Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $122.69B | $129.88B | $144.77B | $176.38B | $113.98B | $64.91B | $108.32B | $117.03B | $93.98B | $75.66B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross profit | $5.43B | $4.80B | $12.93B | $16.80B | $3.13B | −$740.0M | $4.78B | $5.59B | $4.50B | $4.35B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross margin | 4.43% | 3.70% | 8.93% | 9.52% | 2.75% | −1.14% | 4.41% | 4.78% | 4.79% | 5.75% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating expenses | $2.25B | $1.05B | $1.07B | $1.11B | $999.0M | $839.0M | $942.0M | $1.02B | $942.0M | $813.0M | $4.24B | $4.39B | $4.32B | N/A | N/A | N/A | $3.31B | $4.05B | $3.67B |
| Operating income | $3.18B | $3.75B | $11.86B | $15.69B | $2.13B | −$1.58B | $3.84B | $4.57B | $3.56B | $3.53B | $6.36B | $5.90B | $3.96B | $5.04B | $3.68B | $1.88B | $83.0M | $761.0M | $6.63B |
| Operating margin | 2.59% | 2.89% | 8.19% | 8.90% | 1.87% | −2.43% | 3.54% | 3.91% | 3.79% | 4.67% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBITDA | $6.34B | $6.53B | $14.56B | $18.16B | $4.54B | $772.0M | $6.09B | $6.64B | $5.55B | $5.43B | $8.20B | $7.59B | $5.68B | $6.62B | $5.21B | $3.28B | $1.44B | $2.12B | $7.87B |
| EBITDA margin | 5.17% | 5.03% | 10.06% | 10.30% | 3.98% | 1.19% | 5.62% | 5.67% | 5.90% | 7.17% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net income | $2.35B | $2.77B | $8.84B | $11.53B | $930.0M | −$1.42B | $2.42B | $3.12B | $4.07B | $2.29B | $3.99B | $3.63B | $2.72B | $2.08B | $2.09B | $324.0M | −$1.98B | −$1.13B | $5.23B |
| Net profit margin | 1.91% | 2.13% | 6.10% | 6.54% | 0.82% | −2.19% | 2.24% | 2.67% | 4.33% | 3.03% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Basic EPSper basic share | $7.57 | $8.58 | $24.93 | $29.05 | $2.27 | -$3.50 | $5.84 | $7.30 | $9.17 | $4.94 | $8.00 | $6.88 | $4.99 | $3.77 | $3.69 | $0.57 | -$3.67 | -$2.16 | $9.24 |
| Diluted EPSper diluted share | $7.57 | $8.58 | $24.92 | $29.04 | $2.27 | -$3.50 | $5.84 | $7.29 | $9.16 | $4.94 | $7.99 | $6.85 | $4.97 | $3.75 | $3.68 | $0.57 | -$3.67 | -$2.16 | $8.88 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈8.73%25.14M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈6.74%19.39M shares |
STATE STREET CORP | ≈6.57%18.9M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.16%14.85M shares |
FMR LLC | ≈2.95%8.5M shares |
MORGAN STANLEY | ≈2.79%8.04M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.52%7.27M shares |
NORGES BANK | ≈2.22%6.4M shares |
FRANKLIN RESOURCES INC | ≈2.20%6.33M shares |
AMERIPRISE FINANCIAL INC | ≈1.81%5.22M shares |
BANK OF AMERICA CORP /DE/ | ≈1.59%4.59M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | ≈1.36%3.92M shares |
BARCLAYS PLC | ≈1.17%3.38M shares |
NORTHERN TRUST CORP | ≈1.14%3.27M shares |
Invesco Ltd. | ≈0.99%2.85M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | ≈0.95%2.75M shares |
Bank of New York Mellon Corp | ≈0.92%2.65M shares |
DIMENSIONAL FUND ADVISORS LP | ≈0.91%2.63M shares |
GOLDMAN SACHS GROUP INC | ≈0.90%2.6M shares |
Nuveen, LLC | ≈0.87%2.5M shares |
Percentages use 287.93M shares of this listed class outstanding on Jul 24, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 29, 2026Form 4 | Fisher Eric ASVP | SellCommon Stock | 7.5K | $268.17 | $2.01M | 19.7K |
| Jun 18, 2026Form 4 | Fisher Eric ASVP | SellCommon Stock | 7.5K | $236.90 | $1.78M | 27.2K |
| May 18, 2026Form 4 | Fisher Eric ASVP | SellCommon Stock | 7.5K | $251.61 | $1.89M | 34.7K |
| Mar 12, 2026Form 4 | Fisher Eric ASVP | SellCommon Stock · indirect | 200 | $238.47 | $47.7K | 0 |
| Mar 12, 2026Form 4 | Fisher Eric ASVP | SellCommon Stock · indirect | 200 | $238.73 | $47.7K | 0 |
Valero ($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 ...