Chevron Ret. on equity
What is the Ret. on equity of Chevron?
The Ret. on equity of Chevron Corporation is 20.24%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Energy sector on EURONEXT compared to Chevron
What does Chevron do?
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Companies with ret. on equity similar to Chevron
- Microchip Technology has Ret. on equity of 20.21%
- Usha Martin has Ret. on equity of 20.21%
- Creative China has Ret. on equity of 20.22%
- Nucleus Software Exports has Ret. on equity of 20.22%
- Pioneer Distilleries has Ret. on equity of 20.23%
- Carrols Restaurant has Ret. on equity of 20.24%
- Chevron has Ret. on equity of 20.24%
- UTS Marketing Solutions has Ret. on equity of 20.24%
- DATAGROUP SE has Ret. on equity of 20.24%
- Datagroup Se has Ret. on equity of 20.24%
- Asaleo Care has Ret. on equity of 20.25%
- Kothari Sugars and Chemicals has Ret. on equity of 20.25%
- Braskem S.A has Ret. on equity of 20.25%