Valero Energy Corporation (VLO) — Financial statements
Income statement, balance sheet, and cash flow for Valero Energy Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 122,687↓5.5% | 129,881↓10.3% | 144,766↓17.9% | 176,383↑54.8% | 113,977 | |
| Cost of Revenue | 117,318↓6.2% | 125,121↓5.1% | 131,877↓17.4% | 159,632↑43.9% | 110,895 | |
| Gross Profit | 5,369↑12.8% | 4,760↓63.1% | 12,889↓23.1% | 16,751↑443.5% | 3,082 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,042↑8.4% | 961↓3.7% | 998↑6.9% | 934↑8.0% | 865 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,042↑8.4% | 961↓3.7% | 998↑6.9% | 934↑8.0% | 865 | |
| Other Expenses | 15↓65.9% | 44↑33.3% | 33↓74.0% | 127↑46.0% | 87 | |
| Operating Expenses | 1,057↑5.2% | 1,005↓2.5% | 1,031↓2.8% | 1,061↑11.4% | 952 | |
| Total Costs & Expenses | 118,375↓6.1% | 126,126↓5.1% | 132,908↓17.3% | 160,693↑43.7% | 111,847 | |
| Operating Results | ||||||
| Operating Income | 4,312↑14.8% | 3,755↓68.3% | 11,858↓24.4% | 15,690↑636.6% | 2,130 | |
| Depreciation & Amortization | 3,158↑13.8% | 2,774↑2.7% | 2,701↑9.2% | 2,473↑2.8% | 2,405 | |
| EBITDA | 6,719↓4.4% | 7,028↓52.1% | 14,659↓20.1% | 18,342↑303.0% | 4,551 | |
| EBIT | 3,561↓16.3% | 4,254↓64.4% | 11,958↓24.6% | 15,869↑639.5% | 2,146 | |
| Interest & Other Income | ||||||
| Net Interest Income | -556↑0.0% | -556↓86.0% | -299↑46.8% | -562↑6.8% | -603 | |
| Interest Income | 0.00 | 0.00↓100.0% | 293 | 0.00 | 0.00 | |
| Interest Expense | 556↑0.0% | 556↓6.1% | 592↑5.3% | 562↓6.8% | 603 | |
| Non-Operating Income | 751↑250.5% | -499↓399.0% | -100↑44.1% | -179↓1018.8% | -16 | |
| Other Income / Expenses | -1,307↓2193.0% | -57↑36.7% | -90↑76.5% | -383↑34.8% | -587 | |
| Income Before Tax | 3,005↓18.7% | 3,698↓68.6% | 11,768↓23.1% | 15,307↑892.0% | 1,543 | |
| Income Tax Expense | 759↑9.7% | 692↓73.6% | 2,619↓23.6% | 3,428↑1244.3% | 255 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,246↓25.3% | 3,006↓67.1% | 9,149↓23.0% | 11,879↑822.3% | 1,288 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,348↓15.2% | 2,770↓68.6% | 8,835↓23.4% | 11,528↑1139.6% | 930 | |
| Bottom-Line Net Income | 2,348↓15.0% | 2,762↓68.6% | 8,808↓23.3% | 11,485↑1143.0% | 924 | |
| EPS (Basic) | 7.57↓11.8% | 8.58↓65.6% | 24.95↓14.2% | 29.08↑1181.1% | 2.27 | |
| EPS (Diluted) | 7.57↓11.8% | 8.58↓65.6% | 24.95↓14.0% | 29.00↑1177.5% | 2.27 | |
| Weighted Average Shares | 309↓4.0% | 322↓8.8% | 353↓10.6% | 395↓2.9% | 407 | |
| Weighted Average Diluted Shares | 309↓4.0% | 322↓8.8% | 353↓10.9% | 396↓2.7% | 407 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.