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%+1.2pp	4.4%+1.0pp	3.4%+0.8pp	2.5%-0.1pp	2.6%-1.1pp
Operating margin	4.7%+2.1pp	2.6%+1.0pp	1.6%+0.8pp	0.8%-0.1pp	0.9%-2.0pp
Net margin	3.4%+1.5pp	1.9%+0.7pp	1.2%+0.6pp	0.6%-0.1pp	0.7%-1.4pp
EBITDA margin	4.7%+2.1pp	2.6%+1.0pp	1.6%+0.8pp	0.8%-0.1pp	1%-2.0pp
Returns
Return on equity	17.8%+8.0pp	9.7%+3.6pp	6.1%+3.0pp	3.1%-0.7pp	3.8%-7.1pp
Return on assets	6.9%+3.0pp	4%+1.5pp	2.5%+1.3pp	1.2%-0.3pp	1.5%-3.0pp
Return on invested capital	14.6%+7.5pp	7.1%+2.1pp	5%+2.3pp	2.7%-0.7pp	3.4%-5.2pp
Efficiency
Asset turnover	2.1×0.0×	2.1×0.0×	2.1×+0.1×	2×-0.1×	2.1×0.0×
Inventory turnover	16.1×+0.8×	15.3×-1.2×	16.5×+1.0×	15.5×-1.1×	16.6×+0.3×
Liquidity
Current ratio	1.6×-0.1×	1.6×0.0×	1.6×0.0×	1.6×+0.1×	1.6×0.0×
Quick ratio	1.1×0.0×	1.1×0.0×	1.1×0.0×	1.1×0.0×	1.1×+0.1×
Cash ratio	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Leverage
Debt-to-equity	0.5×-0.1×	0.6×+0.1×	0.4×0.0×	0.4×0.0×	0.5×-0.1×
Debt-to-assets	0.2×-0.1×	0.2×+0.1×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Net debt / EBITDA	1×-1.9×	2.9×0.0×	2.9×-3.2×	6×+0.9×	5.1×+2.7×
Interest coverage	10.4×+4.7×	5.7×+2.2×	3.5×+1.8×	1.7×-0.4×	2.1×-4.6×
Per Share
Book value per share	$80.10+4.3%	$76.78-0.1%	$76.87-0.4%	$77.17+3.2%	$74.81-1.7%
Valuation
Market capitalization	$73.87B+48.8%	$49.65B-6.1%	$52.89B+24.3%	$42.55B+2.5%	$41.53B+7.0%
Enterprise value	$79.62B+34.9%	$59.03B+0.5%	$58.71B+20.7%	$48.66B+1.9%	$47.75B-0.7%
Price / earnings	17.6×-3.6×	21.1×-14.2×	35.4×-20.3×	55.7×+11.0×	44.7×+30.6×
Price / sales	0.6×+0.2×	0.4×0.0×	0.4×+0.1×	0.3×0.0×	0.3×0.0×
Price / book	3.1×+1.0×	2.1×-0.1×	2.2×+0.5×	1.8×0.0×	1.8×+0.2×
EV / EBITDA	13.6×-4.6×	18.2×-10.9×	29.1×-19.0×	48.1×+8.9×	39.1×+26.5×
EV / sales	0.6×+0.2×	0.5×0.0×	0.5×+0.1×	0.4×0.0×	0.4×0.0×
Earnings yield	5.7%+1.0pp	4.7%+1.9pp	2.8%+1.0pp	1.8%-0.4pp	2.2%-4.9pp
Dividend yield	1.9%-0.9pp	2.8%+0.2pp	2.6%-0.6pp	3.3%-0.1pp	3.3%-0.2pp
PEG ratio	0×—	——	——	——	——

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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.