Stock Analysis on Net
Stock Analysis on Net

Chevron Corp. (NYSE:CVX)

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Chevron Corp., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Sales and other operating revenues1 ÷ Total assets1
Dec 31, 2023 0.75 = 196,913 ÷ 261,632
Dec 31, 2022 0.91 = 235,717 ÷ 257,709
Dec 31, 2021 0.65 = 155,606 ÷ 239,535
Dec 31, 2020 0.39 = 94,471 ÷ 239,790
Dec 31, 2019 0.59 = 139,865 ÷ 237,428
Dec 31, 2018 0.63 = 158,902 ÷ 253,863
Dec 31, 2017 0.53 = 134,674 ÷ 253,806
Dec 31, 2016 0.42 = 110,215 ÷ 260,078
Dec 31, 2015 0.49 = 129,925 ÷ 266,103
Dec 31, 2014 0.75 = 200,494 ÷ 266,026
Dec 31, 2013 0.87 = 220,156 ÷ 253,753
Dec 31, 2012 0.99 = 230,590 ÷ 232,982
Dec 31, 2011 1.17 = 244,371 ÷ 209,474
Dec 31, 2010 1.07 = 198,198 ÷ 184,769
Dec 31, 2009 1.02 = 167,402 ÷ 164,621
Dec 31, 2008 1.64 = 264,958 ÷ 161,165
Dec 31, 2007 1.44 = 214,091 ÷ 148,786
Dec 31, 2006 1.54 = 204,892 ÷ 132,628
Dec 31, 2005 1.54 = 193,641 ÷ 125,833

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Chevron Corp., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Chevron Corp. ConocoPhillips Exxon Mobil Corp. Marathon Petroleum Corp. Occidental Petroleum Corp. Valero Energy Corp.
Dec 31, 2023 0.75 0.59 0.89 1.73 0.38 2.30
Dec 31, 2022 0.91 0.84 1.08 1.97 0.50 2.89
Dec 31, 2021 0.65 0.51 0.82 1.41 0.35 1.97
Dec 31, 2020 0.39 0.30 0.54 0.82 0.22 1.25
Dec 31, 2019 0.59 0.46 0.70 1.26 0.19 2.01
Dec 31, 2018 0.63 0.52 0.81 1.04 0.41 2.33
Dec 31, 2017 0.53 0.40 0.68 1.52 0.30 1.87
Dec 31, 2016 0.42 0.26 0.66 1.43 0.23 1.64
Dec 31, 2015 0.49 0.30 0.77 1.67 0.29 1.98
Dec 31, 2014 0.75 0.45 1.13 3.21 0.34 2.87
Dec 31, 2013 0.87 0.46 1.21 3.53 0.35 2.92
Dec 31, 2012 0.99 0.49 1.36 3.02 0.38 3.13
Dec 31, 2011 1.17 1.60 1.41 3.05 0.40 2.94
Dec 31, 2010 1.07 1.21 1.22 — 0.36 2.19
Dec 31, 2009 1.02 0.98 1.29 — 0.35 1.91
Dec 31, 2008 1.64 1.69 2.02 — 0.58 3.46
Dec 31, 2007 1.44 1.05 1.61 — 0.51 2.23
Dec 31, 2006 1.54 1.11 1.67 — 0.55 2.43
Dec 31, 2005 1.54 1.68 1.72 — 0.58 2.51

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

Chevron Corp., total asset turnover, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
Chevron Corp. Oil, Gas & Consumable Fuels
Dec 31, 2023 0.75 0.95
Dec 31, 2022 0.91 1.17
Dec 31, 2021 0.65 0.83
Dec 31, 2020 0.39 0.52
Dec 31, 2019 0.59 0.73
Dec 31, 2018 0.63 0.82
Dec 31, 2017 0.53 0.71
Dec 31, 2016 0.42 0.62
Dec 31, 2015 0.49 0.71
Dec 31, 2014 0.75 1.04
Dec 31, 2013 0.87 1.11
Dec 31, 2012 0.99 1.20
Dec 31, 2011 1.17 1.44
Dec 31, 2010 1.07 1.17
Dec 31, 2009 1.02 1.11
Dec 31, 2008 1.64 1.82
Dec 31, 2007 1.44 1.40
Dec 31, 2006 1.54 1.47
Dec 31, 2005 1.54 1.66

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

Chevron Corp., total asset turnover, long-term trends, comparison to industry (energy)

Microsoft Excel
Chevron Corp. Energy
Dec 31, 2023 0.75 0.94
Dec 31, 2022 0.91 1.15
Dec 31, 2021 0.65 0.82
Dec 31, 2020 0.39 0.52
Dec 31, 2019 0.59 0.72
Dec 31, 2018 0.63 0.80
Dec 31, 2017 0.53 0.69
Dec 31, 2016 0.42 0.59
Dec 31, 2015 0.49 0.70
Dec 31, 2014 0.75 1.01
Dec 31, 2013 0.87 1.08
Dec 31, 2012 0.99 1.17
Dec 31, 2011 1.17 1.40
Dec 31, 2010 1.07 1.13
Dec 31, 2009 1.02 1.09
Dec 31, 2008 1.64 1.77
Dec 31, 2007 1.44 1.38
Dec 31, 2006 1.54 1.45
Dec 31, 2005 1.54 1.63

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).