Chevron Gross Margin 2010-2025 | CVX

Chevron gross margin for the quarter ending March 31, 2025 was 38.06%.

  • Chevron average gross margin for 2024 was 38.58%, a 2.4% decline from 2023.
  • Chevron average gross margin for 2023 was 39.53%, a 0.71% decline from 2022.
  • Chevron average gross margin for 2022 was 39.25%, a 3.7% increase from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Chevron Gross Margin 2010-2025 | CVX

  • Chevron average gross margin for 2024 was 38.58%, a 2.4% decline from 2023.
  • Chevron average gross margin for 2023 was 39.53%, a 0.71% decline from 2022.
  • Chevron average gross margin for 2022 was 39.25%, a 3.7% increase from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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