Chevron Historical Income Statement

CVX Stock  USD 162.11  0.42  0.26%   
Historical analysis of Chevron Corp income statement accounts such as Interest Expense of 252.9 M, Selling General Administrative of 6.2 B or Total Revenue of 149.3 B can show how well Chevron Corp performed in making a profits. Evaluating Chevron Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chevron Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Chevron Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Chevron Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

About Chevron Income Statement Analysis

Chevron Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Chevron Corp shareholders. The income statement also shows Chevron investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Chevron Corp Income Statement Chart

At this time, Chevron Corp's Selling General Administrative is fairly stable compared to the past year. Operating Income is likely to rise to about 48.4 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 11.5 B in 2024.

Total Revenue

Total revenue comprises all receipts Chevron Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Chevron Corp minus its cost of goods sold. It is profit before Chevron Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chevron Corp. It is also known as Chevron Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Chevron Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chevron Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.At this time, Chevron Corp's Selling General Administrative is fairly stable compared to the past year. Operating Income is likely to rise to about 48.4 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 11.5 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit45.4B74.0B60.4B49.1B
Total Revenue155.6B246.3B196.9B149.3B

Chevron Corp income statement Correlations

0.060.080.18-0.030.35-0.33-0.29-0.060.30.43-0.140.29-0.07-0.240.08-0.18-0.240.22-0.02-0.1-0.230.19-0.14
0.060.33-0.37-0.53-0.4-0.16-0.05-0.04-0.29-0.5-0.37-0.54-0.3-0.46-0.75-0.73-0.3-0.60.39-0.06-0.910.29-0.81
0.080.330.30.20.250.320.410.440.31-0.140.35-0.340.440.18-0.57-0.610.42-0.350.650.33-0.35-0.33-0.43
0.18-0.370.30.950.970.70.780.860.980.710.930.290.920.890.31-0.020.84-0.010.360.530.14-0.20.01
-0.03-0.530.20.950.890.720.80.820.890.690.950.30.910.950.380.160.870.050.250.520.33-0.30.19
0.35-0.40.250.970.890.540.650.760.970.710.830.420.810.810.430.030.70.080.230.350.13-0.080.07
-0.33-0.160.320.70.720.540.830.790.650.360.81-0.290.820.75-0.07-0.260.83-0.240.710.750.02-0.45-0.28
-0.29-0.050.410.780.80.650.830.970.730.310.9-0.060.880.870.02-0.190.89-0.180.570.66-0.08-0.17-0.23
-0.06-0.040.440.860.820.760.790.970.840.430.90.010.90.850.04-0.240.87-0.140.590.67-0.14-0.13-0.28
0.3-0.290.310.980.890.970.650.730.840.710.870.280.870.820.3-0.090.77-0.030.380.50.03-0.11-0.07
0.43-0.5-0.140.710.690.710.360.310.430.710.520.230.510.50.370.150.40.170.010.390.31-0.120.17
-0.14-0.370.350.930.950.830.810.90.90.870.520.20.980.960.220.040.97-0.060.420.660.22-0.320.06
0.29-0.54-0.340.290.30.42-0.29-0.060.010.280.230.20.150.270.710.640.110.52-0.53-0.220.50.230.68
-0.07-0.30.440.920.910.810.820.880.90.870.510.980.150.890.09-0.060.98-0.10.530.740.17-0.38-0.01
-0.24-0.460.180.890.950.810.750.870.850.820.50.960.270.890.40.190.880.010.230.480.29-0.210.16
0.08-0.75-0.570.310.380.43-0.070.020.040.30.370.220.710.090.40.720.050.62-0.58-0.270.550.210.63
-0.18-0.73-0.61-0.020.160.03-0.26-0.19-0.24-0.090.150.040.64-0.060.190.72-0.010.58-0.74-0.20.77-0.020.88
-0.24-0.30.420.840.870.70.830.890.870.770.40.970.110.980.880.05-0.01-0.10.520.770.23-0.40.05
0.22-0.6-0.35-0.010.050.08-0.24-0.18-0.14-0.030.17-0.060.52-0.10.010.620.58-0.1-0.41-0.070.5-0.070.5
-0.020.390.650.360.250.230.710.570.590.380.010.42-0.530.530.23-0.58-0.740.52-0.410.7-0.47-0.36-0.7
-0.1-0.060.330.530.520.350.750.660.670.50.390.66-0.220.740.48-0.27-0.20.77-0.070.70.07-0.44-0.19
-0.23-0.91-0.350.140.330.130.02-0.08-0.140.030.310.220.50.170.290.550.770.230.5-0.470.07-0.280.92
0.190.29-0.33-0.2-0.3-0.08-0.45-0.17-0.13-0.11-0.12-0.320.23-0.38-0.210.21-0.02-0.4-0.07-0.36-0.44-0.28-0.02
-0.14-0.81-0.430.010.190.07-0.28-0.23-0.28-0.070.170.060.68-0.010.160.630.880.050.5-0.7-0.190.92-0.02
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Chevron Corp Account Relationship Matchups

Chevron Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization18.6B17.2B17.0B16.3B17.3B11.5B
Interest Expense798M697M712M516M469M252.9M
Selling General Administrative4.1B4.2B32.3B33.4B4.1B6.2B
Total Revenue139.9B94.5B155.6B246.3B196.9B149.3B
Gross Profit30.5B22.8B45.4B74.0B60.4B49.1B
Other Operating Expenses140.2B100.6B139.4B196.1B148.7B129.2B
Operating Income6.3B(6.1B)16.2B50.2B46.1B48.4B
Ebit16.9B(6.2B)23.3B50.2B28.3B19.2B
Ebitda35.5B11.0B40.3B66.5B45.6B30.7B
Cost Of Revenue109.3B71.7B110.2B161.7B136.5B99.8B
Total Operating Expenses30.9B28.9B29.3B34.3B60.4B31.0B
Income Before Tax5.5B(7.5B)21.6B49.7B29.6B18.6B
Total Other Income Expense Net(798M)(4.1B)(15.7B)(516M)(16.5B)(15.7B)
Net Income2.9B(5.5B)15.6B35.5B21.4B11.3B
Income Tax Expense2.7B(1.9B)6.0B14.1B8.2B7.2B
Research Development453M500M435M268M320M497.9M
Net Income Applicable To Common Shares2.9B(5.5B)15.6B35.5B40.8B42.8B
Minority Interest(79M)(18M)(64M)(143M)(42M)(39.9M)
Net Income From Continuing Ops2.8B(5.6B)15.7B35.6B21.4B11.9B
Non Recurring770M1.5B549M974M876.6M1.1B
Tax Provision2.7B(1.9B)6.0B14.1B8.2B8.6B
Interest Income2.9B1.2B4.9B8.1B9.3B4.7B
Net Interest Income(798M)(697M)(712M)(516M)(469M)(492.5M)
Reconciled Depreciation29.2B19.5B17.9B16.3B17.8B15.9B

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Additional Tools for Chevron Stock Analysis

When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.