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Chevron Corporation (CVX : NYQ)
Sector: Energy | Industry: Oil & Gas Integrated
$205.27
-0.50 (-0.24%)
MARKET CAP
$402.66B
FCF YIELD
5.45%
CURRENT PRICE
$205.27
P/E RATIO
19.76x
MODEL INPUTS
Base Year FCF (in Millions)
Intrinsic Fair Value
$166,259.67
per share
5-YEAR FREE CASH FLOW PROJECTIONS
Year Projected FCF Discount Factor (WACC) Present Value (PV)
Base (0) $21.93B - -
Year 1 $92.54B at 321.9% growth $84.90B
Year 2 $390.42B at 321.9% growth $328.61B
Year 3 $1.65T at 321.9% growth $1.27T
Year 4 $6.95T at 321.9% growth $4.92T
Year 5 $29.32T at 321.9% growth $19.06T
VALUATION ARITHMETIC
Valuation Step Value
PV of Projected FCFs (Sum Y1-Y5) $25.66T
Terminal Value (Perpetuity at 2.5%) $462.36T
PV of Terminal Value $300.50T
Enterprise Value (EV) $326.16T
Less: Total Debt -$37.08B
Add: Total Cash & Equivalents +$8.53B
Equity Value $326.14T
Divided by: Shares Outstanding 1,961,603,274.00
Intrinsic Value (Fair Value per Share) $166,259.67
FINANCIAL RATIOS & STATS
Financial Metric Value
Trailing P/E 19.76x
Forward P/E 15.55x
Price-to-Book (P/B) 2.12x
Price-to-Sales (P/S) 1.92x
Net Profit Margin (Net Income / Revenue) 9.83%
Operating Profit Margin (EBIT / Revenue) 21.87%
Return on Equity (ROE) 12.23%
Return on Assets (ROA) 5.86%
Dividend Rate $7.12
Dividend Yield 3.47%
Ex-Dividend Date 2026-08-19
Next Earnings Date 2026-07-31