%
2015-09-30$32.77B-11.03%
2015-06-30$36.83B13.97%
2015-03-31$32.31B-23.26%
2014-12-31$42.11B-18.74%
2014-09-30$51.82B-6.77%
2014-06-30$55.58B9.03%
2014-03-31$50.98B-5.51%
2013-12-31$53.95B-4.69%
2013-09-30$56.60B2.34%
2013-06-30$55.31B1.86%
2013-03-31$54.30B-0.02%
2012-12-31$54.31B-4.34%
2012-09-30$56.77B-6.19%
2012-06-30$60.52B2.58%
2012-03-31$59.00B0.99%
2011-12-31$58.42B-6.09%
2011-09-30$62.20B-7.25%
2011-06-30$67.07B14.34%
2011-03-31$58.65B11.69%
2010-12-31$52.52B8.34%
2010-09-30$48.48B-5.60%
2010-06-30$51.35B9.39%
2010-03-31$46.94B-1.75%
2009-12-31$47.78B4.88%
2009-09-30$45.55B15.41%
2009-06-30$39.47B11.12%
2009-03-31$35.52B-21.42%
2008-12-31$45.20B-42.68%
2008-09-30$78.87B-4.97%
2008-06-30$82.99B25.84%
2008-03-31$65.95B7.39%
2007-12-31$61.41B-

Chevron generated $49.57B in revenue during Q2 2024, up 6.07% compared to the previous quarter, and up 101.50% compared to the same period a year ago.

Chevron Revenue Breakdown


Chevron Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Upstream$83.92B$106.98B---
Downstream$161.63B$179.56B---
Oil and Gas-$14.18B$14.10B$8.41B$9.33B

Chevron's latest annual revenue breakdown by segment (product or service), as of Dec 23: Downstream (65.82%), and Upstream (34.18%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Downstream$38.33B$39.73B$43.78B-----------------
Upstream$21.95B$23.56B$20.91B-----------------
Oil and Gas--$64.84B$36.00M$30.00M$54.52B$32.00M$38.00M$16.00M$36.00M$39.00M$25.00M$24.00M$24.84B$37.00M$33.00M$2.19B$59.00M$61.00M$60.00M

Chevron's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Downstream (63.59%), and Upstream (36.41%).

Chevron Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Non-US$121.86B$143.90B$2.00M$15.00M$20.00M
UNITED STATES$595.00M$515.00M$506.00M$744.00M$1.06B

Chevron's latest annual revenue breakdown by geography, as of Dec 23: Non-US (99.51%), and UNITED STATES (0.49%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
UNITED STATES$120.00M$182.00M$149.00M$156.00M$108.00M$34.37B$137.00M$141.00M$83.00M$185.00M$87.00M$210.00M$24.00M$12.32B$208.00M$227.00M$210.00M$301.00M$270.00M$271.00M
Non-US$28.88B$30.66B$31.66B-$1.00M$33.16B$1.00M$1.00M-$1.00M$1.00M--$16.93B$3.00M$6.00M$2.00M$8.00M$5.00M$5.00M

Chevron's latest quarterly revenue breakdown by geography, as of Mar 24: Non-US (99.59%), and UNITED STATES (0.41%).

Chevron Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ECEcopetrol$143.08T$31.30T
XOMExxon Mobil$334.70B$89.99B
SHELShell$301.01B$70.83B
TTETotalEnergies SE$218.94B$51.88B
BPBP p.l.c.$210.13B$48.88B
CVXChevron$200.95B$49.57B
EQNREquinor ASA$106.85B$25.09B
PBRPetróleo Brasileiro S.A. - Petrobras$102.50B$23.77B
CVECenovus Energy$52.20B$13.40B
SUSuncor Energy$49.09B$13.30B
YPFYPF Sociedad Anónima$17.00B$4.31B

CVX Revenue FAQ


Chevron's yearly revenue for 2023 was $200.95B, representing a decrease of -14.75% compared to 2022. The company's yearly revenue for 2022 was $235.72B, representing an increase of 51.48% compared to 2021. CVX's yearly revenue for 2021 was $155.61B, representing an increase of 64.71% compared to 2020.

Chevron's quarterly revenue for Q2 2024 was $49.57B, a 6.07% increase from the previous quarter (Q1 2024), and a 4.99% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $46.74B, a -0.94% decrease from the previous quarter (Q4 2023), and a -4.31% decrease year-over-year (Q1 2023). CVX's quarterly revenue for Q4 2023 was $47.18B, a -9.13% decrease from the previous quarter (Q3 2023), and a -13.47% decrease year-over-year (Q4 2022).

Chevron's revenue growth rate for the last 3 years (2021-2023) was 29.14%, and for the last 5 years (2019-2023) was 43.67%.

Chevron's revenue streams in c 23 are Upstream, and Downstream. Upstream generated $83.92B in revenue, accounting 34.18% of the company's total revenue, down -21.55% year-over-year. Downstream generated $161.62B in revenue, accounting 65.82% of the company's total revenue, down -9.99% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Chevron was Downstream. This segment made a revenue of $161.62B, representing 65.82% of the company's total revenue.