Valero Energy annual ebitda margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Valero Energy EBITDA Margin Growth & History (VLO)
Valero Energy's ebitda margin was 5.17% for fiscal 2025.
View full Valero Energy company overviewValero Energy annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.17% | +0.14 pp |
| 2024 | 2024-12-31 | 5.03% | −5.03 pp |
| 2023 | 2023-12-31 | 10.06% | −0.24 pp |
| 2022 | 2022-12-31 | 10.30% | +6.32 pp |
| 2021 | 2021-12-31 | 3.98% | +2.79 pp |
| 2020 | 2020-12-31 | 1.19% | −4.43 pp |
| 2019 | 2019-12-31 | 5.62% | −0.05 pp |
| 2018 | 2018-12-31 | 5.67% | −0.23 pp |
| 2017 | 2017-12-31 | 5.90% | −1.27 pp |
| 2016 | 2016-12-31 | 7.17% | — |
Valero Energy quarterly ebitda margin
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.71% | +8.28 pp |
| Q1 2026 | 2026-03-31 | 7.94% | +8.63 pp |
| Q4 2025 | 2025-12-31 | 13.18% | +5.36 pp |
| Q3 2025 | 2025-09-30 | 4.73% | +3.16 pp |
| Q2 2025 | 2025-06-30 | 3.43% | −0.15 pp |
| Q1 2025 | 2025-03-31 | −0.69% | −8.17 pp |
| Q4 2024 | 2024-12-31 | 7.82% | −2.27 pp |
| Q3 2024 | 2024-09-30 | 1.57% | −7.58 pp |
| Q2 2024 | 2024-06-30 | 3.57% | −4.45 pp |
| Q1 2024 | 2024-03-31 | 7.48% | −5.43 pp |
| Q4 2023 | 2023-12-31 | 10.09% | −4.62 pp |
| Q3 2023 | 2023-09-30 | 9.15% | +0.60 pp |
| Q2 2023 | 2023-06-30 | 8.03% | −4.04 pp |
| Q1 2023 | 2023-03-31 | 12.91% | +7.74 pp |
| Q4 2022 | 2022-12-31 | 14.71% | +5.24 pp |
| Q3 2022 | 2022-09-30 | 8.55% | +6.17 pp |
| Q2 2022 | 2022-06-30 | 12.07% | +10.19 pp |
| Q1 2022 | 2022-03-31 | 5.16% | +5.59 pp |
| Q4 2021 | 2021-12-31 | 9.46% | +1.79 pp |
| Q3 2021 | 2021-09-30 | 2.38% | +6.24 pp |
| Q2 2021 | 2021-06-30 | 1.88% | −15.44 pp |
| Q1 2021 | 2021-03-31 | −0.42% | +7.25 pp |
| Q4 2020 | 2020-12-31 | 7.68% | −4.58 pp |
| Q3 2020 | 2020-09-30 | −3.85% | −7.13 pp |
| Q2 2020 | 2020-06-30 | 17.32% | +14.14 pp |
| Q1 2020 | 2020-03-31 | −7.67% | −11.21 pp |
| Q4 2019 | 2019-12-31 | 12.26% | +2.36 pp |
| Q3 2019 | 2019-09-30 | 3.27% | −0.72 pp |
| Q2 2019 | 2019-06-30 | 3.19% | −0.90 pp |
| Q1 2019 | 2019-03-31 | 3.54% | −1.37 pp |
| Q4 2018 | 2018-12-31 | 9.90% | +3.01 pp |
| Q3 2018 | 2018-09-30 | 3.99% | −1.71 pp |
| Q2 2018 | 2018-06-30 | 4.08% | −2.02 pp |
| Q1 2018 | 2018-03-31 | 4.91% | +0.19 pp |
| Q4 2017 | 2017-12-31 | 6.88% | — |
| Q3 2017 | 2017-09-30 | 5.71% | — |
| Q2 2017 | 2017-06-30 | 6.11% | — |
| Q1 2017 | 2017-03-31 | 4.72% | — |
Valero Energy ebitda margin trends
Over the last five fiscal years, Valero Energy's ebitda margin increased from 1.19% to 5.17%, a change of +3.98 percentage points. The latest reported quarter, Q2 2026, shows 11.71%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Valero Energy source filings ↗Community posts
Valero earnings surge as refining profit and cash generation jump
Valero ($VLO) reported third-quarter 2026 net income of $6.8 billion, or $23.89 per share, compared with $1.1 billion a year earlier. Refining operating income increased to $8.8 billion from $1.6 billion, with throughput averaging about 3.0 ...
