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Non-Current Assets

Accumulated Depreciation

Valero Energy Accumulated Depreciation increased by 1.9% to $22.9B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.4%, from $20.74B to $22.9B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 6.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
Parent metricPP&E (Net)

How to read this metric

A rising balance is expected as assets age; a disproportionate increase relative to gross PP&E may suggest an aging asset base requiring future capital replacement.

Detailed definition

This is the cumulative amount of depreciation expense recorded against the company's property, plant, and equipment over...

Peer comparison

Standard accounting metric across all capital-intensive industries.

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$17.8B$18.23B$18.61B$18.85B$19.13B$19.6B$20.05B$20.56B$20.96B$21.46B$21.87B$22.31B$22.74B$23.05B$20.74B$21.47B$21.92B$22.47B$22.9B
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%
% of PP&E (Net)57.1%58.5%59.1%60.3%61.3%62.7%63.3%65.1%67.2%69.3%71.0%72.7%74.9%76.6%78.6%72.7%76.0%79.0%81.4%84.5%
Share Change+1.4pp+0.6pp+1.2pp+1.0pp+1.4pp+0.6pp+1.9pp+2.1pp+2.0pp+1.8pp+1.7pp+2.2pp+1.7pp+2.0pp-6.0pp+3.4pp+3.0pp+2.4pp+3.1pp
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 $22.9B 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 $22.9B.
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 taken on physical assets since they were acquired.