Chevron Future Growth

Future criteria checks 0/6

Chevron's revenue is forecast to decline at 1.7% per annum while its annual earnings are expected to grow at 5.5% per year. EPS is expected to grow by 8.3% per annum. Return on equity is forecast to be 14.8% in 3 years.

Key information

5.5%

Earnings growth rate

8.3%

EPS growth rate

Oil and Gas earnings growth	11.1%
Revenue growth rate	-1.7%
Future return on equity	14.8%
Analyst coverage	Good
Last updated	20 Aug 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BVL:CVX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	195,925	24,707	27,367	45,043	10
12/31/2025	199,593	23,180	26,416	43,652	13
12/31/2024	198,382	20,512	19,333	35,305	11
6/30/2024	195,102	18,720	18,141	35,230	N/A
3/31/2024	192,801	20,296	18,352	35,232	N/A
12/31/2023	194,799	21,369	19,780	35,609	N/A
9/30/2023	203,200	25,463	20,370	35,673	N/A
6/30/2023	214,669	30,168	27,642	41,267	N/A
3/31/2023	233,308	35,780	35,700	48,752	N/A
12/31/2022	235,916	35,465	37,628	49,602	N/A
9/30/2022	227,692	34,167	35,817	46,562	N/A
6/30/2022	206,000	29,047	30,217	39,874	N/A
3/31/2022	175,812	20,507	24,776	33,046	N/A
12/31/2021	155,067	15,625	21,131	29,187	N/A
9/30/2021	134,196	9,905	14,450	21,967	N/A
6/30/2021	115,641	3,587	9,685	16,925	N/A
3/31/2021	95,450	-7,765	2,516	10,051	N/A
12/31/2020	94,005	-5,543	1,655	10,577	N/A
9/30/2020	96,411	-11,488	2,931	13,996	N/A
6/30/2020	107,193	-8,701	5,472	18,276	N/A
3/31/2020	127,590	3,874	12,683	26,979	N/A
12/31/2019	139,365	2,924	13,198	27,314	N/A
9/30/2019	137,768	13,264	16,911	30,808	N/A
6/30/2019	145,094	14,731	18,454	32,560	N/A
3/31/2019	149,262	13,835	16,884	30,632	N/A
12/31/2018	151,041	14,824	16,826	30,618	N/A
9/30/2018	153,071	14,205	14,118	27,560	N/A
6/30/2018	142,991	12,110	10,400	23,488	N/A
3/31/2018	133,606	10,151	N/A	21,604	N/A
12/31/2017	127,485	9,195	N/A	20,338	N/A
9/30/2017	121,423	6,499	N/A	18,108	N/A
6/30/2017	116,785	5,830	N/A	17,922	N/A
3/31/2017	111,739	2,910	N/A	15,482	N/A
12/31/2016	103,310	-497	N/A	12,690	N/A
9/30/2016	101,162	-1,500	N/A	13,540	N/A
6/30/2016	104,742	-746	N/A	13,589	N/A
3/31/2016	113,546	1,295	N/A	18,278	N/A
12/31/2015	122,566	4,587	N/A	19,456	N/A
9/30/2015	136,376	8,646	N/A	21,396	N/A
6/30/2015	155,115	12,202	N/A	24,716	N/A
3/31/2015	173,714	17,296	N/A	25,377	N/A
12/31/2014	192,308	19,241	N/A	31,475	N/A
9/30/2014	204,023	20,700	N/A	35,430	N/A
6/30/2014	208,697	20,057	N/A	37,066	N/A
3/31/2014	208,433	19,757	N/A	37,705	N/A
12/31/2013	211,664	21,423	N/A	35,002	N/A
9/30/2013	213,964	23,738	N/A	37,330	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVX's forecast earnings growth (5.5% per year) is below the savings rate (8.5%).

Earnings vs Market: CVX's earnings (5.5% per year) are forecast to grow slower than the PE market (14.7% per year).

High Growth Earnings: CVX's earnings are forecast to grow, but not significantly.

Revenue vs Market: CVX's revenue is expected to decline over the next 3 years (-1.7% per year).

High Growth Revenue: CVX's revenue is forecast to decline over the next 3 years (-1.7% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CVX's Return on Equity is forecast to be low in 3 years time (14.8%).