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Valero Energy VLO Ethanol — Segment assets

Other segment segments

Refining
$47.77B+3.4%
Renewable Diesel
$6.27B+16.1%

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Other financials

Income statement

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Revenue$44.5B+48.8%
Gross profit$5.5B+338%
Operating income$5.2B+421%
Net income$3.7B+421%
EPS (diluted)$12.62+454%

Balance sheet

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Cash & equivalents$7.9B+73.6%
Total debt$11.3B+6.6%
Total equity$25.0B+3.8%
Total assets$64.7B+8.8%

Cash flow

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Operating cash flow$5.6B+496%
CapEx$409.0M-4.7%
Free cash flow$1.5B+70.0%

Valuation

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Market cap$90.09B+115%
Enterprise value$93.57B+94.7%
P/E12.5×-42.4×
P/S0.7×+0.3×

Profitability

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Gross margin8%+5.5pp
Operating margin7.2%+6.4pp
Net margin5.2%+4.6pp
FCF margin3.5%

Returns & leverage

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Return on equity29.4%+26.3pp
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:Assets.

The source filing: Valero Energy’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 12:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050937
Six months ended June 30, 2026RefiningRenewable DieselEthanolTotal
Unallocated amounts:
Other corporate expenses (b)(552)
Other income, net248
Interest and debt expense, net of capitalizedinterest(285)
Income before income tax expense$6,890
Other segment disclosures
Segment assets$47,772$6,270$1,480$55,522
Expenditures for long-lived assets (c)7224018780

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Valero Energy's ethanol — segment assets?
Valero Energy (VLO) reported ethanol — segment assets of $1.48B in Q2 2026.
How has Valero Energy's ethanol — segment assets changed year-over-year?
Valero Energy's ethanol — segment assets decreased by 1.1% year-over-year, from $1.5B to $1.48B.
What is the long-term trend for Valero Energy's ethanol — segment assets?
Over 4 years (2021 to 2025), Valero Energy's ethanol — segment assets has grown at a -8.0% compound annual growth rate (CAGR), from $8.54B to $6.11B.
What does ethanol — segment assets mean?
The total value of assets specifically allocated to the ethanol segment, including property, plant, equipment, and working capital. This metric indicates the scale and capital footprint of the ethanol business.

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