Valero Energy (VLO) Gross Margin (2009 - 2025)
Valero Energy (VLO) posted annual Gross Margin of 4.43% for FY2025, up 19.68% year-over-year from 3.7% in FY2024.
Valero Energy (VLO) Gross Margin (2009 - 2025) Analysis & Trends
Valero Energy's Gross Margin history runs 17 years deep, the most recent figure standing at 4.43% for FY2025.
- In Q2 2026, Gross Margin rose 812.0% year-over-year to 12.3%; the TTM figure through Jun 2026 stood at 8.03% (up 550.0% YoY), while the FY2025 annual figure was 4.43%, up 73.0% from the prior year.
- Gross Margin for FY2025 stood at 4.43%, up from 3.7% in the prior year.
- The five-year high for Gross Margin was 9.52% in FY2022, with the low at 2.75% in FY2021.
- The 5-year median for Gross Margin is 4.43% (2025), against an average of 5.87%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 678 bps in 2022, then slumped 523 bps in 2024.
- Valero Energy's Gross Margin stood at 2.75% in 2021, then jumped by 247 bps to 9.52% in 2022, then slipped by 6 bps to 8.93% in 2023, then sank by 59 bps to 3.7% in 2024, then rose by 20 bps to 4.43% in 2025.
- Business Quant data shows VLO's Gross Margin at 4.43% in FY2025, 3.7% in FY2024, and 8.93% in FY2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 103.65 Bn | 95.88 Bn | 9.27 Bn | - |
| 2 | Valero Energy | 101.59 Bn | 93.71 Bn | 5.47 Bn | - |
| 3 | Phillips 66 | 96.27 Bn | 92.17 Bn | 8.38 Bn | - |
| 4 | HF Sinclair | 16.88 Bn | 14.62 Bn | 1.57 Bn | - |
| 5 | PBF Energy | 8.21 Bn | 7.32 Bn | 1.15 Bn | - |
| 6 | Ultrapar Holdings | 7.20 Bn | 5.09 Bn | 912.61 Mn | - |
| 7 | Delek US Holdings | 4.07 Bn | 3.45 Bn | 365.10 Mn | - |
| 8 | Cvr Energy | 3.82 Bn | 3.09 Bn | 117.00 Mn | - |
| 9 | Par Pacific Holdings | 3.63 Bn | 3.45 Bn | 852.68 Mn | - |
| 10 | World Kinect | 1.83 Bn | 1.61 Bn | 365.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.99% |
| Dec 31, 2024 | 14.83% |
| Dec 31, 2023 | -1,935.85% |
| Dec 31, 2022 | -2,802.77% |
| Dec 31, 2021 | 9.88% |
| Dec 31, 2020 | -1,128.54% |
| Dec 31, 2019 | 12.99% |
| Dec 31, 2018 | 4.78% |
| Dec 31, 2017 | 4.79% |
| Dec 31, 2016 | 5.75% |
| Dec 31, 2015 | 8.10% |
| Dec 31, 2014 | 9.71% |
| Dec 31, 2013 | 7.79% |
| Dec 31, 2012 | 99.50% |
| Dec 31, 2011 | 8.15% |
| Dec 31, 2010 | 9.45% |
| Dec 31, 2009 | 9.15% |