Other
Tax expense (benefit)
Valero Energy Tax expense (benefit) decreased by 850.0% to -$19.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2000.0%, from $1.00M to -$19.00M.
Analysis
StatementIncome Statement
SectionOther
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Reflects the tax shield or tax burden generated by non-operating comprehensive income items.
Detailed definition
The total income tax expense or benefit associated with items reported in other comprehensive income. This ensures that...
Peer comparison
Universal accounting requirement for firms reporting OCI.
Metric ID:
other_other_comprehensive_income_loss_taxHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.00M | -$1.00M | $0.00 | $7.00M | $9.00M | $1.00M | -$6.00M | -$11.00M | -$15.00M | -$3.00M | $5.00M | $1.00M | $9.00M | -$2.00M | -$19.00M |
| QoQ Change | — | -150.0% | +100.0% | — | +28.6% | -88.9% | -700.0% | -83.3% | -36.4% | +80.0% | +266.7% | -80.0% | +800.0% | -122.2% | -850.0% |
| YoY Change | — | — | — | +250.0% | >999% | — | -185.7% | -222.2% | <-999% | +50.0% | +145.5% | +106.7% | +400.0% | -140.0% | <-999% |
Range-$19.00M – $9.00M
CAGR+90.3%
Avg YoY Growth-199.6%
Median YoY Growth+50.0%
Current Streak2 quarters decline
Tax expense (benefit) at Other Companies
Frequently Asked Questions
- What is Valero Energy's tax expense (benefit)?
- Valero Energy (VLO) reported tax expense (benefit) of -$19.00M in Q1 2026.
- How has Valero Energy's tax expense (benefit) changed year-over-year?
- Valero Energy's tax expense (benefit) decreased by 2000.0% year-over-year, from $1.00M to -$19.00M.
- What does tax expense (benefit) mean?
- The tax impact associated with items reported in other comprehensive income.