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Chevron shares outstanding CVX

Diluted shares outstanding, averaged over each quarter, from 2008.

Latest quarter, to Jun 30, 2026
2B
On a year earlier
+14.5%
more shares

Chevron had 2B diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 14.5% more than a year earlier, so each share owns a little less of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY20252B+12%
FY20241.8B−5%
FY20231.9B−3%
FY20221.9B−0%
FY20211.9B+1%
FY20201.9B+2%
FY20191.9B−2%
FY20181.9B+0%
FY20171.9B+1%
FY20161.9B+1%
FY20151.9B−0%
FY20141.9B−2%
FY20131.9B−2%
FY20122B−2%
FY20112B−1%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY262B+15%
Q1 FY262B+13%
Q4 FY252B+12%
Q3 FY251.9B+8%
Q2 FY251.7B−6%
Q1 FY251.8B−5%
Q4 FY241.8B−5%
Q3 FY241.8B−4%
Q2 FY241.8B−2%
Q1 FY241.8B−3%
Q4 FY231.9B−3%
Q3 FY231.9B−3%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Chevron

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.