Chevron EBIT margin
What is the EBIT margin of Chevron?
The EBIT margin of Chevron Corp. is 13.71%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Energy sector on NYSE compared to Chevron
What does Chevron do?
Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries.
Companies with ebit margin similar to Chevron
- Etsy Inc has EBIT margin of 13.66%
- W.W. Grainger has EBIT margin of 13.68%
- W.W. Grainger has EBIT margin of 13.68%
- Stolt-Nielsen has EBIT margin of 13.69%
- Eagle Pharmaceuticals Inc has EBIT margin of 13.69%
- Magadh Sugar & has EBIT margin of 13.69%
- Chevron has EBIT margin of 13.71%
- Getinge AB has EBIT margin of 13.71%
- Smith & Nephew plc has EBIT margin of 13.72%
- SILK Laser Australia has EBIT margin of 13.72%
- GuangDong SongYang Recycle Resources CO.,LTD has EBIT margin of 13.72%
- Robinhood Markets, Class A Common Stock has EBIT margin of 13.72%
- Conagra Brands has EBIT margin of 13.72%