|CVX -- USA Stock|| |
USD 118.14 0.68 0.58%
Historical analysis of Chevron income statement accounts such as Cost of Revenue of 103.2 B
, Earning Before Interest and Taxes EBIT of 1.4 B
or Gross Profit of 39.5 B
can show how well Chevron Corporation performed in making a profits. Evaluating Chevron income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chevron future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Chevron latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Chevron is a good buy for the upcoming year. Check also Trending Equities
Cost of Revenue Earning Before Interest and Taxes EBIT Earning Before Interest and Taxes USD Net Income Net Loss Income from Discontinued Operations Revenues Research and Development Expense Weighted Average Shares
|Chevron Corporation Income Statement Chart|
Cost of Revenue
Cost of Revenue is found on Chevron income statement and represents the costs associated with goods and services Chevron provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. The aggregate cost of goods produced and sold and services rendered during the reporting period.
Earning Before Interest and Taxes EBIT
Earnings Before Interest and Tax is calculated by adding Income Tax Expense
and Interest Expense
back to Net Income
Earning Before Interest and Taxes USD Earning Before Interest and Taxes EBIT
in USD; converted by [FXUSD].
Net income is one of the most important fundamental items in finance. It plays a large role in Chevron financial statement analysis. It represents the amount of money remaining after all of Chevron Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of [NetIncNCI] from [ConsolInc]; and before the deduction of [PrefDivIS].
Net Loss Income from Discontinued Operations
Amount of loss (income) from a disposal group; net of income tax; reported as a separate component of income.
Revenues refers to the total amount of money received by Chevron for goods sold or services provided during a certain time period. It also includes all of Chevron sales as well as any other increase in Chevron Corporation equity.Revenues are reported on Chevron income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Research and Development Expense
A component of [OpEx] representing the aggregate costs incurred in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service.
Weighted Average Shares
The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share
; determined based on the timing of issuance of shares or units in the period.