Chevron Free Cash Flow Per Share vs Payout Ratio Analysis

CVX Stock

USD 162.11 0.42 0.26%

Chevron Corp financial indicator trend analysis is way more than just evaluating Chevron Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron Corp is a good investment. Please check the relationship between Chevron Corp Free Cash Flow Per Share and its Payout Ratio accounts. 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.

Free Cash Flow Per Share vs Payout Ratio

Free Cash Flow Per Share vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chevron Corp Free Cash Flow Per Share account and Payout Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Chevron Corp's Free Cash Flow Per Share and Payout Ratio is 0.31. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Chevron Corp, assuming nothing else is changed. The correlation between historical values of Chevron Corp's Free Cash Flow Per Share and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Chevron Corp are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Chevron Corp's Free Cash Flow Per Share and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Payout Ratio

Payout Ratio is the proportion of Chevron Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Chevron Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Chevron Corp is paying out more in dividends than it makes in net income.

Most indicators from Chevron Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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. Tax Provision is likely to rise to about 8.6 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.13 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	45.4B	74.0B	60.4B	49.1B
Total Revenue	155.6B	246.3B	196.9B	149.3B

Gross Profit Total Revenue

Chevron Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.79	0.24	0.52	0.83	0.74	0.69	-0.01	0.76	0.76	0.54	0.72	-0.21	0.53	0.79	0.85	-0.01	0.38	0.7	0.57	-0.84	0.78	0.71	0.73	-0.2	0.85
Total Assets	0.79		0.59	0.67	0.78	0.98	0.97	0.33	0.99	0.62	0.38	0.98	-0.3	0.36	0.63	0.92	-0.03	0.13	0.82	0.57	-0.82	0.98	0.97	0.56	0.14	0.92
Short Long Term Debt Total	0.24	0.59		0.19	0.05	0.6	0.72	0.94	0.54	-0.22	-0.39	0.7	0.19	-0.4	-0.17	0.43	-0.32	0.14	0.25	-0.13	-0.49	0.67	0.73	-0.29	0.61	0.43
Other Current Liab	0.52	0.67	0.19		0.55	0.7	0.62	0.01	0.69	0.61	0.38	0.63	-0.29	0.37	0.56	0.65	0.17	-0.2	0.66	0.73	-0.53	0.63	0.64	0.5	-0.26	0.65
Total Current Liabilities	0.83	0.78	0.05	0.55		0.71	0.65	-0.24	0.77	0.93	0.75	0.67	-0.5	0.73	0.92	0.81	0.1	0.15	0.77	0.72	-0.67	0.72	0.62	0.89	-0.1	0.8
Total Stockholder Equity	0.74	0.98	0.6	0.7	0.71		0.95	0.35	0.97	0.55	0.36	0.96	-0.35	0.35	0.56	0.84	0.03	-0.04	0.78	0.54	-0.77	0.94	0.96	0.5	0.18	0.84
Property Plant And Equipment Net	0.69	0.97	0.72	0.62	0.65	0.95		0.49	0.94	0.47	0.24	0.98	-0.27	0.22	0.45	0.84	-0.05	0.08	0.68	0.5	-0.76	0.98	0.95	0.39	0.31	0.84
Net Debt	-0.01	0.33	0.94	0.01	-0.24	0.35	0.49		0.29	-0.47	-0.68	0.48	0.43	-0.69	-0.42	0.21	-0.44	0.17	0.03	-0.39	-0.3	0.42	0.52	-0.57	0.61	0.21
Retained Earnings	0.76	0.99	0.54	0.69	0.77	0.97	0.94	0.29		0.63	0.37	0.97	-0.26	0.35	0.64	0.94	-0.02	0.13	0.87	0.55	-0.83	0.94	0.96	0.56	0.1	0.93
Accounts Payable	0.76	0.62	-0.22	0.61	0.93	0.55	0.47	-0.47	0.63		0.81	0.5	-0.52	0.79	0.97	0.71	0.17	0.13	0.72	0.81	-0.53	0.56	0.45	0.96	-0.42	0.71
Cash	0.54	0.38	-0.39	0.38	0.75	0.36	0.24	-0.68	0.37	0.81		0.22	-0.74	1.0	0.76	0.37	0.49	-0.17	0.47	0.79	-0.23	0.32	0.16	0.93	-0.35	0.37
Non Current Assets Total	0.72	0.98	0.7	0.63	0.67	0.96	0.98	0.48	0.97	0.5	0.22		-0.17	0.2	0.51	0.91	-0.11	0.17	0.78	0.46	-0.82	0.97	0.99	0.41	0.22	0.9
Non Currrent Assets Other	-0.21	-0.3	0.19	-0.29	-0.5	-0.35	-0.27	0.43	-0.26	-0.52	-0.74	-0.17		-0.74	-0.45	-0.08	-0.46	0.61	-0.18	-0.61	-0.09	-0.28	-0.12	-0.61	0.0	-0.07
Cash And Short Term Investments	0.53	0.36	-0.4	0.37	0.73	0.35	0.22	-0.69	0.35	0.79	1.0	0.2	-0.74		0.74	0.35	0.53	-0.18	0.44	0.79	-0.22	0.3	0.14	0.92	-0.35	0.35
Net Receivables	0.79	0.63	-0.17	0.56	0.92	0.56	0.45	-0.42	0.64	0.97	0.76	0.51	-0.45	0.74		0.73	0.11	0.18	0.76	0.69	-0.56	0.56	0.48	0.94	-0.43	0.73
Common Stock Total Equity	0.85	0.92	0.43	0.65	0.81	0.84	0.84	0.21	0.94	0.71	0.37	0.91	-0.08	0.35	0.73		-0.11	0.41	0.88	0.56	-0.89	0.88	0.89	0.61	-0.09	1.0
Short Term Investments	-0.01	-0.03	-0.32	0.17	0.1	0.03	-0.05	-0.44	-0.02	0.17	0.49	-0.11	-0.46	0.53	0.11	-0.11		-0.47	-0.11	0.34	0.24	-0.09	-0.13	0.31	-0.01	-0.11
Non Current Liabilities Total	0.38	0.13	0.14	-0.2	0.15	-0.04	0.08	0.17	0.13	0.13	-0.17	0.17	0.61	-0.18	0.18	0.41	-0.47		0.25	-0.11	-0.53	0.15	0.15	0.05	-0.19	0.41
Inventory	0.7	0.82	0.25	0.66	0.77	0.78	0.68	0.03	0.87	0.72	0.47	0.78	-0.18	0.44	0.76	0.88	-0.11	0.25		0.56	-0.8	0.73	0.78	0.67	-0.24	0.88
Other Current Assets	0.57	0.57	-0.13	0.73	0.72	0.54	0.5	-0.39	0.55	0.81	0.79	0.46	-0.61	0.79	0.69	0.56	0.34	-0.11	0.56		-0.42	0.56	0.39	0.8	-0.33	0.56
Other Stockholder Equity	-0.84	-0.82	-0.49	-0.53	-0.67	-0.77	-0.76	-0.3	-0.83	-0.53	-0.23	-0.82	-0.09	-0.22	-0.56	-0.89	0.24	-0.53	-0.8	-0.42		-0.79	-0.81	-0.44	0.06	-0.89
Total Liab	0.78	0.98	0.67	0.63	0.72	0.94	0.98	0.42	0.94	0.56	0.32	0.97	-0.28	0.3	0.56	0.88	-0.09	0.15	0.73	0.56	-0.79		0.95	0.49	0.19	0.88
Property Plant And Equipment Gross	0.71	0.97	0.73	0.64	0.62	0.96	0.95	0.52	0.96	0.45	0.16	0.99	-0.12	0.14	0.48	0.89	-0.13	0.15	0.78	0.39	-0.81	0.95		0.36	0.19	0.89
Total Current Assets	0.73	0.56	-0.29	0.5	0.89	0.5	0.39	-0.57	0.56	0.96	0.93	0.41	-0.61	0.92	0.94	0.61	0.31	0.05	0.67	0.8	-0.44	0.49	0.36		-0.42	0.61
Short Term Debt	-0.2	0.14	0.61	-0.26	-0.1	0.18	0.31	0.61	0.1	-0.42	-0.35	0.22	0.0	-0.35	-0.43	-0.09	-0.01	-0.19	-0.24	-0.33	0.06	0.19	0.19	-0.42		-0.09
Common Stock	0.85	0.92	0.43	0.65	0.8	0.84	0.84	0.21	0.93	0.71	0.37	0.9	-0.07	0.35	0.73	1.0	-0.11	0.41	0.88	0.56	-0.89	0.88	0.89	0.61	-0.09

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Chevron Corp Account Relationship Matchups

Chevron Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	1.9B	1.9B	1.9B	1.9B	1.9B	2.0B
Total Assets	237.4B	239.8B	239.5B	257.7B	261.6B	171.8B
Short Long Term Debt Total	27.0B	44.3B	31.4B	23.3B	26.1B	20.5B
Other Current Liab	9.1B	7.8B	10.1B	7.5B	9.4B	6.1B
Total Current Liabilities	26.5B	22.2B	26.8B	34.2B	32.3B	25.7B
Total Stockholder Equity	176.8B	162.2B	167.4B	191.9B	161.0B	107.1B
Property Plant And Equipment Net	154.6B	160.6B	150.6B	147.9B	159.0B	106.7B
Net Debt	21.3B	38.7B	25.7B	5.7B	17.6B	12.4B
Retained Earnings	174.9B	160.4B	165.5B	190.0B	200.0B	109.6B
Accounts Payable	14.1B	11.0B	16.5B	19.0B	20.4B	14.1B
Cash	5.7B	5.6B	5.6B	17.7B	8.2B	8.1B
Non Current Assets Total	197.7B	204.0B	195.7B	197.8B	220.5B	135.8B
Non Currrent Assets Other	3.4B	1.1B	768M	(17.1B)	9.9B	10.4B
Cash And Short Term Investments	5.7B	5.6B	5.7B	17.9B	8.2B	8.7B
Net Receivables	13.3B	11.5B	18.4B	20.5B	19.9B	14.7B
Short Term Investments	63M	31M	35M	223M	45M	42.8M
Liabilities And Stockholders Equity	237.4B	239.8B	239.5B	257.7B	261.6B	171.8B
Non Current Liabilities Total	23.4B	42.3B	30.7B	21.0B	67.4B	70.8B
Inventory	5.8B	5.7B	6.8B	8.2B	8.6B	5.0B
Other Current Assets	3.5B	3.3B	3.3B	3.7B	4.4B	3.2B
Other Stockholder Equity	(27.3B)	(24.7B)	(24.2B)	(29.5B)	(37.7B)	(35.8B)
Total Liab	92.2B	107.1B	99.6B	97.5B	99.7B	75.5B
Property Plant And Equipment Gross	326.7B	345.2B	336.0B	327.8B	346.1B	203.3B
Total Current Assets	28.3B	26.1B	33.7B	50.3B	41.1B	32.1B
Accumulated Other Comprehensive Income	(5.2B)	(5.9B)	(4.1B)	(3.0B)	(3.2B)	(3.4B)
Short Term Debt	3.3B	1.5B	256M	2.0B	529M	502.6M
Property Plant Equipment	154.6B	160.6B	150.6B	147.9B	170.0B	104.0B
Other Liab	39.4B	39.5B	39.2B	39.0B	44.8B	30.0B
Other Assets	11.4B	9.7B	10.1B	9.6B	261.6B	274.7B
Long Term Debt	23.7B	42.3B	30.7B	21.0B	19.7B	19.9B
Treasury Stock	(44.6B)	(41.5B)	(41.5B)	(48.2B)	(43.4B)	(45.5B)
Good Will	4.5B	4.4B	4.4B	4.7B	4.2B	3.7B
Net Tangible Assets	139.8B	127.3B	131.5B	154.6B	177.7B	146.7B
Noncontrolling Interest In Consolidated Entity	995M	1.0B	873M	960M	1.1B	1.1B
Retained Earnings Total Equity	174.9B	160.4B	165.5B	190.0B	218.5B	179.6B

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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.

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Chevron Free Cash Flow Per Share vs Payout Ratio Analysis

Free Cash Flow Per Share vs Payout Ratio

Free Cash Flow Per Share vs Payout Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Payout Ratio

Chevron Corp fundamental ratios Correlations

Chevron Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chevron Corp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets

Common Stock	- 0.89	Other Stockholder Equity
Other Stockholder Equity	- 0.89	Common Stock Total Equity
Other Stockholder Equity	- 0.84	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.83	Retained Earnings
Other Stockholder Equity	- 0.82	Non Current Assets Total
Other Stockholder Equity	- 0.82	Total Assets