Company Valuation: Chevron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 162,594 226,214 347,069 280,726 260,291 261,819 - -
Change - 39.13% 53.43% -19.12% -7.28% 0.59% - -
Enterprise Value (EV) 1 201,282 251,908 352,507 293,339 278,047 294,803 297,354 298,219
Change - 25.15% 39.93% -16.78% -5.21% 6.03% 0.87% 0.29%
P/E ratio -28.5x 14.4x 9.82x 13.1x 14.9x 19.2x 16x 13x
PBR 1.2x 1.62x 2.18x 1.74x 1.73x 1.73x 1.77x 1.77x
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 1.41x 1.37x
EV / Revenue 2.13x 1.55x 1.43x 1.46x 1.37x 1.62x 1.6x 1.56x
EV / EBITDA 14.1x 6.17x 5.22x 6.07x 6.13x 5.92x 6.69x 6.13x
EV / EBIT -29.8x 11.3x 7.02x 9.76x 9.89x 13.1x 11.5x 10.6x
EV / FCF 118x 11.2x 9.93x 14.8x 18.5x 18.4x 13.6x 11.9x
FCF Yield 0.84% 8.93% 10.1% 6.75% 5.39% 5.45% 7.37% 8.39%
Dividend per Share 2 5.16 5.31 5.68 6.04 6.52 6.844 7.128 7.461
Rate of return 6.11% 4.52% 3.16% 4.05% 4.5% 4.57% 4.75% 4.98%
EPS 2 -2.96 8.14 18.28 11.36 9.72 7.798 9.358 11.56
Distribution rate -174% 65.2% 31.1% 53.2% 67.1% 87.8% 76.2% 64.6%
Net sales 1 94,692 162,465 246,252 200,949 202,792 182,231 185,895 190,753
EBITDA 1 14,289 40,825 67,483 48,293 45,382 49,824 44,442 48,664
EBIT 1 -6,756 22,351 50,190 30,053 28,100 22,535 25,838 28,011
Net income 1 -5,543 15,625 35,465 21,369 17,661 13,288 16,552 20,062
Net Debt 1 38,688 25,694 5,438 12,613 17,756 32,984 35,535 36,400
Reference price 2 84.45 117.35 179.49 149.16 144.84 149.92 149.92 149.92
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 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.($)
19.23x1.62x5.92x4.57% 262B
15.96x3.84x7.25x5.41% 1,575B
7.91x0.65x3.74x6.6% 222B
11.8x0.92x4.55x4.13% 207B
9.13x0.92x4.38x6.07% 137B
4.06x1.61x3.25x14.16% 77.09B
8.35x0.73x1.92x5.78% 63.41B
10.78x0.71x3.67x7.38% 50.54B
13.05x1.59x5.12x4.29% 48.01B
Average 11.14x 1.40x 4.42x 6.49% 293.43B
Weighted average by Cap. 14.25x 2.73x 6.11x 5.64%
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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