Non-Current Assets

Accumulated Depreciation

Valero Energy Accumulated Depreciation increased by 1.9% to $22.90B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.4%, from $20.74B to $22.90B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 6.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
Parent metricPP&E (Net)

How to read this metric

A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.

Detailed definition

This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...

Peer comparison

Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.

Metric ID: ppe_accumulated_depreciation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.39B$17.80B$18.23B$18.61B$18.85B$19.13B$19.60B$20.05B$20.56B$20.96B$21.46B$21.87B$22.31B$22.74B$23.05B$20.74B$21.47B$21.92B$22.47B$22.90B
QoQ Change+2.3%+2.4%+2.1%+1.3%+1.5%+2.4%+2.3%+2.5%+1.9%+2.4%+1.9%+2.0%+2.0%+1.4%-10.0%+3.5%+2.1%+2.5%+1.9%
YoY Change+8.4%+7.5%+7.5%+7.7%+9.1%+9.5%+9.5%+9.1%+8.5%+8.5%+7.4%-5.2%-3.8%-3.6%-2.5%+10.4%
Range$17.39B$23.05B
CAGR+6.0%
Avg YoY Growth+5.5%
Median YoY Growth+8.0%
Current Streak4 quarters growth

Frequently Asked Questions

What is Valero Energy's accumulated depreciation?
Valero Energy (VLO) reported accumulated depreciation of $22.90B in Q1 2026.
How has Valero Energy's accumulated depreciation changed year-over-year?
Valero Energy's accumulated depreciation increased by 10.4% year-over-year, from $20.74B to $22.90B.
What is the long-term trend for Valero Energy's accumulated depreciation?
Over 5 years (2020 to 2025), Valero Energy's accumulated depreciation has grown at a 6.3% compound annual growth rate (CAGR), from $16.58B to $22.47B.
What does accumulated depreciation mean?
The total amount of depreciation recorded against physical assets over time.