Chevron (BUE:CVX) Tax Rate % : 46.21% (As of Dec. 2024)

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What is Chevron Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chevron's Tax Expense for the three months ended in Dec. 2024 was ARS2,828,000 Mil. Chevron's Pre-Tax Income for the three months ended in Dec. 2024 was ARS6,119,590 Mil. Therefore, Chevron's Tax Rate % for the quarter that ended in Dec. 2024 was 46.21%.

Chevron Tax Rate % Historical Data

The historical data trend for Chevron's Tax Rate % 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.

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Chevron Tax Rate % Chart

Chevron Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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25.39

27.50

28.32

27.63

35.47

Chevron Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															35.73	29.93	36.85	30.71	46.21

Chevron Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Chevron's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	9854570.099	/	27781060.278
	=	35.47 %

Chevron's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	2828000.028	/	6119590.061
	=	46.21 %

Chevron Tax Rate % Related Terms

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Chevron Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chevron Corp (BUE:CVX) » Definitions » Tax Rate %

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Address

1400 Smith Street, Hou, TX, USA, 77002-7327

Website

https://www.chevron.com

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 US and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2023 stood at 11.1 billion barrels of oil equivalent, including 6.0 billion barrels of liquids and 30.4 trillion cubic feet of natural gas.