Stock Analysis on Net

Chevron Corp. (NYSE:CVX)

$24.99

Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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Chevron Corp., consolidated income statement

US$ in millions

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
Income (loss) from equity affiliates
Other income (loss)
Revenues and other income
Purchased crude oil and products
Operating expenses
Selling, general and administrative expenses
Exploration expenses
Depreciation, depletion and amortization
Taxes other than on income
Operating income (loss)
Interest and debt expense
Other components of net periodic benefit costs
Income (loss) before income tax (expense) benefit
Income tax (expense) benefit
Net income (loss)
Net (income) loss attributable to noncontrolling interests
Net income (loss) attributable to Chevron Corporation

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
Sales and other operating revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Chevron Corp. sales and other operating revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Chevron Corp. operating income (loss) 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 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 increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.