Chevron Corporation FY2023 income statement | sankey.it

CVXFY2023

Chevron Corporation

USD, fiscal year ended 2023-12-31

Operating Expenses: R&D 0% | SG&A 2% of revenue

Revenue

$196.9B-16%

Gross margin

30.7%+2.8 pts

Operating margin

17.2%+0.2 pts

Net margin

10.9%-4.2 pts

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Revenue segments

No segment breakdown available for this filing - the flow shows revenue narrowing straight into cost and profit.

Period history

Revenue, by year

Income statement

Line	FY2023	YoY
Revenue	$196,913,000,000	-16%
Cost of revenue	$136,522,000,000	-20%
Gross profit	$60,391,000,000	-7.9%
Operating expenses	$26,601,000,000	+3.8%
Operating income	$33,790,000,000	-15%
Other income/expense, net	-$4,206,000,000	-143%
Income before tax	$29,584,000,000

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