Is it safe?
Can CVX take a bad year?
Chevron Corporation carries $27.5B of net debt at 0.51× EBITDA: a load its earnings can carry.
$27.5B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.51×
Net debt / EBITDA · 0.60× a year ago · the load is coming down
- Interest cover
- 21.5×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 24%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $37.1B
- Cash and short-term investments
- $9.58B
- Net debt
- $27.5B
- EBITDA, trailing twelve months
- $54.2B
- Operating profit, trailing twelve months
- $30.6B
- Debt / equity
- 0.20×
- Total debt / EBITDA
- 0.68×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −56%
- Below its 52-week high
- −4.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Integrated
Ranks #13 of 13 by Smart Score