Chevron Corporation

NYSE-CVX

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						139,365	94,079	154,840	234,526	195,985	196,081
Impairment of Oil, Gas & Mineral Properties						125	667	34	73	67	67
Other Revenues, Total	—	—	—	—	—	—	-74	227	1,390	-1,186	-930
Total Revenues						139,365	94,005	155,067	235,916	194,799	195,151
Total Revenues % Chg.						-7.7%	-32.5%	65%	52.1%	-17.4%	-9.1%
Cost of Goods Sold, Total						79,613	51,756	91,483	144,225	118,268	118,485
Gross Profit						59,752	42,249	63,584	91,691	76,531	76,666
Selling General & Admin Expenses, Total						25,945	25,416	25,428	29,321	29,240	30,377
Exploration / Drilling Costs, Total						645	870	515	901	847	880
Depreciation & Amortization						18,421	16,716	17,511	15,369	15,146	16,194
Impairment of Oil, Gas & Mineral Properties						125	667	34	73	67	67
Other Operating Expenses						4,138	2,832	4,009	4,022	4,267	4,405
Other Operating Expenses, Total						49,274	46,501	47,497	49,686	49,567	51,923
Operating Income						10,478	-4,252	16,087	42,005	26,964	24,743
Interest Expense, Total	—	—				-798	-697	-712	-516	-469	-465
Interest And Investment Income				—	—	—	—	—	—	—	—
Net Interest Expenses						-798	-697	-712	-516	-469	-465
Income (Loss) On Equity Invest.						3,968	-472	5,657	8,585	5,131	4,950
Currency Exchange Gains (Loss)				—	—	—	—	—	—	—	—
Other Non Operating Income (Expenses)						1,318	—	—	—	—	—
EBT, Excl. Unusual Items						14,966	-5,421	21,032	50,074	31,626	29,228
Gain (Loss) On Sale Of Assets						1,367	760	1,021	550	138	138
Asset Writedown						-10,797	-2,792	-414	-950	-2,180	-2,180
EBT, Incl. Unusual Items						5,536	-7,453	21,639	49,674	29,584	27,186
Income Tax Expense						2,691	-1,892	5,950	14,066	8,173	8,394
Earnings From Continuing Operations						2,845	-5,561	15,689	35,608	21,411	18,792
Minority Interest						79	18	-64	-143	-42	-72
Net Income						2,924	-5,543	15,625	35,465	21,369	18,720
Net Income to Common Incl Extra Items						2,924	-5,543	15,625	35,465	21,369	18,720
Net Income to Common Excl. Extra Items						2,924	-5,543	15,625	35,465	21,369	18,720
Total Shares Outstanding						1,882.2	1,925.2	1,929.8	1,915.2	1,865.6	1,828.9
Weighted Avg. Shares Outstanding						1,882	1,870	1,916	1,931	1,873	1,850.4
Weighted Avg. Shares Outstanding Dil						1,895	1,870	1,920	1,940	1,880	1,856.6
EPS						1.6	-3	8.2	18.4	11.4	10.1
EPS Diluted						1.5	-3	8.1	18.3	11.4	10.1
EBITDA						29,024	13,131	33,632	57,447	42,177	41,004
Effective Tax Rate						48.6%	25.4%	27.5%	28.3%	27.6%	30.9%