Valero Energy Corporation VLO

387.18 4.32 1.13% as of 25 Sep
Market cap
$109.1B
P/E
16.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Valero Energy Corporation (VLO) Gross margin

Valero Energy Corporation's gross margin over the twelve months to 30 June 2026 was 8.03%, up 3.6 percentage points from fiscal 2025 (4.43%). Over the past ten years it has ranged from −1.14% (fiscal 2020) to 15.0% (fiscal 2015); the current reading is higher than 45% of that period. That is below the Oil & Gas Refining & Marketing industry median of 12.2% and below the Energy sector median of 49.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 4.43% 0.73
FY2024 3.70% (5.23)
FY2023 8.93% (0.59)
FY2022 9.52% 6.77
FY2021 2.75% 3.89
FY2020 −1.14% (5.55)
FY2019 4.41% (0.37)
FY2018 4.78% (0.01)
FY2017 4.79% (9.01)
FY2016 13.8% (1.18)

Quarterly

Period Gross margin Change (points)
Jun 2026 12.3% 5.96
Mar 2026 6.34% 0.07
Dec 2025 6.27% 0.76
Sep 2025 5.51% 1.33
42 more quarters

Against its own ten years

Low −1.14% High 15.0%
Ten-year median 4.78%
Current reading's percentile 45

Gross margin against peers

Company Gross margin
DINO HF Sinclair Corporation compare 20.1%
IEP Icahn Enterprises L.P. compare 14.5%
PSX Phillips 66 compare 13.1%
MPC Marathon Petroleum Corporation compare 12.5%
SUN Sunoco LP compare 11.9%
PBF PBF Energy Inc. compare 11.6%
UGP Ultrapar Participacoes S.A. compare 8.44%
VLO Valero Energy Corporation 8.03%
CVI CVR Energy Inc. compare 6.10%
Oil & Gas Refining & Marketing industry median 12.2%
Energy sector median 49.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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