Company Valuation: Chevron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 162,594 226,214 347,069 280,726 260,291 264,841 - -
Change - 39.13% 53.43% -19.12% -7.28% 1.75% - -
Enterprise Value (EV) 1 201,282 251,908 352,507 293,339 278,047 297,862 300,566 301,641
Change - 25.15% 39.93% -16.78% -5.21% 7.13% 0.91% 0.36%
P/E ratio -28.5x 14.4x 9.82x 13.1x 14.9x 19.6x 16.4x 13.4x
PBR 1.2x 1.62x 2.18x 1.74x 1.73x 1.8x 1.88x 1.8x
PEG - -0x 0x -0.3x -1x -1x 0.8x 0.6x
Capitalization / Revenue 1.72x 1.39x 1.41x 1.4x 1.28x 1.44x 1.4x 1.39x
EV / Revenue 2.13x 1.55x 1.43x 1.46x 1.37x 1.62x 1.59x 1.58x
EV / EBITDA 14.1x 6.17x 5.22x 6.07x 6.13x 5.98x 6.77x 6.25x
EV / EBIT -29.8x 11.3x 7.02x 9.76x 9.89x 13.1x 11.4x 10.5x
EV / FCF 118x 11.2x 9.93x 14.8x 18.5x 19.1x 13.5x 13.3x
FCF Yield 0.84% 8.93% 10.1% 6.75% 5.39% 5.24% 7.41% 7.53%
Dividend per Share 2 5.16 5.31 5.68 6.04 6.52 6.844 7.128 7.522
Rate of return 6.11% 4.52% 3.16% 4.05% 4.5% 4.51% 4.7% 4.96%
EPS 2 -2.96 8.14 18.28 11.36 9.72 7.727 9.25 11.33
Distribution rate -174% 65.2% 31.1% 53.2% 67.1% 88.6% 77.1% 66.4%
Net sales 1 94,692 162,465 246,252 200,949 202,792 183,851 188,881 190,730
EBITDA 1 14,289 40,825 67,483 48,293 45,382 49,824 44,395 48,264
EBIT 1 -6,756 22,351 50,190 30,053 28,100 22,675 26,413 28,833
Net income 1 -5,543 15,625 35,465 21,369 17,661 13,222 16,296 19,248
Net Debt 1 38,688 25,694 5,438 12,613 17,756 33,022 35,725 36,800
Reference price 2 84.45 117.35 179.49 149.16 144.84 151.65 151.65 151.65
Nbr of stocks (in thousands) 1,925,323 1,927,686 1,933,639 1,882,048 1,797,091 1,746,394 - -
Announcement Date 29/01/21 28/01/22 27/01/23 02/02/24 31/01/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.13x1.65x6.11x4.41% 271B
16.29x3.92x7.4x5.29% 1,610B
7.86x0.57x3.45x6.64% 214B
12.12x0.94x4.69x4.01% 213B
9.27x0.92x4.43x5.97% 139B
4.17x1.64x3.3x13.79% 79.14B
8.5x0.75x1.97x5.54% 66.23B
11.59x0.71x3.69x7.36% 50.93B
13.86x1.64x5.29x4.19% 49.21B
Average 11.53x 1.42x 4.48x 6.35% 299.18B
Weighted average by Cap. 14.63x 2.79x 6.22x 5.52%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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