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
DateValue
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%