# Chevron Corp (CVX) FY2024 Annual P&L / Income Statement

- Company: Chevron Corp (CVX)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-21, accession number 0000093410-25-000009
- Page: https://plicit.ai/financials/cvx/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/cvx-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues and Other Income**: 202,792,000,000 US dollars
- **Purchased crude oil and products**: 119,206,000,000 US dollars
- **Gross profit (calculated)**: 83,586,000,000 US dollars
- **Total operating expenses (calculated)**: 56,080,000,000 US dollars
- **Operating profit (calculated)**: 27,506,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (Loss) Before Income Tax Expense**: 27,506,000,000 US dollars
- **Income Tax Expense (Benefit)**: 9,757,000,000 US dollars
- **Net Income (Loss)**: 17,749,000,000 US dollars
- **Income (loss) from equity affiliates**: 4,596,000,000 US dollars
- **Other income (loss)**: 4,782,000,000 US dollars
- **Sales and other operating revenues**: 193,414,000,000 US dollars
- **Depreciation, depletion and amortization**: 17,282,000,000 US dollars
- **Operating expenses**: 27,464,000,000 US dollars
- **Selling, general and administrative expenses**: 4,834,000,000 US dollars
- **Exploration expenses**: 995,000,000 US dollars
- **Interest and debt expense**: 594,000,000 US dollars
- **Taxes other than on income**: 4,716,000,000 US dollars
- **Other components of net periodic benefit costs**: 195,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Chevron Corp: $17.66 B; to noncontrolling interests: $88.00 M.