CVXCAUTIOUS

CVX Gross Margin Analysis

36.5%

Updated 81h ago·SEC filings & market data

Key Takeaway

Gross margin is the share of revenue left after paying direct production costs, so 28.4% means CVX keeps $0.284 of every sales dollar before other expenses.

Sector Performance

30th percentile

CVX

36.5%

Sector Median

46.6%

Sector Avg

47.6%

Prior Period

28.4%(Aug 2026)

↑ Improving

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Deep Analysis

Gross margin is the share of revenue left after paying direct production costs, so 28.4% means CVX keeps $0.284 of every sales dollar before other expenses.

That level sits far below the sector median of 44.7%, placing CVX in the 22nd percentile among peers—meaning roughly 78% of comparable companies report higher margins. Trend data is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, so no direction can be confirmed from recent history. The low margin combined with a missing trend leaves little evidence of near-term improvement, making the stock’s profitability profile a risk factor rather than a buffer. This metric directly contradicts any positive outlook and supports the overall CAUTIOUS verdict, as margin weakness limits earnings flexibility.

Frequently Asked Questions

What does the Gross Margin tell investors about CVX?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are CVX's closest peers by Gross Margin?

The closest peers by Gross Margin include: LVS (46.9%), ORLY (51.4%), MPWR (55.2%), NEM (56.0%), REI (56.0%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.