Financials in USD. Standardized financial statements.
A compact view of how Valero Energy Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $122.69B | $129.88B | $144.77B | $176.38B | $113.98B | $64.91B | $108.32B | $117.03B | $93.98B | $75.66B |
| Revenue Growth? | -5.5% | -10.3% | -17.9% | +54.8% | +75.6% | -40.1% | -7.4% | +24.5% | +24.2% | 0.0% |
| Cost of Revenue? | $117.32B | $125.12B | $131.88B | $159.63B | $110.89B | $65.70B | $103.60B | $111.49B | $89.48B | $71.32B |
| Gross Profit? | $5.37B | $4.76B | $12.89B | $16.75B | $3.08B | -$788.00M | $4.72B | $5.54B | $4.50B | $4.34B |
| Gross Margin? | +4.4% | +3.7% | +8.9% | +9.5% | +2.7% | -1.2% | +4.4% | +4.7% | +4.8% | +5.7% |
| Operating Expenses? | $1.06B | $1.00B | $1.03B | $1.06B | $952.00M | $791.00M | $889.00M | $970.00M | $896.00M | $715.00M |
| Operating Income? | $4.31B | $3.75B | $11.86B | $15.69B | $2.13B | -$1.58B | $3.84B | $4.57B | $3.60B | $3.57B |
| EBITDA? | $6.72B | $7.03B | $14.66B | $18.34B | $4.55B | $904.00M | $6.14B | $6.67B | $5.59B | $5.51B |
| Income Before Tax | $3.00B | $3.70B | $11.77B | $15.31B | $1.54B | -$2.01B | $3.49B | $4.23B | $3.21B | $3.18B |
| Income Tax Expense | $759.00M | $692.00M | $2.62B | $3.43B | $255.00M | -$903.00M | $702.00M | $879.00M | -$949.00M | $765.00M |
| Net Income? | $2.35B | $2.77B | $8.84B | $11.53B | $930.00M | -$1.43B | $2.42B | $3.12B | $4.07B | $2.29B |
| EPS? | $7.57 | $8.58 | $24.95 | $29.08 | $2.27 | $-3.50 | $5.85 | $7.33 | $9.17 | $4.94 |
| Diluted EPS? | $7.57 | $8.58 | $24.95 | $29.00 | $2.27 | $-3.50 | $5.85 | $7.29 | $9.16 | $4.94 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality