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. In the quarter to June 2026, revenue grew 48.8%, EPS grew 453.5%, free cash flow grew 871.1% and total debt rose 6.59%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
Follow VLO
Valero Energy Corporation (VLO) Net margin
Valero Energy Corporation's net margin over the twelve months to 30 June 2026 was 5.17%, up 3.3 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 2.08% and below the Energy sector median of 7.30%.
Net margin, annual
Embed this chart
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) |
|---|---|---|
| Jun 2026 | 8.36% | 4.46 |
| Mar 2026 | 3.90% | 0.19 |
| Dec 2025 | 3.71% | 0.31 |
| Sep 2025 | 3.40% | 1.01 |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| DINO HF Sinclair Corporation compare | 6.08% |
| MPC Marathon Petroleum Corporation compare | 5.57% |
| VLO Valero Energy Corporation | 5.17% |
| PSX Phillips 66 compare | 4.66% |
| PBF PBF Energy Inc. compare | 3.94% |
| UGP Ultrapar Participacoes S.A. compare | 2.29% |
| SUN Sunoco LP compare | 1.57% |
| CVI CVR Energy Inc. compare | 0.81% |
| IEP Icahn Enterprises L.P. compare | −4.86% |
| Oil & Gas Refining & Marketing industry median | 2.08% |
| Energy sector median | 7.30% |
| Market median | 0.45% |
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
More on VLO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement