Chevron Operating Margin 2010-2025 | CVX
- Chevron average operating margin for 2024 was 13.44%, a 24.62% decline from 2023.
- Chevron average operating margin for 2023 was 17.83%, a 3.47% decline from 2022.
- Chevron average operating margin for 2022 was 18.47%, a 312.28% decline from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.