CVX Rule of 40
Rule of 40 combines revenue growth and free cash flow margin in one quarterly score.
5
Q3
19
2024
Q4
0
Q1
-2
Q2
8
Q3
2
2025
Q4
-1
Q1
82
2026
Q2
40
0
Mix
Other CVX Charts
More quarter-by-quarter fundamentals for Chevron Corporation
1 / 10
Revenue
EPS
Free Cash Flow
Gross Margin
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Energy & Materials Comparison
1 / 3
XOM · Rule of 40
2025 Q3 · latest
2.0✗ Below 40
Growth −5.2%
FCF +7.3%
-2
2023
Q4
8
Q1
18
Q2
12
Q3
9
2024
Q4
11
Q1
-6
Q2
2
2025
Q3
40
0
Mix
GE · Rule of 40
2026 Q2 · latest
43.0✓ Passing
Growth +21.1%
FCF +21.9%
23
Q3
24
2024
Q4
24
Q1
39
Q2
42
Q3
31
2025
Q4
37
Q1
43
2026
Q2
40
0
Mix
GEV · Rule of 40
2026 Q2 · latest
67.9✓ Passing
Growth +21.9%
FCF +46.0%
13
Q2
19
Q3
20
2025
Q4
68
Q1
68
2026
Q2
40
0
Mix
Latest Rule of 40: +82 (2026Q2); +84 pts YoY.
Across the 8 quarters from 2024Q3 to 2026Q2, Rule of 40 ranged from −2 in 2025Q2 to +82 in 2026Q2.