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Complete financial analysis of Valero Energy Corporation (VLO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Valero Energy Corporation, a leading company in the Oil & Gas Refining & Marketing industry within the Energy sector.
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Valero Energy Corporation (VLO)
About Valero Energy Corporation
Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, and low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; and asphalts, petrochemicals, lubricants, and other refined petroleum products, as well as sells lube oils and natural gas liquids. As of December 31, 2021, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day; and 12 ethanol plants with a combined ethanol production capacity of approximately 1.6 billion gallons per year. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 144.80B | 176.38B | 113.98B | 64.91B | 108.32B | 117.03B | 93.98B | 75.66B | 87.80B | 130.84B | 138.07B | 139.25B | 125.99B | 82.23B | 68.14B | 119.11B | 95.33B | 91.83B | 82.16B | 54.62B | 37.97B | 26.98B | 14.99B | 14.67B | 7.96B | 5.54B | 5.76B | 4.99B | 3.02B | 1.84B | 1.22B | 1.23B | 1.01B | 1.17B | 941.30M | 770.60M | 628.50M | 1.88B | 2.66B |
| Cost of Revenue | 131.87B | 159.63B | 110.90B | 65.70B | 103.60B | 111.49B | 89.49B | 71.32B | 80.74B | 124.22B | 133.35B | 133.53B | 121.74B | 74.46B | 65.27B | 111.98B | 85.66B | 81.27B | 74.60B | 49.94B | 35.24B | 25.13B | 13.68B | 13.76B | 7.68B | 5.44B | 5.43B | 4.57B | 2.62B | 1.61B | 1.07B | 1.05B | 740.60M | 885.00M | 837.20M | 698.20M | 652.50M | 1.65B | 2.34B |
| Gross Profit | 12.93B | 16.75B | 3.08B | -788.00M | 4.73B | 5.54B | 4.50B | 4.34B | 7.07B | 6.63B | 4.72B | 5.72B | 4.25B | 7.78B | 2.87B | 7.13B | 9.67B | 10.57B | 7.56B | 4.68B | 2.73B | 1.85B | 1.30B | 914.54M | 276.60M | 96.90M | 329.80M | 421.00M | 402.20M | 228.30M | 155.00M | 182.20M | 271.20M | 283.90M | 104.10M | 72.40M | -24.00M | 228.00M | 324.00M |
| Gross Profit Ratio | 8.93% | 9.50% | 2.70% | -1.21% | 4.36% | 4.74% | 4.78% | 5.74% | 8.05% | 5.06% | 3.42% | 4.11% | 3.37% | 9.45% | 4.22% | 5.99% | 10.14% | 11.50% | 9.20% | 8.57% | 7.18% | 6.86% | 8.70% | 6.23% | 3.47% | 1.75% | 5.73% | 8.44% | 13.32% | 12.43% | 12.68% | 14.76% | 26.80% | 24.29% | 11.06% | 9.40% | -3.82% | 12.13% | 12.17% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 998.00M | 934.00M | 865.00M | 756.00M | 868.00M | 925.00M | 835.00M | 715.00M | 710.00M | 724.00M | 758.00M | 698.00M | 571.00M | 531.00M | 572.00M | 559.00M | 598.00M | 598.00M | 458.00M | 378.80M | 299.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 702.00M | 768.00M | 719.00M | 803.00M | 771.00M | 704.70M | 693.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 998.00M | 934.00M | 865.00M | 756.00M | 868.00M | 925.00M | 835.00M | 715.00M | 710.00M | 724.00M | 758.00M | 698.00M | 571.00M | 531.00M | 1.27B | 1.33B | 1.39B | 1.40B | 1.23B | 1.08B | 993.00M | 929.40M | 165.22M | 130.51M | 68.50M | 69.50M | 53.60M | 81.70M | 78.10M | 0.00 | 0.00 | 0.00 | 115.30M | 113.90M | 0.00 | 0.00 | 0.00 | 127.80M | 127.80M |
| Other Expenses | 33.00M | 66.00M | 87.00M | 35.00M | 21.00M | 130.00M | 76.00M | 56.00M | 46.00M | 47.00M | 59.00M | 9.00M | 43.00M | 5.37B | 2.04B | 3.23B | 2.31B | 2.38B | 1.70B | 1.06B | 962.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.03B | 1.00B | 952.00M | 791.00M | 889.00M | 970.00M | 896.00M | 715.00M | 710.00M | 724.00M | 758.00M | 698.00M | 571.00M | 5.90B | 2.70B | 6.57B | 2.75B | 2.56B | 2.10B | 1.70B | 1.50B | 1.38B | 302.96M | 303.56M | 207.50M | 148.20M | 118.80M | 220.10M | 213.40M | 102.40M | 79.50M | 48.20M | 151.90M | 149.50M | 34.40M | 33.70M | 33.30M | 285.90M | 193.80M |
| Cost & Expenses | 132.91B | 160.63B | 111.85B | 66.49B | 104.49B | 112.46B | 90.38B | 72.03B | 81.45B | 124.94B | 134.11B | 134.23B | 122.31B | 80.36B | 67.97B | 118.55B | 88.41B | 83.82B | 76.70B | 51.64B | 36.75B | 26.51B | 13.99B | 14.06B | 7.89B | 5.59B | 5.55B | 4.79B | 2.83B | 1.71B | 1.15B | 1.10B | 892.50M | 1.03B | 871.60M | 731.90M | 685.80M | 1.94B | 2.53B |
| Interest Income | 293.00M | 223.00M | 171.00M | 52.00M | 454.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 592.00M | 562.00M | 603.00M | 563.00M | 454.00M | 470.00M | 468.00M | 446.00M | 433.00M | 397.00M | 365.00M | 313.00M | 401.00M | 484.00M | 408.00M | 347.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.70B | 2.47B | 2.41B | 2.35B | 2.26B | 2.07B | 1.99B | 1.89B | 1.84B | 1.69B | 1.72B | 1.57B | 1.53B | 1.41B | 1.53B | 1.48B | 1.38B | 1.16B | 875.00M | 618.40M | 510.50M | 449.30M | 252.35M | 173.06M | 139.00M | 78.70M | 65.20M | 138.40M | 135.30M | 102.40M | 79.50M | 48.20M | 36.60M | 35.60M | 34.40M | 33.70M | 33.30M | 158.10M | 66.00M |
| EBITDA | 14.66B | 18.34B | 4.55B | 904.00M | 6.14B | 6.67B | 5.59B | 5.52B | 8.20B | 7.59B | 5.71B | 6.63B | 5.26B | 3.39B | 1.63B | 2.15B | 8.29B | 8.88B | 6.14B | 3.59B | 1.73B | 920.20M | 1.25B | 784.04M | 208.10M | 27.40M | 276.20M | 144.90M | 180.90M | 228.30M | 155.00M | 182.20M | 155.90M | 170.00M | 104.10M | 72.40M | -24.00M | 100.20M | 196.20M |
| EBITDA Ratio | 10.12% | 9.03% | 1.88% | -2.23% | 3.64% | 4.02% | 3.91% | 4.87% | 7.29% | 4.55% | 2.91% | 3.61% | 2.96% | 3.99% | 2.49% | 4.78% | 8.53% | 9.60% | 7.64% | 6.67% | 4.37% | 3.38% | 8.40% | 5.34% | 2.53% | 0.48% | 4.68% | 6.64% | 10.48% | 12.76% | 10.24% | 12.51% | 11.49% | 12.04% | 9.57% | 6.92% | -23.75% | 5.82% | 5.14% |
| Operating Income | 11.86B | 15.69B | 2.13B | -1.58B | 3.84B | 4.57B | 3.60B | 3.57B | 6.36B | 5.90B | 3.96B | 4.01B | 3.68B | 1.88B | -58.00M | 563.00M | 6.92B | 8.01B | 5.46B | 2.98B | 1.22B | 470.90M | 1.00B | 610.98M | 69.10M | -51.30M | 211.00M | 200.90M | 188.80M | 125.90M | 75.50M | 134.00M | 119.30M | 134.40M | 69.70M | 38.70M | -57.30M | -57.90M | 130.20M |
| Operating Income Ratio | 8.19% | 8.90% | 1.87% | -2.43% | 3.54% | 3.91% | 3.83% | 4.72% | 7.24% | 4.51% | 2.87% | 2.88% | 2.92% | 2.28% | -0.09% | 0.47% | 7.26% | 8.72% | 6.64% | 5.45% | 3.22% | 1.75% | 6.68% | 4.16% | 0.87% | -0.93% | 3.67% | 4.03% | 6.25% | 6.85% | 6.18% | 10.85% | 11.79% | 11.50% | 7.40% | 5.02% | -9.12% | -3.08% | 4.89% |
| Total Other Income/Expenses | -90.00M | -383.00M | -587.00M | -431.00M | -350.00M | -340.00M | -356.00M | -352.00M | -387.00M | -350.00M | 19.00M | -304.00M | -358.00M | -378.00M | -391.00M | -227.00M | -192.00M | 176.00M | 19.00M | -269.10M | -235.40M | -321.20M | -106.49M | -82.76M | -48.90M | -31.80M | -35.40M | 23.80M | -35.00M | -83.10M | -7.30M | -2.60M | 27.10M | 11.20M | -10.40M | -4.30M | 80.60M | -123.90M | -63.80M |
| Income Before Tax | 11.77B | 15.31B | 1.54B | -2.01B | 3.49B | 4.23B | 3.21B | 3.18B | 5.97B | 5.55B | 3.98B | 3.71B | 3.32B | 1.50B | -449.00M | 336.00M | 6.73B | 8.19B | 5.29B | 2.71B | 986.60M | 149.70M | 894.85M | 528.22M | 20.20M | -83.10M | 175.60M | 113.70M | 95.10M | 42.80M | 68.20M | 131.40M | 146.40M | 145.60M | 59.30M | 34.40M | 23.30M | -181.80M | 66.40M |
| Income Before Tax Ratio | 8.13% | 8.68% | 1.35% | -3.10% | 3.22% | 3.62% | 3.41% | 4.21% | 6.80% | 4.24% | 2.88% | 2.66% | 2.64% | 1.82% | -0.66% | 0.28% | 7.06% | 8.92% | 6.43% | 4.96% | 2.60% | 0.55% | 5.97% | 3.60% | 0.25% | -1.50% | 3.05% | 2.28% | 3.15% | 2.33% | 5.58% | 10.64% | 14.47% | 12.46% | 6.30% | 4.46% | 3.71% | -9.67% | 2.49% |
| Income Tax Expense | 2.62B | 3.43B | 255.00M | -903.00M | 702.00M | 879.00M | -949.00M | 765.00M | 1.87B | 1.78B | 1.25B | 1.63B | 1.23B | 575.00M | -97.00M | 1.47B | 2.16B | 2.73B | 1.70B | 906.30M | 365.10M | 58.20M | 331.30M | 189.10M | 5.90M | -35.80M | 63.80M | 41.00M | 35.30M | 15.90M | 31.80M | 47.50M | 47.70M | 50.90M | 17.80M | 3.80M | -8.60M | -81.90M | 31.70M |
| Net Income | 8.84B | 11.53B | 1.29B | -1.11B | 2.42B | 3.12B | 4.07B | 2.29B | 3.99B | 3.63B | 2.72B | 2.08B | 2.09B | 324.00M | -1.98B | -1.13B | 5.23B | 5.46B | 3.59B | 1.80B | 621.50M | 91.50M | 563.55M | 339.12M | 14.30M | -47.30M | 96.10M | 72.70M | 59.80M | 26.90M | 36.40M | 83.90M | 98.70M | 94.70M | 41.50M | 30.60M | 17.60M | -99.90M | 34.70M |
| Net Income Ratio | 6.10% | 6.54% | 1.13% | -1.71% | 2.24% | 2.67% | 4.33% | 3.03% | 4.54% | 2.77% | 1.97% | 1.50% | 1.66% | 0.39% | -2.91% | -0.95% | 5.49% | 5.95% | 4.37% | 3.30% | 1.64% | 0.34% | 3.76% | 2.31% | 0.18% | -0.85% | 1.67% | 1.46% | 1.98% | 1.46% | 2.98% | 6.80% | 9.75% | 8.10% | 4.41% | 3.97% | 2.80% | -5.31% | 1.30% |
| EPS | 24.95 | 29.08 | 3.16 | -2.72 | 5.85 | 7.33 | 9.17 | 4.94 | 8.00 | 6.88 | 4.99 | 3.77 | 3.69 | 0.57 | -3.66 | -2.16 | 9.27 | 8.94 | 6.51 | 3.51 | 1.34 | 0.21 | 2.32 | 1.45 | 0.06 | -0.21 | 0.44 | 0.35 | 0.28 | 0.05 | 0.21 | 0.49 | 0.57 | 0.58 | 0.25 | 0.14 | 0.06 | -1.00 | 0.27 |
| EPS Diluted | 24.95 | 29.00 | 3.16 | -2.72 | 5.85 | 7.29 | 9.16 | 4.94 | 7.99 | 6.85 | 4.97 | 3.75 | 3.68 | 0.57 | -3.66 | -2.16 | 8.88 | 8.64 | 6.10 | 3.27 | 1.27 | 0.21 | 2.21 | 1.40 | 0.06 | -0.21 | 0.44 | 0.35 | 0.28 | 0.05 | 0.21 | 0.49 | 0.57 | 0.58 | 0.24 | 0.14 | 0.06 | -1.00 | 0.27 |
| Weighted Avg Shares Out | 353.00M | 395.00M | 407.00M | 407.00M | 413.00M | 426.00M | 442.00M | 461.00M | 497.00M | 526.00M | 542.00M | 550.00M | 563.00M | 563.00M | 541.00M | 524.00M | 565.00M | 611.00M | 549.00M | 510.00M | 459.00M | 422.40M | 242.80M | 234.13M | 224.34M | 224.31M | 206.78M | 239.71M | 386.18M | 386.67M | 171.22M | 169.90M | 162.63M | 151.69M | 115.10M | 104.44M | 103.33M | 100.37M | 93.58M |
| Weighted Avg Shares Out (Dil) | 353.00M | 396.00M | 407.00M | 407.00M | 413.00M | 428.00M | 444.00M | 464.00M | 500.00M | 530.00M | 548.00M | 556.00M | 569.00M | 568.00M | 541.00M | 524.00M | 579.00M | 632.00M | 588.00M | 552.00M | 488.00M | 435.71M | 255.20M | 242.10M | 227.03M | 224.31M | 210.34M | 239.71M | 386.18M | 386.67M | 171.22M | 169.90M | 162.63M | 151.69M | 118.74M | 104.44M | 103.33M | 100.37M | 93.58M |
Valero Energy (VLO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Valero Energy (VLO) closed at $133.05 in the latest trading session, marking a -0.76% move from the prior day.
Valero Energy (VLO) Rises But Trails Market: What Investors Should Know
Valero Energy (VLO) closed at $139.08 in the latest trading session, marking a +0.38% move from the prior day.
Is It Worth Investing in Valero Energy (VLO) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do...
The Valero Downtrend Post Q3 Earnings Presents An Opportunity
Valero Energy Corporation's share price dropped 25% since early 2024 highs, but it continues to generate substantial cash flow, making it a valuable investment. Quarterly results showed $1.14 per share, a YoY decline due to weaker refining margins, yet the...
This Overlooked Indicator Could Hand You An Outsized 14.6% Yield
If you're like me, when you see an outsized dividend yield, you stop for a second and immediately do the mental math. How much would we get back in payouts from, say, a 9.3% payer if we were to invest...
Valero Energy Corporation (VLO) is Attracting Investor Attention: Here is What You Should Know
Valero Energy (VLO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
SAN ANTONIO--(BUSINESS WIRE)--The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on December 20, 2024 to holders of record at...
Valero Energy Corporation (VLO) Q3 2024 Earnings Call Transcript
Valero Energy Corporation (NYSE:VLO ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Homer Bhullar - VP, IR & Finance Lane Riggs - Chief Executive Officer and President Gary Simmons - Executive Vice President and...
Valero Energy's Q3 Earnings Miss on Lower Throughput Volumes
VLO???s Q3 earnings and revenues lag estimates owing to weaker refining margins and declining renewable diesel margins.
Valero Energy (VLO) Q3 Earnings and Revenues Miss Estimates
Valero Energy (VLO) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $7.49 per share a year ago.
Source: https://incomestatements.info
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