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Valero Energy revenue

Valero Energy's revenue was $122.69bn in fiscal 2025, down 5.5% on the year before. Since fiscal 2016 ($75.66bn) it has grown at a compound 5.5% a year. Over the last twelve months it was $153.33bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue75.794.0117.0108.364.9114.0176.4144.8129.9122.7153.3
Growth on the year before—+24.2%+24.5%−7.4%−40.1%+75.6%+54.8%−17.9%−10.3%−5.5%—
Gross profit4.34.55.64.8−0.73.116.812.94.85.418.8
Gross margin5.7%4.8%4.8%4.4%−1.1%2.7%9.5%8.9%3.7%4.4%12.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Refining $116B 94.7% ▼ 6.2%
Ethanol $4B 3.3% ▲ 11.1%
Renewable Diesel $2.5B 2.0% ▲ 4.1%
Geography
Region Revenue Share YoY
United States $87.8B 71.6% ▼ 5.9%
United Kingdom and Ireland $15.8B 12.9% ▲ 3.9%
Canada $8.1B 6.6% ▼ 5.1%
Other Countries $5.7B 4.7% ▼ 22.0%
Mexico and Peru $5.2B 4.2% ▼ 4.4%

From Valero Energy's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Oil & Gas Refining & Marketing: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Valero Energy $153.33bn 24.6% 0.5%
Marathon Petroleum $153.58bn 15.0% -0.7%
Phillips 66 $168.19bn 27.5% 4.0%
World Kinect Corp $45.58bn 21.1% -2.8%
PBF Energy Inc. $38.85bn 31.5% -1.0%
HF Sinclair Corp $34.83bn 29.5% 1.5%

Compare with peers

Head to head: MPC vs VLOPSX vs VLOVLO vs WKC

More: Oil & Gas Refining & Marketing stocks compared, Energy sector, rankings of US companies

Figures from Valero Energy's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Valero Energy.