NYSE · PETROLEUM REFINING · LARGE CAP
Valero Energy Corp. VLO
19 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
In brief
What this company does
Written from the business description in VALERO ENERGY CORP/TX's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.
Growth
USD 122.7B
Revenue, FY2025 · full 19-year series below
Revenue $B
Net income $B
FY2025 · Revenue 122.7 · Net income 2.3
Compound annual growth
−11.4%
+13.6%
−41.2%
−5.2%
+14.1%
−36.1%
−0.5%
+18.8%
+4.9%
+2.9%
+10.3%
+23.1%
−13.3%
+17.9%
+0.8%
+25.9%
3 yrs
5 yrs
10 yrs
15 yrs
Revenue compounded at +13.6% a year over five years.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
2 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2025 · Operating 2.7% · Net 1.9%
ROE
FY2025 · ROE 9.7%
Each USD of equity produced 10 cents of profit this year.
The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 122.7 | 129.9 | 144.8 | 176.4 | 114.0 | 64.9 | 108.3 | 117.0 | 94.0 | 75.7 | · | · | · | · | · | · | · | · | · |
| Operating income $B | 3.2 | 3.8 | 11.9 | 15.7 | 2.1 | −1.6 | 3.8 | 4.6 | 3.6 | 3.5 | 6.4 | 5.9 | 4.0 | 5.0 | 3.7 | 1.9 | 0.1 | 0.8 | 6.6 |
| EBITDA $B | 6.3 | 6.5 | 14.6 | 18.2 | 4.5 | 0.8 | 6.1 | 6.6 | 5.5 | 5.4 | 8.2 | 7.6 | 5.7 | 6.6 | 5.2 | 3.3 | 1.4 | 2.2 | 7.9 |
| Income tax $B | 0.8 | 0.7 | 2.6 | 3.4 | 0.3 | −0.9 | 0.7 | 0.9 | −0.9 | 0.8 | 1.9 | 1.8 | 1.3 | 1.6 | 1.2 | 0.6 | −0.0 | 1.5 | 2.1 |
| Net income $B | 2.3 | 2.8 | 8.8 | 11.5 | 0.9 | −1.4 | 2.4 | 3.1 | 4.1 | 2.3 | 4.0 | 3.6 | 2.7 | 2.1 | 2.1 | 0.3 | −2.0 | −1.1 | 5.2 |
| Free cash flow $B | · | 4.6 | 7.3 | 9.8 | 3.4 | −1.5 | 2.7 | 1.0 | 3.5 | 2.8 | 4.0 | 2.1 | 3.4 | 2.3 | 1.7 | 1.3 | −0.5 | 0.2 | 3.0 |
| EPS, diluted $ | 7.57 | 8.58 | 24.92 | 29.04 | 2.27 | −3.50 | 5.84 | 7.29 | 9.16 | 4.94 | 7.99 | 6.85 | 4.97 | 3.75 | 3.68 | 0.57 | −3.67 | −2.16 | 8.88 |
| Dividend / sh $ | 4.52 | 4.28 | 4.08 | 3.92 | 3.92 | 3.92 | 3.60 | 3.20 | 2.80 | 2.40 | 1.70 | 1.05 | 0.85 | 0.65 | 0.30 | 0.20 | 0.60 | 0.57 | 0.48 |
| Payout % | 60 | 50 | 16 | 14 | 172 | −113 | 62 | 44 | 31 | 49 | 21 | 15 | 17 | 17 | 8 | 35 | −16 | −26 | 5 |
| ROE % | 9.7 | 10.9 | 35.4 | 54.9 | 5.0 | −7.0 | 11.1 | 14.3 | 19.4 | 11.3 | 19.4 | 18.1 | 14.5 | 12.1 | 13.3 | 2.2 | −13.1 | −7.2 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Compare
This company against its peers
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Provenance
Company facts, as filed
How we verify · 0 failures in 73 reconciliationsAUDITED
Reconciled in 19 of 19 fiscal years. 12 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPetroleum Refining
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007