Chevron Return On Tangible Assets from 2010 to 2024

CVX Stock  USD 161.42  0.38  0.23%   
Chevron Corp Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.08 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.08317699
Current Value
0.0781
Quarterly Volatility
0.04796782
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chevron Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chevron Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 B, Interest Expense of 252.9 M or Selling General Administrative of 6.2 B, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0295 or PTB Ratio of 2.06. Chevron financial statements analysis is a perfect complement when working with Chevron Corp Valuation or Volatility modules.
  
Check out the analysis of Chevron Corp Correlation against competitors.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Latest Chevron Corp's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Chevron Corp over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Chevron Corp's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chevron Corp's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Chevron Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.04
Coefficient Of Variation78.99
Mean Deviation0.04
Median0.07
Standard Deviation0.05
Sample Variance0
Range0.1637
R-Value(0.06)
Mean Square Error0
R-Squared0
Significance0.82
Slope(0.0007)
Total Sum of Squares0.03

Chevron Return On Tangible Assets History

2024 0.0781
2023 0.0832
2022 0.14
2021 0.0664
2020 -0.0235
2019 0.0126
2018 0.0595

About Chevron Corp Financial Statements

Chevron Corp investors use historical fundamental indicators, such as Chevron Corp's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Chevron Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.08 

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Additional Tools for Chevron Stock Analysis

When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.