Chevron (CVX) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter declined compared to both the prior quarter and the same quarter a year earlier. The sequential decrease was moderate, while the year-over-year change was of a similar magnitude.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter declined compared to both the prior quarter and the same quarter a year earlier. The sequential decrease was moderate, while the year-over-year change was of a similar magnitude.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$48.3B
Revenue reported for this quarter.
Quarter-over-quarter
-1.2%
Change from the immediately preceding quarter.
Year-over-year
-1.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$193.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $46.6B | -4.6% |
| Jun 30, 2024 | $49.6B | +5.0% |
| Sep 30, 2024 | $48.9B | -5.8% |
| Dec 31, 2024 | $48.3B | -1.2% |
Revenue performance
The reported revenue reflects a decline from the immediately preceding quarter, continuing the pattern seen over recent periods.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also decreased, with the year-over-year change mirroring the sequential decline.
What to watch
Monitor whether revenue stabilizes or continues to contract in the coming quarters, given the persistent downward trajectory.