FY2025 · ended Dec 31, 2025 · Revenue $122.69B, -5.5% YoY · Filed Feb 25, 2026
Valero Energy CORP/TX (VLO) files with the SEC under industry code 2911, Petroleum Refining. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $122.7 billion and net income of $2.3 billion. As of Sep 30, 2026 it held $9.8 billion in cash and investments and $8.6 billion in total debt.
Revenue (TTM)
$153.33B
+24.6% vs year-ago TTM
Net income (TTM)
$12.95B
+765.9% vs year-ago TTM
Operating cash flow (TTM)
$15.96B
+229.8% vs year-ago TTM
Free cash flow
$4.63B
-36.7% vs prior year
EPS (TTM)
$43.90
+821.6% vs year-ago TTM
Dividend per share (TTM)
$4.73
+6.1% vs year-ago TTM
Shares outstanding
299.03M
-5.1% vs prior year
Net cash
$1.26B
as of Sep 30, 2026
Operating margin
11.5%
FY 2026
Company profile
- Industry
- Petroleum Refining (SIC 2911)
- Listed as
- VLO (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Antonio, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1035002
- Former names
- VALERO REFINING & MARKETING CO (until Jul 21, 1997)
Other Petroleum Refining companies
- ExxonMobil Holdings Corp XOM
- Chevron Corp CVX
- Conocophillips COP
- BP PLC BP
- Marathon Petroleum Corp MPC
- Equinor ASA EQNR
- Phillips 66 PSX
- Suncor Energy Inc SU
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $122.7B | $129.9B | $144.8B | $176.4B | $114.0B |
| Operating income | $3.2B | $3.8B | $11.9B | $15.7B | $2.1B |
| Net income | $2.3B | $2.8B | $8.8B | $11.5B | $930.0M |
| Diluted EPS | $7.57 | $8.58 | $24.92 | $29.04 | $2.27 |
| Operating cash flow | $5.8B | $6.7B | $9.2B | $12.6B | $5.9B |
| Free cash flow | — | $4.6B | $7.3B | $9.8B | $3.4B |
| Total assets | $58.0B | $60.1B | $63.1B | $61.0B | $57.9B |
| Stockholders' equity | $23.7B | $24.5B | $26.3B | $23.6B | $18.4B |
| Cash and investments | $4.7B | $4.7B | $5.4B | $4.9B | $4.1B |
| Total debt | $11.7B | $11.5B | $12.6B | $12.7B | $15.1B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Oct 30, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 22, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Sep 18, 2026 | Sep 17, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 30, 2026 | Jul 30, 2026 |
All 1000 Valero Energy CORP/TX SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.