Chevron
CVX
#28
Rank
$289.21 B
Marketcap
$152.65
Share price
1.35%
Change (1 day)
-12.60%
Change (1 year)

Operating Margin for Chevron (CVX)

Operating Margin as of June 2023 (TTM): 21.80%

According to Chevron's latest financial reports and stock price the company's current Operating Margin is 21.80%. At the end of 2021 the company had an Operating Margin of 13.91%.

Operating Margin history for Chevron from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
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%20.22%
201016.08%46.12%
200911.01%-30.04%
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
17.80%-18.35%๐Ÿ‡ฌ๐Ÿ‡ง UK
9.65%-55.73%๐Ÿ‡ฌ๐Ÿ‡ง UK
35.96% 64.95%๐Ÿ‡บ๐Ÿ‡ธ USA
10.20%-53.21%๐Ÿ‡บ๐Ÿ‡ธ USA
21.79%-0.05%๐Ÿ‡บ๐Ÿ‡ธ USA
19.93%-8.58%๐Ÿ‡บ๐Ÿ‡ธ USA
13.54%-37.89%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.