Valero Energy Corporation (VLO) Financial Statements
Historical financial data — 42 statements covering FY2018–FY2025
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the Un...
Valero Energy Corporation's revenue decreased 5.5% year over year, from $129.88B to $122.69B.
Net income decreased 15.2% over the same period, from $2.77B to $2.35B.
Over the 7-year period from FY2018 to FY2025, revenue grew by 5% in total.
Total debt remained relatively stable at $10.62B.
The debt-to-equity ratio stands at 0.45, indicating a moderate leverage profile.
Operating cash flow declined 12.8% to $5.83B.
Valero Energy Corporation maintains a moderate net profit margin of 1.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $32.88B-4.7% | $364.0M | $754.0M | $507.0M | $1.29B | $60.38B | $10.81B | $25.25B |
| Q4 FY2024 | $30.76B-6.4% | $281.0M | $629.0M | $348.0M | $1.07B | $60.14B | $10.46B | $24.51B |
| Q1 FY2025 | $30.26B-1.6% | $-595.0M | $507.0M | $-900.0M | $952.0M | $59.18B | $10.85B | $23.49B |
| Q2 FY2025 | $29.89B-1.2% | $714.0M | $1.25B | $997.0M | $936.0M | $59.43B | $10.65B | $24.08B |
| Q3 FY2025 | $32.17B+7.6% | $1.09B | $1.77B | $1.51B | $1.88B | $58.62B | $10.58B | $23.75B |
| Q4 FY2025 | $30.37B-5.6% | $1.13B | $1.90B | $1.57B | $2.06B | $57.99B | $10.62B | $23.73B |
| Q1 FY2026 | $32.38B+6.6% | $1.26B | $2.05B | $1.73B | $1.39B | N/A | N/A | N/A |
| Q2 FY2026 | $44.48B+37.4% | $3.72B | $5.47B | $5.20B | $5.58B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Valero Energy Corporation (VLO) Financial Statements & Revenue History
Valero Energy Corporation (VLO) is a US-listed stock operating in the Energy sector, specifically the Petroleum Refining industry trading at $444.71 with a market capitalization of $128. This page provides 42 historical financial statements for Valero Energy Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Valero Energy Corporation reported revenue of $122.7 billion, a 5.5% decline from the prior year. The net profit margin of 1.9% suggests thin margins. The debt-to-equity ratio of 0.45 shows conservative leverage.
VLO Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Valero Energy Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether VLO is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track VLO's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Valero Energy Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of VLO's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use VLO Financial Data
Investors use Valero Energy Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare VLO's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how VLO's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View VLO's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Valero Energy Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.VLO trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.