Company Valuation: Chevron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 224,551 344,526 280,726 260,291 304,721 348,819 - -
Change - 53.43% -18.52% -7.28% 17.07% 14.47% - -
Enterprise Value (EV) 1 250,245 349,964 293,339 278,047 339,182 373,344 368,639 363,337
Change - 39.85% -16.18% -5.21% 21.99% 10.07% -1.26% -1.44%
P/E 14.4x 9.82x 13.1x 14.9x 23x 11.6x 13x 13.8x
PBR 1.62x 2.18x 1.74x 1.73x 1.63x 1.8x 1.78x 1.78x
PEG - 0x -0.3x -1x -0.7x 0x -1.2x -2.67x
Capitalization / Revenue 1.38x 1.4x 1.4x 1.28x 1.61x 1.53x 1.66x 1.69x
EV / Revenue 1.54x 1.42x 1.46x 1.37x 1.79x 1.64x 1.76x 1.76x
EV / EBITDA 6.13x 5.19x 6.07x 6x 8.05x 5.46x 5.86x 6.02x
EV / EBIT 11.2x 6.97x 9.76x 9.89x 16.2x 8.48x 10.1x 10.5x
EV / FCF 11.1x 9.86x 14.8x 18.5x 20.4x 10.6x 11.5x 11.7x
FCF Yield 8.99% 10.1% 6.75% 5.39% 4.89% 9.42% 8.72% 8.53%
Dividend per Share 2 5.31 5.68 6.04 6.52 6.84 7.13 7.433 7.73
Rate of return 4.52% 3.16% 4.05% 4.5% 4.49% 4.04% 4.21% 4.38%
EPS 2 8.14 18.28 11.36 9.72 6.63 15.19 13.52 12.82
Distribution rate 65.2% 31.1% 53.2% 67.1% 103% 46.9% 55% 60.3%
Net sales 1 162,465 246,252 200,949 202,792 189,031 227,299 209,845 206,057
EBITDA 1 40,825 67,483 48,293 46,377 42,143 68,393 62,884 60,354
EBIT 1 22,351 50,190 30,053 28,100 20,960 44,019 36,519 34,624
Net income 1 15,625 35,465 21,369 17,661 12,299 28,366 24,639 24,160
Net Debt 1 25,694 5,438 12,613 17,756 34,461 24,525 19,820 14,518
Reference price 2 117.35 179.49 149.16 144.84 152.41 176.40 176.40 176.40
Nbr of stocks (in thousands) 1,913,518 1,919,471 1,882,048 1,797,091 1,999,354 1,977,430 - -
Announcement Date 28/1/22 27/1/23 2/2/24 31/1/25 30/1/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.61x1.64x5.46x4.04% 349B
13.68x3.36x6.48x5.21% 1,722B
7.45x0.54x3.4x7.02% 246B
7.88x0.84x3.82x3.82% 227B
6.97x0.97x3.84x5.26% 174B
5.3x1.56x2.51x8.55% 136B
3.29x1.47x2.83x12.98% 107B
7.1x0.78x1.81x4.68% 84.02B
8.41x0.75x3.66x5.28% 69.67B
Average 7.97x 1.32x 3.76x 6.31% 345.94B
Weighted average by Cap. 11.14x 2.36x 5.29x 5.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CVX Stock
  4. Valuation Chevron Corporation