Valero Energy annual net profit margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Valero Energy Net Profit Margin Growth & History (VLO)
Valero Energy's net profit margin was 1.91% for fiscal 2025.
View full Valero Energy company overviewValero Energy annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 1.91% | −0.22 pp |
| 2024 | 2024-12-31 | 2.13% | −3.97 pp |
| 2023 | 2023-12-31 | 6.10% | −0.43 pp |
| 2022 | 2022-12-31 | 6.54% | +5.72 pp |
| 2021 | 2021-12-31 | 0.82% | +3.01 pp |
| 2020 | 2020-12-31 | −2.19% | −4.43 pp |
| 2019 | 2019-12-31 | 2.24% | −0.43 pp |
| 2018 | 2018-12-31 | 2.67% | −1.66 pp |
| 2017 | 2017-12-31 | 4.33% | +1.30 pp |
| 2016 | 2016-12-31 | 3.03% | — |
Valero Energy quarterly net profit 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 | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.36% | +5.98 pp |
| Q1 2026 | 2026-03-31 | 3.90% | +5.87 pp |
| Q4 2025 | 2025-12-31 | 3.73% | +2.82 pp |
| Q3 2025 | 2025-09-30 | 3.40% | +2.30 pp |
| Q2 2025 | 2025-06-30 | 2.39% | −0.16 pp |
| Q1 2025 | 2025-03-31 | −1.97% | −5.89 pp |
| Q4 2024 | 2024-12-31 | 0.91% | −2.48 pp |
| Q3 2024 | 2024-09-30 | 1.11% | −5.72 pp |
| Q2 2024 | 2024-06-30 | 2.55% | −3.08 pp |
| Q1 2024 | 2024-03-31 | 3.92% | −4.50 pp |
| Q4 2023 | 2023-12-31 | 3.39% | −4.06 pp |
| Q3 2023 | 2023-09-30 | 6.83% | +0.49 pp |
| Q2 2023 | 2023-06-30 | 5.63% | −3.45 pp |
| Q1 2023 | 2023-03-31 | 8.42% | +6.07 pp |
| Q4 2022 | 2022-12-31 | 7.46% | +4.65 pp |
| Q3 2022 | 2022-09-30 | 6.34% | +4.77 pp |
| Q2 2022 | 2022-06-30 | 9.09% | +8.50 pp |
| Q1 2022 | 2022-03-31 | 2.35% | +5.73 pp |
| Q4 2021 | 2021-12-31 | 2.81% | +4.97 pp |
| Q3 2021 | 2021-09-30 | 1.57% | +4.50 pp |
| Q2 2021 | 2021-06-30 | 0.58% | −11.47 pp |
| Q1 2021 | 2021-03-31 | −3.38% | +4.99 pp |
| Q4 2020 | 2020-12-31 | −2.16% | −5.96 pp |
| Q3 2020 | 2020-09-30 | −2.94% | −5.17 pp |
| Q2 2020 | 2020-06-30 | 12.05% | +9.94 pp |
| Q1 2020 | 2020-03-31 | −8.37% | −8.96 pp |
| Q4 2019 | 2019-12-31 | 3.80% | +0.49 pp |
| Q3 2019 | 2019-09-30 | 2.23% | −0.54 pp |
| Q2 2019 | 2019-06-30 | 2.12% | −0.61 pp |
| Q1 2019 | 2019-03-31 | 0.58% | −1.19 pp |
| Q4 2018 | 2018-12-31 | 3.31% | −5.67 pp |
| Q3 2018 | 2018-09-30 | 2.77% | −0.79 pp |
| Q2 2018 | 2018-06-30 | 2.72% | +0.26 pp |
| Q1 2018 | 2018-03-31 | 1.77% | +0.37 pp |
| Q4 2017 | 2017-12-31 | 8.98% | — |
| Q3 2017 | 2017-09-30 | 3.57% | — |
| Q2 2017 | 2017-06-30 | 2.46% | — |
| Q1 2017 | 2017-03-31 | 1.40% | — |
Valero Energy net profit margin trends
Over the last five fiscal years, Valero Energy's net profit margin increased from −2.19% to 1.91%, a change of +4.10 percentage points. The latest reported quarter, Q2 2026, shows 8.36%.
About the metric
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
Calculation and source
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-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 ...
