Chevron Profit Margin
| CVX Stock | USD 166.28 1.09 0.66% |
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.
Profit Margin is likely to rise to 0.15 in 2023. Chevron | Profit Margin |
Chevron Profit Margin Analysis
Chevron Corp's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
More About Profit Margin | All Equity Analysis
Chevron Corp Profit Margin |
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Profit Margin | = | Net Income Revenue | X | 100 |
Current Chevron Corp Profit Margin | 0.14 % |
Most of Chevron Corp's fundamental indicators, such as Profit Margin, 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 Profit Margin 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 Profit Margin. 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.
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Chevron Profit Margin Historical Pattern
Today, most investors in Chevron Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Chevron Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's profit margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Chevron Corp profit margin as a starting point in their analysis.
Chevron Corp Profit Margin |
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In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Chevron Operating Margin
Operating Margin |
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Based on the latest financial disclosure, Chevron Corp has a Profit Margin of 0.1405%. This is 105.93% lower than that of the Oil, Gas & Consumable Fuels sector and 95.81% lower than that of the Energy industry. The profit margin for all United States stocks is 111.06% lower than that of the firm.
Chevron Profit Margin 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 Profit Margin 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 profit margin category among related companies.
Chevron Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Chevron Corp from analyzing Chevron Corp's financial statements. These drivers represent accounts that assess Chevron Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Chevron Corp's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 305.02 K | 60.66 K | (115.8 K) | 366.83 K | 808.85 K | 872.71 K | |
| Revenue Per Employee | 3.42 M | 3.04 M | 1.98 M | 3.81 M | 5.62 M | 6.06 M | |
| Average Assets | 256.21 B | 251.66 B | 230.73 B | 240.98 B | 256.11 B | 279.64 B | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 40.71 B | 35.63 B | 12.77 B | 40.21 B | 66.37 B | 71.61 B | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 40.71 B | 35.63 B | 12.77 B | 40.21 B | 66.37 B | 71.61 B | |
| Earnings before Tax | 20.54 B | 5.62 B | (7.43 B) | 21.57 B | 49.53 B | 53.44 B | |
| Average Equity | 152.67 B | 152.87 B | 135.38 B | 135 B | 154.43 B | 165.94 B | |
| Enterprise Value | 234.3 B | 249.02 B | 185.64 B | 257.56 B | 355.55 B | 327.9 B | |
| Free Cash Flow | 19.22 B | 16.15 B | 4.62 B | 22.92 B | 40.26 B | 43.44 B | |
| Invested Capital | 246.34 B | 227.72 B | 251.92 B | 234.09 B | 224.44 B | 255.72 B | |
| Invested Capital Average | 250.67 B | 240.52 B | 233.01 B | 242.42 B | 227.65 B | 256.26 B | |
| Market Capitalization | 207.87 B | 227.87 B | 157.7 B | 226.21 B | 347.07 B | 312.14 B | |
| Tangible Asset Value | 249.34 B | 232.97 B | 235.39 B | 235.15 B | 252.99 B | 236.86 B | |
| Working Capital | 6.85 B | 1.8 B | 3.9 B | 6.95 B | 16.14 B | 17.41 B |
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.Environment Score | Governance Score | Social Score |
Chevron Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0894 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 321.33 B | |||
| Shares Outstanding | 1.91 B | |||
| Shares Owned by Insiders | 0.036 % | |||
| Shares Owned by Institutions | 72.58 % | |||
| Number of Shares Shorted | 15.44 M | |||
| Price to Earning | 10.45 X | |||
| Price to Book | 2.05 X | |||
| Price to Sales | 1.46 X | |||
| Revenue | 235.72 B | |||
| Gross Profit | 98.89 B | |||
| EBITDA | 66.49 B | |||
| Net Income | 35.6 B | |||
| Cash and Equivalents | 17.68 B | |||
| Cash per Share | 7.98 X | |||
| Total Debt | 23.34 B | |||
| Debt to Equity | 0.15 % | |||
| Current Ratio | 1.40 X | |||
| Book Value Per Share | 84.79 X | |||
| Cash Flow from Operations | 49.6 B | |||
| Short Ratio | 2.08 X | |||
| Earnings Per Share | 15.78 X | |||
| Price to Earnings To Growth | 2.58 X | |||
| Target Price | 175.97 | |||
| Number of Employees | 43.85 K | |||
| Beta | 1.17 | |||
| Market Capitalization | 317.2 B | |||
| Total Asset | 257.71 B | |||
| Retained Earnings | 190.02 B | |||
| Working Capital | 16.14 B | |||
| Current Asset | 34.43 B | |||
| Current Liabilities | 25.47 B | |||
| Z Score | 11.03 | |||
| Annual Yield | 0.0366 % | |||
| Five Year Return | 4.42 % | |||
| Net Asset | 257.71 B | |||
| Last Dividend Paid | 5.86 |
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.| Last Reported | Projected for 2023 | ||
| Profit Margin | 0.14 | 0.15 |
Chevron Corp Investors Sentiment
The influence of Chevron Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Chevron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Chevron Corp's public news can be used to forecast risks associated with an investment in Chevron. The trend in average sentiment can be used to explain how an investor holding Chevron can time the market purely based on public headlines and social activities around Chevron Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Chevron Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Chevron Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Chevron Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Chevron Corp.
Chevron Corp Implied Volatility | 24.8 |
Chevron Corp's implied volatility exposes the market's sentiment of Chevron Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Chevron Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Chevron Corp stock will not fluctuate a lot when Chevron Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chevron Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chevron Corp's short interest history, or implied volatility extrapolated from Chevron Corp options trading.
Pair Trading with Chevron Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chevron Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chevron Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Chevron Stock
| + | 0.9 | E | Eni SpA ADR | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| + | 0.95 | BP | BP PLC ADR | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| + | 0.92 | EC | Ecopetrol SA ADR | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| + | 0.91 | SU | Suncor Energy | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| + | 0.93 | EQNR | Equinor ASA ADR | Fiscal Quarter End 30th of September 2023 | PairCorr |
Moving against Chevron Stock
| - | 0.74 | TGS | Transportadora De Gas | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.73 | YPF | YPF Sociedad Anonima | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| - | 0.46 | BNMV | BitNile Metaverse | Symbol Change | PairCorr | |
| - | 0.45 | SLNG | Stabilis Solutions | Fiscal Quarter End 30th of September 2023 | PairCorr |
The ability to find closely correlated positions to Chevron Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chevron Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chevron Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chevron Corp to buy it.
The correlation of Chevron Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chevron Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chevron Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chevron Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Chevron Corp Piotroski F Score and Chevron Corp Altman Z Score analysis. For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary 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.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 5.86 | Earnings Share 15.78 | Revenue Per Share 112.996 | Quarterly Revenue Growth (0.28) |
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.