Valero Energy (VLO) Tax Rate (2009 - 2026)
Valero Energy (VLO) recorded quarterly Tax Rate of 23.27% in Q1 2026, little changed quarter-over-quarter from 23.29% in Q4 2025, and down 563.0% on a YoY basis from 5.03% in Q1 2025.
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 23.27% for Q1 2026.
- In Q1 2026, Tax Rate fell 563.0% year-over-year to 23.27%; the TTM figure through Mar 2026 stood at 25.24% (up 1850.0% YoY), while the FY2025 annual figure was 25.26%, up 655.0% from the prior year.
- Tax Rate was 23.27% for Q1 2026 at Valero Energy, roughly flat from 23.29% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 29.62% in Q2 2025 to a low of 10.53% in Q4 2024.
- Historically, Tax Rate has averaged 21.29% across 5 years, with a median of 21.96% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 3189 bps in 2024, then soared 3382 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 23.95% in 2022, then decreased by 11 bps to 21.37% in 2023, then slumped by 149 bps to 10.53% in 2024, then soared by 321 bps to 23.29% in 2025, then declined by 0 bps to 23.27% in 2026.
- The last three Tax Rate figures came in at 23.27% (Q1 2026), 23.29% (Q4 2025), and 26.79% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 78.23 Bn | 82.75 Bn | 3.31 Bn | 17.70% |
| 2 | Valero Energy | 77.00 Bn | 74.33 Bn | 30.79 Bn | 23.27% |
| 3 | Phillips 66 | 73.63 Bn | 69.64 Bn | 31.12 Bn | 15.77% |
| 4 | HF Sinclair | 13.07 Bn | 11.99 Bn | 1.19 Bn | 22.53% |
| 5 | Sunoco | 8.99 Bn | 8.28 Bn | 1.69 Bn | 5.15% |
| 6 | Cosan | 5.11 Bn | 241.14 Mn | 552.94 Mn | - |
| 7 | Icahn Enterprises | 4.75 Bn | 3.45 Bn | -134.00 Mn | 8.01% |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 22.55% |
| 9 | Cvr Energy | 3.33 Bn | 3.02 Bn | -103.00 Mn | 15.34% |
| 10 | Delek US Holdings | 2.92 Bn | 2.55 Bn | -130.20 Mn | 23.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.27% |
| Mar 31, 2026 | 23.27% |
| Dec 31, 2025 | 23.29% |
| Dec 31, 2025 | 23.29% |
| Sep 30, 2025 | 26.79% |
| Sep 30, 2025 | 26.79% |
| Jun 30, 2025 | 29.62% |
| Jun 30, 2025 | 29.62% |
| Mar 31, 2025 | 28.90% |
| Mar 31, 2025 | 28.90% |
| Dec 31, 2024 | -10.53% |
| Dec 31, 2024 | -10.53% |
| Sep 30, 2024 | 19.63% |
| Sep 30, 2024 | 19.63% |
| Jun 30, 2024 | 23.03% |
| Jun 30, 2024 | 23.03% |
| Mar 31, 2024 | 20.97% |
| Mar 31, 2024 | 20.97% |
| Dec 31, 2023 | 21.37% |
| Dec 31, 2023 | 21.37% |