What are Valero Energy's profit margins?

Valero Energy (VLO) runs a 5.6% gross margin and a 4.7% operating margin, with a 3.4% net margin.

Where do Valero Energy's ratios come from?

Every ratio is computed from Valero Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Valero Energy VLO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	5.6%+3.0pp	4.4%+0.7pp	3.4%-1.1pp	2.5%-3.9pp	2.6%-5.0pp
Operating margin	4.7%+3.7pp	2.6%-0.3pp	1.6%-2.1pp	0.8%-4.9pp	0.9%-5.9pp
Net margin	3.4%+2.6pp	1.9%-0.2pp	1.2%-1.5pp	0.6%-3.6pp	0.7%-4.3pp
Returns
Return on equity	17.8%+14.0pp	9.7%-1.2pp	6.1%-8.3pp	3.1%-20.1pp	3.8%-23.7pp
Return on invested capital	14.6%+11.2pp	7.1%-1.6pp	5%-7.5pp	2.7%-16.9pp	3.4%-20.0pp
Efficiency
Asset turnover	2.1×-0.1×	2.1×0.0×	2.1×-0.1×	2×-0.2×	2.1×-0.2×
Liquidity
Current ratio	1.6×0.0×	1.6×+0.1×	1.6×0.0×	1.6×+0.1×	1.6×0.0×
Leverage
Debt-to-equity	0.5×0.0×	0.6×0.0×	0.4×0.0×	0.4×0.0×	0.5×0.0×
Net debt / EBITDA	1×-4.1×	2.9×+0.5×	2.9×+1.8×	6×+5.4×	5.1×+4.5×
Per Share
Book value per share	$80.10+7.1%	$76.78+0.9%	$76.87-3.2%	$77.17-1.7%	$74.81-5.0%
Valuation
Market capitalization	$73.87B+77.9%	$49.65B+27.9%	$52.89B+20.9%	$42.55B-18.0%	$41.53B-26.5%
Price / earnings	17.6×-27.1×	21.1×+7.1×	35.4×+23.5×	55.7×+47.0×	44.7×+36.6×
Price / sales	0.6×+0.3×	0.4×+0.1×	0.4×+0.1×	0.3×0.0×	0.3×-0.1×
Price / book	3.1×+1.3×	2.1×+0.5×	2.2×+0.5×	1.8×-0.3×	1.8×-0.4×
EV / EBITDA	13.6×-25.6×	18.2×+5.5×	29.1×+19.3×	48.1×+40.9×	39.1×+32.6×
Dividend yield	1.9%-1.4pp	2.8%-0.7pp	2.6%-0.5pp	3.3%+0.6pp	3.3%+0.8pp

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Questions, answered.

What are Valero Energy's profit margins?: Valero Energy (VLO) runs a 5.6% gross margin and a 4.7% operating margin, with a 3.4% net margin.
Where do Valero Energy's ratios come from?: Every ratio is computed from Valero Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.