Company Valuation: Chevron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 224,551 344,526 280,726 260,291 304,721 338,259 - -
Change - 53.43% -18.52% -7.28% 17.07% 11.01% - -
Enterprise Value (EV) 1 250,245 349,964 293,339 278,047 339,182 362,786 356,965 354,263
Change - 39.85% -16.18% -5.21% 21.99% 6.96% -1.6% -0.76%
P/E 14.4x 9.82x 13.1x 14.9x 23x 11.2x 12.6x 13.5x
PBR 1.62x 2.18x 1.74x 1.73x 1.63x 1.72x 1.72x 1.72x
PEG - 0x -0.3x -1x -0.7x 0x -1.1x -2.06x
Capitalization / Revenue 1.38x 1.4x 1.4x 1.28x 1.61x 1.46x 1.6x 1.64x
EV / Revenue 1.54x 1.42x 1.46x 1.37x 1.79x 1.56x 1.69x 1.71x
EV / EBITDA 6.13x 5.19x 6.07x 6x 8.05x 5.31x 5.74x 5.86x
EV / EBIT 11.2x 6.97x 9.76x 9.89x 16.2x 8.51x 9.95x 10.1x
EV / FCF 11.1x 9.86x 14.8x 18.5x 20.4x 9.4x 11x 11.5x
FCF Yield 8.99% 10.1% 6.75% 5.39% 4.89% 10.6% 9.09% 8.68%
Dividend per Share 2 5.31 5.68 6.04 6.52 6.84 7.13 7.433 7.794
Rate of return 4.52% 3.16% 4.05% 4.5% 4.49% 4.17% 4.35% 4.56%
EPS 2 8.14 18.28 11.36 9.72 6.63 15.23 13.54 12.65
Distribution rate 65.2% 31.1% 53.2% 67.1% 103% 46.8% 54.9% 61.6%
Net sales 1 162,465 246,252 200,949 202,792 189,031 232,206 211,126 206,865
EBITDA 1 40,825 67,483 48,293 46,377 42,143 68,278 62,179 60,407
EBIT 1 22,351 50,190 30,053 28,100 20,960 42,629 35,888 34,977
Net income 1 15,625 35,465 21,369 17,661 12,299 28,910 24,597 23,930
Net Debt 1 25,694 5,438 12,613 17,756 34,461 24,527 18,706 16,004
Reference price 2 117.35 179.49 149.16 144.84 152.41 171.06 171.06 171.06
Nbr of stocks (in thousands) 1,913,518 1,919,471 1,882,048 1,797,091 1,999,354 1,977,430 - -
Announcement Date 28/01/22 27/01/23 02/02/24 31/01/25 30/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.36x3.31x6.38x5.23% 1,714B
7.32x0.78x3.55x4.06% 213B
6.72x0.94x3.72x5.3% 173B
2.98x1.44x2.76x13.47% 101B
6.34x0.69x1.62x5.06% 77.62B
7.96x0.7x3.47x5.42% 67.79B
Average 7.44x 1.31x 3.58x 6.42% 391.12B
Weighted average by Cap. 11.48x 2.66x 5.53x 5.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CVX Stock
  4. CVX * Stock
  5. Valuation Chevron Corporation