Valero Energy revenue and financials
$419.22Change from previous close: −0.03%Absolute change: −$0.11
In the fiscal year ended December 2025, Valero Energy reported revenue of $122.69B (−5.54% year over year). Net income was $2.35B, a net margin of 1.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −5.54%
- 2025 vs 2024
- Net income growth
- −15.23%
- 2025 vs 2024
- Net margin
- 1.9%
- 2024: 2.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,826 | 6,683 | 9,229 | 12,574 | 5,859 | 948 | 5,531 | 4,371 | 5,482 | 4,820 |
| Depreciation and amortization | 63.0 | 45.0 | 43.0 | 45.0 | 47.0 | 48.0 | 53.0 | 52.0 | 52.0 | 48.0 |
| Capital expenditure | -796 | -2,057 | -1,916 | -2,737 | -2,458 | -2,436 | -2,846 | -3,376 | -1,353 | -1,278 |
| Investing cash flow | -1,845 | -1,981 | -1,865 | -2,805 | -2,159 | — | — | — | — | — |
| Financing cash flow | -4,182 | -5,049 | -6,941 | -8,849 | -2,846 | — | — | — | — | — |
| Dividends paid | -1,405 | -1,384 | -1,452 | -1,562 | -1,602 | -1,600 | -1,492 | -1,369 | -1,242 | -1,111 |
| Share repurchases | -2,598 | -2,875 | -5,136 | -4,577 | -27.0 | -156 | -777 | -1,708 | -1,372 | -1,336 |
| Debt issued | 7,574 | 7,137 | 2,420 | 3,153 | — | — | — | — | — | — |
| Debt repaid | -7,668 | -7,785 | -2,682 | -5,963 | — | — | — | — | — | — |
| Effect of exchange rates | 237 | -248 | 139 | -180 | -45.0 | — | — | — | — | — |
| Net change in cash | 36.0 | -595 | 562 | 740 | 809 | — | — | — | — | — |
| Free cash flow | 5,030 | 5,776 | 8,318 | 10,893 | 4,194 | — | — | — | — | — |
| Levered free cash flow | 3,720 | 5,078 | 6,470 | 8,911 | 4,280 | — | — | — | — | — |