Chevron Corp (CVX) Return on equity 2016–2025
Chevron Corp (CVX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
6.6%FY2025 · since FY2016: -0.3% → 6.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 6.6% | -5.0 pp |
| FY2024 | 11.6% | -1.7 pp |
| FY2023 | 13.3% | -9.0 pp |
| FY2022 | 22.3% | +11.0 pp |
| FY2021 | 11.2% | +15.4 pp |
| FY2020 | -4.2% | -6.2 pp |
| FY2019 | 2.0% | -7.6 pp |
| FY2018 | 9.6% | +3.4 pp |
| FY2017 | 6.2% | +6.5 pp |
| FY2016 | -0.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice