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  • Previous Rank83
  • Revenues ($M)$70,166
  • Revenue Percent Change-14.2%
  • Profits ($M)$2,289
  • Profits Percent Change-42.6%
  • Assets ($M)$46,173
  • Employees9,996

The largest independent refiner in the U.S. operates more than a dozen refineries around the world, capable of running through more than three million barrels of oil per day. Profits and revenue have softened in recent years, however, particularly as Valero can no longer cash in on a surplus of oil in the U.S. Oil isn’t its only business, though: Valero also holds renewable assets and is one of the largest producers of ethanol, making well over a billion gallons of the fuel per year.

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Company Information

Joseph W. Gorder
Petroleum Refining
HQ Location
San Antonio, TX
Years on Global 500 List17

Valero Energy Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$70,166-14.2%
Profits ($M)$2,289-42.6%
Assets ($M)$46,173-
Total Stockholder Equity ($M)$20,024-

Profit Ratios

Profit as % of Revenues3.3%
Profits as % of Assets5%
Profits as % of Stockholder Equity11.4%