Valero Energy
VLO
424.10
+4.88
+1.16%
Valero Energy
US · VLO
#184 by market cap
Listed 1970
424.10
+4.88
+1.16%
Live - 5344 symbols - heartbeat 527s ago
· 2026-10-08 09:09
Pre-market
430.00
+1.39%
After-hours
424.00
-0.02%
Overnight
428.27
+0.98%
- Market cap
- 122.11B
- P/E (TTM)i
- 17.69
- P/Bi
- 4.88
- EPSi
- 7.57
- Div yieldi
- 1.10%
- 52W posi
- 98%
Reader sentiment
Are you bullish or bearish on VLO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 6.04, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -5.54% YoY
Margins
- Gross margin
- 4.38%
- Operating margin
- 3.51%
- Net margin
- 1.91%
Key ratios & quality
- Enterprise valuei
- 128.46B
- Altman Z-Scorei
- 6.04
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 117.03B | 108.32B | 64.91B | 113.98B | 176.38B | 144.77B | 129.88B | 122.69B |
| Gross profit | 5.54B | 4.73B | -788.00M | 3.08B | 16.75B | 12.89B | 4.76B | 5.37B |
| Selling & admin expenses | 925.00M | 868.00M | 756.00M | 865.00M | 934.00M | 998.00M | 961.00M | 1.04B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 4.57B | 3.84B | -1.58B | 2.13B | 15.75B | 11.86B | 3.76B | 4.31B |
| Pretax profit | 4.23B | 3.49B | -2.01B | 1.54B | 15.31B | 11.77B | 3.70B | 3.01B |
| Tax | 879.00M | 702.00M | -903.00M | 255.00M | 3.43B | 2.62B | 692.00M | 759.00M |
| Net profit | 3.35B | 2.78B | -1.11B | 1.29B | 11.88B | 9.15B | 3.01B | 2.25B |
| Basic EPS | 7 | 6 | -4 | 2 | 29 | 25 | 9 | 8 |
| Diluted EPS | 7.29 | 5.84 | -3.50 | 2.27 | 29.04 | 24.92 | 8.58 | 7.57 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 30.26B | 29.89B | 32.17B | 30.37B | 32.38B | 44.48B |
| Gross profit | 496.00M | 1.22B | 1.76B | 1.89B | 2.04B | 5.46B |
| Selling & admin expenses | 261.00M | 220.00M | 246.00M | 315.00M | 285.00M | 233.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 231.00M | 997.00M | 1.51B | 1.58B | 1.73B | 5.20B |
| Pretax profit | -917.00M | 942.00M | 1.46B | 1.52B | 1.72B | 5.17B |
| Tax | -265.00M | 279.00M | 390.00M | 355.00M | 401.00M | 1.09B |
| Net profit | -652.00M | 663.00M | 1.07B | 1.17B | 1.32B | 4.07B |
| Basic EPS | -2 | 2 | 4 | 4 | 4 | 13 |
| Diluted EPS | -1.90 | 2.28 | 3.53 | 3.73 | 4.22 | 12.62 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 17.68B | 18.97B | 15.84B | 21.17B | 24.13B | 26.22B | 23.74B | 23.21B |
| Cash & ST investments | 2.98B | 2.58B | 3.31B | 4.12B | 4.86B | 5.42B | 4.66B | 4.69B |
| Inventory | 6.53B | 7.01B | 6.04B | 6.27B | 6.75B | 7.58B | 7.76B | 7.59B |
| Total assets | 50.16B | 53.86B | 51.77B | 57.89B | 60.98B | 63.06B | 60.14B | 57.99B |
| Total current liabilities | 10.72B | 13.16B | 9.28B | 16.85B | 17.46B | 16.80B | 15.50B | 14.11B |
| Short-term debt | 238.00M | 825.00M | 1.01B | 1.58B | 1.42B | 1.77B | 1.12B | 1.37B |
| Long-term debt | 8.87B | 9.18B | 13.95B | 12.61B | 10.53B | 10.12B | 9.72B | 9.67B |
| Total liabilities | 27,424,000,000.00 | 31,328,000,000.00 | 32,132,000,000.00 | 38,071,000,000.00 | 35,514,000,000.00 | 34,532,000,000.00 | 32,622,000,000.00 | 31,383,000,000.00 |
| Total equity | 22.73B | 22.54B | 19.64B | 19.82B | 25.47B | 28.52B | 27.52B | 26.61B |
| Retained earnings | 31.04B | 31.97B | 28.95B | 28.28B | 38.25B | 45.63B | 47.02B | 47.96B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 23.59B | 23.80B | 23.50B | 23.21B | 27.83B | 30.67B |
| Cash & ST investments | 4.63B | 4.54B | 4.76B | 4.69B | 5.73B | 7.87B |
| Inventory | 7.12B | 7.54B | 7.39B | 7.59B | 7.56B | 7.63B |
| Total assets | 59.18B | 59.43B | 58.62B | 57.99B | 62.14B | 64.66B |
| Total current liabilities | 15.14B | 14.68B | 14.73B | 14.11B | 17.65B | 18.74B |
| Short-term debt | 542.00M | 382.00M | 894.00M | 1.37B | 1.03B | 927.00M |
| Long-term debt | 10.31B | 10.27B | 9.69B | 9.67B | 10.47B | 10.42B |
| Total liabilities | 32,862,000,000.00 | 32,486,000,000.00 | 31,869,000,000.00 | 31,383,000,000.00 | 35,208,000,000.00 | 36,395,000,000.00 |
| Total equity | 26.32B | 26.95B | 26.75B | 26.61B | 26.93B | 28.27B |
| Retained earnings | 46.07B | 46.43B | 47.17B | 47.96B | 48.86B | 52.23B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.37B | 5.53B | 948.00M | 5.86B | 12.57B | 9.23B | 6.68B | 5.83B |
| Depreciation & amortization | 2.07B | 2.26B | 2.35B | 2.41B | 2.47B | 2.70B | 2.77B | 3.16B |
| Free cash flow | 2.30B | 3.54B | -840.00M | 4.19B | 10.89B | 8.32B | 5.78B | 5.03B |
| Dividends paid | -1.37B | -1.49B | -1.60B | -1.60B | -1.56B | -1.45B | -1.38B | -1.41B |
| Stock buybacks / issuance | -1.71B | -1.73B | -156.00M | -27.00M | -4.58B | -5.14B | -2.88B | -2.60B |
| Ending cash balance | 2.98B | 2.58B | 3.31B | 4.12B | 4.86B | 5.42B | 4.83B | 4.87B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 952.00M | 936.00M | 1.88B | 2.06B | 1.39B | 5.58B |
| Depreciation & amortization | 691.00M | 814.00M | 836.00M | 817.00M | 840.00M | 737.00M |
| Free cash flow | 703.00M | 786.00M | 1.70B | 1.84B | 1.23B | 5.35B |
| Dividends paid | -356.00M | -354.00M | -351.00M | -344.00M | -359.00M | -355.00M |
| Stock buybacks / issuance | -274.00M | -338.00M | -922.00M | -1.06B | -573.00M | -2.26B |
| Ending cash balance | 4.81B | 4.71B | 4.94B | 4.87B | 5.91B | 8.05B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 14.26 | 11.11 | -7.02 | 4.96 | 54.70 | 35.30 | 10.86 | 9.71 |
| ROA %i | 6.21 | 4.64 | -2.70 | 1.69 | 19.32 | 14.20 | 4.48 | 3.96 |
| ROIC %i | 11.29 | 8.74 | -3.01 | 4.19 | 33.64 | 24.02 | 8.57 | 7.71 |
| 5-year avg ROE %i | 16.45 | 15.06 | 9.78 | 8.52 | 15.60 | 19.81 | 19.76 | 23.11 |
| EBIT margin %i | 4.02 | 3.64 | -2.23 | 1.88 | 9.00 | 8.54 | 3.28 | 2.90 |
| FCF / sales %i | 1.96 | 3.26 | -- | 3.68 | 6.18 | 5.75 | 4.45 | 4.10 |
| Current ratioi | 1.65 | 1.44 | 1.71 | 1.26 | 1.38 | 1.56 | 1.53 | 1.65 |
| Quick ratioi | 0.96 | 0.88 | 1.01 | 0.86 | 0.96 | 1.07 | 0.99 | 1.03 |
| Debt / assetsi | 18.16 | 20.35 | 30.61 | 26.13 | 20.86 | 20.04 | 19.19 | 20.18 |
| LT debt / equityi | 40.94 | 46.49 | 78.93 | 73.50 | 47.97 | 41.26 | 42.51 | 43.56 |
| Interest coveragei | 10.00 | 8.68 | -2.57 | 3.56 | 28.24 | 20.88 | 7.65 | 6.40 |
| Revenue CAGR (3Y) %i | 10.05 | 12.71 | -11.60 | -0.88 | 17.65 | 30.65 | 4.45 | -11.40 |
| Net income CAGR (3Y) %i | -7.85 | 1.90 | -- | -33.21 | 68.21 | -- | 43.88 | -41.16 |
| FCF CAGR (3Y) %i | -16.81 | -0.05 | -- | 22.19 | 45.49 | -- | 11.26 | -22.71 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 3.73 | 3.07 | 6.08 | 9.71 | 17.72 | 29.31 |
| ROA %i | 1.52 | 1.24 | 2.51 | 3.96 | 6.92 | 11.59 |
| ROIC %i | 4.04 | 3.56 | 5.48 | 7.71 | 13.24 | 21.47 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 1.29 | 1.12 | 1.91 | 2.90 | 4.97 | 7.48 |
| FCF / sales %i | 3.76 | 2.70 | 3.22 | 4.10 | 4.45 | 7.26 |
| Current ratioi | 1.56 | 1.62 | 1.60 | 1.65 | 1.58 | 1.64 |
| Quick ratioi | 1.05 | 1.06 | 1.02 | 1.03 | 1.08 | 1.16 |
| Debt / assetsi | 18.34 | 17.91 | 18.05 | 20.18 | 18.49 | 17.55 |
| LT debt / equityi | 43.90 | 42.63 | 40.78 | 43.56 | 43.84 | 41.69 |
| Interest coveragei | 2.99 | 2.51 | 4.27 | 6.40 | 11.10 | 18.53 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Refining is the largest reported line at 95.11% of revenue, across 4 reported segments.
- The next-largest line, Renewable diesel, is a distant second at 6.03% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Refining95.11%
Renewable diesel6.03%
Ethanol2.95%
Quote time 2026-10-08 09:09:37 · For reference only, not investment advice and not tailored to your situation.