Chevron (MIL:1CVX) EBITDA Margin %: 21.41% (As of Mar. 2026) — Near Median


MIL:1CVX Chevron Corp MIL:1CVX
50 GF Score
Price €154.50
GF Value €132.39
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Chevron EBITDA Margin %?

Chevron MIL:1CVX +1.42% 50 EBITDA Margin % is 21.41% as of Mar. 2026, which is 7% below its 10-year median of 23.08. GuruFocus rates MIL:1CVX with a GF Score™ of 50/100 and a GF Value™ of €132.39 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 916 Oil & Gas companies, Chevron ranks better than 60.81% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Chevron's EBITDA for the three months ended in Mar. 2026 was €8,808 Mil. Chevron's Revenue for the three months ended in Mar. 2026 was €41,136 Mil. Therefore, Chevron's EBITDA margin for the quarter that ended in Mar. 2026 was 21.41%.


Chevron  (MIL:1CVX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Chevron EBITDA Margin % Related Terms


Chevron EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Chevron's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chevron EBITDA Margin % Chart

Chevron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.30 27.78 24.28 23.69 22.46

Chevron Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.76 19.90 24.15 23.86 21.41

MIL:1CVX vs XOM, NFG, DEC: EBITDA Margin % Comparison

For the Oil & Gas Integrated subindustry, Chevron's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chevron EBITDA Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chevron's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Chevron's EBITDA Margin % falls into.


MIL:1CVX
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Chevron Corp MIL:1CVX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chevron EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Chevron's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=35370.118/157504.928
=22.46 %

Chevron's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=8808.295/41135.94
=21.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 21.41% mean?
Chevron (MIL:1CVX) has a EBITDA Margin % of 21.41% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Chevron and its competitors. This is near median its historical median of 23.08. Over the past decade, Chevron's EBITDA Margin % has ranged from 11.05 to 27.78. According to the industry distribution chart, Chevron ranks #359 out of 916 companies in the Oil & Gas industry, placing it in the top 39.2%.
Is Chevron's EBITDA Margin % too high?
Chevron's current EBITDA Margin % of 21.41% is near median its 10-year median of 23.08. Over the past 10 years, this metric has ranged from a low of 11.05 to a high of 27.78. The Oil & Gas industry median EBITDA Margin % is 13.80. Chevron's value of 21.41% is 55.1% above this industry median. Based on the distribution chart, Chevron ranks #359 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Chevron has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chevron's EBITDA Margin % compare to XOM and NFG?
According to the Oil & Gas industry distribution chart, Chevron ranks #359 out of 916 companies for EBITDA Margin %. This puts Chevron in the upper half of its industry. The industry median EBITDA Margin % is 13.80. Chevron's value of 21.41% is 55.1% above this benchmark. Historically, Chevron's own EBITDA Margin % has ranged from 11.05 to 27.78 over the past decade. While the company's 10-year median is 23.08 vs. the industry median of 13.80, Chevron has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chevron's current EBITDA Margin % of 21.41% is 55.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Chevron and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chevron's current EBITDA Margin % is 21.41%, which is near median its own 10-year median of 23.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chevron stock overvalued right now?
Based on GuruFocus' analysis, Chevron (MIL:1CVX) is currently considered Modestly Overvalued. The stock's GF Value™ is €132.39, compared to a current price of €154.50 — trading 16.7% above its estimated fair value. The current EBITDA Margin % is 21.41%, which is near median its 10-year median of 23.08 and 55.1% above the Oil & Gas industry median of 13.80. Chevron's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Chevron (MIL:1CVX), the current EBITDA Margin % is 21.41% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chevron (MIL:1CVX) Overvalued in 2026?

Based on GuruFocus' analysis, Chevron stock appears to be overvalued. The current stock price of €154.50 is trading 16.7% above its estimated GF Value™ of €132.39. GuruFocus considers Chevron to be Modestly Overvalued.

Key valuation signals for MIL:1CVX:

  • EBITDA Margin %: 21.41% (near median its 10-year median of 23.08)
  • GF Value™: €132.39 vs. price of €154.50 (16.7% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 55.1% above the Oil & Gas median (#359 of 916)

No single metric tells the full story. See the MIL:1CVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chevron Business Description

Industry EnergyOil & Gas
Address 1400 Smith Street, Houston, TX, USA, 77002-7327
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with 2025 worldwide net oil-equivalent production of 3.7 million barrels per day, including 8.5 billion cubic feet per day of natural gas and 2.3 million barrels of liquids per day. Production takes place in North America, South America, Europe, Africa, Asia, and Australia. The company's refining networks arelocated in the United States and Asia, with a total worldwide refining capacity of 1.8 million barrels of oil a day at year-end 2025. Net proved reserves at year-end 2025 stood at 10.6 billion barrels of oil equivalent, consisting of 5.7 billion barrels of liquids and 29.2 trillion cubic feet of natural gas.
50GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€154.50
Price
€132.39
GF Value