Valero Energy VLO Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Ethanol | $4.92B-1.2% | $4.98B+2.9% | $4.84B+3.1% | $4.69B+1.8% | $4.61B+2.7% | |
| Refining | $118.21B+1.8% | $116.17B-0.6% | $116.84B-0.8% | $117.76B-3.9% | $122.48B-1.1% | |
| Renewable Diesel | $5.11B+11.2% | $4.6B+3.4% | $4.45B-0.5% | $4.47B-1.9% | $4.56B-10.1% | |
| Revenue by Product | ||||||
| Distillates | $57.16B+3.8% | $55.08B+1.8% | $54.09B+1.4% | $53.36B-2.8% | $54.88B-1.4% | |
| Distillers Grains | $815M-3.8% | $847M-4.9% | $891M-1.7% | $906M-1.1% | $916M-5.7% | |
| Gasoline and Blendstocks | $50.97B+0.1% | $50.92B-0.9% | $51.39B-2.0% | $52.47B-5.1% | $55.26B-1.3% | |
| Neat SAF | $342M+15.2% | $297M+65.9% | $179M+59.8% | $112M+77.8% | $63M— | |
| Other Product Revenues | $10.07B-0.9% | $10.16B-10.5% | $11.35B-4.8% | $11.92B-3.2% | $12.32B+1.0% | |
| Renewable Naphtha | $136M-1.4% | $138M-7.4% | $149M+4.9% | $142M+29.1% | $110M+17.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Valero Energy break its business down?
- Valero Energy (VLO) reports revenue by business across 3 parts — Ethanol, Refining and Renewable Diesel. Each is extracted from the segment footnotes and tracked over time.
- Where does Valero Energy's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Valero Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
