Valero Energy Corporation

VLO Energy Oil & Gas Refining & Marketing

Valero Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $122.7 billion, down 5.54% from fiscal 2024.

Revenue
+43.3%
EPS
+575.1%
Free cash flow
+202.6%
Total debt
+3.97%

Quarter to September 2026, against a year earlier

352.09 13.25 −3.63%
Market cap
$98.0B
P/E
7.9×
Fwd P/E
6.9×
Dividend yield
1.34%
F-score
6/9
Altman Z
4.60
Beneish M
−2.94
Dividend safety
62/100

Valero Energy Corporation (VLO) Net margin

Alert me on Net margin

Valero Energy Corporation's net margin over the twelve months to 30 September 2026 was 8.44%, up 6.5 percentage points from fiscal 2025 (1.91%). Over the past ten years it has ranged from −2.19% (fiscal 2020) to 6.51% (fiscal 2022); the current reading is higher than 27% of that period. That is above the Oil & Gas Refining & Marketing industry median of 2.70% and in line with the Energy sector median of 8.44%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 1.91% (0.22)
FY2024 2.13% (3.95)
FY2023 6.08% (0.43)
FY2022 6.51% 5.70
FY2021 0.81% 3.00
FY2020 −2.19% (4.43)
FY2019 2.24% (0.43)
FY2018 2.67% (1.66)
FY2017 4.33% 1.30
FY2016 3.03% (1.51)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 14.8% 6.45
Jun 2026 8.36% 4.46
Mar 2026 3.90% 0.19
Dec 2025 3.71% 0.31
43 more quarters

Against its own ten years

Low −2.19% High 6.51%
Ten-year median 2.67%
Current reading's percentile 100

Net margin against peers

Company Net margin
DINO HF Sinclair Corporation compare 10.1%
VLO Valero Energy Corporation 8.44%
MPC Marathon Petroleum Corporation compare 8.37%
PSX Phillips 66 compare 7.48%
PBF PBF Energy Inc. compare 6.98%
CVI CVR Energy Inc. compare 2.70%
UGP Ultrapar Participacoes S.A. compare 2.29%
DK Delek US Holdings, Inc. compare 1.86%
SUN Sunoco LP compare 0.00%
Oil & Gas Refining & Marketing industry median 2.70%
Energy sector median 8.44%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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