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Valero Energy (VLO) Operating Expenses (2016 - 2026)

Valero Energy has reported Operating Expenses over the past 18 years, most recently at $385.0 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 47.51% year-over-year to $385.0 million; the TTM value through Mar 2026 reached $3.5 billion, up 259.54%, while the annual FY2025 figure was $3.3 billion, 16.81% up from the prior year.
  • Operating Expenses for Q1 2026 was $385.0 million at Valero Energy, down from $2.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.4 billion in Q4 2025 and troughed at $203.0 million in Q2 2024.
  • A 5-year average of $389.4 million and a median of $258.0 million in 2024 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: plummeted 85.45% in 2022 and later soared 807.89% in 2025.
  • Year by year, Operating Expenses stood at $282.0 million in 2022, then grew by 4.61% to $295.0 million in 2023, then fell by 9.83% to $266.0 million in 2024, then soared by 807.89% to $2.4 billion in 2025, then tumbled by 84.06% to $385.0 million in 2026.
  • Business Quant data shows Operating Expenses for VLO at $385.0 million in Q1 2026, $2.4 billion in Q4 2025, and $346.0 million in Q3 2025.