Chevron Cost Of Revenue from 2010 to 2024

CVX Stock  USD 165.89  0.61  0.37%   
Chevron Corp Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue will likely drop to about 100.7 B in 2024. During the period from 2010 to 2024, Chevron Corp Cost Of Revenue regression line of annual values had r-squared of  0.03 and arithmetic mean of  113,581,057,292. View All Fundamentals
 
Cost Of Revenue  
First Reported
1993-03-31
Previous Quarter
36.4 B
Current Value
42.5 B
Quarterly Volatility
16.4 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chevron Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chevron main balance sheet or income statement drivers, such as Depreciation And Amortization of 12 B, Interest Expense of 252.9 M or Selling General Administrative of 6.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0294 or PTB Ratio of 2.06. Chevron financial statements analysis is a perfect complement when working with Chevron Corp Valuation or Volatility modules.
  
This module can also supplement Chevron Corp's financial leverage analysis and stock options assessment as well as various Chevron Corp Technical models . Check out the analysis of Chevron Corp Correlation against competitors.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Latest Chevron Corp's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Chevron Corp over the last few years. Cost of Revenue is found on Chevron Corp income statement and represents the costs associated with goods and services Chevron Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Chevron Corp's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chevron Corp's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Pretty Stable
   Cost Of Revenue   
       Timeline  

Chevron Cost Of Revenue Regression Statistics

Arithmetic Mean113,581,057,292
Geometric Mean103,238,221,048
Coefficient Of Variation35.57
Mean Deviation31,571,813,194
Median109,331,000,000
Standard Deviation40,402,887,715
Sample Variance1632393335.7T
Range146.8B
R-Value0.16
Mean Square Error1711658552.1T
R-Squared0.03
Significance0.56
Slope1,466,221,484
Total Sum of Squares22853506700.3T

Chevron Cost Of Revenue History

2024100.7 B
2023166.7 B
2022161.7 B
2021107.3 B
202070 B
2019109.3 B
2018114 B

About Chevron Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Chevron Corp income statement, its balance sheet, and the statement of cash flows. Chevron Corp investors use historical funamental indicators, such as Chevron Corp's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Chevron Corp investors may use each financial statement separately, they are all related. The changes in Chevron Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chevron Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Chevron Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Chevron Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue166.7 B100.7 B

Pair Trading with Chevron Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chevron Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chevron Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chevron Stock

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Moving against Chevron Stock

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The ability to find closely correlated positions to Chevron Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chevron Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chevron Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chevron Corp to buy it.
The correlation of Chevron Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chevron Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chevron Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chevron Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Chevron Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chevron Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chevron Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chevron Corp Stock:
Check out the analysis of Chevron Corp Correlation against competitors.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Chevron Stock analysis

When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
6.16
Earnings Share
10.87
Revenue Per Share
103.656
Quarterly Revenue Growth
(0.04)
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.