Income Statement - VALERO ENERGY CORP/TX (VLO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 122,687.00 | 129,881.00 | 144,766.00 | 176,383.00 | 113,977.00 | 64,912.00 | 108,324.00 | 117,033.00 | 93,980.00 | 75,659.00 | 87,804.00 | 130,844.00 | 138,074.00 | 139,250.00 | 125,987.00 | 82,233.00 | 68,144.00 | 119,114.00 | 95,327.00 | 91,832.20 |
| Cost of revenue | 117,318.00 | 125,121.00 | 131,877.00 | 159,632.00 | 110,895.00 | 65,700.00 | 103,599.00 | 111,491.00 | 89,485.00 | 71,316.00 | 80,736.00 | 124,218.00 | 133,353.00 | 133,528.00 | 121,736.00 | 74,458.00 | 65,270.00 | 111,984.00 | 85,661.00 | 81,267.00 |
| Gross profit | 5,369.00 | 4,760.00 | 12,889.00 | 16,751.00 | 3,082.00 | -788.00 | 4,725.00 | 5,542.00 | 4,495.00 | 4,343.00 | 7,068.00 | 6,626.00 | 4,721.00 | 5,722.00 | 4,251.00 | 7,775.00 | 2,874.00 | 7,130.00 | 9,666.00 | 10,565.20 |
| Total operating expenses | 1,057.00 | 1,005.00 | 1,031.00 | 1,061.00 | 952.00 | 791.00 | 889.00 | 970.00 | 896.00 | 715.00 | 710.00 | 724.00 | 758.00 | 698.00 | 571.00 | 5,897.00 | 2,702.00 | 6,567.00 | 2,748.00 | 2,555.20 |
| Operating income | 4,312.00 | 3,755.00 | 11,858.00 | 15,690.00 | 2,130.00 | -1,579.00 | 3,836.00 | 4,572.00 | 3,599.00 | 3,572.00 | 6,358.00 | 5,902.00 | 3,963.00 | 4,010.00 | 3,680.00 | 1,876.00 | -58.00 | 563.00 | 6,918.00 | 8,010.00 |
| Non-operating income (net) | -1,307.00 | -57.00 | -90.00 | -383.00 | -587.00 | -431.00 | -350.00 | -340.00 | -392.00 | -390.00 | -387.00 | -350.00 | 19.00 | -304.00 | -358.00 | -378.00 | -391.00 | -227.00 | -192.00 | 179.00 |
| Income before tax | 3,005.00 | 3,698.00 | 11,768.00 | 15,307.00 | 1,543.00 | -2,010.00 | 3,486.00 | 4,232.00 | 3,207.00 | 3,182.00 | 5,971.00 | 5,552.00 | 3,982.00 | 3,706.00 | 3,322.00 | 1,498.00 | -449.00 | 336.00 | 6,726.00 | 8,189.00 |
| Income tax expense | 759.00 | 692.00 | 2,619.00 | 3,428.00 | 255.00 | -903.00 | 702.00 | 879.00 | -949.00 | 765.00 | 1,870.00 | 1,777.00 | 1,254.00 | 1,626.00 | 1,226.00 | 575.00 | -97.00 | 1,467.00 | 2,161.00 | 2,726.00 |
| Net income | 2,348.00 | 2,770.00 | 8,835.00 | 11,528.00 | 930.00 | -1,426.00 | 2,422.00 | 3,122.00 | 4,065.00 | 2,289.00 | 3,990.00 | 3,630.00 | 2,720.00 | 2,083.00 | 2,090.00 | 324.00 | -1,982.00 | -1,131.00 | 5,234.00 | 5,462.20 |
Show Quarterly Income Statement
Income Statement - VALERO ENERGY CORP/TX (VLO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 32,381.00 | 31,730.00 | 32,168.00 | 29,889.00 | 30,258.00 | 30,756.00 | 32,876.00 | 34,490.00 | 31,759.00 | 35,414.00 | 38,404.00 | 34,509.00 | 36,439.00 | 41,746.00 | 44,454.00 | 51,641.00 | 38,542.00 | 35,903.00 | 29,520.00 | 27,748.00 | 20,806.00 | 16,604.00 | 15,809.00 | 10,397.00 | 22,102.00 | 27,879.00 | 27,249.00 | 28,933.00 | 24,263.00 | 28,730.00 | 30,849.00 | 31,015.00 | 26,439.00 | 26,392.00 | 23,562.00 | 22,254.00 | 21,772.00 | 20,712.00 | 19,649.00 | 19,584.00 | 15,714.00 | 18,777.00 | 22,579.00 | 25,118.00 | 21,330.00 | 27,859.00 | 34,408.00 | 34,914.00 | 33,663.00 | 34,429.00 | 36,137.00 | 34,034.00 | 33,474.00 | 34,695.00 | 34,726.00 | 34,662.00 | 35,167.00 | 34,673.00 | 33,713.00 | 31,293.00 | 26,308.00 | 18,605.00 | 22,210.00 | 21,775.00 | 19,643.00 | 16,906.00 | 19,489.00 | 17,925.00 | 13,824.00 | 18,569.00 | 35,960.00 | 36,640.00 | 27,945.00 | 29,277.00 | 23,492.00 | 23,999.00 | 19,502.00 | 19,791.80 | 24,318.80 | 26,780.80 | 20,940.80 |
| Cost of revenue | 29,501.00 | 28,468.00 | 30,408.00 | 28,668.00 | 29,762.00 | 30,138.00 | 32,132.00 | 33,063.00 | 29,788.00 | 33,551.00 | 34,645.00 | 31,539.00 | 32,142.00 | 37,082.00 | 40,442.00 | 45,174.00 | 36,934.00 | 34,005.00 | 28,613.00 | 27,051.00 | 21,226.00 | 16,845.00 | 16,219.00 | 8,436.00 | 24,200.00 | 25,890.00 | 26,141.00 | 27,824.00 | 23,744.00 | 27,197.00 | 29,411.00 | 29,493.00 | 25,390.00 | 25,284.00 | 21,951.00 | 21,205.00 | 21,045.00 | 19,884.00 | 18,565.00 | 18,138.00 | 13,699.00 | 17,925.00 | 20,261.00 | 22,862.00 | 19,688.00 | 25,849.00 | 32,558.00 | 33,659.00 | 32,153.00 | 32,688.00 | 35,435.00 | 32,993.00 | 32,237.00 | 32,864.00 | 32,898.00 | 33,130.00 | 34,636.00 | 34,377.00 | 31,183.00 | 29,466.00 | 25,569.00 | 18,268.00 | 20,936.00 | 20,167.00 | 19,048.00 | 16,217.00 | 19,027.00 | 17,558.00 | 12,625.00 | 16,710.00 | 33,685.00 | 34,806.00 | 26,783.00 | 27,076.00 | 21,846.00 | 20,295.00 | 17,283.00 | 17,662.00 | 21,348.00 | 23,249.00 | 19,008.00 |
| Gross profit | 2,880.00 | 3,262.00 | 1,772.00 | 1,221.00 | 496.00 | 618.00 | 744.00 | 1,427.00 | 1,971.00 | 1,863.00 | 3,759.00 | 2,970.00 | 4,297.00 | 4,664.00 | 4,012.00 | 6,467.00 | 1,608.00 | 1,898.00 | 907.00 | 697.00 | -420.00 | -241.00 | -410.00 | 1,961.00 | -2,098.00 | 1,989.00 | 1,108.00 | 1,109.00 | 519.00 | 1,533.00 | 1,438.00 | 1,522.00 | 1,049.00 | 1,108.00 | 1,611.00 | 1,049.00 | 727.00 | 828.00 | 1,084.00 | 1,446.00 | 2,015.00 | 852.00 | 2,318.00 | 2,256.00 | 1,642.00 | 2,010.00 | 1,850.00 | 1,255.00 | 1,510.00 | 1,741.00 | 702.00 | 1,041.00 | 1,237.00 | 1,831.00 | 1,828.00 | 1,532.00 | 531.00 | 296.00 | 2,530.00 | 1,827.00 | 739.00 | 337.00 | 1,274.00 | 1,608.00 | 595.00 | 689.00 | 462.00 | 367.00 | 1,199.00 | 1,859.00 | 2,275.00 | 1,834.00 | 1,162.00 | 2,201.00 | 1,646.00 | 3,704.00 | 2,219.00 | 2,129.80 | 2,970.80 | 3,531.80 | 1,932.80 |
| Total operating expenses | 1,149.00 | 1,687.00 | 262.00 | 224.00 | 1,396.00 | 270.00 | 237.00 | 206.00 | 292.00 | 310.00 | 256.00 | 211.00 | 254.00 | 369.00 | 220.00 | 248.00 | 224.00 | 304.00 | 214.00 | 188.00 | 246.00 | 229.00 | 211.00 | 172.00 | 179.00 | 250.00 | 227.00 | 201.00 | 211.00 | 234.00 | 219.00 | 269.00 | 248.00 | 255.00 | 273.00 | 178.00 | 190.00 | 208.00 | 192.00 | 159.00 | 1,186.00 | 206.00 | 179.00 | 178.00 | 147.00 | 214.00 | 180.00 | 170.00 | 160.00 | 179.00 | 170.00 | 233.00 | 176.00 | 189.00 | 174.00 | 171.00 | 164.00 | 129.00 | 551.00 | 537.00 | 495.00 | -79.00 | 703.00 | 685.00 | 627.00 | 589.00 | 738.00 | 684.00 | 692.00 | 4,766.00 | 435.00 | 676.00 | 690.00 | 1,317.00 | 478.00 | 511.00 | 454.00 | 649.80 | 637.80 | 667.80 | 599.80 |
| Operating income | 1,731.00 | 1,575.00 | 1,509.00 | 997.00 | -900.00 | 348.00 | 507.00 | 1,221.00 | 1,679.00 | 1,553.00 | 3,503.00 | 2,759.00 | 4,043.00 | 4,295.00 | 3,792.00 | 6,219.00 | 1,384.00 | 1,594.00 | 693.00 | 509.00 | -666.00 | -470.00 | -621.00 | 1,789.00 | -2,277.00 | 1,739.00 | 881.00 | 908.00 | 308.00 | 1,299.00 | 1,219.00 | 1,253.00 | 801.00 | 853.00 | 1,338.00 | 871.00 | 537.00 | 620.00 | 892.00 | 1,231.00 | 829.00 | 646.00 | 2,139.00 | 2,078.00 | 1,495.00 | 1,796.00 | 1,670.00 | 1,085.00 | 1,350.00 | 1,562.00 | 532.00 | 808.00 | 1,061.00 | 1,584.00 | 1,309.00 | 1,361.00 | -244.00 | 167.00 | 1,979.00 | 1,290.00 | 244.00 | 416.00 | 571.00 | 921.00 | -32.00 | 445.00 | -693.00 | -317.00 | 507.00 | -2,907.00 | 1,840.00 | 1,158.00 | 472.00 | 884.00 | 1,168.00 | 3,193.00 | 1,765.00 | 1,480.00 | 2,333.00 | 2,864.00 | 1,333.00 |
| Non-operating income (net) | -8.00 | -51.00 | -53.00 | -55.00 | -17.00 | -25.00 | -18.00 | -18.00 | 4.00 | -4.00 | -27.00 | -42.00 | -17.00 | -45.00 | -64.00 | -109.00 | -165.00 | -315.00 | -120.00 | -48.00 | -104.00 | -128.00 | -95.00 | -115.00 | -93.00 | -83.00 | -77.00 | -100.00 | -90.00 | -72.00 | -69.00 | -129.00 | -70.00 | -88.00 | -97.00 | -103.00 | -104.00 | -91.00 | -103.00 | -97.00 | -99.00 | -96.00 | -109.00 | -105.00 | -77.00 | -92.00 | -87.00 | -86.00 | -85.00 | 240.00 | -85.00 | -67.00 | -69.00 | -60.00 | -72.00 | -79.00 | -93.00 | -74.00 | -87.00 | -97.00 | -100.00 | -46.00 | -101.00 | -115.00 | -116.00 | -84.00 | -121.00 | -106.00 | -80.00 | -37.00 | -45.00 | -68.00 | -77.00 | -85.00 | 22.00 | -76.00 | -54.00 | 161.00 | 106.00 | -41.00 | -47.00 |
| Income before tax | 1,723.00 | 1,524.00 | 1,456.00 | 942.00 | -917.00 | 323.00 | 489.00 | 1,203.00 | 1,683.00 | 1,549.00 | 3,476.00 | 2,717.00 | 4,026.00 | 4,250.00 | 3,728.00 | 6,110.00 | 1,219.00 | 1,279.00 | 573.00 | 461.00 | -770.00 | -598.00 | -716.00 | 1,674.00 | -2,370.00 | 1,656.00 | 804.00 | 808.00 | 218.00 | 1,227.00 | 1,150.00 | 1,124.00 | 731.00 | 765.00 | 1,241.00 | 768.00 | 433.00 | 529.00 | 789.00 | 1,134.00 | 730.00 | 550.00 | 2,030.00 | 1,973.00 | 1,418.00 | 1,704.00 | 1,583.00 | 999.00 | 1,265.00 | 1,802.00 | 447.00 | 741.00 | 992.00 | 1,524.00 | 1,237.00 | 1,282.00 | -337.00 | 93.00 | 1,892.00 | 1,193.00 | 144.00 | 370.00 | 470.00 | 806.00 | -148.00 | 361.00 | -814.00 | -423.00 | 427.00 | -2,944.00 | 1,795.00 | 1,090.00 | 395.00 | 799.00 | 1,190.00 | 3,117.00 | 1,711.00 | 1,641.00 | 2,439.00 | 2,823.00 | 1,286.00 |
| Income tax expense | 401.00 | 355.00 | 390.00 | 279.00 | -265.00 | -34.00 | 96.00 | 277.00 | 353.00 | 331.00 | 813.00 | 595.00 | 880.00 | 1,018.00 | 816.00 | 1,342.00 | 252.00 | 169.00 | 65.00 | 169.00 | -148.00 | -289.00 | -337.00 | 339.00 | -616.00 | 326.00 | 165.00 | 160.00 | 51.00 | 205.00 | 276.00 | 249.00 | 149.00 | -1,635.00 | 378.00 | 196.00 | 112.00 | 113.00 | 144.00 | 291.00 | 217.00 | 155.00 | 657.00 | 608.00 | 450.00 | 484.00 | 521.00 | 343.00 | 429.00 | 515.00 | 123.00 | 276.00 | 340.00 | 515.00 | 564.00 | 452.00 | 95.00 | 48.00 | 689.00 | 449.00 | 40.00 | 168.00 | 178.00 | 276.00 | -47.00 | 139.00 | -185.00 | -169.00 | 118.00 | 334.00 | 643.00 | 356.00 | 134.00 | 232.00 | 342.00 | 1,055.00 | 567.00 | 527.00 | 836.00 | 926.00 | 437.00 |
| Net income | 1,263.00 | 1,134.00 | 1,095.00 | 714.00 | -595.00 | 281.00 | 364.00 | 880.00 | 1,245.00 | 1,202.00 | 2,622.00 | 1,944.00 | 3,067.00 | 3,113.00 | 2,817.00 | 4,693.00 | 905.00 | 1,009.00 | 463.00 | 162.00 | -704.00 | -359.00 | -464.00 | 1,253.00 | -1,851.00 | 1,060.00 | 609.00 | 612.00 | 141.00 | 952.00 | 856.00 | 845.00 | 469.00 | 2,371.00 | 841.00 | 548.00 | 305.00 | 367.00 | 613.00 | 814.00 | 495.00 | 298.00 | 1,377.00 | 1,351.00 | 964.00 | 1,155.00 | 1,059.00 | 588.00 | 828.00 | 1,288.00 | 312.00 | 466.00 | 654.00 | 1,010.00 | 674.00 | 831.00 | -432.00 | 45.00 | 1,203.00 | 744.00 | 98.00 | -438.00 | 292.00 | 583.00 | -113.00 | -1,408.00 | -629.00 | -254.00 | 309.00 | -3,278.00 | 1,152.00 | 734.00 | 261.00 | 1,173.00 | 1,067.00 | 2,046.00 | 948.00 | 1,113.80 | 1,602.80 | 1,896.80 | 848.80 |