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Valero Energy VLO Refining — Cost of property repairs and maintenance

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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$89.47B+107%
Enterprise value$92.95B+88.1%
P/E12.4×-44.3×
P/S0.6×+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:CostOfPropertyRepairsAndMaintenance.

The official record: Valero Energy’s 10-Q, filed July 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valero Energy's refining — cost of property repairs and maintenance?
Valero Energy (VLO) reported refining — cost of property repairs and maintenance of $15M in Q2 2026.
What does refining — cost of property repairs and maintenance mean?
This metric represents the recurring expenditures required to maintain, service, and repair the physical infrastructure and machinery within the refining segment. It captures the operational costs associated with ensuring the safety, reliability, and mechanical integrity of processing units and related facilities. Monitoring these costs is essential for assessing the maintenance intensity of the asset base and the potential impact of aging infrastructure on operational efficiency.