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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |