Valero Energy (VLO) Net Margin (2009 - 2026)
Valero Energy (VLO) posted quarterly Net Margin of 9.16% for Q2 2026, up 694.0% year-over-year from 1.15% in Q2 2025, and up 124.31% quarter-over-quarter from 4.08% in Q1 2026.
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Analysis
Valero Energy (VLO) Net Margin (2009 - 2026) Analysis & Trends
Valero Energy's Net Margin history runs 17 years deep, the most recent figure standing at 9.16% for Q2 2026.
- In Q2 2026, Net Margin rose 694.0% year-over-year to 9.16%; the TTM figure through Jun 2026 stood at 5.47% (up 486.0% YoY), while the FY2025 annual figure was 1.83%, down 48.0% from the prior year.
- Net Margin for Q2 2026 stood at 9.16%, up from 4.08% in the prior quarter.
- The five-year high for Net Margin was 9.23% in Q2 2022, with the low at 2.15% in Q1 2025.
- The 5-year median for Net Margin is 3.97% (2025), against an average of 4.49%.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 818 bps in 2022, then sank 634 bps in 2025.
- Valero Energy's Net Margin stood at 7.74% in 2022, then sank by 56 bps to 3.44% in 2023, then tumbled by 66 bps to 1.16% in 2024, then surged by 232 bps to 3.85% in 2025, then surged by 138 bps to 9.16% in 2026.
- Business Quant data shows VLO's Net Margin at 9.16% in Q2 2026, 4.08% in Q1 2026, and 3.85% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 111.50 Bn | 103.73 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 107.64 Bn | 99.77 Bn | 5.47 Bn | 9.16% |
| 3 | Phillips 66 | 102.84 Bn | 98.74 Bn | 8.38 Bn | 7.45% |
| 4 | HF Sinclair | 18.98 Bn | 16.71 Bn | 1.57 Bn | 8.59% |
| 5 | Sunoco | 10.46 Bn | 9.69 Bn | 1.46 Bn | 1.98% |
| 6 | PBF Energy | 8.74 Bn | 7.85 Bn | 1.15 Bn | 7.84% |
| 7 | Ultrapar Holdings | 7.75 Bn | 5.63 Bn | 912.61 Mn | 43.25% |
| 8 | Icahn Enterprises | 4.57 Bn | 2.60 Bn | 198.00 Mn | -12.59% |
| 9 | Delek US Holdings | 4.29 Bn | 3.66 Bn | 365.10 Mn | 4.41% |
| 10 | Cvr Energy | 4.27 Bn | 3.53 Bn | 117.00 Mn | 1.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.16% |
| Mar 31, 2026 | 4.08% |
| Dec 31, 2025 | 3.85% |
| Sep 30, 2025 | 3.31% |
| Jun 30, 2025 | 2.22% |
| Mar 31, 2025 | -2.15% |
| Dec 31, 2024 | 1.16% |
| Sep 30, 2024 | 1.20% |
| Jun 30, 2024 | 2.68% |
| Mar 31, 2024 | 4.19% |
| Dec 31, 2023 | 3.44% |
| Sep 30, 2023 | 6.93% |
| Jun 30, 2023 | 6.15% |
| Mar 31, 2023 | 8.63% |
| Dec 31, 2022 | 7.74% |
| Sep 30, 2022 | 6.55% |
| Jun 30, 2022 | 9.23% |
| Mar 31, 2022 | 2.51% |
| Dec 31, 2021 | 3.09% |
| Sep 30, 2021 | 1.72% |