Stock Analysis
Chevron CorporationCVX
P/E 21.43×· 5Y range 8.00–55.29×· 77th percentile of history
Sector: Energy · Industry: Oil & Gas Integrated
AnalystsStrong Buy30 analystsP/E 21.4× sits at the 77th percentile of its 5.086926762491444-year history.
Cash covers 0% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Financial Health82
- Quality71
Risks
- Valuation57
- Growth31
Mixed fundamentals at a demanding price.
Market context
+2.6% today· Z 1.7σ
Bull Case
- ✓Altman Z 3.6 — safe-zone balance sheet
- ✓Interest coverage 26.3× — debt well covered
What's happening with CVX
Profile
Strong financial health; growth, moat and profitability lag behind.
How is each axis scored?
- Valuation57/100 · Moderate
- P/E vs own history (77th pct)5/25
- FCF yield (6.1%)20/25
- P/S (2.1x)20/25
- EV/EBIT (16.2x)12/25
- Growth31/100 · Weak
- Revenue CAGR (3.9%)6/25
- Net income CAGR (-5.8%)0/25
- EPS CAGR 5Y (-5.0%)0/25
- Fwd implied growth (50.9%)25/25
- Profitability49/100 · Weak
- ROIC (11.5%)12/25
- ROE (11.0%)12/25
- Net margin (9.6%)13/25
- Operating margin (12.7%)12/25
- Financial Health82/100 · Strong
- Altman Z (3.57)25/25
- Current ratio (1.15)12/25
- Interest coverage (26.3x)25/25
- Net cash / debt (D/A 0%)20/25
- Quality71/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.59)25/25
- FCF conversion (131%)25/25
- Margin stability (σ 17.1%)6/25
- Moat44/100 · Weak
- ROIC >12% years (5/10 yrs)13/25
- Median gross margin (42.0%)13/25
- FCF-positive years (9/10 yrs)18/25
- Worst-year net margin (worst -5.9%)0/25
Risk Flags
- ⚠2 loss-making years in recent history
About Chevron Corporation
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. Show more
It is the second-largest oil company in the United States with 2025 worldwide net oil-equivalent production of 3.7 million barrels per day, including 8.5 billion cubic feet per day of natural gas and 2.3 million barrels of liquids per day. Production takes place in North America, South America, Europe, Africa, Asia, and Australia. The company's refining networks arelocated in the United States and Asia, with a total worldwide refining capacity of 1.8 million barrels of oil a day at year-end 2025. Net proved reserves at year-end 2025 stood at 10.6 billion barrels of oil equivalent, consisting of 5.7 billion barrels of liquids and 29.2 trillion cubic feet of natural gas.
Headquarters: HOUSTON, TX · Employees: 43,039 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
57CP/E (TTM)21.4xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 8.0x–55.3x · 77th pct
P/FCF15.3xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield6.1%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 3.4%–12.8% · 30th pct
P/S (TTM)2.05xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.2x–2.4x · 98th pct
EV/EBIT16.2xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 2.8x–23.3x · 97th pct
EV/Sales2.2xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E14.2xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.37xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.72A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield3.18%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio67.3%C
Grade C: HighDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
49D+ROIC11.5%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE11.0%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA6.3%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin9.6%C
Grade C: AverageNet Income / Revenue
Operating Margin12.7%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin45.4%C
Grade C: AverageGross Profit / Revenue
FCF Margin12.5%C
Grade C: AverageFCF / Revenue
True FCF Margin12.5%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
31DRevenue CAGR3.9%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-5.8%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-5.0%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth50.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+2.2%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
82AAltman Z-Score3.57A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.15xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.85xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage26.3xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment0.0yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.0xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.01xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.00xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
71B+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.59A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion131.2%A
Grade A: StrongFCF / Net Income
Margin Stability17.1%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue8.5%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.64xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
WARNER CYNTHIA J Filed | WARNER CYNTHIA J | BuyI | +19 | |
HEWSON MARILLYN A Filed | HEWSON MARILLYN A | BuyI | +213 | |
Pate R. Hewitt Filed | Pate R. Hewitt | SellOpen market sale | -2470 | |
Walz Andrew Benjamin Filed | Walz Andrew Benjamin | Option exercise | -12700 | |
Walz Andrew Benjamin Filed | Walz Andrew Benjamin | Option exercise | -4100 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Walz Andrew Benjamin Filed | Walz Andrew Benjamin | SellOpen market sale | -16800 | |
Walz Andrew Benjamin Filed | Walz Andrew Benjamin | Option exercise | +12.7K | |
Walz Andrew Benjamin Filed | Walz Andrew Benjamin | Option exercise | +4.1K |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
44D+ROIC >12% Years5/10 yrsC
Grade C: ModerateShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)42.0%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-5.9%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$10.50
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$4.32
Cash & short-term investments per share (Finnhub)
Book Value / Share$96.11
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$977.00M
Total debt obligations (short + long term)
Cash & Equiv.$0
Cash and short-term investments
Net Debt$977.00M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$186.45B
Shareholders' equity (book value)
Asset / Liability2.46xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$441.42B
Current Market Capitalization
Beta0.50B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Chevron Corporation (CVX)
CVX is up 2.59% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Chevron Corporation. Altman Z-Score of 3.57 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.59 suggests a low likelihood of earnings manipulation.
- Takes ~0.0 years to repay net debt from free cash flow.
- Chevron Corporation posted a net loss in 2 of 10 available completed fiscal years (2016–2025).
- The stock currently yields 3.2% in dividends.
See how CVX ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all CVX moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | After-hours | 223.77 | +2.78% | 2.04 |
| Oct 8 | Regular | 212.13 | +3.40% | 2.68 |
| Oct 8 | After-hours | 211.65 | +3.17% | 2.51 |
Frequently Asked Questions about CVX
What is the current Chevron Corporation (CVX) stock price?
CVX is trading at $224.99 at the last market close, up 2.59% on the session. PreMarketPrice tracks CVX pre-market, intraday and after-hours prices.
Is CVX stock a buy right now?
PreMarketPrice's quantitative model rates Chevron Corporation's financial health at 82/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CVX stock overvalued?
Chevron Corporation trades at a trailing P/E of 21.4 and our valuation score rates it 57/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Chevron Corporation report earnings?
No confirmed earnings date is currently scheduled for CVX. The Earnings section lists recent reports and updates as dates are announced.
What sector does Chevron Corporation operate in?
Chevron Corporation operates in the Energy sector, within the Oil & Gas Integrated industry. The Related Stocks section lists sector peers for comparison.
What does Chevron Corporation do?
Chevron is an integrated energy company with exploration, production, and refining operations worldwide.
About Chevron Corporation (CVX) Stock
Chevron Corporation (CVX) is a US-listed stock operating in the Energy sector, specifically the Oil & Gas Integrated industry. As of the latest update, Chevron Corporation is trading at $224.99, up 2.59% on the day with a market capitalization of $441.4 billion. The financial health score for CVX is 82/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CVX stock.
CVX Stock Analysis & Key Metrics
On PreMarketPrice, you can track Chevron Corporation (CVX) across multiple dimensions:
- Pre-market price & movement: Real-time CVX stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CVX with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Chevron Corporation across multiple reporting periods.
- Financial health score: A composite score of 82/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CVX.
- Sector peers: Compare CVX against 5 other energy stocks on key financial metrics.
Is CVX a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Chevron Corporation (CVX) as an investment. The financial health score of 82/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Chevron Corporation (CVX) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.