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Valero Energy

Valero Energy (NYSE: VLO) net income

Valero Energy reported a net profit of $2,348m for fiscal 2025, 15.2% less than in fiscal 2024 ($2,770m). Its net margin was 1.9%. Earnings per share were $7.57.

Net income, in millions of US dollars2,28920164,06520173,12220182,4222019-1,4212020930.0202111,52820228,83520232,77020242,3482025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$2,348m−15.2%1.9%$7.57
2024$2,770m−68.6%2.1%$8.58
2023$8,835m−23.4%6.1%$24.93
2022$11,528m+1,139.6%6.5%$29.05
2021$930.0m—0.8%$2.27
2020−$1,421m−158.7%−2.2%−$3.50
2019$2,422m−22.4%2.2%$5.84
2018$3,122m−23.2%2.7%$7.30
2017$4,065m+77.6%4.3%$9.17
2016$2,289m—3.0%$4.94

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of Valero Energy

How much did Valero Energy earn in fiscal 2025?
Valero Energy reported a net profit of $2,348m for fiscal 2025. In fiscal 2024 it reported a net profit of $2,770m.
What are the earnings per share of Valero Energy?
They were $7.57 in fiscal 2025, compared with $8.58 in fiscal 2024.
What is the net margin of Valero Energy?
In fiscal 2025 its net profit was 1.9% of its revenue.
What was the most profitable year for Valero Energy?
Of its last 10 fiscal years, fiscal 2022, with $11,528m.
Where do the figures for Valero Energy come from?
From the annual report (Form 10-K) that Valero Energy files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that Valero Energy files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Valero Energy: the Valero Energy page · annual accounts · revenue · dividends paid · insider transactions.

Dividend per share of Valero Energy by fiscal year, with the filing behind every figure: Valero Energy dividend history.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.