Skip to content
Screener

Valero Energy VLO Renewable Diesel — Clean fuel production credit

Similar metrics at other companies

Gevo logo
GEVODeferred Clean Fuel Production Tax Credits Current
$0
XCF Global, Inc. Class A Common Stock logo
SAFXRenewable Diesel Environmental Credits — Revenue
$97.3K
Marathon Petroleum logo
MPCRenewable Diesel — Renewable Diesel JV depreciation and amortization
$22M0.0%
Gevo logo
GEVOIncrease Decrease In Deferred Clean Fuel Production Tax Credits
$7.48M-27.2%
Marathon Petroleum logo
MPCRenewable Diesel — Accumulated Depreciation
$411M+18.4%
Marathon Petroleum logo
MPCRenewable Diesel — Adjusted EBITDA
$258M+1,458%

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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 vlo:CostDirectMaterialsCleanFuelProductionCredit.

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

(a)Cost of materials and other is net of the clean fuel production credit on qualifying sales of certain low-carbon transportation fuels of $177 million and $140 million for the three months ended June 30, 2026 and 2025, respectively, and $355 million and $191 million for the six months ended June 30, 2026 and 2025, respectively, for our Renewable Diesel segment and $99 million and $119 million for the three and six months ended June 30, 2026, respectively, for our Ethanol segment.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Valero Energy's renewable diesel — clean fuel production credit?
Valero Energy (VLO) reported renewable diesel — clean fuel production credit of $177M in Q2 2026.
How has Valero Energy's renewable diesel — clean fuel production credit changed year-over-year?
Valero Energy's renewable diesel — clean fuel production credit increased by 26.4% year-over-year, from $140M to $177M.
What does renewable diesel — clean fuel production credit mean?
This metric captures the financial benefit derived from government-sponsored tax credits or incentives specifically tied to the production of renewable diesel. These credits are a critical component of the segment's margin structure, effectively subsidizing the cost of production to promote low-carbon fuel adoption. It serves as a proxy for the regulatory support environment and the segment's reliance on policy-driven revenue streams.

Ask your AI about Valero Energy's renewable diesel — clean fuel production credit.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude