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Valero Energy VLO Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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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:MinorityInterest.

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 noncontrolling interests in subsidiaries?
Valero Energy (VLO) reported noncontrolling interests in subsidiaries of $3.06B in Q1 2026.
How has Valero Energy's noncontrolling interests in subsidiaries changed year-over-year?
Valero Energy's noncontrolling interests in subsidiaries increased by 8.5% year-over-year, from $2.83B to $3.06B.
What is the long-term trend for Valero Energy's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Valero Energy's noncontrolling interests in subsidiaries has grown at a 27.9% compound annual growth rate (CAGR), from $841M to $2.88B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.