CHEVRON CORP (CVX) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Intersegment	287,177.0	186,079.0	113,742.0	173,241.0	191,464.0	147,531.0
Corporate	518.0	508.0	759.0	1,084.0	1,044.0	1,022.0
Downstream							94,743.0
All Other							1,142.0
Other							18,587.0
Total revenues [+]	246,252.0	162,465.0	94,692.0	146,516.0	166,339.0	141,722.0	114,472.0	138,477.0
Oil & gas								129,925.0
Other	1,950.0	1,202.0	693.0	2,683.0	1,110.0	2,610.0	1,596.0
Revenue growth [+]	51.6%	71.6%	-35.4%	-11.9%	17.4%	23.8%	-17.3%	-34.7%
Intersegment	54.3%	63.6%	-34.3%	-9.5%	29.8%
Corporate	2.0%	-33.1%	-30.0%	3.8%	2.2%
Cost of goods sold [+]	174,162.0	116,938.0	75,310.0	105,634.0	119,989.0	107,223.0	90,891.0	104,815.0
Excise and sales taxes						7,189.0	6,905.0	7,359.0
Maintenance and operations costs	24,714.0	20,726.0	20,323.0	21,385.0	20,544.0	19,127.0	19,902.0	23,034.0
Direct taxes	4,032.0	3,963.0	2,839.0	4,136.0	4,867.0	12,331.0	11,668.0	12,030.0
Oil & gas costs								69,751.0
Gross profit	72,090.0	45,527.0	19,382.0	40,882.0	46,350.0	34,499.0	23,581.0	33,662.0
Gross margin	29.3%	28.0%	20.5%	27.9%	27.9%	24.3%	20.6%	24.3%
Selling, general and administrative	4,312.0	4,014.0	4,213.0	4,143.0	3,838.0	4,110.0	4,305.0	4,443.0
Other selling, general and administrative
Equity in earnings								4,684.0
Other operating expenses [+]	2,301.0	2,661.0	3,811.0	2,783.0	3,266.0	2,126.0	1,778.0	11,892.0
Exploration expenses	974.0	549.0	1,537.0	770.0	1,210.0	864.0	1,033.0	3,340.0
EBITDA [+]	65,477.0	38,852.0	11,358.0	33,956.0	39,246.0	28,263.0	17,498.0	22,011.0
EBITDA growth	68.5%	242.1%	-66.6%	-13.5%	38.9%	61.5%	-20.5%	-49.5%
EBITDA margin	26.6%	23.9%	12.0%	23.2%	23.6%	19.9%	15.3%	15.9%
Depreciation and amortization	16,319.0	17,925.0	19,508.0	29,218.0	19,419.0	19,349.0	19,457.0	21,037.0
EBIT [+]	49,158.0	20,927.0	-8,150.0	4,738.0	19,827.0	8,914.0	-1,959.0	974.0
EBIT growth	134.9%	-356.8%	-272.0%	-76.1%	122.4%	-555.0%	-301.1%	-96.4%
EBIT margin	20.0%	12.9%	-8.6%	3.2%	11.9%	6.3%	-1.7%	0.7%
Interest expense							201.0
Interest expense							201.0
Other income (expense), net [+]	516.0	712.0	697.0	798.0	748.0	307.0		3,868.0
Other								3,868.0
Pre-tax income	49,674.0	21,639.0	-7,453.0	5,536.0	20,575.0	9,221.0	-2,160.0	4,842.0
Income taxes	14,066.0	5,950.0	-1,892.0	2,691.0	5,715.0	-48.0	-1,729.0	132.0
Tax rate	28.3%	27.5%	25.4%	48.6%	27.8%		80.0%	2.7%
Minority interest	143.0	64.0	-18.0	-79.0	36.0	74.0	66.0	123.0
Net income	35,465.0	15,625.0	-5,543.0	2,924.0	14,824.0	9,195.0	-497.0	4,587.0
Net margin	14.4%	9.6%	-5.9%	2.0%	8.9%	6.5%	-0.4%	3.3%

Basic EPS [+]	$18.37	$8.16	($2.96)	$1.55	$7.81	$4.88	($0.27)	$2.46
Growth	125.2%	-375.1%	-290.8%	-80.1%	59.9%	-1940.3%	-110.8%	-76.0%
Diluted EPS [+]	$18.28	$8.14	($2.96)	$1.54	$7.75	$4.84	($0.27)	$2.45
Growth	124.6%	-374.5%	-292.1%	-80.1%	59.9%	-1925.7%	-110.8%	-75.9%

Dividends per share [+]	$5.68	$5.31	$5.16	$4.76	$4.48	$4.32	$4.29	$4.28
Growth	7.0%	2.9%	8.4%	6.3%	3.7%	0.7%	0.2%	1.7%

Shares outstanding (basic) [+]	1,931.0	1,916.0	1,870.0	1,882.0	1,898.0	1,883.0	1,873.0	1,868.0
Growth	0.8%	2.5%	-0.6%	-0.8%	0.8%	0.5%	0.3%	-0.8%
Shares outstanding (diluted) [+]	1,940.0	1,920.0	1,870.0	1,895.0	1,914.0	1,898.0	1,873.0	1,875.0
Growth	1.0%	2.7%	-1.3%	-1.0%	0.8%	1.3%	-0.1%	-1.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.