ChevronXSWX:CVX 62 OCF Margin % is 5.29% as of Mar. 2026, which is 71% below its 10-year median of 18.24. GuruFocus rates XSWX:CVX with a GF Score™ of 62/100 and a GF Value™ of CHF120.02. The stock has 4 warning signs investors should review. Among 905 Oil & Gas companies, Chevron ranks better than 55.36% on this metric.
The historical rank and industry rank for Chevron's OCF Margin % or its related term are showing as below:
XSWX:CVX'
s OCF Margin % Range Over the Past 10 Years
Min: 11.2 Med: 18.24 Max: 21.04
Current: 16.87
During the past 13 years, the highest OCF Margin % of Chevron was 21.04%. The lowest was 11.20%. And the median was 18.24%.
XSWX:CVX's OCF Margin % is ranked better than 55.36% of 905
companies
in the Oil & Gas industry
Industry Median: 13.96
vs XSWX:CVX: 16.87
Chevron OCF Margin % Related Terms
Chevron OCF Margin % Historical Data
* Premium members only.
The historical data trend for Chevron's OCF 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.
XSWX:CVX vs XOM, NFG, DEC: OCF Margin % Comparison
For the Oil & Gas Integrated subindustry, Chevron's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Chevron's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Chevron's OCF Margin % falls into.
* 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 (XSWX:CVX) has a OCF Margin % of 5.29% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Chevron and its competitors. This is 71% below median its historical median of 18.24. Over the past decade, Chevron's OCF Margin % has ranged from 11.20 to 21.04. According to the industry distribution chart, Chevron ranks #404 out of 905 companies in the Oil & Gas industry, placing it in the top 44.6%.
Is Chevron's OCF Margin % too high?
Chevron's current OCF Margin % of 5.29% is 71% below median its 10-year median of 18.24. Over the past 10 years, this metric has ranged from a low of 11.20 to a high of 21.04. The Oil & Gas industry median OCF Margin % is 13.96. Chevron's value of 5.29% is 62.1% below this industry median. Based on the distribution chart, Chevron ranks #404 out of 905 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Chevron has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Chevron's OCF Margin % compare to XOM and NFG?
According to the Oil & Gas industry distribution chart, Chevron ranks #404 out of 905 companies for OCF Margin %. This puts Chevron in the upper half of its industry. The industry median OCF Margin % is 13.96. Chevron's value of 5.29% is 62.1% below this benchmark. Historically, Chevron's own OCF Margin % has ranged from 11.20 to 21.04 over the past decade. While the company's 10-year median is 18.24 vs. the industry median of 13.96, Chevron has consistently been below 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 OCF Margin % for an Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 13.96, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chevron's current OCF Margin % of 5.29% is 62.1% below 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Chevron and its competitors. For the Oil & Gas industry, the median OCF Margin % is 13.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chevron's current OCF Margin % is 5.29%, which is 71% below median its own 10-year median of 18.24. 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?
Chevron (XSWX:CVX) has a current OCF Margin % of 5.29%. The stock's GF Value™ is CHF120.02, compared to a current price of CHF141.52 — trading 17.9% above its estimated fair value. The current OCF Margin % is 5.29%, which is 71% below median its 10-year median of 18.24 and 62.1% below the Oil & Gas industry median of 13.96. Chevron's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Chevron (XSWX:CVX), the current OCF Margin % is 5.29% 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 (XSWX:CVX) Overvalued in 2026?
Based on GuruFocus' analysis, Chevron stock appears to be overvalued.
The current stock price of CHF141.52 is trading 17.9% above its estimated GF Value™ of CHF120.02.
Key valuation signals for XSWX:CVX:
OCF Margin %: 5.29% (71% below median its 10-year median of 18.24)
GF Value™: CHF120.02 vs. price of CHF141.52 (17.9% above fair value)
Industry Position: 62.1% below the Oil & Gas median (#404 of 905)
No single metric tells the full story. See the XSWX:CVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
62GF Score
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