Valero Energy Corporation

Valero Energy Corporation

372.10
EUR
-12.80
(-3.33%)
22.19EPS
11.01P/E
66.51BMarket Cap
Jan 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
254.75
248.75
176.67
164.12
212.62
274.73
262.29
159.49
280.04
446.54
410.1
403.36
397.05
463.11
Basic EPS, GAAP
5.02
6.9
8.03
4.97
9.2
7.33
5.86
-3.49
2.29
29.18
25.03
8.6
7.6
23.96
Free Cash Flow per Basic Share
10.27
8.06
11.29
10.46
12.4
9.51
13.38
2.33
14.4
31.83
26.14
20.75
18.85
36.24
Dividend per Share
0.85
1.05
1.71
2.41
2.81
3.21
3.61
3.93
3.94
3.95
4.11
4.3
4.55
4.68
Book Value per Share
36.34
40.2
43.39
44.5
50.68
51.89
53.27
46.04
45.04
63.31
79.05
77.85
79.36
86.83
Tangible Book Value per Share
36.04
39.9
43.06
44.17
50.36
50.53
51.94
44.79
43.87
62.07
77.72
76.54
78.08
86.83
Basic Weighted Avg Shares
542
526
497
461
442
426
413
407
407
395
353
322
309
301
Sales/Revenue/Turnover
138,074
130,844
87,804
75,659
93,980
117,033
108,324
64,912
113,977
176,383
144,766
129,881
122,687
139,397
Operating Margin (%)
2.87
4.51
7.24
4.74
3.79
3.91
3.54
-2.43
1.87
8.93
8.19
2.89
3.51
7.18
Depreciation Expense
1,720
1,690
1,842
1,894
1,986
2,069
2,255
2,351
2,405
2,473
2,701
2,774
3,158
3,230
Net Income, GAAP
2,720
3,630
3,990
2,289
4,065
3,122
2,422
-1,421
930
11,528
8,835
2,770
2,348
7,212
Effective Tax Rate (%)
31.54
32.01
31.32
24.04
- -
20.77
20.14
- -
16.53
22.39
22.26
18.71
25.26
22.7
Profit Margin (%)
1.97
2.77
4.54
3.03
4.33
2.67
2.24
-2.19
0.82
6.54
6.1
2.13
1.91
5.17
Working Capital
6,154
6,634
7,904
8,472
8,241
6,951
5,809
6,561
4,314
6,672
9,419
8,242
9,101
11,928
LT Debt
6,261
5,780
7,208
7,886
8,750
8,871
10,137
14,839
13,546
11,302
10,871
10,419
10,335
10,422
Total Equity
19,946
21,244
21,354
20,854
22,900
22,731
22,536
19,642
19,817
25,468
28,524
27,521
26,605
28,268
Return on Invested Capital (%)
9.78
13.71
14.53
8.88
- -
10.85
9
- -
4.83
31.49
22.14
7.33
5.91
19.16
Return on Capital (%)
11.47
14.11
14.83
8.69
- -
10.26
7.42
- -
3.05
31.76
22.64
7.44
7.41
18.73
Return on Common Equity (%)
14.51
18.09
19.37
11.29
19.35
14.3
11.14
-7
5
54.91
35.41
10.89
9.74
29.39

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,368
1,026
927
LT Borrowings
9,670
10,465
10,422
LT Finance Leases
665
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
299
297
288
Market Capitalization
49,686
75,478
75,988

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
23,210
27,825
30,670
Cash, Cash Equivalents & STI
4,688
5,733
7,874
Accounts Receivable, Net
9,207
13,410
13,928
Inventories
7,591
7,556
7,625
Total Current Liabilities
14,109
17,652
18,742
Payables & Accruals
12,600
16,626
17,815
ST Debt
1,368
1,026
927
Deferred Revenue
60
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.76%
6.91%
-3.33%
Free Cash Flow
49.28%
113.13%
-12.82%
Net Income, GAAP
69.75%
173.38%
-15.23%
Sales/Revenue/Turnover
8.4%
19.32%
-5.54%
Total Cash Common Dividend
5.67%
-2.51%
1.52%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31,759
34,490
32,876
30,756
129,881
2025
30,258
29,889
32,168
30,372
122,687
2026
32,381
44,476
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.76
2.72
1.14
0.89
8.6
2025
-1.89
2.29
3.54
3.74
7.6
2026
4.24
12.65
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.08
1.07
1.08
1.08
4.3
2025
1.13
1.13
1.14
1.14
4.55
2026
1.2
1.21
- -
- -
- -

Company Description

CEO
R. Lane Riggs
Full Time Employees
9,811
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
One Valero Way San Antonio TX United States 78249
IPO Date
Jan 2, 1980
Website
valero.com
Business
Valero Energy Corporation operates as a leading independent refiner and producer of transportation fuels and petrochemical products; it refines crude oil into gasoline, diesel, jet fuel, asphalt, propane, natural gas liquids, sulfur, naphthenic oils, solvents, aromatics, and petroleum coke at 15 refineries with a combined throughput capacity of approximately 3.2 million barrels per day; through its renewable diesel segment via the Diamond Green Diesel joint venture with Darling Ingredients, it produces about 1.2 billion gallons annually of renewable diesel and renewable naphtha at two Gulf Coast plants; its ethanol segment encompasses 12 plants with a combined capacity of 1.6 billion gallons per year. The company, founded in 1980 and headquartered in San Antonio, Texas, conducts operations across the United States, Canada, the United Kingdom, Ireland, and select markets in Mexico and Latin America, serving wholesale marketers, retailers, airlines, and industrial customers with a focus on low-carbon fuels including sustainable aviation fuel. Recent developments include the October 2024 completion of a sustainable aviation fuel production project at the Diamond Green Diesel Port Arthur plant, adding 235 million gallons per year of SAF capacity blended with conventional jet fuel to reduce emissions by 74% to 84%; strategic offtake agreements with Southwest Airlines for supply at Chicago's Midway Airport and JetBlue at New York's JFK Airport; a March 2024 partnership with Summit Carbon Solutions for carbon capture from Midwestern ethanol plants; an October 2025 amendment to its $4 billion revolving credit facility extending maturity to 2030 with potential expansion to $5.5 billion; and a planned upgrade to the crude distillation unit at its Port Arthur refinery.

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