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 five-year change of -19.67 percentage points (FY2020 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 (-28.40 pp).
- The Q2 2026 figure stands as the lowest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +0.72 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2025, with a gain of 33.82 percentage points; the weakest was Q3 2021, with a drop of 35.72 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 | 137.97 Bn | 121.73 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 21.17% |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 23.81% |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 25.56% |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 21.82% |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 51.44% |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 17.86% |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 18.84% |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | - |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 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% |
| 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% |
| Jun 30, 2020 | 20.25% |
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();