VLONYSEPetroleum RefiningFiscal year ends December 31

VALERO ENERGY CORP/TX

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026

$433.31−11.40 (-2.56%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

4.4%+5.6 pts over 5 years

2.6%+5.0 pts over 5 years

1.9%+4.1 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	-5.5%	-11.4%	+13.6%	–
Gross profit	+13.0%	-31.4%	–	–
Operating income	-15.3%	-41.3%	–	-6.7%
Net income	-15.2%	-41.2%	–	-5.2%
EPS, diluted	-11.8%	-36.1%	–	-0.5%
Dividend per share	+5.6%	+4.9%	+2.9%	+10.3%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	11.3%	-7.0%	9.7%
Return on assets	5.1%	-2.7%	4.0%
Current ratio	2.02	1.71	1.65
Debt to equity	0.40	0.78	0.45
Net debt to EBITDA	0.59×	14.72×	0.94×
Interest coverage	7.9×	-2.8×	5.7×
Inventory turnover	12.3×	10.1×	15.3×
Capex to revenue	2.6%	3.8%	–
Diluted shares	464M	407M	309M

Return on equity split into margin, efficiency and leverage

Net margin1.9%

Asset turnover2.08×

Equity multiplier2.45×

Return on equity, FY20259.7%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	1.9%	2.08×	2.45×	9.7%
FY2024	2.1%	2.11×	2.42×	10.9%
FY2023	6.1%	2.33×	2.49×	35.4%
FY2022	6.5%	2.97×	2.83×	54.9%
FY2021	0.8%	2.08×	2.95×	5.0%
FY2020	-2.2%	1.23×	2.60×	-7.0%
FY2019	2.2%	2.08×	2.39×	11.1%
FY2018	2.7%	2.33×	2.30×	14.3%
FY2017	4.3%	1.95×	2.29×	19.4%
FY2016	3.0%	1.67×	2.23×	11.3%

Parsed from the XBRL in Valero Energy's annual and quarterly filings with the SEC
Per-share figures adjusted for the 2-for-1 split on Dec 16, 2005
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing