Chevron Return On Tangible Equity 2010-2025 | CVX
- Chevron average return on tangible equity for 2024 was 11.75, a 35.19% decline from 2023.
- Chevron average return on tangible equity for 2023 was 18.13, a 12.5% decline from 2022.
- Chevron average return on tangible equity for 2022 was 20.72, a 409.09% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.