Chevron Corporation FY 2023 Earnings Analysis
Revenue declined 16.5% year over year. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.
Revenue trend
Revenue trend remains stable.
Margin and earnings quality
Profitability was broadly stable.
What matters next
Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.
Revenue & YoY Growth
AnnualRevenue trend and year-over-year growth across recent reported annual periods.
Net Income & Net Margin
AnnualNet income and net margin trend over recent reported annual periods.
Revenue Analysis
Chevron Corporation reported $196.9B in revenue for FY 2023, down 16.5% YoY. The year-over-year decline indicates ongoing pressure on topline performance.
Profitability Analysis
Net income came in at $21.4B, down 39.7% YoY. Net margin was 10.9%. Sequential margin deterioration suggests profitability remains under pressure.
Frequently Asked Questions
Quick factual answers for this report. Need the why behind them? Ask the report assistant.
What was Chevron Corporation's revenue in FY 2023?
Chevron Corporation reported revenue of $196.9B in FY 2023.
What was Chevron Corporation's net income in FY 2023?
Chevron Corporation reported net income of $21.4B in FY 2023.
How did Chevron Corporation's revenue change year over year?
Chevron Corporation's revenue decreased by 16.5% year over year in FY 2023.
What was Chevron Corporation's net margin in FY 2023?
Chevron Corporation's net margin was 10.9% in FY 2023.
Compare this fiscal year with the previous annual earnings report.
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Data Source & Methodology
Financial data is sourced from company filings and internal processed earnings data.
YoY and QoQ values are derived from reported quarterly figures when not directly available.
This page is for informational purposes only and does not constitute investment advice.
