Chevron Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	200,949	246,252	162,465	94,692	146,516	Upgrade
Revenue Growth (YoY)	-18.40%	51.57%	71.57%	-35.37%	-11.92%	Upgrade
Cost of Revenue	148,303	174,162	116,938	75,310	105,634	Upgrade
Gross Profit	52,646	72,090	45,527	19,382	40,882	Upgrade
Selling, General & Admin	4,141	4,312	4,014	4,213	4,143	Upgrade
Research & Development	914	974	549	1,537	770	Upgrade
Other Operating Expenses	17,538	16,614	18,613	20,388	29,635	Upgrade
Operating Expenses	22,593	21,900	23,176	26,138	34,548	Upgrade
Operating Income	30,053	50,190	22,351	-6,756	6,334	Upgrade
Interest Expense / Income	469	516	712	697	798	Upgrade
Other Expense / Income	42	143	64	-18	-79	Upgrade
Pretax Income	29,542	49,531	21,575	-7,435	5,615	Upgrade
Income Tax	8,173	14,066	5,950	-1,892	2,691	Upgrade
Net Income	21,369	35,465	15,625	-5,543	2,924	Upgrade
Net Income Growth	-39.75%	126.98%	-	-	-80.28%	Upgrade
Shares Outstanding (Basic)	1,888	1,934	1,928	1,867	1,891	Upgrade
Shares Change	-2.37%	0.31%	3.23%	-1.25%	-1.04%	Upgrade
EPS (Basic)	11.41	18.36	8.15	-2.96	1.55	Upgrade
EPS (Diluted)	11.36	18.28	8.14	-2.96	1.54	Upgrade
EPS Growth	-37.86%	124.57%	-	-	-80.10%	Upgrade
Free Cash Flow	20,449	40,263	22,922	4,623	16,149	Upgrade
Free Cash Flow Per Share	10.83	20.82	11.89	2.48	8.54	Upgrade
Dividend Per Share	6.040	5.680	5.310	5.160	4.760	Upgrade
Dividend Growth	6.34%	6.97%	2.91%	8.40%	6.25%	Upgrade
Gross Margin	26.20%	29.27%	28.02%	20.47%	27.90%	Upgrade
Operating Margin	14.96%	20.38%	13.76%	-7.13%	4.32%	Upgrade
Profit Margin	10.63%	14.40%	9.62%	-5.85%	2.00%	Upgrade
Free Cash Flow Margin	10.18%	16.35%	14.11%	4.88%	11.02%	Upgrade
Effective Tax Rate	27.67%	28.40%	27.58%	-	47.93%	Upgrade
EBITDA	47,337	66,366	40,212	12,770	35,631	Upgrade
EBITDA Margin	23.56%	26.95%	24.75%	13.49%	24.32%	Upgrade
Depreciation & Amortization	17,326	16,319	17,925	19,508	29,218	Upgrade
EBIT	30,011	50,047	22,287	-6,738	6,413	Upgrade
EBIT Margin	14.93%	20.32%	13.72%	-7.12%	4.38%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).