Net margin is calculated as Net Income divided by its Revenue. Chevron's Net Income for the
three
months ended in Jun. 2022 was $11,622 Mil. Chevron's Revenue for the
three
months ended in Jun. 2022 was $65,372 Mil. Therefore, Chevron's net margin for the quarter that ended in Jun. 2022 was 17.78%.
The historical rank and industry rank for Chevron's Net Margin % or its related term are showing as below:
CVX'
s Net Margin % Range Over the Past 10 Years
Min: -5.87 Med: 8.08 Max: 11.35
Current: 14.09
CVX's Net Margin % is ranked better than 69.69% of 970
companies
in the Oil & Gas industry
Industry Median: 3.69
vs CVX: 14.09
Chevron Net Margin % Historical Data
The historical data trend for Chevron's Net 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.
* Premium members only.
Chevron Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Net Margin %
6.83
9.33
2.09
-5.87
10.04
Chevron Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Net Margin %
8.53
14.36
11.02
11.96
17.78
Competitive Comparison
For the Oil & Gas Integrated subindustry, Chevron's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % Distribution
For the Oil & Gas industry and Energy sector, Chevron's Net Margin % distribution charts can be found below:
* The bar in red indicates where Chevron's Net Margin % falls into.
Chevron Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Chevron's Net Margin for the fiscal year that ended in Dec. 2021 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.
Chevron (NYSE:CVX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Chevron Net Margin % Related Terms
Thank you for viewing the detailed overview of Chevron's Net Margin % 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 3.1 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.8 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 2021 stood at 11.3 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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