Like other oil and gas companies, refining giant Valero Energy enjoyed a snapback in revenue and earnings in 2021 as pandemic lockdowns eased. Valero has launched a number of low-carbon and renewable fuel projects in recent years, and has pledged to reduce emissions from its refining operations 63% from 2020 levels by 2025. The company’s Diamond Alternative Energy has taken some heat from environmentalists, however, for lobbying for renewable fuels over zero-emissions alternatives; Diamond is a plaintiff in a recent federal lawsuit against Environmental Protection Agency regulations designed to encourage the sale of electric vehicles.
Gabby Jones—Bloomberg/Getty Images

Company Information

As of 6/5/23
Country
U.S.
Headquarters
San Antonio
Industry
Petroleum Refining
CEO
Joseph W. Gorder
Company Type
Public
Ticker
VLO
Revenues ($M)
$171,189
Profits ($M)
$11,528
Market Value ($M)
$51,351
Employees
9,743
Excise taxes have been deducted. Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$108,332
80.2%
Profits ($M)
$930
-
Assets ($M)
$57,888
-
Total Stockholder Equity ($M)
$18,430
-

Profit Ratios

Profit as % of Revenues
0.9%
Profits as % of Assets
1.6%
Profits as % of Stockholder Equity
5%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
2.27
EPS % Change (from 2020)
-
EPS % Change (5 year annual rate)
-14.4%
EPS % Change (10 year annual rate)
-4.7%

Total Return

Total Return to Investors (2021)
40%
Total Return to Investors (5 year, annualized)
6.8%
Total Return to Investors (10 year, annualized)
18.8%

Valero Energy Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2021$60,115-41.5%$-1,421-158.7%$51,774$18,801
2020$102,729-7.8%$2,422-22.4%$53,864$21,803
2019$111,40726.0%$3,122-23.2%$50,155$21,667
2018$88,40726%$4,06577.6%$50,158$21,991
2017$70,166-14.2%$2,289-42.6%$46,173$20,024
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