Chevron Corporation
CVXFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
193,414
Cost of Revenue
136,488
Gross Profit
56,926
Gross Margin
29.4%
Operating Income
29,099
Operating Margin
15.0%
Net Income
17,661
Net Margin
9.1%
EPS (Basic)
$9.76
EPS (Diluted)
$9.72
EBITDA
45,811
EBITDA Margin
23.7%
2023
12/31/2023
Revenue
196,913
Cost of Revenue
136,522
Gross Profit
60,391
Gross Margin
30.7%
Operating Income
33,790
Operating Margin
17.2%
Net Income
21,369
Net Margin
10.9%
EPS (Basic)
$11.41
EPS (Diluted)
$11.36
EBITDA
47,815
EBITDA Margin
24.3%
2022
12/31/2022
Revenue
235,717
Cost of Revenue
170,130
Gross Profit
65,587
Gross Margin
27.8%
Operating Income
39,950
Operating Margin
16.9%
Net Income
35,465
Net Margin
15.0%
EPS (Basic)
$18.36
EPS (Diluted)
$18.28
EBITDA
66,995
EBITDA Margin
28.4%
2021
12/31/2021
Revenue
155,606
Cost of Revenue
110,174
Gross Profit
45,432
Gross Margin
29.2%
Operating Income
16,104
Operating Margin
10.3%
Net Income
15,625
Net Margin
10.0%
EPS (Basic)
$8.15
EPS (Diluted)
$8.14
EBITDA
39,364
EBITDA Margin
25.3%
2020
12/31/2020
Revenue
94,471
Cost of Revenue
71,656
Gross Profit
22,815
Gross Margin
24.2%
Operating Income
-6,942
Operating Margin
-7.3%
Net Income
-5,543
Net Margin
-5.9%
EPS (Basic)
$-2.96
EPS (Diluted)
$-2.96
EBITDA
10,436
EBITDA Margin
11.0%