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Valero Energy Corporation (VLO) Stock: Price, Forecast & Analyst Target

Valero Energy Corporation (VLO) — MoonshotScore 95/100 (Exceptional band), calculated Oct 4, 2026. Price $406.30 (-0.53%), as of the Oct 2, 2026 trading session; market cap $117B. Expected results Oct 22, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 14.86× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Oct 22, 2026

$406.30 −$2.16 (-0.53%) Market Cap $117B

Valero Energy Corporation · VLO · NYSE · Energy · Oil & Gas Refining & Marketing

Research dated 2026-09-12: Valero converts crude oil and other feedstocks into gasoline, diesel, jet fuel, petrochemicals and related products, while renewable diesel and ethanol provide smaller adjacent businesses. It is a processor and marketer rather than a straightforward crude producer, so the durability of the sharp recovery in refining profitability and cash generation matters more than the direction of oil prices alone. Recent results show much stronger earnings and cash generation, but management’s outlook still depends on clean-product demand, regional throughput and operating costs.

Price as of Oct 2, 2026

Key Statistics

95 of 100

MoonshotScore v2 · Valero Energy (VLO)

Exceptional
Business Quality Solid (73)
Financial Safety Fortress (93)
Valuation Fair (66)
Growth Durability Growing (63)
Momentum Surging (99)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

High quality and a fortress balance sheet, though growth is only decent; the market is already moving on it. Business Quality: Solid; Financial Safety: Fortress; Valuation: Fair; Growth Durability: Growing; Momentum: Surging.

  • quarterly revenue $36.65B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 8 of 8
  • expected results Oct 22, 2026

Helping: business quality, balance-sheet strength, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for VLO (29 recorded, newest six shown)
RecordedScoreBand
95Exceptional
94Exceptional
95Exceptional
95Exceptional
95Exceptional
95Exceptional

The score was 95 in the stored Oct 3, 2026 snapshot and remains 95 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Growth Durability -1 and Momentum -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$406.30
Change on the day-0.53%
52-week range$155.29 – $419.04
Market capitalisation$117B
Price / earnings (trailing)16.84
Shares traded on the day2.57M
Beta (volatility vs the S&P 500)0.57
Dividends per share (last 12 months)$4.73
Dividend yield (last 12 months)1.16%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $157, high $413, latest $406. 4 reported quarters marked, 4 above and 0 below the recorded estimate. 1 other dated event marked. $413 $157 high $413 Oct 23, 2025 · Earnings results · reported above the recorded estimate · close $1711Jan 29, 2026 · Earnings results · reported above the recorded estimate · close $1812Apr 30, 2026 · Earnings results · reported above the recorded estimate · close $2473Jul 30, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $3134Jul 30, 2026 · Earnings results · reported above the recorded estimate · close $3135 Sep 5, 2025 Oct 2, 2026 · $406 $157Sep 5, 2025$163Sep 19, 2025$160Oct 3, 2025$158Oct 17, 2025$170Oct 31, 2025$182Nov 14, 2025$177Nov 28, 2025$168Dec 12, 2025$164Dec 26, 2025$185Jan 9, 2026$187Jan 23, 2026$203Feb 6, 2026$201Feb 20, 2026$225Mar 6, 2026$240Mar 20, 2026$244Apr 2, 2026$224Apr 17, 2026$247May 1, 2026$251May 15, 2026$245May 29, 2026$259Jun 12, 2026$259Jun 26, 2026$281Jul 10, 2026$303Jul 24, 2026$298Aug 7, 2026$349Aug 21, 2026$371Sep 4, 2026$413Sep 18, 2026$406Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • Turning to guidance, we expect capital investments attributable to Valero for 2026 to be approximately $2 billion.

    Harminder S. Bhullar · Statement from

  • For modeling our third quarter operations, we expect refining throughput volumes to fall within the following ranges: Gulf Coast at 1.78 million to 1.83 million barrels per day; Mid-Continent at 460,000 to 480,000 barrels per day; West Coast at 110,000 to 120,000 barrels per day; and North Atlantic at 450,000 to 470,000 barrels per day.

    Harminder S. Bhullar · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Valero Energy (VLO): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Moderate
Momentum Strong
Business Quality Moderate
Financial Safety Strong
Valuation Moderate

Legends Council

5 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Unfavorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Sep 20, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Moderate
Margin of Safety Fairly Valued
Profit Margin Neutral
Revenue Growth Negative
Debt/Equity Neutral
ROE Strong
Gross Margin Weak

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the VLO film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Valero Energy (VLO), and what does it report?

Short answer · as of

Refining supplies the overwhelming share of Valero’s segment revenue.

Research dated 2026-09-12.

Refining supplies the overwhelming share of Valero’s segment revenue. The company processes crude into transportation fuels, blendstocks, asphalt, petrochemicals, lubricants and related products, then distributes them through wholesale rack, bulk and branded retail channels supported by pipelines, terminals, storage and marine infrastructure.

Renewable diesel converts animal fats, used cooking oils and inedible corn oils into fuel. Ethanol plants add fuel output and animal-feed co-products, but reported segment revenue shows that these operations remain adjuncts to the refinery system rather than equal earnings pillars.

Sources (as of 2026-09-12): Business description; Revenue by segment; Sector / industry (provider taxonomy)

2 · Latest results

What do the latest results show for Valero Energy (VLO)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $36.65B.

Research dated 2026-09-12.

The latest income statement shows sequential gains in revenue, gross profit, operating income and net income, with profit expanding far faster than sales. Operating cash flow accelerated even more sharply, capital spending remained modest relative to the inflow, and the cash balance climbed. Reported revenue and earnings have also cleared expectations throughout the recent reporting run.

Management framed the forward setup around regional refinery throughput, cash operating expense per barrel and planned capital investment. Its projections assume clean-product demand remains suppressed by higher prices while operations in the Middle East and Asia normalize after a shipping passage reopened; those are management assumptions, not explanations established by the financial statements.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts; Most recent periodic reports

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$36.65B Jun 30, 2026
Latest quarter · SG&A
$233.00M Jun 30, 2026
Latest quarter · FMP standardized operating result
$5.20B Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$36.65BNot available$233.00M$5.20B
Mar 31, 2026$32.38BNot available$285.00M$1.73B
Dec 31, 2025$31.73BNot available$315.00M$1.57B
Sep 30, 2025$32.17BNot available$246.00M$1.51B

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$44.48B Jul 30, 2026
Latest report · revenue estimate
$39.47B Jul 30, 2026
Latest report · revenue vs estimate
Above estimate Jul 30, 2026
Latest report · EPS vs estimate
Above estimate Jul 30, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 30, 2026$44.48B$39.47B$12.5400$10.1100
Apr 30, 2026$32.38B$31.38B$4.2200$3.1600
Jan 29, 2026$30.37B$28.51B$3.8200$3.2700
Oct 23, 2025$32.17B$29.96B$3.6600$3.0500

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$36.65B$3.72B$12.62 (diluted)
Q1 FY2026$32.38B$1.26B$4.22 (diluted)
Q4 FY2025$31.73B$1.13B$3.74 (diluted)
Q3 FY2025$32.17B$1.09B$3.53 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Valero Energy (VLO)?

Short answer

Cash and short-term investments were $7.87B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $5.58B for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Cash and short-term investments provide substantial liquidity, although they remain below total debt, leaving Valero in a net-debt position. Liquidity ratios are above parity, free-cash-flow yield is positive, and the distress and quality screens are favorable.

Cash generation stayed positive even when the income statement recorded a loss, then strengthened dramatically as profitability recovered. The corresponding risk is operating leverage: modest revenue changes have accompanied much larger swings in gross profit, operating income and net income. Softer clean-product demand combined with normalized regional operations could therefore test whether the latest conversion economics persist.

Sources (as of 2026-09-12): Cash, investments and debt; Cash and investment components; Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Operating cash flow by quarter (USD millions); Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Management outlook — dated call excerpts

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$5.58B Jun 30, 2026
Previous quarter · operating cash flow
$1.39B Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$5.58B−$226.00M
Mar 31, 2026$1.39B−$165.00M
Dec 31, 2025$2.06B−$220.00M
Sep 30, 2025$1.88B−$177.00M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Valero Energy (VLO)?

Short answer · as of

The next earnings report is expected on Oct 22, 2026.

Research dated 2026-09-12.

Watch realized refinery throughput against management’s regional ranges, refinery cash operating expense per barrel and any change in its clean-product demand assumption. The financial confirmation would be continued strength in gross and operating profit, operating cash flow remaining well above capital spending, and cash holding near its recently elevated level.

Near-term expectations call for another strong earnings result, while longer-range estimates vary widely and do not trace a smooth path. Valero has repeatedly exceeded revenue and earnings expectations, so the magnitude and source of any fresh surprise may be more informative than the headline comparison alone.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Next earnings report; Analyst revenue and earnings estimates (average); Reported versus estimated, last 8 quarters

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. Turning to guidance, we expect capital investments attributable to Valero for 2026 to be approximately $2 billion.

    Harminder S. Bhullar ·

  2. For modeling our third quarter operations, we expect refining throughput volumes to fall within the following ranges: Gulf Coast at 1.78 million to 1.83 million barrels per day; Mid-Continent at 460,000 to 480,000 barrels per day; West Coast at 110,000 to 120,000 barrels per day; and North Atlantic at 450,000 to 470,000 barrels per day.

    Harminder S. Bhullar ·

  3. We expect refining cash operating expenses in the third quarter to be approximately $4.75 per barrel.

    Harminder S. Bhullar ·

  4. These projections do assume that you see suppressed global demand for clean products this year as a result of higher prices and that we will see normalized operations in the Middle East and Asia following the reopening of the Strait.

    Gary K. Simmons ·

5 · Peer comparison

How does Valero Energy compare with its peers?

Short answer

Valero Energy's score ranks tied for 3rd of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Valero’s distinguishing configuration combines a large refinery network with renewable diesel, ethanol, logistics and several distribution channels. Refining still dominates segment revenue, so the alternative-fuel businesses broaden the product set without yet redefining the company’s earnings base.

Compared with crude producers, Valero’s sales come from processed fuels and petrochemicals rather than extracted crude. Compared with a retail fuel chain, the branded stations are only part of a much wider wholesale, bulk and infrastructure-backed marketing system.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Par Pacific Holdings, Inc. (PARR) Same industry, near in market value$84.00 Oct 2, 2026$4.21B99 5-pillar Oct 4, 2026
HF Sinclair Corporation (DINO) Same industry, near in market value$113.36 Oct 2, 2026$20.2B98 5-pillar Oct 4, 2026
Valero Energy (VLO) — this page$406.30$117B95
PBF Energy Inc. (PBF) Same industry, near in market value$80.78 Oct 2, 2026$9.58B95 5-pillar Oct 4, 2026
Ultrapar Participações S.A. (UGP) Same industry, near in market value$7.45 Oct 2, 2026$7.96B95 5-pillar Oct 4, 2026
EOG Resources, Inc. (EOG) Named competitor$141.38 Oct 2, 2026$75.3B94 5-pillar Oct 4, 2026
Marathon Petroleum Corporation (MPC) Same industry, near in market value$422.33 Oct 2, 2026$123B93 5-pillar Oct 4, 2026
Phillips 66 (PSX) Same industry, near in market value$264.58 Oct 2, 2026$106B89 5-pillar Oct 4, 2026
Suncor Energy Inc. (SU) Named competitor$69.56 Oct 2, 2026$82.1B87 5-pillar Oct 4, 2026
Delek US Holdings, Inc. (DK) Same industry, near in market value$74.19 Oct 2, 2026$4.55B86 5-pillar Oct 4, 2026
Sunoco LP (SUN) Same industry, near in market value$74.73 Oct 2, 2026$10.2B67 5-pillar Oct 4, 2026
CVR Energy, Inc. (CVI) Same industry, near in market value$54.83 Oct 2, 2026$5.51B64 5-pillar Oct 4, 2026
SLB N.V. (SLB) Named competitor$48.74 Oct 2, 2026$72.3B60 5-pillar Oct 4, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Energy stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$203.00 – $457.00
Consensus target
$381.90
Median target
$406.00

Consensus record · Captured .

Measured against a quoted price of $406.30 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 18, 2026

Transactions
40
Identified insiders
13
Purchases
0
Sales
3
Other transactions
37

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
84.6% Period end Jun 30, 2026
Previous quarter · ownership
83.9% Prior to period end Jun 30, 2026
Reporting holders
2,055 Period end Jun 30, 2026
Previous quarter · holders
1,946 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.25,143,225
Vanguard Capital Management LLC19,393,258
State Street Corp18,903,012
Vanguard Portfolio Management LLC14,845,028
Fmr LLC8,504,389

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Valero Energy (VLO)?

Read these with our analysis →

Valero Energy Energy Stock: Key Questions Answered

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

Are Valero-branded stations the core of Valero’s economics?

Refining supplies the overwhelming share of segment revenue, while branded stations are part of a distribution network that also includes wholesale rack and bulk channels. Valero is therefore better understood as a large fuel processor and marketer than as a consumer retail chain.

Sources (as of 2026-09-12): Business description; Revenue by segment

How do Valero’s renewable diesel and ethanol operations fit beside refining?

Renewable diesel turns waste oils and animal fats into fuel, while ethanol plants also produce animal-feed ingredients and corn oil. They extend Valero’s feedstock and product mix, but each contributes far less revenue than refining.

Sources (as of 2026-09-12): Business description; Revenue by segment

Why does clean-product demand matter to Valero’s refinery outlook?

Management’s operating projections assume higher prices suppress global clean-product demand while regional operations normalize. If demand remains weak as those operations recover, the recent expansion in refinery profitability would face a more demanding test.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Quarterly income statement (USD thousands)

What would confirm that Valero’s cash surge is durable?

Durability would show up as operating cash flow staying well above capital spending across reporting periods, with cash remaining elevated despite debt and planned investment. Continued gross and operating profit strength would make that cash performance more convincing than an isolated working-capital benefit.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Cash, investments and debt; Management outlook — dated call excerpts; Quarterly income statement (USD thousands)

What is the VLO stock price today?

The last price recorded on this page for Valero Energy Corporation (VLO) is $406.30, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the VLO price target?

The analyst consensus price target for Valero Energy Corporation (VLO) is $381.90 (range $203.00 to $457.00, median $406.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

When are VLO's next earnings?

The next earnings date listed on this page for Valero Energy Corporation (VLO) is Oct 22, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts

Sources — records for every figure on this page (80 figures)

The 80 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsHarminder S. Bhullar (Jul 30, 2026): Turning to guidance, we expect capital investments attributable to Valero for 2026 to be approximately $2 billion. Harminder S. Bhullar (Jul 30, 2026): For modeling our third quarter operations, we expect refining throughput volumes to fall within the following ranges: Gulf Coast at 1.78 million to 1.83 million barrels per day; Mid-Continent at 460,000 to 480,000 barrels per day; West Coast at 110,000 to 120,000 barrels per day; and North Atlantic at 450,000 to 470,000 barrels per day. Harminder S. Bhullar (Jul 30, 2026): We expect refining cash operating expenses in the third quarter to be approximately $4.75 per barrel. Gary K. Simmons (Jul 30, 2026): These projections do assume that you see suppressed global demand for clean products this year as a result of higher prices and that we will see normalized operations in the Middle East and Asia following the reopening of the Strait.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressP.O. BOX 696000, SAN Antonio, TX, 78269-6000OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "One Valero Way, San Antonio, TX, 78249, US".

FMP — 68 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$406.30FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T20:04:51.755Z.
px.changeChange on the day-0.53%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$117BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:02.000Z. Captured from FMP at 2026-10-04T20:04:50.678Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$2.16FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$36.65BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)16.84FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day2.57MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.57FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveR. Lane RiggsFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees9,785FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $113.98B, net result $930.00M; FY2022 revenue $176.38B, net result $11.53B; FY2023 revenue $144.77B, net result $8.84B; FY2024 revenue $129.88B, net result $2.77B; FY2025 revenue $122.69B, net result $2.35BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsEthanol $4.98B · Refining $116.17B · Renewable Diesel $4.75BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)11.3%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$36.65BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$233.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$5.20BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$32.38BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$285.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$1.73BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$31.73BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$315.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$1.57BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$32.17BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$246.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$1.51BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-30.revenue_actualRevenue · reported — report date 2026-07-30$44.48BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.revenue_estimatedRevenue · estimate — report date 2026-07-30$39.47BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_actualEPS · reported — report date 2026-07-30$12.5400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_estimatedEPS · estimate — report date 2026-07-30$10.1100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.revenue_actualRevenue · reported — report date 2026-04-30$32.38BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.revenue_estimatedRevenue · estimate — report date 2026-04-30$31.38BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.eps_actualEPS · reported — report date 2026-04-30$4.2200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-30.eps_estimatedEPS · estimate — report date 2026-04-30$3.1600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-29.revenue_actualRevenue · reported — report date 2026-01-29$30.37BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-29.revenue_estimatedRevenue · estimate — report date 2026-01-29$28.51BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-29.eps_actualEPS · reported — report date 2026-01-29$3.8200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-29.eps_estimatedEPS · estimate — report date 2026-01-29$3.2700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.revenue_actualRevenue · reported — report date 2025-10-23$32.17BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.revenue_estimatedRevenue · estimate — report date 2025-10-23$29.96BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.eps_actualEPS · reported — report date 2025-10-23$3.6600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.eps_estimatedEPS · estimate — report date 2025-10-23$3.0500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$7.87BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$5.58BFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$11.35BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value4.78×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$5.58BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$1.39BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$226.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$165.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$2.06BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$220.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$1.88BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$177.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$203.00 – $457.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$381.90FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$406.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP40 transactions · 0 purchases, 3 sales, 37 other transactions · 13 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 18, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership84.6%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership83.9%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders2,055FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders1,946FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot25,143,225FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesVanguard Capital Management LLC — shares in provider snapshot19,393,258FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesState Street Corp — shares in provider snapshot18,903,012FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesVanguard Portfolio Management LLC — shares in provider snapshot14,845,028FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesFmr LLC — shares in provider snapshot8,504,389FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 22, 2026UNRECORDEDStored earnings-calendar observation — Captured 2026-09-14
earn.historyReported versus estimated, recent quartersEPS beat 8 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-03
px.range5252-week range$155.29 – $419.04UNRECORDEDStored company-profile observation — Captured 2026-10-03

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments14.86×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $7.87B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$4.73COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months1.16%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-30.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($44.48B) with the recorded estimate ($39.47B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-30.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($12.5400) with the recorded estimate ($10.1100) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v295 of 100 · Exceptional · pillars 73 / 93 / 66 / 63 / 99OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement95 (stored snapshot Oct 3, 2026) → 95 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-30. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-30.revenue_actual, earn.history.depth.2026-07-30.revenue_estimated, earn.history.depth.2026-07-30.revenue_actual.comparison, earn.history.depth.2026-07-30.eps_actual.comparison, earn.history.depth.2026-07-30.eps_actual, earn.history.depth.2026-07-30.eps_estimated, earn.history.depth.2026-04-30.revenue_actual, earn.history.depth.2026-04-30.revenue_estimated, earn.history.depth.2026-04-30.eps_actual, earn.history.depth.2026-04-30.eps_estimated, earn.history.depth.2026-01-29.revenue_actual, earn.history.depth.2026-01-29.revenue_estimated, earn.history.depth.2026-01-29.eps_actual, earn.history.depth.2026-01-29.eps_estimated, earn.history.depth.2025-10-23.revenue_actual, earn.history.depth.2025-10-23.revenue_estimated, earn.history.depth.2025-10-23.eps_actual, earn.history.depth.2025-10-23.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Valero Energy Corporation functions as a global producer and marketer of transportation fuels and petrochemicals, with operations spanning the United States, Canada, the United Kingdom, Ireland, and other international territories. The company organizes its business across three primary divisions: Refining, Renewable Diesel, and Ethanol. Its Refining segment generates a wide array of products, including various types of gasoline (conventional, premium, reformulated, and California Air Resources Board-compliant), diverse diesel fuels (low-sulfur, ultra-low-sulfur, and CARB diesel), jet fuels, blendstocks, asphalts, petrochemicals, and lubricants. This division also handles the sale of lube oils and natural gas liquids. As of the end of 2021, Valero managed 15 petroleum refineries, boasting a combined daily processing capacity of approximately 3.2 million barrels of crude oil. The Ethanol division comprises 12 plants, capable of producing around 1.6 billion gallons of ethanol annually. These facilities also yield co-products such as dry distiller grains, syrup, and inedible corn oil, which are largely supplied to animal feed markets. Valero distributes its refined goods through wholesale rack and bulk channels, in addition to approximately 7,000 branded retail stations operating under names like Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco. Furthermore, Valero contributes to renewable energy production by owning and operating a facility dedicated to converting animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. Supporting its extensive operations, the company maintains a comprehensive logistics network that includes crude oil and refined product pipelines, storage terminals, tanks, marine docks, and truck rack bays. Originally established in 1980 as Valero Refining and Marketing Company, the firm adopted its current name, Valero Energy Corporation, in August 1997. Its corporate headquarters are situated in San Antonio, Texas.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Energy / Oil & Gas Refining & Marketing

The company's SEC filings classify it under SIC 2911 — Petroleum Refining.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Ethanol: $4.98B; Refining: $116.17B; Renewable Diesel: $4.75B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $12.62 per share, R&D: $0, SG&A: $233.00M, EPS basic: $12.62 per share, EPS basis: diluted, Revenue: $36.65B, EPS diluted: $12.62 per share, Net result: $3.72B, Gross profit: $7.15B, Operating result: $5.20B
  • Quarter ended 2026-03-31 — EPS: $4.22 per share, R&D: $0, SG&A: $285.00M, EPS basic: $4.22 per share, EPS basis: diluted, Revenue: $32.38B, EPS diluted: $4.22 per share, Net result: $1.26B, Gross profit: $2.88B, Operating result: $1.73B
  • Quarter ended 2025-12-31 — EPS: $3.74 per share, R&D: $0, SG&A: $315.00M, EPS basic: $3.74 per share, EPS basis: diluted, Revenue: $31.73B, EPS diluted: $3.74 per share, Net result: $1.13B, Gross profit: $3.26B, Operating result: $1.57B
  • Quarter ended 2025-09-30 — EPS: $3.53 per share, R&D: $0, SG&A: $246.00M, EPS basic: $3.54 per share, EPS basis: diluted, Revenue: $32.17B, EPS diluted: $3.53 per share, Net result: $1.09B, Gross profit: $1.77B, Operating result: $1.51B
  • Quarter ended 2025-06-30 — EPS: $2.28 per share, R&D: $0, SG&A: $220.00M, EPS basic: $2.28 per share, EPS basis: diluted, Revenue: $29.89B, EPS diluted: $2.28 per share, Net result: $714.00M, Gross profit: $1.22B, Operating result: $997.00M
  • Quarter ended 2025-03-31 — EPS: -$1.9 per share, R&D: $0, SG&A: $261.00M, EPS basic: -$1.9 per share, EPS basis: diluted, Revenue: $30.26B, EPS diluted: -$1.9 per share, Net result: -$595.00M, Gross profit: $496.00M, Operating result: -$900.00M
  • Quarter ended 2024-12-31 — EPS: $0.89 per share, R&D: $0, SG&A: $266.00M, EPS basic: $0.89 per share, EPS basis: diluted, Revenue: $30.76B, EPS diluted: $0.89 per share, Net result: $281.00M, Gross profit: $618.00M, Operating result: $348.00M
  • Quarter ended 2024-09-30 — EPS: $1.14 per share, R&D: $0, SG&A: $234.00M, EPS basic: $1.14 per share, EPS basis: diluted, Revenue: $32.88B, EPS diluted: $1.14 per share, Net result: $364.00M, Gross profit: $744.00M, Operating result: $507.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$226.00M, Operating cash flow: $5.58B
  • Quarter ended 2026-03-31 — Capital expenditure: -$165.00M, Operating cash flow: $1.39B
  • Quarter ended 2025-12-31 — Capital expenditure: -$220.00M, Operating cash flow: $2.06B
  • Quarter ended 2025-09-30 — Capital expenditure: -$177.00M, Operating cash flow: $1.88B
  • Quarter ended 2025-06-30 — Capital expenditure: -$150.00M, Operating cash flow: $936.00M
  • Quarter ended 2025-03-31 — Capital expenditure: -$249.00M, Operating cash flow: $952.00M
  • Quarter ended 2024-12-31 — Capital expenditure: -$303.00M, Operating cash flow: $1.07B
  • Quarter ended 2024-09-30 — Capital expenditure: -$210.00M, Operating cash flow: $1.29B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-07-30 — Quote: Turning to guidance, we expect capital investments attributable to Valero for 2026 to be approximately $2 billion., Speaker: Harminder S. Bhullar
  • Call of 2026-07-30 — Quote: For modeling our third quarter operations, we expect refining throughput volumes to fall within the following ranges: Gulf Coast at 1.78 million to 1.83 million barrels per day; Mid-Continent at 460,000 to 480,000 barrels per day; West Coast at 110,000 to 120,000 barrels per day; and North Atlantic at 450,000 to 470,000 barrels per day., Speaker: Harminder S. Bhullar
  • Call of 2026-07-30 — Quote: We expect refining cash operating expenses in the third quarter to be approximately $4.75 per barrel., Speaker: Harminder S. Bhullar
  • Call of 2026-07-30 — Quote: These projections do assume that you see suppressed global demand for clean products this year as a result of higher prices and that we will see normalized operations in the Middle East and Asia following the reopening of the Strait., Speaker: Gary K. Simmons

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-30OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $7.87B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $5.73B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $4.69B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $4.76B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $4.54B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $4.63B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $4.66B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $5.18B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-30 — EPS actual: $12.54 per share, EPS estimated: $10.11 per share, Revenue actual: $44.48B, Revenue estimated: $39.47B
  • Reported 2026-04-30 — EPS actual: $4.22 per share, EPS estimated: $3.16 per share, Revenue actual: $32.38B, Revenue estimated: $31.38B
  • Reported 2026-01-29 — EPS actual: $3.82 per share, EPS estimated: $3.27 per share, Revenue actual: $30.37B, Revenue estimated: $28.51B
  • Reported 2025-10-23 — EPS actual: $3.66 per share, EPS estimated: $3.05 per share, Revenue actual: $32.17B, Revenue estimated: $29.96B
  • Reported 2025-07-24 — EPS actual: $2.28 per share, EPS estimated: $1.75 per share, Revenue actual: $29.89B, Revenue estimated: $27.51B
  • Reported 2025-04-24 — EPS actual: $0.89 per share, EPS estimated: $0.4103 per share, Revenue actual: $30.26B, Revenue estimated: $28.76B
  • Reported 2025-01-30 — EPS actual: $0.64 per share, EPS estimated: $0.06888 per share, Revenue actual: $30.76B, Revenue estimated: $30.02B
  • Reported 2024-10-24 — EPS actual: $1.14 per share, EPS estimated: $0.98 per share, Revenue actual: $32.85B, Revenue estimated: $31.04B
2026-07-30FMPFinancial Modeling Prep (FMP) earnings
Most recent periodic reports2026-07-30OFFICIALSEC EDGAR filer submissions
Cash, investments and debt
Total debt: $11.35B; Liquidity basis: cash and short-term investments; Total liabilities: $36.40B; Cash and short-term investments: $7.87B; Cash and investments: $7.87B; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $7.87B; Cash and short-term investments: $7.87B; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$3.48B; Total debt: $11.35B; Cash and investments: $7.87B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 1.23; Current ratio: 1.64; Debt to equity: 0.45; Net margin: 5.4%; Gross margin: 11.3%; Operating margin: 7.5%; Return on assets: 11.2%; Return on equity: 29.9%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 5.71; Piotroski F-score: 8

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $122.69B, Period end: 2025-12-31, Net result: $2.35B
  • FY2024 — R&D: $0, Revenue: $129.88B, Period end: 2024-12-31, Net result: $2.77B
  • FY2023 — R&D: $0, Revenue: $144.77B, Period end: 2023-12-31, Net result: $8.84B
  • FY2022 — R&D: $0, Revenue: $176.38B, Period end: 2022-12-31, Net result: $11.53B
  • FY2021 — R&D: $0, Revenue: $113.98B, Period end: 2021-12-31, Net result: $930.00M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Next earnings report
Date: 2026-10-22; EPS estimate: $17.58 per share; Revenue estimate: $39.29B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $35.6 per share, Revenue average: $128.73B, Revenue low: $114.79B, Revenue high: $162.68B, Analysts (revenue): 10
  • FY2028 — EPS average: $26.02 per share, Revenue average: $114.02B, Revenue low: $90.58B, Revenue high: $137.60B, Analysts (revenue): 8
  • FY2029 — EPS average: $30.92 per share, Revenue average: $150.56B, Revenue low: $126.94B, Revenue high: $182.23B, Analysts (revenue): 6
  • FY2030 — EPS average: $11.38 per share, Revenue average: $158.47B, Revenue low: $133.61B, Revenue high: $191.80B, Analysts (revenue): 6
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold VLO

Funds in our ETF coverage that list VLO among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
NRGU ETF10.23%
State Street Energy Select Sector SPDR ETF (XLE)4.83%
OILD ETF3.55%