Chevron Corp (CVX) — Capital Reinvestment Ratio
Chevron Corp (CVX) has a Capital Reinvestment Ratio of 1.62x as of March 2026, meaning it reinvests 2% of its operating cash flow ($2.51 Billion) in capital expenditures ($4.06 Billion). See CVX net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Chevron Corp Capital Reinvestment Ratio (1992–2025)
This chart tracks Chevron Corp's Capital Reinvestment Ratio across 34 annual periods. Check cash flow reinvestment rate of Chevron Corp to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Chevron Corp (1992–2025)
Year-by-year Capital Reinvestment Ratio for Chevron Corp from 1992 to 2025. For live market cap and broader valuation context, see Chevron Corp market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.51x | $33.94 Billion | $17.35 Billion | ▼ -2.1% |
| 2024 | 0.52x | $31.49 Billion | $16.45 Billion | ▲ +17.5% |
| 2023 | 0.44x | $35.61 Billion | $15.83 Billion | ▲ +83.7% |
| 2022 | 0.24x | $49.60 Billion | $12.00 Billion | ▼ -12.8% |
| 2021 | 0.28x | $29.20 Billion | $8.10 Billion | ▼ -67.0% |
| 2020 | 0.84x | $10.60 Billion | $8.90 Billion | ▲ +62.6% |
| 2019 | 0.52x | $27.30 Billion | $14.10 Billion | ▲ +14.6% |
| 2018 | 0.45x | $30.62 Billion | $13.80 Billion | ▼ -31.6% |
| 2017 | 0.66x | $20.34 Billion | $13.40 Billion | ▼ -53.2% |
| 2016 | 1.41x | $12.85 Billion | $18.11 Billion | ▼ -7.0% |
| 2015 | 1.52x | $19.46 Billion | $29.50 Billion | ▲ +34.8% |
| 2014 | 1.12x | $31.48 Billion | $35.41 Billion | ▲ +3.7% |
| 2013 | 1.09x | $35.00 Billion | $37.98 Billion | ▲ +36.1% |
| 2012 | 0.80x | $38.81 Billion | $30.94 Billion | ▲ +23.6% |
| 2011 | 0.64x | $41.10 Billion | $26.50 Billion | ▲ +3.1% |
| 2010 | 0.63x | $31.36 Billion | $19.61 Billion | ▼ -38.9% |
| 2009 | 1.02x | $19.37 Billion | $19.84 Billion | ▲ +54.3% |
| 2008 | 0.66x | $29.63 Billion | $19.67 Billion | ▼ -0.6% |
| 2007 | 0.67x | $24.98 Billion | $16.68 Billion | ▲ +17.6% |
| 2006 | 0.57x | $24.32 Billion | $13.81 Billion | ▲ +31.2% |
| 2005 | 0.43x | $20.11 Billion | $8.70 Billion | ▲ +0.8% |
| 2004 | 0.43x | $14.69 Billion | $6.31 Billion | ▼ -6.0% |
| 2003 | 0.46x | $12.31 Billion | $5.62 Billion | ▼ -40.2% |
| 2002 | 0.76x | $9.94 Billion | $7.60 Billion | ▼ -9.9% |
| 2001 | 0.85x | $11.46 Billion | $9.71 Billion | ▲ +49.7% |
| 2000 | 0.57x | $13.47 Billion | $7.63 Billion | ▼ -44.2% |
| 1999 | 1.02x | $7.77 Billion | $7.89 Billion | ▼ -2.3% |
| 1998 | 1.04x | $3.73 Billion | $3.88 Billion | ▲ +22.2% |
| 1997 | 0.85x | $4.58 Billion | $3.90 Billion | ▲ +44.0% |
| 1996 | 0.59x | $5.80 Billion | $3.42 Billion | ▼ -31.8% |
| 1995 | 0.87x | $4.08 Billion | $3.53 Billion | ▼ -26.3% |
| 1994 | 1.18x | $2.90 Billion | $3.40 Billion | ▲ +49.3% |
| 1993 | 0.79x | $4.22 Billion | $3.32 Billion | ▼ -8.1% |
| 1992 | 0.86x | $3.91 Billion | $3.35 Billion | — |