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Valero Energy VLO Debt-to-equity

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Other financials

Income statement

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Revenue$44.5B+48.8%
Gross profit$5.5B+338%
Operating income$5.2B+421%
Net income$3.7B+421%
EPS (diluted)$12.62+454%

Balance sheet

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Cash & equivalents$7.9B+73.6%
Total debt$11.3B+6.6%
Total equity$25.0B+3.8%
Total assets$64.7B+8.8%

Cash flow

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Operating cash flow$5.6B+496%
CapEx$409.0M-4.7%
Free cash flow$1.5B+70.0%

Valuation

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Market cap$90.09B+115%
Enterprise value$93.57B+94.7%
P/E12.5×-42.4×
P/S0.7×+0.3×

Profitability

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Gross margin8%+5.5pp
Operating margin7.2%+6.4pp
Net margin5.2%+4.6pp
FCF margin3.5%

Returns & leverage

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Return on equity29.4%+26.3pp
Current ratio1.6×0.0×

Where this comes from

Calculated from Valero Energy’s reported figures.

Based on the most recent quarter.

The source filing: Valero Energy’s 10-Q, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 12:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050937

FAQ

What is Valero Energy's debt-to-equity?
Valero Energy (VLO) reported debt-to-equity of 0.5× in Q2 2026.
How has Valero Energy's debt-to-equity changed year-over-year?
Valero Energy's debt-to-equity increased by 2.6% year-over-year, from 0.4× to 0.5×.
What is the long-term trend for Valero Energy's debt-to-equity?
Over 5 years (2020 to 2025), Valero Energy's debt-to-equity has grown at a -8.6% compound annual growth rate (CAGR), from 0.9× to 0.6×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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