Chevron Corporation EV/EBITDA
Data as of June 01, 2026
EV/EBITDA
10.73
Enterprise Value
$406.56B
EBITDA (TTM)
$37.91B
Sector
Energy
How It's Calculated
10.73 = $406.56B ÷ $37.91B
What This Means
Chevron Corporation's EV/EBITDA of 10.7 is in a moderate range for Energy.
About Chevron Corporation
Chevron Corporation (CVX) operates in the Energy sector, specifically in Oil & Gas Integrated. With a market capitalization of about $363.39B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $182.46, within a 52-week range of $136.43 to $214.71 (-15.0% from the high, +33.7% from the low). Beta of 0.50 indicates relatively lower volatility versus the market.
Trailing profit margin is about 5.9%, signaling modest profitability that investors should weigh against growth plans.
Understanding This Metric
EV/EBITDA is widely used when comparing companies with different debt loads because enterprise value includes net debt while EBITDA approximates operating cash earnings power. For Chevron Corporation, the ratio should be read with growth, capex needs, and cycle position in Energy. Pair EV/EBITDA with free cash flow yield and net debt metrics before drawing conclusions — especially when EBITDA is depressed or boosted by one-time items.
Using This Number in Practice
Near 10.73x EV/EBITDA, Chevron Corporation (CVX) carries a mid-range EV/EBITDA multiple that investors often stack-rank within the sector. Enterprise value of about $406.56B and EBITDA near $37.91B form the ratio — adjust for one-time items before treating the headline multiple as comparable.
Credit and LBO workflows often sort names on EV/EBITDA before drilling into free cash flow and maintenance capex. Pair this view with the EV/EBITDA calculator and the CVX metrics hub for related valuation pages.
Sector Comparison
Among Energy names on our S&P 100 coverage, Chevron Corporation's EV/EBITDA of 10.73 can be compared with peers such as XOM (11.57), COP (6.67), SLB (12.10). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Energy stocks.
Key Takeaways
- CVX is grouped in the Energy sector for peer comparisons.
- Recent beta of 0.50 suggests lower-than-market price sensitivity.
- Trailing profit margin of 5.9% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for CVX.
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Frequently Asked Questions
What is CVX's EV/EBITDA?
EV/EBITDA compares enterprise value to operating earnings before interest, taxes, depreciation, and amortization. Chevron Corporation's ratio is about 10.73 — common for comparing leveraged companies in Energy.
Is 10.73 high or low vs peers?
Among Energy peers (e.g. KMI (13.79), SLB (12.10), XOM (11.57)), CVX's 10.73 should be read with growth, capex, and debt levels.
When is EV/EBITDA misleading?
EBITDA ignores capex, working capital, and stock-based comp; negative or tiny EBITDA makes the ratio meaningless. Cross-check with free cash flow and net debt.
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