Stock Analysis on Net
Stock Analysis on Net

Chevron Corp. (NYSE:CVX)

Common-Size Income Statement

Chevron Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Sales and other operating revenues 100.00 100.00 100.00 100.00 100.00
Income (loss) from equity affiliates 2.61 3.64 3.64 -0.50 2.84
Other income (loss) -0.56 0.83 0.77 0.73 1.92
Revenues and other income 102.05% 104.47% 104.41% 100.23% 104.76%
Purchased crude oil and products -60.53 -61.69 -57.43 -53.44 -57.28
Operating expenses -12.64 -10.48 -13.32 -21.51 -15.29
Selling, general and administrative expenses -2.10 -1.83 -2.58 -4.46 -2.96
Exploration expenses -0.46 -0.41 -0.35 -1.63 -0.55
Depreciation, depletion and amortization -8.80 -6.92 -11.52 -20.65 -20.89
Taxes other than on income -2.14 -1.71 -4.40 -4.76 -2.96
Operating income (loss) 15.37% 21.42% 14.81% -6.22% 4.83%
Interest and debt expense -0.24 -0.22 -0.46 -0.74 -0.57
Other components of net periodic benefit costs -0.11 -0.13 -0.44 -0.93 -0.30
Income (loss) before income tax (expense) benefit 15.02% 21.07% 13.91% -7.89% 3.96%
Income tax (expense) benefit -4.15 -5.97 -3.82 2.00 -1.92
Net income (loss) 10.87% 15.11% 10.08% -5.89% 2.03%
Net (income) loss attributable to noncontrolling interests -0.02 -0.06 -0.04 0.02 0.06
Net income (loss) attributable to Chevron Corporation 10.85% 15.05% 10.04% -5.87% 2.09%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Chevron Corp. operating income (loss) as a percentage of sales and other operating revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Income (loss) before income tax (expense) benefit Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Chevron Corp. income (loss) before income tax (expense) benefit as a percentage of sales and other operating revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Net income (loss) attributable to Chevron Corporation The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Chevron Corp. net income (loss) attributable to Chevron Corporation as a percentage of sales and other operating revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.