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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 42,816 | 30,656 | 28,617 | 30,341 | 28,227 | 28,754 | 29,231 | 31,337 | 33,034 | 30,372 | 33,988 | 36,936 |
| Cost of revenue | 34,991 | 26,055 | 19,188 | 27,695 | 24,538 | 26,017 | 22,015 | 29,908 | 30,911 | 27,706 | 31,435 | 32,495 |
| Gross profit | 7,825 | 4,601 | 9,429 | 2,646 | 3,689 | 2,737 | 7,216 | 1,429 | 2,123 | 2,666 | 2,553 | 4,441 |
| Selling, general and administrative | 209 | 261 | 293 | 228 | 200 | 242 | 244 | 214 | 179 | 234 | 273 | 224 |
| Operating income | 5,253 | 1,855 | 1,697 | 1,677 | 1,117 | 300 | 370 | 527 | 1,245 | 1,703 | 1,575 | 3,529 |
| EBIT | 5,253 | 1,855 | 1,697 | 1,677 | 1,117 | 300 | 370 | 527 | 1,245 | 1,703 | 1,575 | 3,529 |
| EBITDA | 5,957 | 2,595 | 2,414 | 2,313 | 1,831 | 991 | 1,068 | 1,212 | 1,941 | 2,398 | 2,265 | 4,211 |
| Interest expense | 145 | 140 | 139 | 139 | 141 | 137 | 135 | 141 | 140 | 140 | 149 | 149 |
| Pre-tax income | 5,167 | 1,723 | 1,524 | 1,456 | 942 | -917 | 323 | 489 | 1,203 | 1,683 | 1,549 | 3,476 |
| Income tax | 1,094 | 401 | 355 | 390 | 279 | -265 | -34.0 | 96.0 | 277 | 353 | 331 | 813 |
| Net income | 3,720 | 1,263 | 1,134 | 1,095 | 714 | -595 | 281 | 364 | 880 | 1,245 | 1,202 | 2,622 |
| Net income to common shareholders | 3,710 | 1,259 | 1,130 | 1,092 | 712 | -596 | 280 | 363 | 877 | 1,242 | 1,199 | 2,614 |
| Basic EPS | 12.62 | 4.22 | 3.73 | 3.53 | 2.28 | -1.90 | 0.89 | 1.14 | 2.71 | 3.75 | 3.56 | 7.49 |
| Diluted EPS | 12.62 | 4.22 | 3.71 | 3.53 | 2.28 | -1.90 | 0.89 | 1.14 | 2.71 | 3.75 | 3.50 | 7.49 |
| Average shares (basic) | 294 | 298 | 303 | 309 | 312 | 314 | 315 | 318 | 324 | 331 | 337 | 349 |
| Average shares (diluted) | 294 | 298 | 303 | 309 | 312 | 314 | 316 | 318 | 324 | 331 | 338 | 349 |
| Dividend per share | 1.20 | 1.20 | 1.13 | 1.13 | 1.13 | 1.13 | 1.07 | 1.07 | 1.07 | 1.07 | 1.02 | 1.02 |