Valero Energy (VLO) Tax Rate (2009 - 2026)
Valero Energy (VLO) posted Tax Rate of 21.17% for Q2 2026, down 9.03% on a QoQ basis from 23.27% in Q1 2026, and down 845.0% year-over-year from 2.84% in Q2 2025.
Valero Energy (VLO) Tax Rate (2009 - 2026) Analysis & Trends
Valero Energy has reported Tax Rate for 18 years, with the latest figure at 21.17% in Q2 2026.
- On a quarterly basis, Tax Rate fell 845.0% year-over-year to 21.17% in Q2 2026; TTM through Jun 2026 was 22.7%, a 1361.0% increase from a year earlier, with the FY2025 full-year figure at 25.26%, up 655.0% from the prior year.
- Tax Rate was 21.17% for Q2 2026 at Valero Energy, down from 23.27% in the prior quarter.
- The five-year high for Tax Rate was 29.62% in Q2 2025, with the low at 10.53% in Q4 2024.
- Average Tax Rate over 5 years is 21.29%, with a median of 21.93% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 3189 bps in 2024, then jumped 3382 bps in 2025.
- Over 5 years, Tax Rate stood at 23.95% in 2022, then slipped by 11 bps to 21.37% in 2023, then sank by 149 bps to 10.53% in 2024, then jumped by 321 bps to 23.29% in 2025, then retreated by 9 bps to 21.17% in 2026.
- The last three Tax Rate figures came in at 21.17% (Q2 2026), 23.27% (Q1 2026), and 23.29% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 21.17% |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 23.81% |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 21.82% |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 25.56% |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 26.90% |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 17.86% |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -0.52% |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 18.84% |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 23.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.17% |
| Mar 31, 2026 | 23.27% |
| Dec 31, 2025 | 23.29% |
| Sep 30, 2025 | 26.79% |
| Jun 30, 2025 | 29.62% |
| Mar 31, 2025 | 28.90% |
| Dec 31, 2024 | -10.53% |
| Sep 30, 2024 | 19.63% |
| Jun 30, 2024 | 23.03% |
| Mar 31, 2024 | 20.97% |
| Dec 31, 2023 | 21.37% |
| Sep 30, 2023 | 23.39% |
| Jun 30, 2023 | 21.90% |
| Mar 31, 2023 | 21.86% |
| Dec 31, 2022 | 23.95% |
| Sep 30, 2022 | 21.89% |
| Jun 30, 2022 | 21.96% |
| Mar 31, 2022 | 20.67% |
| Dec 31, 2021 | 13.21% |
| Sep 30, 2021 | 11.34% |
Valero Energy Tax Rate 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=tax-rate&ticker=VLO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=VLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();