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Valero Energy VLO Purchased power and fuel

Purchased power and fuel at other companies

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Segments

By segment

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Refining$34.27B+36.8%
Renewable Diesel$1.8B+72.7%
Ethanol$822M-16.8%

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

Filed
Jul 30, 2026, 12:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050937
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenues (a)$44,476$29,889$76,857$60,147
Cost of sales:
Cost of materials and other35,13024,67861,31550,726
Taxes other than income taxes1,6481,6543,3693,154
Operating expenses (excluding depreciation and amortizationexpense reflected below)1,5061,5223,1013,045
Depreciation and amortization expense7237861,5511,466
Total cost of sales39,00728,64069,33658,391
Asset impairment loss1,131

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Valero Energy's purchased power and fuel?
Valero Energy (VLO) reported purchased power and fuel of $35.13B in Q2 2026.
How has Valero Energy's purchased power and fuel changed year-over-year?
Valero Energy's purchased power and fuel increased by 33.4% year-over-year, from $26.33B to $35.13B.
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 -0.4% compound annual growth rate (CAGR), from $102.71B to $101.1B.
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.

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