Valero Energy
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Valero Energy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 18% to $144,801,000,000. Profit margin reached 6%. Total operating expenses were $1,031,000,000.
Profit Margin
| 2014 | 130.84B | 3.63B | 2.77% |
|---|---|---|---|
| 2015 | 87.80B | 3.99B | 4.54% |
| 2016 | 75.65B | 2.28B | 3.03% |
| 2017 | 93.98B | 4.06B | 4.33% |
| 2018 | 117.03B | 3.12B | 2.67% |
| 2019 | 108.32B | 2.42B | 2.24% |
| 2020 | 64.91B | -1.10B | -1.71% |
| 2021 | 113.97B | 1.28B | 1.13% |
| 2022 | 176.38B | 11.52B | 6.54% |
| 2023 | 144.80B | 8.83B | 6.1% |
VLO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 144.80B | 176.38B | 113.97B | 64.91B | 108.32B | 117.03B | 93.98B | 75.65B | 87.80B | 130.84B |
Cost of revenue | 131.86B | 159.63B | 110.89B | 65.7B | 103.59B | 111.49B | 89.48B | 71.31B | 80.73B | 124.21B |
Gross profit | 12.93B | 16.75B | 3.08B | -788M | 4.72B | 5.54B | 4.49B | 4.34B | 7.06B | 6.62B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.03B | 1B | 952M | 791M | 889M | 970M | 896M | 715M | 710M | 724M |
Operating income | 11.85B | 15.69B | 2.13B | -1.57B | 3.83B | 4.57B | 3.59B | 3.57B | 6.35B | 5.90B |
Other income (expenses), net | -90M | -383M | -587M | -431M | -350M | 130M | -356M | -390M | -387M | -350M |
Income before tax | 11.76B | 15.30B | 1.54B | -2.01B | 3.48B | 4.23B | 3.20B | 3.18B | 5.97B | 5.55B |
Income tax expense | 2.61B | 3.42B | 255M | -903M | 702M | 879M | -949M | 765M | 1.87B | 1.77B |
Net income | 8.83B | 11.52B | 1.28B | -1.10B | 2.42B | 3.12B | 4.06B | 2.28B | 3.99B | 3.63B |
Earnings per share | ||||||||||
Basic EPS | 24.95 | 29.08 | 3.16 | -2.72 | 5.85 | 7.33 | 9.17 | 4.94 | 8 | 6.88 |
Diluted EPS | 24.95 | 29 | 3.16 | -2.72 | 5.85 | 7.29 | 9.16 | 4.94 | 7.99 | 6.85 |
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