The Business StudyHome/Compare/ExxonMobil vs Chevron
ExxonMobil vs Chevron: who makes more money?
ExxonMobil is bigger: $332 billion in revenue against $189 billion for Chevron, about 1.8 times as much. It also keeps more of each sale: $8.68 of every $100 versus $6.51. Across 4 rounds from their latest annual reports, ExxonMobil wins 3.
From each company's latest Form 10-K: ExxonMobil (year ended December 31, 2025) and Chevron (year ended December 31, 2025). Page updated November 8, 2026.
Revenue Money coming in
Net profit After every cost and tax
Kept per $100 of sales Profit margin
Growth over 5 years Revenue, first to latest year shown
How each one makes its money.
ExxonMobil finds and pumps oil and gas, refines it into fuel, and makes chemicals and specialty products.
ExxonMobil finds and pumps oil and gas, refines it into fuel, and makes chemicals and specialty products. Its 10-K does not split revenue into separate lines.
How ExxonMobil makes moneyChevronChevron finds and pumps oil and gas, and refines and sells fuel and lubricants.
Chevron finds and pumps oil and gas, and refines and sells fuel and lubricants. Its 10-K does not split revenue into separate lines.
How Chevron makes moneyQuick answers.
Who makes more money, ExxonMobil or Chevron?
ExxonMobil: $332 billion in revenue against $189 billion.
Which is more profitable, ExxonMobil or Chevron?
ExxonMobil keeps more of each dollar ($8.68 of every $100). In total profit, ExxonMobil made more: $28.8 billion.
Sources: Exxon Mobil Corporation Form 10-K and Chevron Corporation Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.