Company Valuation: Chevron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 162,594 226,214 347,069 280,726 260,291 304,867 - -
Change - 39.13% 53.43% -19.12% -7.28% 17.13% - -
Enterprise Value (EV) 1 201,282 251,908 352,507 293,339 278,047 343,230 345,609 346,137
Change - 25.15% 39.93% -16.78% -5.21% 23.44% 0.69% 0.15%
P/E ratio -28.5x 14.4x 9.82x 13.1x 14.9x 21.9x 19x 15.9x
PBR 1.2x 1.62x 2.18x 1.74x 1.73x 1.58x 1.64x 1.69x
PEG - -0x 0x -0.3x -1x -0.8x 1.2x 0.8x
Capitalization / Revenue 1.72x 1.39x 1.41x 1.4x 1.28x 1.63x 1.61x 1.57x
EV / Revenue 2.13x 1.55x 1.43x 1.46x 1.37x 1.84x 1.82x 1.79x
EV / EBITDA 14.1x 6.17x 5.22x 6.07x 6x 8.23x 7.31x 6.53x
EV / EBIT -29.8x 11.3x 7.02x 9.76x 9.89x 16.2x 14x 12.6x
EV / FCF 118x 11.2x 9.93x 14.8x 18.5x 20.6x 16.3x 13x
FCF Yield 0.84% 8.93% 10.1% 6.75% 5.39% 4.85% 6.12% 7.7%
Dividend per Share 2 5.16 5.31 5.68 6.04 6.52 6.857 7.154 7.493
Rate of return 6.11% 4.52% 3.16% 4.05% 4.5% 4.53% 4.72% 4.95%
EPS 2 -2.96 8.14 18.28 11.36 9.72 6.9 7.973 9.519
Distribution rate -174% 65.2% 31.1% 53.2% 67.1% 99.4% 89.7% 78.7%
Net sales 1 94,692 162,465 246,252 200,949 202,792 186,884 189,833 193,690
EBITDA 1 14,289 40,825 67,483 48,293 46,377 41,693 47,254 52,990
EBIT 1 -6,756 22,351 50,190 30,053 28,100 21,135 24,728 27,487
Net income 1 -5,543 15,625 35,465 21,369 17,661 12,560 14,736 17,560
Net Debt 1 38,688 25,694 5,438 12,613 17,756 38,363 40,741 41,269
Reference price 2 84.45 117.35 179.49 149.16 144.84 151.41 151.41 151.41
Nbr of stocks (in thousands) 1,925,323 1,927,686 1,933,639 1,882,048 1,797,091 2,013,522 - -
Announcement Date 1/29/21 1/28/22 1/27/23 2/2/24 1/31/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.52x1.81x8.09x4.62% 299B
15.91x3.72x7.14x5.43% 1,569B
8.93x0.62x3.79x5.97% 246B
11.75x0.94x4.45x3.96% 209B
10.11x0.96x4.42x5.78% 142B
3.73x1.55x3.19x11.09% 77.88B
9.89x0.66x1.78x6.45% 57.88B
12.28x0.78x3.82x6.5% 56.86B
12.93x1.61x5.15x3.8% 52.89B
Average 11.89x 1.40x 4.65x 5.96% 301.09B
Weighted average by Cap. 14.66x 2.64x 6.26x 5.47%
See all sector valuations

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

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