Chevron
CVX
#32
Rank
$290.89 B
Marketcap
$157.57
Share price
0.75%
Change (1 day)
-7.59%
Change (1 year)

Operating Margin for Chevron (CVX)

Operating Margin as of April 2024 (TTM): 19.83%

According to Chevron's latest financial reports and stock price the company's current Operating Margin is 19.83%. At the end of 2022 the company had an Operating Margin of 21.07%.

Operating Margin history for Chevron from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202221.07%51.54%
202113.91%-276.27%
2020-7.89%-299.32%
20193.96%-69.43%
201812.95%89.11%
20176.85%-449.37%
2016-1.96%-152.59%
20153.73%-76.05%
201415.56%-4.58%
201316.31%-18.83%
201220.09%3.91%
201119.34%15.84%
201016.69%54.63%
200910.79%-31.39%
200815.73%8.06%
200714.56%-4.31%
200615.22%19.71%
200512.71%-3.93%
200413.23%26.18%
200310.49%149.95%
20024.20%-46.23%
20017.80%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.26%-33.13%๐Ÿ‡ฌ๐Ÿ‡ง UK
6.38%-67.83%๐Ÿ‡ฌ๐Ÿ‡ง UK
30.86% 55.62%๐Ÿ‡บ๐Ÿ‡ธ USA
9.97%-49.72%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97% 0.71%๐Ÿ‡บ๐Ÿ‡ธ USA
32.50% 63.89%๐Ÿ‡บ๐Ÿ‡ธ USA
21.11% 6.45%๐Ÿ‡จ๐Ÿ‡ฆ Canada

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.