Valero Energy (VLO) Operating Income (2009 - 2026)
Valero Energy's Operating Income came in at $9.07 billion for Q3 2026, up 501.3% from $1.51 billion a year earlier and up 74.6% from the prior quarter.
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Analysis
Valero Energy (VLO) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Valero Energy reported Operating Income of $17.58 billion, up 799.4% year-over-year; for FY2025, it was $3.18 billion, down 15.3% from FY2024.
- Operating Income has declined in each of the last three years.
- Going back by year, Operating Income was $3.76 billion in FY2024 (-68.3%), $11.86 billion in FY2023 (-24.4%), $15.69 billion in FY2022 (+636.6%) and $2.13 billion in FY2021.
- The Q3 2026 figure represents the highest quarterly Operating Income in data going back to Q1 2009.
- Year-over-year, Operating Income increased in four of the last six quarters, with growth averaging 229.5%.
- The fastest year-over-year change in Operating Income over five years came in Q3 2026 (growth of 501.3%), and the weakest in Q3 2024 (a decline of 85.5%).
- Business Quant data shows VLO's Operating Income at $5.2 billion (Q2 2026), $1.73 billion (Q1 2026) and $1.58 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 125.20 Bn | 108.95 Bn | 9.27 Bn | 7.32 Bn |
| 2 | Valero Energy | 109.03 Bn | 80.89 Bn | 9.41 Bn | 9.07 Bn |
| 3 | HF Sinclair | 19.74 Bn | 12.02 Bn | 3.15 Bn | 2.67 Bn |
| 4 | Sunoco | 9.45 Bn | 3.83 Bn | 1.46 Bn | 583.00 Mn |
| 5 | PBF Energy | 8.92 Bn | 8.92 Bn | - | 2.10 Bn |
| 6 | Ultrapar Holdings | 6.08 Bn | -1.15 Bn | 912.61 Mn | 594.71 Mn |
| 7 | Cvr Energy | 5.64 Bn | 3.21 Bn | 117.00 Mn | 78.00 Mn |
| 8 | Delek US Holdings | 4.32 Bn | 1.81 Bn | 365.10 Mn | 302.40 Mn |
| 9 | Bw Lpg | 3.57 Bn | 2.55 Bn | - | 140.37 Mn |
| 10 | Par Pacific Holdings | 3.49 Bn | 2.81 Bn | 852.68 Mn | 634.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.07 Bn |
| Jun 30, 2026 | 5.20 Bn |
| Mar 31, 2026 | 1.73 Bn |
| Dec 31, 2025 | 1.58 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 997.00 Mn |
| Mar 31, 2025 | -900.00 Mn |
| Dec 31, 2024 | 348.00 Mn |
| Sep 30, 2024 | 507.00 Mn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.68 Bn |
| Dec 31, 2023 | 1.55 Bn |
| Sep 30, 2023 | 3.50 Bn |
| Jun 30, 2023 | 2.76 Bn |
| Mar 31, 2023 | 4.04 Bn |
| Dec 31, 2022 | 4.30 Bn |
| Sep 30, 2022 | 3.79 Bn |
| Jun 30, 2022 | 6.22 Bn |
| Mar 31, 2022 | 1.38 Bn |
| Dec 31, 2021 | 1.59 Bn |
API Access
Valero Energy Operating Income 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=operating-income&ticker=VLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=VLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();