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

Valero Energy (VLO) has 16 years of Operating Expenses data on record, last reported at $2.4 billion in Q4 2025.

  • For Q4 2025, Operating Expenses rose 807.89% year-over-year to $2.4 billion; the TTM value through Dec 2025 reached $3.2 billion, up 237.36%, while the annual FY2025 figure was $3.3 billion, 16.81% up from the prior year.
  • Operating Expenses reached $2.4 billion in Q4 2025 per VLO's latest filing, up from $346.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.4 billion in Q4 2025 and bottomed at $176.0 million in Q2 2021.
  • Average Operating Expenses over 5 years is $445.7 million, with a median of $243.0 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: dropped 23.12% in 2024, then soared 807.89% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $1.9 billion in 2021, then tumbled by 88.96% to $214.0 million in 2022, then surged by 61.68% to $346.0 million in 2023, then decreased by 23.12% to $266.0 million in 2024, then skyrocketed by 807.89% to $2.4 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $2.4 billion in Q4 2025, $346.0 million in Q3 2025, and $220.0 million in Q2 2025.