Chevron (CVX) Revenue & Revenue Breakdown

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Chevron Revenue Highlights

Latest Revenue (Y)

$200.95B

Latest Revenue (Q)

$54.17B

Main Segment (Y)

Downstream

Main Geography (Y)

Non-US

Chevron Revenue by Period

Chevron Revenue by Year

Date	Revenue	Change
2023-12-31	$200.95B	-14.75%
2022-12-31	$235.72B	51.48%
2021-12-31	$155.61B	64.71%
2020-12-31	$94.47B	-32.46%
2019-12-31	$139.87B	-11.98%
2018-12-31	$158.90B	17.99%
2017-12-31	$134.67B	22.19%
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	$246.34B	369.07%
2010-12-31	$52.52B	-69.40%
2009-12-31	$171.64B	-37.13%
2008-12-31	$273.00B	23.59%
2007-12-31	$220.90B	5.13%
2006-12-31	$210.12B	6.01%
2005-12-31	$198.20B	27.62%
2004-12-31	$155.30B	27.54%
2003-12-31	$121.76B	22.93%
2002-12-31	$99.05B	-6.77%
2001-12-31	$106.25B	-10.82%
2000-12-31	$119.13B	38.99%
1999-12-31	$85.71B	180.50%
1998-12-31	$30.56B	-27.16%
1997-12-31	$41.95B	-4.43%
1996-12-31	$43.89B	18.37%
1995-12-31	$37.08B	4.71%
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

Date	Revenue	Change
2024-09-30	$54.17B	9.28%
2024-06-30	$49.57B	6.43%
2024-03-31	$46.58B	-4.81%
2023-12-31	$48.93B	-5.76%
2023-09-30	$51.92B	9.97%
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	$65.37B	24.96%
2022-03-31	$52.31B	14.07%
2021-12-31	$45.86B	7.78%
2021-09-30	$42.55B	17.82%
2021-06-30	$36.12B	16.22%
2021-03-31	$31.08B	25.09%
2020-12-31	$24.84B	3.53%
2020-09-30	$24.00B	50.68%
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	$36.32B	6.24%
2019-03-31	$34.19B	-15.24%
2018-12-31	$40.34B	-4.20%
2018-09-30	$42.10B	3.99%
2018-06-30	$40.49B	12.58%
2018-03-31	$35.97B	-1.14%
2017-12-31	$36.38B	7.34%
2017-09-30	$33.89B	3.09%
2017-06-30	$32.88B	4.29%
2017-03-31	$31.52B	4.58%
2016-12-31	$30.14B	3.37%
2016-09-30	$29.16B	4.72%
2016-06-30	$27.84B	20.69%
2016-03-31	$23.07B	-17.65%
2015-12-31	$28.01B	-14.51%
2015-09-30	$32.77B	-11.03%
2015-06-30	$36.83B	13.97%
2015-03-31	$32.31B	-23.26%
2014-12-31	$42.11B	-18.74%
2014-09-30	$51.82B	-6.77%
2014-06-30	$55.58B	9.03%
2014-03-31	$50.98B	-5.51%
2013-12-31	$53.95B	-4.69%
2013-09-30	$56.60B	2.34%
2013-06-30	$55.31B	1.86%
2013-03-31	$54.30B	-0.02%
2012-12-31	$54.31B	-4.34%
2012-09-30	$56.77B	-6.19%
2012-06-30	$60.52B	2.58%
2012-03-31	$59.00B	0.99%
2011-12-31	$58.42B	-6.09%
2011-09-30	$62.20B	-7.25%
2011-06-30	$67.07B	14.34%
2011-03-31	$58.65B	11.69%
2010-12-31	$52.52B	8.34%
2010-09-30	$48.48B	-5.60%
2010-06-30	$51.35B	9.39%
2010-03-31	$46.94B	-1.75%
2009-12-31	$47.78B	4.88%
2009-09-30	$45.55B	15.41%
2009-06-30	$39.47B	11.12%
2009-03-31	$35.52B	-21.42%
2008-12-31	$45.20B	-42.68%
2008-09-30	$78.87B	-4.97%
2008-06-30	$82.99B	25.84%
2008-03-31	$65.95B	7.39%
2007-12-31	$61.41B	-

Chevron generated $54.17B in revenue during Q3 2024, up 9.28% compared to the previous quarter, and up 114.73% compared to the same period a year ago.

Chevron Revenue Breakdown

Chevron Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Downstream	$161.63B	$179.56B	-	-	-
Upstream	$83.92B	$106.98B	-	-	-
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/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Downstream	$39.66B	$38.33B	$39.73B	$43.78B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Upstream	$22.06B	$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

Chevron's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Downstream (64.26%), and Upstream (35.74%).

Chevron Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
International	$30.82B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$138.00M	$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
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

Chevron's latest quarterly revenue breakdown by geography, as of Sep 24: International (99.55%), and UNITED STATES (0.45%).

Chevron Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EC	Ecopetrol	$143.08T	$31.30T
XOM	Exxon Mobil	$334.70B	$90.76B
SHEL	Shell	$301.01B	$70.83B
TTE	TotalEnergies SE	$218.94B	$51.88B
BP	BP p.l.c.	$210.13B	$48.88B
CVX	Chevron	$200.95B	$54.17B
EQNR	Equinor ASA	$106.85B	$25.09B
PBR	Petróleo Brasileiro S.A. - Petrobras	$102.50B	$23.77B
CVE	Cenovus Energy	$52.20B	$13.40B
SU	Suncor Energy	$49.09B	$13.30B
YPF	YPF Sociedad Anónima	$17.00B	$4.31B

CVX Revenue FAQ

What is Chevron’s yearly revenue?

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.

What is Chevron’s quarterly revenue?

Chevron's quarterly revenue for Q3 2024 was $54.17B, a 9.28% increase from the previous quarter (Q2 2024), and a 4.33% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $49.57B, a 6.43% increase from the previous quarter (Q1 2024), and a 4.99% increase year-over-year (Q2 2023). CVX's quarterly revenue for Q1 2024 was $46.58B, a -4.81% decrease from the previous quarter (Q4 2023), and a -4.63% decrease year-over-year (Q1 2023).

What is Chevron’s revenue growth rate?

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%.

What are Chevron’s revenue streams?

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

What is Chevron’s main source of revenue?

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.