The oil giant climbed six spots on this year’s Fortune 500. Fueled by a 52% jump in annual revenue, Chevron moved back into the top 10 for the first time since 2015.
- Chevron brought in $35.5 billion in profit, making it the sixth most profitable company on this year’s list.
- In November 2022, Chevron won permission from the U.S. Treasury Department to begin pumping oil in Venezuela again, resuming operations that had been interrupted by U.S. sanctions against that country.
Ian Tuttle—Bloomberg/Getty Images
Company Information
As of 6/5/23
Country/Territory
U.S.
Headquarters
San Ramon, Calif.
Industry
Petroleum Refining
CEO
Michael K. Wirth
Website
Company Type
Public
Ticker
CVX
Revenues ($M)
$246,252
Profits ($M)
$35,465
Market Value ($M)
$311,093
Employees
43,846
Excise taxes have been deducted. Market value as of March 31, 2023.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$246,252
51.6%
Profits ($M)
$35,465
127%
Assets ($M)
$257,709
-
Total Stockholder Equity ($M)
$159,282
-
Profit Ratios
Profit as % of Revenues
14.4%
Profits as % of Assets
13.8%
Profits as % of Stockholder Equity
22.3%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
18.28
EPS % Change (from 2021)
124.6%
EPS % Change (5 year annual rate)
30.4%
EPS % Change (10 year annual rate)
3.2%
Total Return
Total Return to Investors (2022)
58.1%
Total Return to Investors (5 year, annualized)
12.2%
Total Return to Investors (10 year, annualized)
9.6%
Chevron Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2022 | $162,46571.6% | $15,625 | $239,535 | $139,067 |
| 2021 | $94,692-35.4% | $-5,543-289.6% | $239,790 | $131,688 |
| 2020 | $146,516-11.9% | $2,924-80.3% | $237,428 | $144,213 |
| 2019 | $166,33923.6% | $14,82461.2% | $253,863 | $154,554 |
| 2018 | $134,53325.1% | $9,195 | $253,806 | $148,124 |
SHOW MORE
Latest news for Chevron
