Valero Energy (VLO) Cost of Revenue (2009 - 2026)

Valero Energy (VLO) posted quarterly Cost of Revenue of $39.0 billion for Q2 2026, up 36.2% year-over-year from $28.6 billion in Q2 2025, and up 28.61% quarter-over-quarter from $30.3 billion in Q1 2026.

Valero Energy (VLO) Cost of Revenue (2009 - 2026) Analysis & Trends

Valero Energy's Cost of Revenue history runs 18 years deep, the most recent figure standing at $39.0 billion for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 36.2% year-over-year to $39.0 billion; the TTM figure through Jun 2026 stood at $128.2 billion (up 6.27% YoY), while the FY2025 annual figure was $117.3 billion, down 6.25% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $39.0 billion, up from $30.3 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $45.2 billion in Q2 2022, with the low at $28.5 billion in Q4 2025.
  • The 5-year median for Cost of Revenue is $32.1 billion (2023), against an average of $33.5 billion.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 74.05% in 2022, then slumped 30.19% in 2023.
  • Valero Energy's Cost of Revenue stood at $37.1 billion in 2022, then dropped by 9.52% to $33.5 billion in 2023, then declined by 10.18% to $30.1 billion in 2024, then declined by 5.51% to $28.5 billion in 2025, then jumped by 37.02% to $39.0 billion in 2026.
  • Business Quant data shows VLO's Cost of Revenue at $39.0 billion in Q2 2026, $30.3 billion in Q1 2026, and $28.5 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Marathon Petroleum 96.11 Bn 88.34 Bn 9.27 Bn 43.06 Bn
2 Valero Energy 94.96 Bn 87.09 Bn 5.47 Bn 39.01 Bn
3 Phillips 66 89.24 Bn 85.15 Bn 8.38 Bn 43.66 Bn
4 HF Sinclair 15.54 Bn 13.28 Bn 1.57 Bn 8.82 Bn
5 Sunoco 10.06 Bn 9.29 Bn 1.46 Bn 12.80 Bn
6 PBF Energy 8.22 Bn 7.33 Bn 1.15 Bn 10.53 Bn
7 Cosan 6.58 Bn 1.47 Bn 552.94 Mn 1.23 Bn
8 Ultrapar Holdings 6.41 Bn 4.69 Bn 603.08 Mn 6.38 Bn
9 Icahn Enterprises 5.05 Bn 3.08 Bn 198.00 Mn 2.88 Bn
10 Delek US Holdings 3.91 Bn 3.28 Bn 365.10 Mn 3.72 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 39.01 Bn
Jun 30, 2026 39.01 Bn
Mar 31, 2026 24.00 Mn
Mar 31, 2026 24.00 Mn
Dec 31, 2025 1.69 Bn
Dec 31, 2025 1.69 Bn
Sep 30, 2025 27.96 Bn
Sep 30, 2025 27.96 Bn
Jun 30, 2025 1.52 Bn
Jun 30, 2025 1.52 Bn
Mar 31, 2025 4.00 Mn
Mar 31, 2025 4.00 Mn
Dec 31, 2024 22.03 Bn
Dec 31, 2024 22.03 Bn
Sep 30, 2024 32.12 Bn
Sep 30, 2024 32.12 Bn
Jun 30, 2024 3.00 Mn
Jun 30, 2024 3.00 Mn
Mar 31, 2024 29.78 Bn
Mar 31, 2024 29.78 Bn