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. Explore Chevron Corp (CVX) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore Chevron Corp (CVX) total assets for the complete picture of this company's asset base.
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 market cap of Chevron Corp.
| 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