Valero Energy (VLO) Tax Rate (2009 - 2026)
Valero Energy (VLO) posted quarterly Tax Rate of 21.17% for Q2 2026, down 845.0% year-over-year from 2.84% in Q2 2025, and down 9.03% quarter-over-quarter from 23.27% in Q1 2026.
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Analysis
Valero Energy (VLO) Tax Rate (2009 - 2026) Analysis & Trends
Valero Energy's Tax Rate history runs 18 years deep, the most recent figure standing at 21.17% for Q2 2026.
- In Q2 2026, Tax Rate fell 845.0% year-over-year to 21.17%; the TTM figure through Jun 2026 stood at 22.7% (up 1361.0% YoY), while the FY2025 annual figure was 25.26%, up 655.0% from the prior year.
- Tax Rate for Q2 2026 stood at 21.17%, 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.
- The 5-year median for Tax Rate is 21.93% (2022), against an average of 21.29%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 3189 bps in 2024, then surged 3382 bps in 2025.
- Valero Energy's Tax Rate stood at 23.95% in 2022, then retreated by 11 bps to 21.37% in 2023, then sank by 149 bps to 10.53% in 2024, then surged by 321 bps to 23.29% in 2025, then declined by 9 bps to 21.17% in 2026.
- Business Quant data shows VLO's Tax Rate at 21.17% in Q2 2026, 23.27% in Q1 2026, and 23.29% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 21.17% |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 21.97% |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 23.81% |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 21.82% |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 25.56% |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 26.90% |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | -0.52% |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 18.84% |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 17.86% |
Historic Data
Download Data
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% |