Valero Energy financials
$387.72−0.47%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $122.69B | $129.88B | $144.77B | $176.38B | $113.98B | $64.91B | $108.32B | $117.03B | $93.98B | $75.66B |
| Gross profit | $5.43B | $4.80B | $12.93B | $16.80B | $5.49B | -$740.0M | $4.78B | $5.59B | $4.50B | $4.35B |
| Gross margin | 4.4% | 3.7% | 8.9% | 9.5% | 4.8% | −1.1% | 4.4% | 4.8% | 4.8% | 5.7% |
| Operating income | $3.18B | $3.75B | $11.86B | $15.69B | $2.13B | -$1.58B | $3.84B | $4.57B | $3.56B | $3.53B |
| Net income | $2.34B | $2.76B | $8.81B | $11.48B | $924.0M | -$1.43B | $2.42B | $3.11B | $4.05B | $2.28B |
| Net margin | 1.9% | 2.1% | 6.1% | 6.5% | 0.8% | −2.2% | 2.2% | 2.7% | 4.3% | 3.0% |
| Diluted EPS | $7.57 | $8.58 | $24.92 | $29.04 | $2.27 | $-3.50 | $5.84 | $7.29 | $9.16 | $4.94 |
| EBITDA | $7.47B | $6.53B | $14.56B | $18.22B | $4.54B | $772.0M | $6.09B | $6.64B | $5.55B | $5.48B |
| Operating cash flow | $5.83B | $6.68B | $9.23B | $12.57B | $5.86B | $948.0M | $5.53B | $4.37B | $5.48B | $4.82B |
| Free cash flow | $3.94B | $4.63B | $7.31B | $9.84B | $3.41B | -$865.0M | $2.76B | $3.52B | $3.51B | $2.82B |
| Diluted shares | 309.0M | 322.0M | 353.0M | 396.0M | 407.0M | 407.0M | 414.0M | 428.0M | 444.0M | 464.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.69B | $4.66B | $5.42B | $4.86B | $4.12B | $3.31B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $10.62B | $10.46B | $11.52B | $11.63B | $13.87B | $14.68B |
| Total assets | $57.99B | $60.14B | $63.06B | $60.98B | $57.89B | $51.77B |
| Total liabilities | $31.38B | $32.62B | $34.53B | $35.51B | $38.07B | $32.13B |
| Shareholders' equity | $26.61B | $27.52B | $28.52B | $25.47B | $19.82B | $19.64B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology