VLO
Valero Energy Corporation
Stock
$387.61−0.11 (−0.03%)Close Sep 30, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $139.4B | $122.7B | $129.9B | $144.8B | $176.4B | $114.0B | $64.9B | $108.3B | $117.0B | $94.0B | $75.7B |
| Cost of revenue | $128.2B | $117.3B | $125.1B | $131.8B | $159.6B | $110.8B | $65.7B | $103.5B | $111.4B | $89.5B | $71.3B |
| Gross profit | $11.2B | $5.4B | $4.8B | $12.9B | $16.8B | $3.1B | −$740M | $4.8B | $5.6B | $4.5B | $4.3B |
| Operating income | $10.0B | $3.2B | $3.8B | $11.9B | $15.7B | $2.1B | −$1.6B | $3.8B | $4.6B | $3.6B | $3.5B |
| Non-operating income | −$141M | −$176M | −$57M | −$90M | −$383M | −$587M | −$431M | −$350M | −$340M | −$356M | −$352M |
| Pretax income | $9.9B | $3.0B | $3.7B | $11.8B | $15.3B | $1.5B | −$2.0B | $3.5B | $4.2B | $3.2B | $3.2B |
| Taxes | $2.7B | $657M | $928M | $2.9B | $3.8B | $613M | −$589M | $1.1B | $1.1B | −$858M | $893M |
| Net income | $7.2B | $2.3B | $2.8B | $8.8B | $11.5B | $930M | −$1.4B | $2.4B | $3.1B | $4.1B | $2.3B |
| Diluted EPS | $24.12 | $7.57 | $8.58 | $24.92 | $29.04 | $2.27 | −$3.50 | $5.84 | $7.29 | $9.16 | $4.94 |
| Diluted shares | — | 309.0M | 322.0M | 353.0M | 396.0M | 407.0M | 407.0M | 414.0M | 428.0M | 444.0M | 464.0M |
| Revenue growth | — | −5.5% | −10.3% | −17.9% | +54.8% | +75.6% | −40.1% | −7.4% | +24.5% | +24.2% | — |
| Gross margin | 8.0% | 4.4% | 3.7% | 8.9% | 9.5% | 2.7% | −1.1% | 4.4% | 4.8% | 4.8% | 5.7% |
| Operating margin | 7.2% | 2.6% | 2.9% | 8.2% | 8.9% | 1.9% | −2.4% | 3.5% | 3.9% | 3.8% | 4.7% |
| Net margin | 5.2% | 1.9% | 2.1% | 6.1% | 6.5% | 0.8% | −2.2% | 2.2% | 2.7% | 4.3% | 3.0% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.