Valero Energy (VLO) Tax Rate (2009 - 2026)
Valero Energy (VLO) posted Tax Rate of 21.17% for Q2 2026, down 8.45 percentage points from 29.62% a year earlier and down 2.10 percentage points from the prior quarter.
Valero Energy (VLO) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Valero Energy was 22.70%, up 13.61 percentage points year-over-year; for FY2025, it was 25.26%, up 6.55 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of +8.73 percentage points (FY2021 to FY2025).
- In prior years, Valero Energy's Tax Rate was 18.71% in FY2024 (-3.54 pp), 22.26% in FY2023 (-0.14 pp), 22.39% in FY2022 (+5.87 pp) and 16.53% in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Tax Rate since Q3 2024.
- On a year-over-year basis, Tax Rate increased in two of the last four quarters, with an average year-over-year change of +0.39 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2022, with a gain of 10.74 percentage points; the weakest was Q2 2022, with a drop of 14.70 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 23.27% (Q1 2026), 23.29% (Q4 2025) and 26.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 125.20 Bn | 108.95 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 109.03 Bn | 80.89 Bn | 9.41 Bn | 22.82% |
| 3 | HF Sinclair | 19.74 Bn | 12.02 Bn | 3.15 Bn | 23.86% |
| 4 | Sunoco | 9.45 Bn | 3.83 Bn | 1.46 Bn | 21.82% |
| 5 | PBF Energy | 8.92 Bn | 8.92 Bn | - | - |
| 6 | Ultrapar Holdings | 6.08 Bn | -1.15 Bn | 912.61 Mn | 51.44% |
| 7 | Cvr Energy | 5.64 Bn | 3.21 Bn | 117.00 Mn | 17.86% |
| 8 | Delek US Holdings | 4.32 Bn | 1.81 Bn | 365.10 Mn | 18.84% |
| 9 | Bw Lpg | 3.57 Bn | 2.55 Bn | - | - |
| 10 | Par Pacific Holdings | 3.49 Bn | 2.81 Bn | 852.68 Mn | 23.73% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.82% |
| 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% |
| 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% |
| Jun 30, 2021 | 36.66% |
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();