Valero Energy (VLO) FCF Margin (2009 - 2026)
Valero Energy (VLO) recorded quarterly FCF Margin of 3.51% in Q1 2026, down 24.16% quarter-over-quarter from 4.63% in Q4 2025, and up 48.0% on a YoY basis from 2.37% in Q1 2025.
Valero Energy (VLO) FCF Margin (2009 - 2026) Analysis & Trends
Valero Energy's FCF Margin history runs 18 years deep, the most recent figure standing at 3.51% for Q1 2026.
- In Q1 2026, FCF Margin rose 48.0% year-over-year to 3.51%; the TTM figure through Mar 2026 stood at 4.27% (down 31.0% YoY), while the FY2025 annual figure was 4.16%, down 98.0% from the prior year.
- FCF Margin was 3.51% for Q1 2026 at Valero Energy, down from 4.63% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 11.04% in Q4 2022 to a low of 1.49% in Q1 2022.
- Historically, FCF Margin has averaged 5.47% across 5 years, with a median of 4.78% in 2023.
- Biggest YoY gain for FCF Margin was 673 bps in 2023; the steepest drop was 769 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 11.04% in 2022, then plunged by 70 bps to 3.34% in 2023, then soared by 85 bps to 6.2% in 2024, then fell by 25 bps to 4.63% in 2025, then fell by 24 bps to 3.51% in 2026.
- The last three FCF Margin figures came in at 3.51% (Q1 2026), 4.63% (Q4 2025), and 5.83% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 0.60% |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 3.51% |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | -8.62% |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 4.98% |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 2.39% |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 34.92% |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | 12.83% |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | -4.39% |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 0.86% |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 10.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.51% |
| Dec 31, 2025 | 4.63% |
| Sep 30, 2025 | 5.83% |
| Jun 30, 2025 | 3.04% |
| Mar 31, 2025 | 3.03% |
| Dec 31, 2024 | 6.20% |
| Sep 30, 2024 | 3.31% |
| Jun 30, 2024 | 5.69% |
| Mar 31, 2024 | 5.41% |
| Dec 31, 2023 | 3.34% |
| Sep 30, 2023 | 8.70% |
| Jun 30, 2023 | 4.78% |
| Mar 31, 2023 | 8.22% |
| Dec 31, 2022 | 11.04% |
| Sep 30, 2022 | 4.09% |
| Jun 30, 2022 | 10.72% |
| Mar 31, 2022 | 1.49% |
| Dec 31, 2021 | 6.69% |
| Sep 30, 2021 | 4.83% |
| Jun 30, 2021 | 7.11% |