Valero Energy (VLO) Capital Expenditures (2009 - 2026)
Valero Energy (VLO) posted Capital Expenditures of $124 million for Q2 2026, down 51.8% from $257 million a year earlier and down 56.2% from the prior quarter.
Valero Energy (VLO) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Valero Energy was $829 million, down 26.6% year-over-year; for FY2025, it came in at $1.09 billion, down 5.3% from FY2024.
- Annual Capital Expenditures shows a four-year compound annual growth rate of -10.1% (FY2021 to FY2025).
- In prior years, Valero Energy's Capital Expenditures was $1.15 billion in FY2024 (+14.4%), $1.01 billion in FY2023 (-40.2%), $1.68 billion in FY2022 (+1.0%) and $1.67 billion in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Capital Expenditures since Q2 2020.
- On a year-over-year basis, Capital Expenditures has declined in each of the last three quarters, with an average decline of 10.6% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2024, with growth of 74.0%; the weakest was Q3 2023, with a decline of 62.4%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $283 million (Q1 2026), $190 million (Q4 2025) and $232 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 1.19 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 124.00 Mn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 118.00 Mn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 127.10 Mn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 173.00 Mn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 619,998.20 |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 43.00 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 173.80 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | 80.00 Mn |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 39.71 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 124.00 Mn |
| Mar 31, 2026 | 283.00 Mn |
| Dec 31, 2025 | 190.00 Mn |
| Sep 30, 2025 | 232.00 Mn |
| Jun 30, 2025 | 257.00 Mn |
| Mar 31, 2025 | 410.00 Mn |
| Dec 31, 2024 | 244.00 Mn |
| Sep 30, 2024 | 219.00 Mn |
| Jun 30, 2024 | 226.00 Mn |
| Mar 31, 2024 | 461.00 Mn |
| Dec 31, 2023 | 284.00 Mn |
| Sep 30, 2023 | 174.00 Mn |
| Jun 30, 2023 | 282.00 Mn |
| Mar 31, 2023 | 265.00 Mn |
| Dec 31, 2022 | 417.00 Mn |
| Sep 30, 2022 | 463.00 Mn |
| Jun 30, 2022 | 342.00 Mn |
| Mar 31, 2022 | 459.00 Mn |
| Dec 31, 2021 | 508.00 Mn |
| Sep 30, 2021 | 463.00 Mn |
Valero Energy Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=VLO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "VLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=VLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();