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Valero Energy VLO Sales taxes payable

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Other financials

Income statement

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Revenue$32.4B+7.0%
Gross profit$2.1B+305%
Operating income$1.7B+292%
Net income$1.3B+312%
EPS (diluted)$4.22+322%

Balance sheet

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Cash & equivalents$5.7B+23.7%
Total debt$11.5B+5.9%
Total equity$23.9B+1.6%
Total assets$62.1B+5.0%

Cash flow

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Operating cash flow$1.4B+46.0%

Valuation

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Market cap$71.2B+77.9%
Enterprise value$76.95B+66.7%
P/E16.9×-26.1×
P/S0.6×+0.3×

Profitability

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Gross margin5.6%+3.0pp
Operating margin4.7%+3.7pp
Net margin3.4%+2.6pp

Returns & leverage

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Return on equity17.8%+14.0pp
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:SalesAndExciseTaxPayableCurrent.

The official record: Valero Energy’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valero Energy's sales taxes payable?
Valero Energy (VLO) reported sales taxes payable of $1.43B in Q1 2026.
How has Valero Energy's sales taxes payable changed year-over-year?
Valero Energy's sales taxes payable increased by 9.8% year-over-year, from $1.3B to $1.43B.
What is the long-term trend for Valero Energy's sales taxes payable?
Over 5 years (2020 to 2025), Valero Energy's sales taxes payable has grown at a 2.5% compound annual growth rate (CAGR), from $1.37B to $1.55B.
What does sales taxes payable mean?
Sales taxes collected from customers that are owed to the government.
How do you interpret sales taxes payable?
An increase generally tracks with higher sales volumes, while a decrease may reflect lower sales or faster remittance cycles.
How does sales taxes payable compare across companies?
Varies by jurisdiction and the specific taxability of refined products sold in different markets.