Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Chevron's annualizedGross Profit for the quarter that ended in Dec. 2023 was $56,808 Mil.
Chevron's average Total Assets over the quarter that ended in Dec. 2023 was $262,780 Mil. Therefore, Chevron's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 21.62%.
Chevron Gross-Profit-to-Asset % Historical Data
The historical data trend for Chevron's Gross-Profit-to-Asset % 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.
Competitive Comparison of Chevron's Gross-Profit-to-Asset %
For the Oil & Gas Integrated subindustry, Chevron's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Chevron's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Chevron's Gross-Profit-to-Asset % falls into.
Chevron Gross-Profit-to-Asset % Calculation
Chevron's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Chevron Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Chevron's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
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 production of 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the U.S. and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2022 stood at 11.2 billion barrels of oil equivalent, including 6.1 billion barrels of liquids and 30.9 trillion cubic feet of natural gas.
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