Valero Energy (VLO) Net Margin (2009 - 2026)
Valero Energy (VLO) recorded quarterly Net Margin of 4.08% in Q1 2026, up 6.07% quarter-over-quarter from 3.85% in Q4 2025, and up 624.0% on a YoY basis from 0.56% in Q1 2025.
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 4.08% for Q1 2026.
- In Q1 2026, Net Margin rose 624.0% year-over-year to 4.08%; the TTM figure through Mar 2026 stood at 3.38% (up 258.0% YoY), while the FY2025 annual figure was 1.83%, down 48.0% from the prior year.
- Net Margin was 4.08% for Q1 2026 at Valero Energy, up from 3.85% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 9.23% in Q2 2022 to a low of 2.15% in Q1 2025.
- Historically, Net Margin has averaged 4.22% across 5 years, with a median of 3.85% in 2025.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 818 bps in 2022, then slumped 634 bps in 2025.
- A 5-year view of Net Margin shows it stood at 7.74% in 2022, then slumped by 56 bps to 3.44% in 2023, then plunged by 66 bps to 1.16% in 2024, then soared by 232 bps to 3.85% in 2025, then advanced by 6 bps to 4.08% in 2026.
- The last three Net Margin figures came in at 4.08% (Q1 2026), 3.85% (Q4 2025), and 3.31% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | -16.85% |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 4.08% |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 0.66% |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 9.13% |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 6.02% |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | -60.36% |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | -25.52% |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 2.53% |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | -8.08% |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | -0.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 1.05% |