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Non-Current Assets

PP&E (Net)

Valero Energy PP&E (Net) decreased by 1.8% to $27.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from $28.55B to $27.11B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows relatively stable performance with a -1.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests ongoing capital investment and expansion, while a decrease may indicate aging assets or significant depreciation outpacing new investment.

Detailed definition

This represents the net book value of tangible long-lived assets, including refineries, ethanol plants, and infrastructu...

Peer comparison

Standard for capital-intensive industrial and energy firms; peers typically show high ratios of PPE to total assets.

Metric ID: property_plant_equipment_net

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$30.46B$30.44B$30.85B$30.88B$30.75B$30.51B$30.98B$30.78B$30.57B$30.25B$30.21B$30.07B$29.77B$29.68B$29.31B$28.55B$28.24B$27.74B$27.62B$27.11B
QoQ Change-0.1%+1.3%+0.1%-0.4%-0.8%+1.5%-0.6%-0.7%-1.0%-0.1%-0.5%-1.0%-0.3%-1.2%-2.6%-1.1%-1.8%-0.4%-1.8%
YoY Change+1.0%+0.2%+0.4%-0.3%-0.6%-0.8%-2.5%-2.3%-2.6%-1.9%-3.0%-5.1%-5.1%-6.5%-5.8%-5.0%
Range$27.11B$30.98B
CAGR-2.4%
Avg YoY Growth-2.5%
Median YoY Growth-2.4%
Current Streak13 quarters decline

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
U.K. and Ireland$1.53B$1.3B$1.35B$1.48B$1.51B
Mexico and Peru$859M$860M$837M$798M$785M
Total$30.85B$30.98B$30.21B$29.31B$27.62B

Frequently Asked Questions

What is Valero Energy's pp&e (net)?
Valero Energy (VLO) reported pp&e (net) of $27.11B in Q1 2026.
How has Valero Energy's pp&e (net) changed year-over-year?
Valero Energy's pp&e (net) decreased by 5.0% year-over-year, from $28.55B to $27.11B.
What is the long-term trend for Valero Energy's pp&e (net)?
Over 5 years (2020 to 2025), Valero Energy's pp&e (net) has grown at a -1.9% compound annual growth rate (CAGR), from $30.39B to $27.62B.
What does pp&e (net) mean?
The total value of physical assets like refineries and plants after subtracting depreciation.