Valero Energy (VLO) Net Margin (2009 - 2026)
Valero Energy (VLO) posted Net Margin of 9.16% for Q2 2026, up 124.31% on a QoQ basis from 4.08% in Q1 2026, and up 694.0% year-over-year from 1.15% in Q2 2025.
Powered by 
Analysis
Valero Energy (VLO) Net Margin (2009 - 2026) Analysis & Trends
Valero Energy has reported Net Margin for 18 years, with the latest figure at 9.16% in Q2 2026.
- On a quarterly basis, Net Margin rose 694.0% year-over-year to 9.16% in Q2 2026; TTM through Jun 2026 was 5.47%, a 486.0% increase from a year earlier, with the FY2025 full-year figure at 1.83%, down 48.0% from the prior year.
- Net Margin was 9.16% for Q2 2026 at Valero Energy, 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.
- Average Net Margin over 5 years is 4.49%, with a median of 3.97% recorded in 2025.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 818 bps in 2022, then sank 634 bps in 2025.
- Over 5 years, 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 jumped by 232 bps to 3.85% in 2025, then jumped by 138 bps to 9.16% in 2026.
- The last three Net Margin figures came in at 9.16% (Q2 2026), 4.08% (Q1 2026), and 3.85% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 9.16% |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 8.59% |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 1.98% |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 7.84% |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 8.45% |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 1.68% |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -12.59% |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 4.41% |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 15.59% |
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% |
API Access
Valero Energy Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();