KPIs & Operating Metrics(New)
Growth Metrics

Valero Energy (VLO) Net Margin (2016 - 2025)

Valero Energy has reported Net Margin over the past 16 years, most recently at 3.85% for Q4 2025.

  • Quarterly results put Net Margin at 3.85% for Q4 2025, up 269.0% from a year ago — trailing twelve months through Dec 2025 was 1.83% (down 48.0% YoY), and the annual figure for FY2025 was 1.83%, down 48.0%.
  • Net Margin for Q4 2025 was 3.85% at Valero Energy, up from 3.31% in the prior quarter.
  • Over the last five years, Net Margin for VLO hit a ceiling of 9.23% in Q2 2022 and a floor of 2.99% in Q1 2021.
  • Median Net Margin over the past 5 years was 3.2% (2021), compared with a mean of 3.53%.
  • Biggest five-year swings in Net Margin: tumbled -1179bps in 2021 and later soared 818bps in 2022.
  • Valero Energy's Net Margin stood at 3.09% in 2021, then skyrocketed by 150bps to 7.74% in 2022, then tumbled by -56bps to 3.44% in 2023, then tumbled by -66bps to 1.16% in 2024, then skyrocketed by 232bps to 3.85% in 2025.
  • The last three reported values for Net Margin were 3.85% (Q4 2025), 3.31% (Q3 2025), and 2.22% (Q2 2025) per Business Quant data.