Valero Energy VLO
NYSE VLO
$366.09 +4.10 (+1.13%)
At close: Sep 2, 2026 · 4:00 PM EDT

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Marathon Petroleum 112.01 Bn 104.24 Bn 9.27 Bn 43.06 Bn
2 Valero Energy 107.72 Bn 99.85 Bn 5.47 Bn 39.01 Bn
3 Phillips 66 102.68 Bn 98.59 Bn 8.38 Bn 43.66 Bn
4 HF Sinclair 19.04 Bn 16.78 Bn 1.57 Bn 8.82 Bn
5 Sunoco 10.45 Bn 9.67 Bn 1.46 Bn 12.80 Bn
6 PBF Energy 8.96 Bn 8.06 Bn 1.15 Bn 10.53 Bn
7 Ultrapar Holdings 7.64 Bn 5.53 Bn 912.61 Mn 7.29 Bn
8 Icahn Enterprises 4.53 Bn 2.56 Bn 198.00 Mn 2.88 Bn
9 Delek US Holdings 4.41 Bn 3.78 Bn 365.10 Mn 3.72 Bn
10 Cvr Energy 4.34 Bn 3.60 Bn 117.00 Mn 2.62 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 39.01 Bn
Mar 31, 2026 30.33 Bn
Dec 31, 2025 28.47 Bn
Sep 30, 2025 30.40 Bn
Jun 30, 2025 28.64 Bn
Mar 31, 2025 29.75 Bn
Dec 31, 2024 30.13 Bn
Sep 30, 2024 32.12 Bn
Jun 30, 2024 33.05 Bn
Mar 31, 2024 29.78 Bn
Dec 31, 2023 33.54 Bn
Sep 30, 2023 34.63 Bn
Jun 30, 2023 31.53 Bn
Mar 31, 2023 32.13 Bn
Dec 31, 2022 37.07 Bn
Sep 30, 2022 40.43 Bn
Jun 30, 2022 45.16 Bn
Mar 31, 2022 36.92 Bn
Dec 31, 2021 33.99 Bn
Sep 30, 2021 28.60 Bn