VALERO ENERGY CORP/TX financials
Source: EDGAR filings · Built 2026-06-02T04:19:56Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | 4.38B | 7.06B | 9.66B | 3.27B | -1.57B |
| EBITDA | 3.24B | 3.80B | 11.90B | 15.73B | 2.18B | -1.53B |
| Working Capital | 9.10B | 8.24B | 9.42B | 6.67B | 4.31B | 6.56B |
| Net Debt | 7.01B | 6.88B | 7.21B | 7.86B | 11.00B | 12.53B |
| Gross Margin | 4.43% | 3.70% | 8.93% | 9.52% | 2.75% | -0.35% |
| Operating Margin | 2.59% | 2.89% | 8.19% | 8.90% | 1.87% | -2.43% |
| Net Margin | 1.91% | 2.13% | 6.10% | 6.54% | 0.82% | -2.19% |
| Return on Equity (ROE) | 9.90% | 11.30% | 33.53% | 48.93% | 5.05% | -7.56% |
| Return on Assets (ROA) | 4.05% | 4.61% | 14.01% | 18.90% | 1.61% | -2.74% |
| Current Ratio | 1.65× | 1.53× | 1.56× | 1.38× | 1.26× | 1.71× |
| Debt-to-Equity | 0.49× | 0.47× | 0.48× | 0.54× | 0.82× | 0.84× |
| Effective Tax Rate | 25.26% | 18.71% | 22.26% | 22.39% | 16.53% | 44.93% |
| Cash Conversion Ratio | 2.48× | 2.41× | 1.04× | 1.09× | 6.30× | -0.67× |
| Accruals Ratio | -0.06× | -0.07× | -0.01× | -0.02× | -0.09× | -0.05× |
| SBC % of Revenue | 0.10% | 0.08% | 0.07% | 0.06% | 0.08% | 0.12% |
| CapEx Coverage | — | 2.90× | 4.26× | 4.31× | 2.26× | 0.38× |
| Free Cash Flow Per Share | — | $13.61 | $20.01 | $24.39 | $8.02 | $-3.85 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 21.50× | 14.29× | 5.22× | 4.37× | 33.09× | — |
| P/FCF | — | 9.01× | 6.50× | 5.20× | 9.36× | — |
| FCF Yield | — | 11.10% | 15.39% | 19.22% | 10.68% | — |
| EV / EBITDA | 35.96× | 23.54× | 7.96× | 5.93× | 28.29× | — |
| P/S | 0.89× | 0.64× | 0.60× | 0.48× | 0.44× | 0.59× |
| P/B | 4.62× | 3.37× | 3.32× | 3.63× | 2.74× | 2.03× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cost of Revenue | 117.25B | 125.08B | 131.83B | 159.59B | 110.85B | 65.65B |
| Gross Profit | — | — | — | — | — | -230.00M |
| Operating Income (Loss) | 3.18B | 3.75B | 11.86B | 15.69B | 2.13B | -1.58B |
| Income Tax Expense (Benefit) | 759.00M | 692.00M | 2.62B | 3.43B | 255.00M | -903.00M |
| Net Income (Loss) Attributable to Parent | 2.35B | 2.77B | 8.84B | 11.53B | 930.00M | -1.42B |
| Earnings Per Share, Basic | $7.57 | $8.58 | $24.93 | $29.05 | $2.27 | $-3.50 |
| Weighted Average Number of Shares Outstanding, Basic | 309.00M | 322.00M | 353.00M | 395.00M | 407.00M | 407.00M |
| Earnings Per Share, Diluted | $7.57 | $8.58 | $24.92 | $29.04 | $2.27 | $-3.50 |
| Weighted Average Number of Shares Outstanding, Diluted | 309.00M | 322.00M | 353.00M | 396.00M | 407.00M | 407.00M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 4.69B | 4.66B | 5.42B | 4.86B | 4.12B | 3.31B |
| Assets, Current | 23.21B | 23.74B | 26.22B | 24.13B | 21.16B | 15.84B |
| Assets | 57.99B | 60.14B | 63.06B | 60.98B | 57.89B | 51.77B |
| Long-term Debt | 8.26B | 8.09B | 9.22B | 9.24B | 11.95B | 13.01B |
| Liabilities, Current | 14.11B | 15.49B | 16.80B | 17.46B | 16.85B | 9.28B |
| Stockholders' Equity Attributable to Parent | 23.73B | 24.51B | 26.35B | 23.56B | 18.43B | 18.80B |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 5.83B | 6.68B | 9.23B | 12.57B | 5.86B | 948.00M |
| Net Cash Provided by (Used in) Investing Activities | -1.84B | -1.98B | -1.86B | -2.81B | -2.16B | -2.42B |
| Payments for Repurchase of Common Stock | 2.60B | 2.88B | 5.14B | 4.58B | 27.00M | 156.00M |
| Net Cash Provided by (Used in) Financing Activities | -4.18B | -5.05B | -6.94B | -8.85B | -2.85B | 2.08B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | 3.16B | 1.35B | 228.00M | 451.00M |
| EBITDA | 1.74B | 1.59B | 1.52B | 1.02B | -889.00M | 359.00M |
| Working Capital | 10.17B | 9.10B | 8.78B | 9.13B | 8.45B | 8.24B |
| Net Debt | 4.73B | 7.01B | 4.92B | 5.73B | 5.68B | 6.88B |
| Gross Margin | 6.34% | 6.27% | 5.51% | 4.18% | 1.68% | 2.05% |
| Operating Margin | 5.35% | 5.19% | 4.69% | 3.34% | -2.97% | 1.13% |
| Net Margin | 3.90% | 3.73% | 3.40% | 2.39% | -1.97% | 0.91% |
| Return on Equity (ROE) | 5.29% | 4.78% | 4.61% | 2.97% | -2.53% | 1.15% |
| Return on Assets (ROA) | 2.03% | 1.96% | 1.87% | 1.20% | -1.01% | 0.47% |
| Current Ratio | 1.58× | 1.65× | 1.60× | 1.62× | 1.56× | 1.53× |
| Debt-to-Equity | 0.44× | 0.49× | 0.41× | 0.43× | 0.44× | 0.47× |
| Effective Tax Rate | 23.27% | 23.29% | 26.79% | 29.62% | 28.90% | -10.53% |
| Cash Conversion Ratio | 1.10× | 1.81× | 3.44× | 2.64× | -1.60× | 3.81× |
| Accruals Ratio | -0.00× | -0.02× | -0.05× | -0.02× | -0.03× | -0.01× |
| CapEx Coverage | — | — | 6.23× | 3.52× | 1.31× | 1.73× |
| Free Cash Flow Per Share | — | — | $10.24 | $4.33 | $0.73 | $1.40 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 18.02× | 21.45× | 35.25× | 55.09× | 46.02× | 14.39× |
| EV / EBITDA | 29.13× | 35.96× | 59.32× | 95.12× | 77.56× | 23.54× |
| P/S | 1.33× | 0.89× | 0.93× | 0.73× | 0.69× | 0.64× |
| P/B | 6.97× | 4.62× | 4.83× | 3.76× | 3.79× | 3.37× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cost of Revenue | 30.33B | 28.47B | 30.40B | 28.64B | 29.75B | 30.13B |
| Operating Income (Loss) | 1.73B | 1.57B | 1.51B | 997.00M | -900.00M | 348.00M |
| Income Tax Expense (Benefit) | 401.00M | 355.00M | 390.00M | 279.00M | -265.00M | -34.00M |
| Net Income (Loss) Attributable to Parent | 1.26B | 1.13B | 1.09B | 714.00M | -595.00M | 281.00M |
| Earnings Per Share, Basic | $4.22 | $3.68 | $3.54 | $2.28 | $-1.90 | $0.92 |
| Weighted Average Number of Shares Outstanding, Basic | 298.00M | 309.00M | 309.00M | 312.00M | 314.00M | 322.00M |
| Earnings Per Share, Diluted | $4.22 | $3.68 | $3.53 | $2.28 | $-1.90 | $0.92 |
| Weighted Average Number of Shares Outstanding, Diluted | 298.00M | 309.00M | 309.00M | 312.00M | 314.00M | 322.00M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 5.73B | 4.69B | 4.76B | 4.54B | 4.63B | 4.66B |
| Assets, Current | 27.82B | 23.21B | 23.50B | 23.80B | 23.59B | 23.74B |
| Assets | 62.14B | 57.99B | 58.62B | 59.43B | 59.18B | 60.14B |
| Long-term Debt | — | 8.26B | — | — | — | 8.09B |
| Liabilities, Current | 17.65B | 14.11B | 14.73B | 14.68B | 15.14B | 15.49B |
| Stockholders' Equity Attributable to Parent | 23.87B | 23.73B | 23.75B | 24.08B | 23.49B | 24.51B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.39B | 2.06B | 3.77B | 1.89B | 952.00M | 1.07B |
| Net Cash Provided by (Used in) Investing Activities | -400.00M | -419.00M | -1.43B | -1.05B | -635.00M | -544.00M |
| Payments for Repurchase of Common Stock | 573.00M | 1.06B | 1.53B | 612.00M | 274.00M | 259.00M |
| Net Cash Provided by (Used in) Financing Activities | 124.00M | -1.75B | -2.43B | -1.23B | -382.00M | -784.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (VLO CIK 0001035002),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.