Valero Energy (VLO)
Refiner and fuel marketer with renewable diesel and ethanol operations.
$382.49
vs last close+5.35 (+1.42%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38,404 | 35,414 | 31,759 | 34,490 | 32,876 | 30,756 | 30,258 | 29,889 | 32,168 | 31,730 | 32,381 | 36,649 |
| Cost of revenue | 34,645 | 33,551 | 29,788 | 33,063 | 32,132 | 30,138 | 29,762 | 28,668 | 30,408 | 28,468 | 29,501 | 29,501 |
| Gross profit | 3,759 | 1,863 | 1,971 | 1,427 | 744 | 618 | 496 | 1,221 | 1,772 | 3,262 | 2,880 | 7,148 |
| 256 | 310 | 292 | 206 | 237 | 270 | 1,396 | 224 | 262 | 1,687 | 1,149 | 1,952 | |
| 250 | 295 | 258 | 203 | 234 | 266 | 261 | 220 | 246 | 315 | 285 | 233 | |
| General & administrative | 250 | 295 | 258 | 203 | 234 | 266 | 261 | 220 | 246 | 315 | 285 | 233 |
| Other expenses | 6 | 15 | 34 | 3 | 3 | 4 | 1,135 | 4 | 16 | 1,372 | 864 | 1,719 |
| Operating income | 3,503 | 1,553 | 1,679 | 1,221 | 507 | 348 | −900 | 997 | 1,509 | 1,575 | 1,731 | 5,196 |
| −27 | −4 | 4 | −18 | −18 | −25 | −17 | −55 | −53 | −51 | −8 | −29 | |
| Interest income | 74 | 96 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 149 | 149 | 140 | 140 | 141 | 135 | 137 | 141 | 139 | 139 | 140 | 140 |
| Other non-operating income | −26 | −22 | −144 | −122 | −123 | −110 | −120 | −86 | −86 | −88 | 132 | −132 |
| Income before tax | 3,476 | 1,549 | 1,683 | 1,203 | 489 | 323 | −917 | 942 | 1,456 | 1,524 | 1,723 | 5,167 |
| Income tax expense | 813 | 331 | 353 | 277 | 96 | −34 | −265 | 279 | 390 | 355 | 401 | 1,094 |
| Net income from continuing operations | 2,663 | 1,218 | 1,330 | 926 | 393 | 357 | −652 | 663 | 1,066 | 1,169 | 1,322 | 4,073 |
| Net income | 2,622 | 1,202 | 1,245 | 880 | 364 | 281 | −595 | 714 | 1,095 | 1,134 | 1,263 | 3,720 |
| EPS, basic | $7.49 | $3.56 | $3.75 | $2.71 | $1.14 | $0.89 | −$1.90 | $2.28 | $3.54 | $3.74 | $4.22 | $12.62 |
| EPS, diluted | $7.49 | $3.55 | $3.75 | $2.71 | $1.14 | $0.89 | −$1.90 | $2.28 | $3.53 | $3.74 | $4.22 | $12.62 |
| Weighted average shares, basic | 349 | 337 | 331 | 324 | 318 | 315 | 314 | 312 | 309 | 303 | 298 | 294 |
| Weighted average shares, diluted | 349 | 338 | 331 | 324 | 318 | 316 | 314 | 312 | 309 | 303 | 298 | 294 |
| EBITDA | 4,211 | 2,265 | 2,518 | 2,039 | 1,315 | 1,156 | −89 | 1,897 | 2,431 | 2,341 | 2,439 | 6,051 |
| Depreciation & amortization | 682 | 690 | 695 | 696 | 685 | 698 | 691 | 814 | 836 | 678 | 840 | 723 |
| EBIT | 3,529 | 1,575 | 1,823 | 1,343 | 630 | 458 | −780 | 1,083 | 1,595 | 1,663 | 1,599 | 5,328 |
