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 | 122.69 | 129.88 | 144.77 | 176.38 | 113.98 | 64.91 | 108.32 | 117.03 | 93.98 | 75.66 | 87.80 | 130.84 | 138.07 | 139.25 | 125.99 | 82.23 | 68.14 | 119.11 | 95.33 | 91.83 |
| Cost of revenue | 117.32 | 125.12 | 131.88 | 159.63 | 110.90 | 65.70 | 103.60 | 111.49 | 89.49 | 71.32 | 80.74 | 124.22 | 133.35 | 133.53 | 121.74 | 74.46 | 65.27 | 111.98 | 85.66 | 81.27 |
| Gross profit | 5.37 | 4.76 | 12.89 | 16.75 | 3.08 | -0.79 | 4.73 | 5.54 | 4.50 | 4.34 | 7.07 | 6.63 | 4.72 | 5.72 | 4.25 | 7.78 | 2.87 | 7.13 | 9.67 | 10.57 |
| Total operating expenses | 1.06 | 1.01 | 1.03 | 1.06 | 0.95 | 0.79 | 0.89 | 0.97 | 0.90 | 0.72 | 0.71 | 0.72 | 0.76 | 0.70 | 0.57 | 5.90 | 2.70 | 6.57 | 2.75 | 2.56 |
| Operating income | 4.31 | 3.76 | 11.86 | 15.69 | 2.13 | -1.58 | 3.84 | 4.57 | 3.60 | 3.57 | 6.36 | 5.90 | 3.96 | 4.01 | 3.68 | 1.88 | -0.06 | 0.56 | 6.92 | 8.01 |
| Non-operating income (net) | -1.31 | -0.06 | -0.09 | -0.38 | -0.59 | -0.43 | -0.35 | -0.34 | -0.39 | -0.39 | -0.39 | -0.35 | 0.02 | -0.30 | -0.36 | -0.38 | -0.39 | -0.23 | -0.19 | 0.18 |
| Income before tax | 3.01 | 3.70 | 11.77 | 15.31 | 1.54 | -2.01 | 3.49 | 4.23 | 3.21 | 3.18 | 5.97 | 5.55 | 3.98 | 3.71 | 3.32 | 1.50 | -0.45 | 0.34 | 6.73 | 8.19 |
| Income tax expense | 0.76 | 0.69 | 2.62 | 3.43 | 0.26 | -0.90 | 0.70 | 0.88 | -0.95 | 0.77 | 1.87 | 1.78 | 1.25 | 1.63 | 1.23 | 0.58 | -0.10 | 1.47 | 2.16 | 2.73 |
| Net income | 2.35 | 2.77 | 8.84 | 11.53 | 0.93 | -1.43 | 2.42 | 3.12 | 4.07 | 2.29 | 3.99 | 3.63 | 2.72 | 2.08 | 2.09 | 0.32 | -1.98 | -1.13 | 5.23 | 5.46 |
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 | 32.38 | 31.73 | 32.17 | 29.89 | 30.26 | 30.76 | 32.88 | 34.49 | 31.76 | 35.41 | 38.40 | 34.51 | 36.44 | 41.75 | 44.45 | 51.64 | 38.54 | 35.90 | 29.52 | 27.75 | 20.81 | 16.60 | 15.81 | 10.40 | 22.10 | 27.88 | 27.25 | 28.93 | 24.26 | 28.73 | 30.85 | 31.02 | 26.44 | 26.39 | 23.56 | 22.25 | 21.77 | 20.71 | 19.65 | 19.58 | 15.71 | 18.78 | 22.58 | 25.12 | 21.33 | 27.86 | 34.41 | 34.91 | 33.66 | 34.43 | 36.14 | 34.03 | 33.47 | 34.70 | 34.73 | 34.66 | 35.17 | 34.67 | 33.71 | 31.29 | 26.31 | 18.61 | 22.21 | 21.78 | 19.64 | 16.91 | 19.49 | 17.93 | 13.82 | 18.57 | 35.96 | 36.64 | 27.95 | 29.28 | 23.49 | 24.00 | 19.50 | 19.79 | 24.32 | 26.78 | 20.94 |
| Cost of revenue | 29.50 | 28.47 | 30.41 | 28.67 | 29.76 | 30.14 | 32.13 | 33.06 | 29.79 | 33.55 | 34.65 | 31.54 | 32.14 | 37.08 | 40.44 | 45.17 | 36.93 | 34.01 | 28.61 | 27.05 | 21.23 | 16.85 | 16.22 | 8.44 | 24.20 | 25.89 | 26.14 | 27.82 | 23.74 | 27.20 | 29.41 | 29.49 | 25.39 | 25.28 | 21.95 | 21.21 | 21.05 | 19.88 | 18.57 | 18.14 | 13.70 | 17.93 | 20.26 | 22.86 | 19.69 | 25.85 | 32.56 | 33.66 | 32.15 | 32.69 | 35.44 | 32.99 | 32.24 | 32.86 | 32.90 | 33.13 | 34.64 | 34.38 | 31.18 | 29.47 | 25.57 | 18.27 | 20.94 | 20.17 | 19.05 | 16.22 | 19.03 | 17.56 | 12.63 | 16.71 | 33.69 | 34.81 | 26.78 | 27.08 | 21.85 | 20.30 | 17.28 | 17.66 | 21.35 | 23.25 | 19.01 |
| Gross profit | 2.88 | 3.26 | 1.77 | 1.22 | 0.50 | 0.62 | 0.74 | 1.43 | 1.97 | 1.86 | 3.76 | 2.97 | 4.30 | 4.66 | 4.01 | 6.47 | 1.61 | 1.90 | 0.91 | 0.70 | -0.42 | -0.24 | -0.41 | 1.96 | -2.10 | 1.99 | 1.11 | 1.11 | 0.52 | 1.53 | 1.44 | 1.52 | 1.05 | 1.11 | 1.61 | 1.05 | 0.73 | 0.83 | 1.08 | 1.45 | 2.02 | 0.85 | 2.32 | 2.26 | 1.64 | 2.01 | 1.85 | 1.26 | 1.51 | 1.74 | 0.70 | 1.04 | 1.24 | 1.83 | 1.83 | 1.53 | 0.53 | 0.30 | 2.53 | 1.83 | 0.74 | 0.34 | 1.27 | 1.61 | 0.60 | 0.69 | 0.46 | 0.37 | 1.20 | 1.86 | 2.28 | 1.83 | 1.16 | 2.20 | 1.65 | 3.70 | 2.22 | 2.13 | 2.97 | 3.53 | 1.93 |
| Total operating expenses | 1.15 | 1.69 | 0.26 | 0.22 | 1.40 | 0.27 | 0.24 | 0.21 | 0.29 | 0.31 | 0.26 | 0.21 | 0.25 | 0.37 | 0.22 | 0.25 | 0.22 | 0.30 | 0.21 | 0.19 | 0.25 | 0.23 | 0.21 | 0.17 | 0.18 | 0.25 | 0.23 | 0.20 | 0.21 | 0.23 | 0.22 | 0.27 | 0.25 | 0.26 | 0.27 | 0.18 | 0.19 | 0.21 | 0.19 | 0.16 | 1.19 | 0.21 | 0.18 | 0.18 | 0.15 | 0.21 | 0.18 | 0.17 | 0.16 | 0.18 | 0.17 | 0.23 | 0.18 | 0.19 | 0.17 | 0.17 | 0.16 | 0.13 | 0.55 | 0.54 | 0.50 | -0.08 | 0.70 | 0.69 | 0.63 | 0.59 | 0.74 | 0.68 | 0.69 | 4.77 | 0.44 | 0.68 | 0.69 | 1.32 | 0.48 | 0.51 | 0.45 | 0.65 | 0.64 | 0.67 | 0.60 |
| Operating income | 1.73 | 1.58 | 1.51 | 1.00 | -0.90 | 0.35 | 0.51 | 1.22 | 1.68 | 1.55 | 3.50 | 2.76 | 4.04 | 4.30 | 3.79 | 6.22 | 1.38 | 1.59 | 0.69 | 0.51 | -0.67 | -0.47 | -0.62 | 1.79 | -2.28 | 1.74 | 0.88 | 0.91 | 0.31 | 1.30 | 1.22 | 1.25 | 0.80 | 0.85 | 1.34 | 0.87 | 0.54 | 0.62 | 0.89 | 1.23 | 0.83 | 0.65 | 2.14 | 2.08 | 1.50 | 1.80 | 1.67 | 1.09 | 1.35 | 1.56 | 0.53 | 0.81 | 1.06 | 1.58 | 1.31 | 1.36 | -0.24 | 0.17 | 1.98 | 1.29 | 0.24 | 0.42 | 0.57 | 0.92 | -0.03 | 0.45 | -0.69 | -0.32 | 0.51 | -2.91 | 1.84 | 1.16 | 0.47 | 0.88 | 1.17 | 3.19 | 1.77 | 1.48 | 2.33 | 2.86 | 1.33 |
| Non-operating income (net) | -0.01 | -0.05 | -0.05 | -0.06 | -0.02 | -0.03 | -0.02 | -0.02 | 0.00 | 0.00 | -0.03 | -0.04 | -0.02 | -0.05 | -0.06 | -0.11 | -0.17 | -0.32 | -0.12 | -0.05 | -0.10 | -0.13 | -0.10 | -0.12 | -0.09 | -0.08 | -0.08 | -0.10 | -0.09 | -0.07 | -0.07 | -0.13 | -0.07 | -0.09 | -0.10 | -0.10 | -0.10 | -0.09 | -0.10 | -0.10 | -0.10 | -0.10 | -0.11 | -0.11 | -0.08 | -0.09 | -0.09 | -0.09 | -0.09 | 0.24 | -0.09 | -0.07 | -0.07 | -0.06 | -0.07 | -0.08 | -0.09 | -0.07 | -0.09 | -0.10 | -0.10 | -0.05 | -0.10 | -0.12 | -0.12 | -0.08 | -0.12 | -0.11 | -0.08 | -0.04 | -0.05 | -0.07 | -0.08 | -0.09 | 0.02 | -0.08 | -0.05 | 0.16 | 0.11 | -0.04 | -0.05 |
| Income before tax | 1.72 | 1.52 | 1.46 | 0.94 | -0.92 | 0.32 | 0.49 | 1.20 | 1.68 | 1.55 | 3.48 | 2.72 | 4.03 | 4.25 | 3.73 | 6.11 | 1.22 | 1.28 | 0.57 | 0.46 | -0.77 | -0.60 | -0.72 | 1.67 | -2.37 | 1.66 | 0.80 | 0.81 | 0.22 | 1.23 | 1.15 | 1.12 | 0.73 | 0.77 | 1.24 | 0.77 | 0.43 | 0.53 | 0.79 | 1.13 | 0.73 | 0.55 | 2.03 | 1.97 | 1.42 | 1.70 | 1.58 | 1.00 | 1.27 | 1.80 | 0.45 | 0.74 | 0.99 | 1.52 | 1.24 | 1.28 | -0.34 | 0.09 | 1.89 | 1.19 | 0.14 | 0.37 | 0.47 | 0.81 | -0.15 | 0.36 | -0.81 | -0.42 | 0.43 | -2.94 | 1.80 | 1.09 | 0.40 | 0.80 | 1.19 | 3.12 | 1.71 | 1.64 | 2.44 | 2.82 | 1.29 |
| Income tax expense | 0.40 | 0.36 | 0.39 | 0.28 | -0.27 | -0.03 | 0.10 | 0.28 | 0.35 | 0.33 | 0.81 | 0.60 | 0.88 | 1.02 | 0.82 | 1.34 | 0.25 | 0.17 | 0.07 | 0.17 | -0.15 | -0.29 | -0.34 | 0.34 | -0.62 | 0.33 | 0.17 | 0.16 | 0.05 | 0.21 | 0.28 | 0.25 | 0.15 | -1.64 | 0.38 | 0.20 | 0.11 | 0.11 | 0.14 | 0.29 | 0.22 | 0.16 | 0.66 | 0.61 | 0.45 | 0.48 | 0.52 | 0.34 | 0.43 | 0.52 | 0.12 | 0.28 | 0.34 | 0.52 | 0.56 | 0.45 | 0.10 | 0.05 | 0.69 | 0.45 | 0.04 | 0.17 | 0.18 | 0.28 | -0.05 | 0.14 | -0.19 | -0.17 | 0.12 | 0.33 | 0.64 | 0.36 | 0.13 | 0.23 | 0.34 | 1.06 | 0.57 | 0.53 | 0.84 | 0.93 | 0.44 |
| Net income | 1.26 | 1.13 | 1.10 | 0.71 | -0.60 | 0.28 | 0.36 | 0.88 | 1.25 | 1.20 | 2.62 | 1.94 | 3.07 | 3.11 | 2.82 | 4.69 | 0.91 | 1.01 | 0.46 | 0.16 | -0.70 | -0.36 | -0.46 | 1.25 | -1.85 | 1.06 | 0.61 | 0.61 | 0.14 | 0.95 | 0.86 | 0.85 | 0.47 | 2.37 | 0.84 | 0.55 | 0.31 | 0.37 | 0.61 | 0.81 | 0.50 | 0.30 | 1.38 | 1.35 | 0.96 | 1.16 | 1.06 | 0.59 | 0.83 | 1.29 | 0.31 | 0.47 | 0.65 | 1.01 | 0.67 | 0.83 | -0.43 | 0.05 | 1.20 | 0.74 | 0.10 | -0.44 | 0.29 | 0.58 | -0.11 | -1.41 | -0.63 | -0.25 | 0.31 | -3.28 | 1.15 | 0.73 | 0.26 | 1.17 | 1.07 | 2.05 | 0.95 | 1.11 | 1.60 | 1.90 | 0.85 |