Valero Energy (VLO) Shares Outstanding (Diluted Average) (2009 - 2026)

Valero Energy (VLO) recorded quarterly Shares Outstanding (Diluted Average) of $298.0 million in Q1 2026, down 3.56% quarter-over-quarter from $309.0 million in Q4 2025, and down 5.1% on a YoY basis from $314.0 million in Q1 2025.

Valero Energy (VLO) Shares Outstanding (Diluted Average) (2009 - 2026) Analysis & Trends

Valero Energy's Shares Outstanding (Diluted Average) history runs 18 years deep, the most recent figure standing at $298.0 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Diluted Average) fell 5.1% year-over-year to $298.0 million; the TTM figure through Mar 2026 stood at $298.0 million (down 5.1% YoY), while the FY2025 annual figure was $309.0 million, down 4.04% from the prior year.
  • Shares Outstanding (Diluted Average) was $298.0 million for Q1 2026 at Valero Energy, down from $309.0 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $408.0 million in Q1 2022 to a low of $298.0 million in Q1 2026.
  • Historically, Shares Outstanding (Diluted Average) has averaged $345.9 million across 5 years, with a median of $331.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Shares Outstanding (Diluted Average) increased 0.25% in 2022, then fell 12.97% in 2023.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $396.0 million in 2022, then fell by 10.86% to $353.0 million in 2023, then slipped by 8.78% to $322.0 million in 2024, then fell by 4.04% to $309.0 million in 2025, then dropped by 3.56% to $298.0 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $298.0 million (Q1 2026), $309.0 million (Q4 2025), and $309.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 295.00 Mn
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 298.00 Mn
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 403.27 Mn
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 180.65 Mn
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 137.55 Mn
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn -
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn 637.00 Mn
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 120.58 Mn
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 100.50 Mn
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn 60.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 298.00 Mn
Dec 31, 2025 309.00 Mn
Sep 30, 2025 309.00 Mn
Jun 30, 2025 313.00 Mn
Mar 31, 2025 314.00 Mn
Dec 31, 2024 322.00 Mn
Sep 30, 2024 318.00 Mn
Jun 30, 2024 327.00 Mn
Mar 31, 2024 331.00 Mn
Dec 31, 2023 353.00 Mn
Sep 30, 2023 349.00 Mn
Jun 30, 2023 358.00 Mn
Mar 31, 2023 369.00 Mn
Dec 31, 2022 396.00 Mn
Sep 30, 2022 401.00 Mn
Jun 30, 2022 406.00 Mn
Mar 31, 2022 408.00 Mn
Dec 31, 2021 407.00 Mn
Sep 30, 2021 407.00 Mn
Jun 30, 2021 407.00 Mn