Chevron
CVX
$162.85
Share price
0.57%
Change (1 day)
-5.03%
Change (1 year)
Categories
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 |
|---|---|---|
| 2022 | 21.07% | 51.54% |
| 2021 | 13.91% | -276.27% |
| 2020 | -7.89% | -299.32% |
| 2019 | 3.96% | -69.43% |
| 2018 | 12.95% | 89.11% |
| 2017 | 6.85% | -449.37% |
| 2016 | -1.96% | -152.59% |
| 2015 | 3.73% | -76.05% |
| 2014 | 15.56% | -4.58% |
| 2013 | 16.31% | -18.83% |
| 2012 | 20.09% | 3.91% |
| 2011 | 19.34% | 15.84% |
| 2010 | 16.69% | 54.63% |
| 2009 | 10.79% | -31.39% |
| 2008 | 15.73% | 8.06% |
| 2007 | 14.56% | -4.31% |
| 2006 | 15.22% | 19.71% |
| 2005 | 12.71% | -3.93% |
| 2004 | 13.23% | 26.18% |
| 2003 | 10.49% | 149.95% |
| 2002 | 4.20% | -46.23% |
| 2001 | 7.80% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Shell SHEL | 13.26% | -33.13% | 🇬🇧 UK |
 BP BP | 6.38% | -67.83% | 🇬🇧 UK |
 ConocoPhillips COP | 30.86% | 55.62% | 🇺🇸 USA |
 Phillips 66 PSX | 9.97% | -49.72% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | 0.71% | 🇺🇸 USA |
 Hess HES | 32.50% | 63.89% | 🇺🇸 USA |
 Suncor Energy
SU | 21.11% | 6.45% | 🇨🇦 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.