Chevron Corp (CVX) — Cash Flow Reinvestment Rate
Latest as of March 2026:
1.62x
Chevron Corp (CVX) has a Cash Flow Reinvestment Rate of 1.62x as of March 2026, reinvesting $4.06 Billion (capex $4.06 Billion ) from operating cash flow of $2.51 Billion. Check Chevron Corp cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
1.62x
(Capex + Investments) / Operating CF
Total Reinvested
$4.06 Billion
Capex + Investments
Operating Cash Flow
$2.51 Billion
USD
Capital Expenditures
$4.06 Billion
USD
Chevron Corp Cash Flow Reinvestment Rate (1992–2025)
Historical reinvestment intensity for Chevron Corp across 34 annual periods. Explore CVX long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Chevron Corp (1992–2025)
Year-by-year capital reinvestment analysis for Chevron Corp. For live market cap and broader valuation context, see Chevron Corp market cap and net worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.51x | $17.35 Billion | $33.94 Billion | $17.35 Billion | ▼ -36.6% |
| 2024 | 0.81x | $25.38 Billion | $31.49 Billion | $16.45 Billion | ▼ -7.6% |
| 2023 | 0.87x | $31.06 Billion | $35.61 Billion | $15.83 Billion | ▲ +79.5% |
| 2022 | 0.49x | $24.10 Billion | $49.60 Billion | $12.00 Billion | ▲ +1.3% |
| 2021 | 0.48x | $14.00 Billion | $29.20 Billion | $8.10 Billion | ▼ -50.6% |
| 2020 | 0.97x | $10.28 Billion | $10.60 Billion | $8.90 Billion | ▲ +72.6% |
| 2019 | 0.56x | $15.34 Billion | $27.30 Billion | $14.10 Billion | ▲ +24.2% |
| 2018 | 0.45x | $13.86 Billion | $30.62 Billion | $13.80 Billion | ▼ -31.5% |
| 2017 | 0.66x | $13.45 Billion | $20.34 Billion | $13.40 Billion | ▼ -56.7% |
| 2016 | 1.53x | $19.63 Billion | $12.85 Billion | $18.11 Billion | ▲ +0.6% |
| 2015 | 1.52x | $29.55 Billion | $19.46 Billion | $29.50 Billion | ▲ +34.2% |
| 2014 | 1.13x | $35.62 Billion | $31.48 Billion | $35.41 Billion | ▲ +2.8% |
| 2013 | 1.10x | $38.52 Billion | $35.00 Billion | $37.98 Billion | ▲ +37.5% |
| 2012 | 0.80x | $31.05 Billion | $38.81 Billion | $30.94 Billion | ▲ +24.0% |
| 2011 | 0.65x | $26.51 Billion | $41.10 Billion | $26.50 Billion | ▲ +0.9% |
| 2010 | 0.64x | $20.05 Billion | $31.36 Billion | $19.61 Billion | ▼ -39.7% |
| 2009 | 1.06x | $20.55 Billion | $19.37 Billion | $19.84 Billion | ▲ +59.8% |
| 2008 | 0.66x | $19.67 Billion | $29.63 Billion | $19.67 Billion | ▼ -0.6% |
| 2007 | 0.67x | $16.68 Billion | $24.98 Billion | $16.68 Billion | ▲ +17.6% |
| 2006 | 0.57x | $13.81 Billion | $24.32 Billion | $13.81 Billion | ▲ +31.2% |
| 2005 | 0.43x | $8.70 Billion | $20.11 Billion | $8.70 Billion | ▲ +0.8% |
| 2004 | 0.43x | $6.31 Billion | $14.69 Billion | $6.31 Billion | ▼ -6.0% |
| 2003 | 0.46x | $5.62 Billion | $12.31 Billion | $5.62 Billion | ▼ -40.2% |
| 2002 | 0.76x | $7.60 Billion | $9.94 Billion | $7.60 Billion | ▼ -9.9% |
| 2001 | 0.85x | $9.71 Billion | $11.46 Billion | $9.71 Billion | ▲ +49.7% |
| 2000 | 0.57x | $7.63 Billion | $13.47 Billion | $7.63 Billion | ▼ -44.2% |
| 1999 | 1.02x | $7.89 Billion | $7.77 Billion | $7.89 Billion | ▼ -2.3% |
| 1998 | 1.04x | $3.88 Billion | $3.73 Billion | $3.88 Billion | ▲ +22.2% |
| 1997 | 0.85x | $3.90 Billion | $4.58 Billion | $3.90 Billion | ▲ +44.0% |
| 1996 | 0.59x | $3.42 Billion | $5.80 Billion | $3.42 Billion | ▼ -31.8% |
| 1995 | 0.87x | $3.53 Billion | $4.08 Billion | $3.53 Billion | ▼ -26.3% |
| 1994 | 1.18x | $3.40 Billion | $2.90 Billion | $3.40 Billion | ▲ +49.3% |
| 1993 | 0.79x | $3.32 Billion | $4.22 Billion | $3.32 Billion | ▼ -8.1% |
| 1992 | 0.86x | $3.35 Billion | $3.91 Billion | $3.35 Billion | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow