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Valero Energy VLO Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Ethanol$4.98B+10.9%$4.49B-19.3%$5.56B+1.3%$5.49B-1.8%
Refining$116.17B-6.2%$123.86B-9.3%$136.49B-18.9%$168.21B+57.3%
Renewable Diesel$4.6B-9.3%$5.07B-27.5%$6.99B+27.1%$5.5B+135%
Revenue by Product
Distillates$55.08B-1.0%$55.64B-12.6%$63.66B-22.9%$82.52B+79.6%
Distillers Grains$847M-12.8%$971M-17.2%$1.17B+7.3%$1.09B+5.7%
Gasoline and Blendstocks$50.92B-9.1%$56.01B-9.0%$61.54B-12.7%$70.5B+42.3%
Neat SAF$297M$0$0
Other Product Revenues$10.16B-16.7%$12.2B+8.3%$11.27B-25.6%$15.14B
Renewable Naphtha$138M+46.8%$94M-40.5%$158M+5.3%$150M
Revenue by Geography
Mexico and Peru$5.17B-4.4%$5.41B-16.0%$6.44B-23.3%$8.4B+118%
Other Countries$5.73B-22.0%$7.35B-6.5%$7.87B-32.8%$11.7B+60.8%
U.K. and Ireland$15.83B+3.9%$15.24B-5.6%$16.15B-9.4%$17.82B+33.9%

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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.