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Valero Energy VLO Purchased power and fuel

Purchased power and fuel at other companies

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HF SinclairDINO
$5.98B+9.2%
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MPLXMPLX

Segments

By segment

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Refining$25.18B+1.7%
Renewable Diesel$1.11B+24.2%
Ethanol$894M-13.4%

Other financials

Income statement

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Revenue$32.4B+7.0%
Gross profit$2.1B+305%
Operating income$1.7B+292%
Net income$1.3B+312%
EPS (diluted)$4.22+322%

Balance sheet

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Cash & equivalents$5.7B+23.7%
Total debt$11.5B+5.9%
Total equity$23.9B+1.6%
Total assets$62.1B+5.0%

Cash flow

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Operating cash flow$1.4B+46.0%
CapEx$409.0M-4.7%
Free cash flow$1.5B+70.0%

Valuation

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Market cap$70.17B+77.9%
Enterprise value$75.92B+66.7%
P/E16.7×-25.7×
P/S0.6×+0.3×

Profitability

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Gross margin5.6%+3.0pp
Operating margin4.7%+3.7pp
Net margin3.4%+2.6pp
FCF margin3.5%

Returns & leverage

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Return on equity17.8%+14.0pp
Debt / equity0.5×0.0×
Current ratio1.6×0.0×

Where this comes from

Reported directly by Valero Energy in its filing.

Tagged under the XBRL concept us-gaap:CostDirectMaterial.

The official record: Valero Energy’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valero Energy's purchased power and fuel?
Valero Energy (VLO) reported purchased power and fuel of $26.19B in Q1 2026.
How has Valero Energy's purchased power and fuel changed year-over-year?
Valero Energy's purchased power and fuel increased by 0.5% year-over-year, from $26.05B to $26.19B.
What is the long-term trend for Valero Energy's purchased power and fuel?
Over 4 years (2021 to 2025), Valero Energy's purchased power and fuel has grown at a -0.8% compound annual growth rate (CAGR), from $102.71B to $99.6B.
What does purchased power and fuel mean?
This metric captures the direct costs associated with the procurement of raw materials, such as crude oil and feedstocks, required for the refining process. It is the most significant component of the cost of revenue for a refining company, directly impacting gross margins. Fluctuations in this line item are heavily influenced by global commodity market prices and supply chain logistics.