Chevron Corp Stock Net Income

CVX Stock  USD 159.60  1.16  0.72%   
Chevron Corp fundamentals help investors to digest information that contributes to Chevron Corp's financial success or failures. It also enables traders to predict the movement of Chevron Stock. The fundamental analysis module provides a way to measure Chevron Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chevron Corp stock.
Last ReportedProjected for Next Year
Net Income21.4 B11.9 B
Net Income Applicable To Common Shares40.8 B42.8 B
Net Income From Continuing Ops21.4 B11.9 B
Net Income Per Share 11.36  11.93 
Net Income Per E B T 0.72  0.48 
At this time, Chevron Corp's Net Income Applicable To Common Shares is fairly stable compared to the past year. Net Income Per Share is likely to rise to 11.93 in 2024, whereas Net Income is likely to drop slightly above 11.9 B in 2024.
  
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Chevron Corp Company Net Income Analysis

Chevron Corp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Chevron Corp Net Income

    
  21.41 B  
Most of Chevron Corp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chevron Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chevron Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Chevron Corp is extremely important. It helps to project a fair market value of Chevron Stock properly, considering its historical fundamentals such as Net Income. Since Chevron Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chevron Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chevron Corp's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Chevron Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(3.36 Billion)

Chevron Corp reported Accumulated Other Comprehensive Income of (3.2 Billion) in 2023
Based on the recorded statements, Chevron Corp reported net income of 21.41 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and 159.81% higher than that of the Energy industry. The net income for all United States stocks is significantly lower than that of the firm.

Chevron Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chevron Corp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chevron Corp could also be used in its relative valuation, which is a method of valuing Chevron Corp by comparing valuation metrics of similar companies.
Chevron Corp is currently under evaluation in net income category among its peers.

Chevron Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Chevron Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chevron Corp's managers, analysts, and investors.
Environmental
Governance
Social

Chevron Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Chevron Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Chevron Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Chevron Corp's value.
Shares
Northern Trust Corp2024-09-30
19.1 M
Wells Fargo & Co2024-06-30
19 M
Ameriprise Financial Inc2024-06-30
17.1 M
Franklin Resources Inc2024-06-30
16.6 M
Bank Of New York Mellon Corp2024-06-30
15.4 M
Amvescap Plc.2024-06-30
14.4 M
Legal & General Group Plc2024-06-30
13.6 M
State Farm Mutual Automobile Ins Co2024-09-30
13.3 M
Capital World Investors2024-09-30
12.6 M
Vanguard Group Inc2024-09-30
158.5 M
State Street Corp2024-06-30
158.2 M

Chevron Fundamentals

About Chevron Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chevron Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chevron Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chevron Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.