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Valero Energy VLO Retained Earnings

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Other financials

Income statement

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Revenue$44.5B+48.8%
Gross profit$5.5B+338%
Operating income$5.2B+421%
Net income$3.7B+421%
EPS (diluted)$12.62+454%

Balance sheet

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Cash & equivalents$7.9B+73.6%
Total debt$11.3B+6.6%
Total equity$25.0B+3.8%
Total assets$64.7B+8.8%

Cash flow

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Operating cash flow$5.6B+496%
CapEx$409.0M-4.7%
Free cash flow$1.5B+70.0%

Valuation

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Market cap$87.07B+110%
Enterprise value$90.54B+90.3%
P/E12.1×-42.2×
P/S0.6×+0.3×

Profitability

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Gross margin8%+5.5pp
Operating margin7.2%+6.4pp
Net margin5.2%+4.6pp
FCF margin3.5%

Returns & leverage

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Return on equity29.4%+26.3pp
Debt / equity0.5×0.0×
Current ratio1.6×0.0×

Where this comes from

Reported directly by Valero Energy in its filing.

Tagged under the XBRL concept us-gaap:RetainedEarningsAccumulatedDeficit.

The source filing: Valero Energy’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 12:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050937
Line itemJune 30,2026December 31,2025
Common stock, $0.01 par value; 1,200,000,000 shares authorized;673,501,593 and 673,501,593 shares issued77
Additional paid-in capital7,0146,981
Treasury stock, at cost;385,570,622 and 374,561,457 common shares(33,575)(30,753)
Retained earnings52,22847,959
Accumulated other comprehensive loss(673)(469)
Total Valero Energy Corporation stockholders’ equity25,00123,725
Noncontrolling interests3,2672,880
Total equity28,26826,605

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Valero Energy's retained earnings?
Valero Energy (VLO) reported retained earnings of $52.23B in Q2 2026.
How has Valero Energy's retained earnings changed year-over-year?
Valero Energy's retained earnings increased by 12.5% year-over-year, from $46.43B to $52.23B.
What is the long-term trend for Valero Energy's retained earnings?
Over 5 years (2020 to 2025), Valero Energy's retained earnings has grown at a 10.6% compound annual growth rate (CAGR), from $28.95B to $47.96B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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