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Valero Energy (VLO) Operating Expenses (2016 - 2025)

Valero Energy has reported Operating Expenses over the past 17 years, most recently at $2.4 billion for Q4 2025.

  • Quarterly results put Operating Expenses at $2.4 billion for Q4 2025, up 807.89% from a year ago — trailing twelve months through Dec 2025 was $3.3 billion (up 247.76% YoY), and the annual figure for FY2025 was $3.3 billion, up 16.81%.
  • Operating Expenses for Q4 2025 was $2.4 billion at Valero Energy, up from $346.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for VLO hit a ceiling of $2.4 billion in Q4 2025 and a floor of $176.0 million in Q2 2021.
  • Median Operating Expenses over the past 5 years was $247.0 million (2023), compared with a mean of $440.0 million.
  • Biggest five-year swings in Operating Expenses: crashed 85.45% in 2022 and later surged 807.89% in 2025.
  • Valero Energy's Operating Expenses stood at $1.9 billion in 2021, then crashed by 85.45% to $282.0 million in 2022, then rose by 4.61% to $295.0 million in 2023, then decreased by 9.83% to $266.0 million in 2024, then surged by 807.89% to $2.4 billion in 2025.
  • The last three reported values for Operating Expenses were $2.4 billion (Q4 2025), $346.0 million (Q3 2025), and $320.0 million (Q2 2025) per Business Quant data.