Valero Energy Corporation — VLO
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $154.94 | $48.13B | 62.2 | 16.1 | 24.1% | 8.9% | $4.52 291.0% | 2.0 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $64.9B | $-1.4B | $-3.50 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $114.0B | $930.0M | $2.27 | 75.6% | -165.4% | -164.9% |
| 2 | 2022-12-31 | $176.4B | $11.5B | $29.05 | 54.8% | 1139.6% | 1179.7% |
| 3 | 2023-12-31 | $144.8B | $8.8B | $24.93 | -17.9% | -23.4% | -14.2% |
| 4 | 2024-12-31 | $129.9B | $2.8B | $8.58 | -10.3% | -68.6% | -65.6% |
| 5 | TTM 2025-03-31 | $128.4B | $930.0M | $2.93 | -1.2% | -66.4% | -65.9% |
| 6 | Average | 20.2% | 163.2% | 173.8% |
EPS
Forecasts
Y/Y % Change
VLO Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 75.6% | 54.8% | -17.9% | -10.3% | -9.7% | -4.2% | 14.7% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 4 | 4 | |
| EPS Growth (%) | -165.4% | 1139.6% | -23.4% | -68.6% | -18.7% | 43.4% | 151.1% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 8 | 8 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | G&A ($) | SG&A ($) | Facilities / D&A ($) | Personnel ($) | Other Operating ($) |
|---|---|---|---|---|---|---|---|
| 2021 | $114.0B | $108.5B | $865.0M | $865.0M | $2.4B | $0.0 | $5.6B |
| 2022 | $176.4B | $157.2B | $934.0M | $934.0M | $2.5B | $58.0M | $5.2B |
| 2023 | $144.8B | $129.2B | $998.0M | $998.0M | $2.7B | $0.0 | $5.8B |
| 2024 | $129.9B | $122.3B | $961.0M | $961.0M | $2.8B | $0.0 | $5.9B |
| TTM | $123.8B | $117.8B | $981.0M | $981.0M | $2.9B | $0.0 | $6.2B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | G&A Change (%) | SG&A Change (%) | Facilities / D&A Change (%) | Personnel Change (%) | Other Operating Change (%) |
|---|---|---|---|---|---|---|---|
| 2022 | 54.75 | 44.86 | 7.98 | 7.98 | 2.83 | inf | -7.99 |
| 2023 | -17.93 | -17.81 | 6.85 | 6.85 | 9.22 | -100.0 | 10.99 |
| 2024 | -10.28 | -5.29 | -3.71 | -3.71 | 2.70 | NaN | 2.46 |
| TTM | -4.70 | -3.71 | 2.08 | 2.08 | 4.11 | NaN | 5.47 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-09-05 15:08 UTC — Values are shown in a single scale for this table: $B. TTM values are bold. “% of Total (TTM)” shows revenue mix.
| Segment | 2022 Rev ($B) | 2022 OI ($B) | 2023 Rev ($B) | 2023 OI ($B) | 2024 Rev ($B) | 2024 OI ($B) | TTM Rev ($B) | TTM OI ($B) |
|---|---|---|---|---|---|---|---|---|
| Ethanol | 0.00B | 0.11B | 0.00B | 0.55B | 0.00B | 0.29B | 0.00B | 0.20B |
| Refining | 0.00B | 15.8B | 0.00B | 11.5B | 0.00B | 3.97B | 0.00B | 1.78B |
| Renewable Diesel | 0.00B | 0.77B | 0.00B | 0.85B | 0.00B | 0.51B | 0.00B | -0.21B |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $59,177M |
| 1 | Cash | $4,634M |
| 2 | Total Liabilities | $32,862M |
| 3 | Total Debt | $10,854M |
| 4 | Total Equity | $23,490M |
| 5 | Debt to Equity Ratio | 0.46 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $141.10 | 4.4% | Nicks Growth: 2% Nick's Expected Margin: 6% FINVIZ Growth: 14% |
Nicks: 8 Finviz: 24 |
Nick's: 0.472 | 0.4 | 48.2 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $2.93 EPS | TTM | $23.04 | -83.7% | $71.46 | -49.4% |
| $6.19 EPS | 2025 | $48.67 | -65.5% | $150.97 | 7.0% |
| $9.73 EPS | 2026 | $76.51 | -45.8% | $237.31 | 68.2% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 22.60% | 8.29% | 22.56% | 8.45% | 0.99% | 0.55% | 24.27% | 9.06% | 96.6% | 89.7% |
| 3 Years | 22.60% | 8.29% | 22.56% | 8.45% | 0.99% | 0.55% | 24.27% | 9.06% | 96.6% | 89.7% |
| 5 Years | 22.60% | 8.29% | 22.56% | 8.45% | 0.99% | 0.55% | 24.27% | 9.06% | 96.6% | 89.7% |
| 10 Years | 22.60% | 8.29% | 22.56% | 8.45% | 0.99% | 0.55% | 24.27% | 9.06% | 96.6% | 89.7% |