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+6.8% | $4.98B+10.9% | $4.84B+2.9% | $4.69B-6.0% | $4.61B-13.8% | |
| Refining | $118.21B-3.5% | $116.17B-6.2% | $116.84B-8.8% | $117.76B-11.6% | $122.48B-7.4% | |
| Renewable Diesel | $5.11B+12.2% | $4.6B-9.3% | $4.45B-18.5% | $4.47B-21.0% | $4.56B-32.2% | |
| Revenue by Product | ||||||
| Distillates | $57.16B+4.2% | $55.08B-1.0% | $54.09B-7.9% | $53.36B-12.9% | $54.88B-10.0% | |
| Distillers Grains | $815M-11.0% | $847M-12.8% | $891M-10.0% | $906M-11.7% | $916M-17.8% | |
| Gasoline and Blendstocks | $50.97B-7.8% | $50.92B-9.1% | $51.39B-10.2% | $52.47B-12.4% | $55.26B-7.3% | |
| Neat SAF | $342M+443% | $297M— | $179M— | $112M— | $63M— | |
| Other Product Revenues | $10.07B-18.3% | $10.16B-16.7% | $11.35B-6.2% | $11.92B-1.3% | $12.32B+5.9% | |
| Renewable Naphtha | $136M+23.6% | $138M+46.8% | $149M+63.7% | $142M+59.6% | $110M-9.8% |
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.
