Valero Energy Ethanol — Cost of Revenue decreased by 5.2% to $1.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.6%, from $1.21B to $1.08B. Over 4 years (FY 2021 to FY 2025), Ethanol — Cost of Revenue shows a downward trend with a -2.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower costs relative to revenue indicate better production margins.
The total direct costs incurred to produce and deliver ethanol products to customers, encompassing raw materials, labor,...
Comparable to standard Cost of Goods Sold (COGS) for manufacturing segments.
vlo_segment_ethanol_cost_of_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.27B | $1.35B | $1.40B | $1.26B | $1.39B | $1.39B | $1.28B | $1.28B | $1.35B | $1.24B | $1.13B | $1.07B | $1.02B | $994.00M | $1.09B | $1.21B | $1.15B | $1.11B | $1.14B | $1.08B |
| QoQ Change | — | +6.2% | +3.6% | -9.9% | +10.4% | -0.4% | -7.7% | +0.2% | +5.1% | -8.1% | -9.0% | -5.4% | -4.4% | -2.4% | +10.1% | +10.1% | -4.5% | -3.5% | +2.3% | -5.2% |
| YoY Change | — | — | — | — | +9.5% | +2.7% | -8.5% | +1.7% | -3.2% | -10.7% | -11.9% | -16.9% | -24.4% | -19.6% | -2.8% | +13.1% | +13.1% | +11.8% | +3.8% | -10.6% |