VALERO ENERGY CORP/TX (VLO)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Operating Cash Flow2,057,000,000$1,881,000,000$936,000,000$952,000,000$1,070,000,000$1,295,000,000$2,472,000,000$1,846,000,000$1,239,000,000$3,308,000,000$1,512,000,000$3,170,000,000$4,096,000,000$2,045,000,000$5,845,000,000$588,000,000$2,454,000,000$1,449,000,000$2,008,000,000$(52,000,000$)96,000,000$165,000,000$736,000,000$(49,000,000$)1,708,000,000$1,429,000,000$1,517,000,000$877,000,000$1,678,000,000$496,000,000$2,059,000,000$138,000,000$1,660,000,000$1,797,000,000$988,000,000$998,000,000$863,000,000$2,319,000,000$640,000,000$487,000,000$1,362,000,000$2,329,000,000$1,433,000,000$997,000,000$1,866,000,000$1,134,000,000$244,000,000$
Investing Cash Flow(419,000,000$)(379,000,000$)(412,000,000$)(635,000,000$)(544,000,000$)(408,000,000$)(392,000,000$)(637,000,000$)(483,000,000$)(304,000,000$)(529,000,000$)(549,000,000$)(735,000,000$)(610,000,000$)(619,000,000$)(841,000,000$)(747,000,000$)(576,000,000$)(256,000,000$)(580,000,000$)(573,000,000$)(513,000,000$)(582,000,000$)(757,000,000$)(811,000,000$)(635,000,000$)(808,000,000$)(747,000,000$)(1,160,000,000$)(636,000,000$)(1,380,000,000$)(752,000,000$)(642,000,000$)(460,000,000$)(714,000,000$)(622,000,000$)(453,000,000$)(450,000,000$)(481,000,000$)(808,000,000$)(465,000,000$)(501,000,000$)(713,000,000$)(858,000,000$)(620,000,000$)(808,000,000$)(558,000,000$)
Purchases of Property and Equipment428,000,000$384,000,000$356,000,000$440,000,000$341,000,000$293,000,000$279,000,000$366,000,000$302,000,000$294,000,000$316,000,000$432,000,000$358,000,000$370,000,000$458,000,000$700,000,000$499,000,000$566,000,000$388,000,000$
Financing Cash Flow(1,752,000,000$)(1,199,000,000$)(849,000,000$)(382,000,000$)(784,000,000$)(1,074,000,000$)(1,547,000,000$)(1,644,000,000$)(1,296,000,000$)(2,125,000,000$)(1,522,000,000$)(1,998,000,000$)(2,580,000,000$)(2,627,000,000$)(2,414,000,000$)(1,228,000,000$)(1,107,000,000$)(873,000,000$)(427,000,000$)(439,000,000$)(393,000,000$)2,035,000,000$630,000,000$(195,000,000$)(523,000,000$)(649,000,000$)(1,447,000,000$)(378,000,000$)(987,000,000$)(779,000,000$)(829,000,000$)(573,000,000$)(329,000,000$)(676,000,000$)(652,000,000$)(1,433,000,000$)658,000,000$(693,000,000$)(544,000,000$)(818,000,000$)(1,295,000,000$)(958,000,000$)526,000,000$(614,000,000$)(489,000,000$)(515,000,000$)(312,000,000$)
End Cash Position4,688,000,000$4,764,000,000$4,537,000,000$4,634,000,000$4,657,000,000$5,184,000,000$5,246,000,000$4,917,000,000$5,424,000,000$5,831,000,000$5,075,000,000$5,521,000,000$4,862,000,000$3,969,000,000$5,392,000,000$2,638,000,000$4,122,000,000$3,498,000,000$3,572,000,000$2,254,000,000$3,313,000,000$4,047,000,000$2,319,000,000$1,515,000,000$2,583,000,000$2,137,000,000$2,033,000,000$2,777,000,000$2,982,000,000$3,551,000,000$4,451,000,000$4,658,000,000$5,850,000,000$5,176,000,000$5,207,000,000$4,463,000,000$4,816,000,000$5,949,000,000$4,925,000,000$3,778,000,000$4,114,000,000$5,301,000,000$5,764,000,000$4,870,000,000$3,689,000,000$4,191,000,000$3,480,000,000$3,647,000,000$
Exchange Rate Effect38,000,000$(74,000,000$)230,000,000$43,000,000$(267,000,000$)127,000,000$(36,000,000$)(72,000,000$)133,000,000$(123,000,000$)93,000,000$36,000,000$112,000,000$(231,000,000$)(58,000,000$)(3,000,000$)24,000,000$(74,000,000$)(7,000,000$)12,000,000$136,000,000$41,000,000$20,000,000$(67,000,000$)72,000,000$(41,000,000$)(6,000,000$)43,000,000$(100,000,000$)19,000,000$(57,000,000$)(5,000,000$)
Dividends Paid582,000,000$351,000,000$356,000,000$485,000,000$408,000,000$453,000,000$347,000,000$356,000,000$346,000,000$423,000,000$367,000,000$379,000,000$376,000,000$476,000,000$399,000,000$401,000,000$401,000,000$400,000,000$401,000,000$400,000,000$400,000,000$480,000,000$400,000,000$401,000,000$382,000,000$372,000,000$376,000,000$375,000,000$391,000,000$341,000,000$345,000,000$345,000,000$344,000,000$320,000,000$321,000,000$324,000,000$279,000,000$284,000,000$289,000,000$289,000,000$246,000,000$204,000,000$207,000,000$211,000,000$147,000,000$149,000,000$136,000,000$134,000,000$
Unlevered Free Cash Flow2,057,000,000$1,881,000,000$936,000,000$952,000,000$1,070,000,000$1,295,000,000$2,472,000,000$1,846,000,000$1,239,000,000$3,308,000,000$1,512,000,000$3,170,000,000$4,096,000,000$2,045,000,000$5,845,000,000$588,000,000$2,454,000,000$1,449,000,000$2,008,000,000$(52,000,000$)96,000,000$165,000,000$736,000,000$(49,000,000$)1,708,000,000$1,429,000,000$1,517,000,000$877,000,000$1,678,000,000$68,000,000$1,675,000,000$(218,000,000$)1,220,000,000$1,504,000,000$709,000,000$632,000,000$561,000,000$2,025,000,000$324,000,000$55,000,000$1,004,000,000$1,959,000,000$975,000,000$297,000,000$1,367,000,000$568,000,000$(144,000,000$)