Valero Energy (VLO) Revenue & Revenue Breakdown

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Valero Energy Revenue Highlights

Latest Revenue (Y)

$144.77B

Latest Revenue (Q)

$32.88B

Main Segment (Y)

Refining

Main Geography (Y)

UNITED STATES

Valero Energy Revenue by Period

Valero Energy Revenue by Year

Date	Revenue	Change
2023-12-31	$144.77B	-17.93%
2022-12-31	$176.38B	54.75%
2021-12-31	$113.98B	75.59%
2020-12-31	$64.91B	-40.08%
2019-12-31	$108.32B	-7.44%
2018-12-31	$117.03B	24.53%
2017-12-31	$93.98B	24.22%
2016-12-31	$75.66B	-13.83%
2015-12-31	$87.80B	-32.89%
2014-12-31	$130.84B	-5.24%
2013-12-31	$138.07B	-0.84%
2012-12-31	$139.25B	10.53%
2011-12-31	$125.99B	53.21%
2010-12-31	$82.23B	20.68%
2009-12-31	$68.14B	-42.79%
2008-12-31	$119.11B	24.95%
2007-12-31	$95.33B	3.81%
2006-12-31	$91.83B	11.77%
2005-12-31	$82.16B	50.43%
2004-12-31	$54.62B	43.85%
2003-12-31	$37.97B	40.75%
2002-12-31	$26.98B	79.98%
2001-12-31	$14.99B	2.16%
2000-12-31	$14.67B	84.28%
1999-12-31	$7.96B	43.72%
1998-12-31	$5.54B	-3.77%
1997-12-31	$5.76B	15.34%
1996-12-31	$4.99B	65.27%
1995-12-31	$3.02B	64.35%
1994-12-31	$1.84B	50.34%
1993-12-31	$1.22B	-

Valero Energy generated $144.77B in revenue during NA 2023, up -17.93% compared to the previous quarter, and up 123.70% compared to the same period a year ago.

Valero Energy Revenue by Quarter

Date	Revenue	Change
2024-09-30	$32.88B	-4.60%
2024-06-30	$34.46B	8.58%
2024-03-31	$31.74B	-10.38%
2023-12-31	$35.41B	-7.79%
2023-09-30	$38.40B	11.29%
2023-06-30	$34.51B	-5.30%
2023-03-31	$36.44B	-12.71%
2022-12-31	$41.75B	-6.09%
2022-09-30	$44.45B	-13.92%
2022-06-30	$51.64B	33.99%
2022-03-31	$38.54B	7.35%
2021-12-31	$35.90B	21.62%
2021-09-30	$29.52B	6.39%
2021-06-30	$27.75B	33.37%
2021-03-31	$20.81B	25.31%
2020-12-31	$16.60B	5.03%
2020-09-30	$15.81B	52.05%
2020-06-30	$10.40B	-52.96%
2020-03-31	$22.10B	-20.72%
2019-12-31	$27.88B	2.31%
2019-09-30	$27.25B	-5.82%
2019-06-30	$28.93B	19.25%
2019-03-31	$24.26B	-15.55%
2018-12-31	$28.73B	-6.87%
2018-09-30	$30.85B	-0.54%
2018-06-30	$31.02B	17.31%
2018-03-31	$26.44B	0.18%
2017-12-31	$26.39B	12.01%
2017-09-30	$23.56B	5.88%
2017-06-30	$22.25B	2.21%
2017-03-31	$21.77B	5.12%
2016-12-31	$20.71B	5.41%
2016-09-30	$19.65B	0.33%
2016-06-30	$19.58B	24.63%
2016-03-31	$15.71B	-16.31%
2015-12-31	$18.78B	-16.84%
2015-09-30	$22.58B	-10.11%
2015-06-30	$25.12B	17.76%
2015-03-31	$21.33B	-23.44%
2014-12-31	$27.86B	-19.03%
2014-09-30	$34.41B	-1.45%
2014-06-30	$34.91B	3.72%
2014-03-31	$33.66B	-2.22%
2013-12-31	$34.43B	-4.73%
2013-09-30	$36.14B	6.18%
2013-06-30	$34.03B	1.67%
2013-03-31	$33.47B	-3.52%
2012-12-31	$34.70B	-0.09%
2012-09-30	$34.73B	0.18%
2012-06-30	$34.66B	-1.44%
2012-03-31	$35.17B	1.42%
2011-12-31	$34.67B	2.85%
2011-09-30	$33.71B	7.73%
2011-06-30	$31.29B	18.95%
2011-03-31	$26.31B	41.40%
2010-12-31	$18.61B	-16.23%
2010-09-30	$22.21B	2.00%
2010-06-30	$21.77B	10.85%
2010-03-31	$19.64B	16.19%
2009-12-31	$16.91B	-13.25%
2009-09-30	$19.49B	8.73%
2009-06-30	$17.93B	29.67%
2009-03-31	$13.82B	-25.55%
2008-12-31	$18.57B	-48.36%
2008-09-30	$35.96B	-1.86%
2008-06-30	$36.64B	31.11%
2008-03-31	$27.95B	-4.55%
2007-12-31	$29.28B	-

Valero Energy generated $32.88B in revenue during Q3 2024, up -4.60% compared to the previous quarter, and up 95.27% compared to the same period a year ago.

Valero Energy Revenue Breakdown

Valero Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Ethanol	$5.56B	$4.75B	$5.16B	$3.02B	-
Renewable Diesel	$6.99B	$3.48B	$1.87B	$1.05B	-
Refining	$136.49B	$168.15B	$106.95B	$60.84B	-
Other Revenues	-	-	-	-	$2.00M

Valero Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Refining (91.58%), Renewable Diesel (4.69%), and Ethanol (3.73%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Renewable Diesel	$1.23B	$1.18B	$3.33B	$1.43B	$1.30B	$935.00M	$1.07B	$967.00M	$855.00M	$595.00M	$684.00M	$342.00M	$496.00M	$352.00M	$205.00M	$305.00M	$239.00M	$306.00M	$284.00M	-
Refining	$31.34B	$33.05B	$33.56B	$36.53B	$32.00B	$34.41B	$39.57B	$42.28B	$49.49B	$36.81B	$33.52B	$27.99B	$25.97B	$19.47B	$15.51B	$14.73B	$9.62B	$20.98B	$26.64B	-
Ethanol	$1.15B	$1.12B	$1.81B	$1.43B	$1.22B	$1.10B	$1.11B	$1.21B	$1.29B	$1.13B	$1.70B	$1.19B	$1.28B	$985.00M	$886.00M	$777.00M	$543.00M	$811.00M	$958.00M	-
Other Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.00M

Valero Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Refining (92.96%), Renewable Diesel (3.63%), and Ethanol (3.40%).

Valero Energy Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Other Countries	$7.87B	$20.10B	$11.13B	$6.18B	$9.65B
UNITED STATES	$104.21B	$126.72B	$82.94B	$45.17B	$77.17B
United Kingdom And Ireland	$16.15B	-	-	-	-
CANADA	$10.11B	$11.74B	$6.60B	$4.29B	$7.92B
United Kingdom and Ireland	-	$17.82B	$13.31B	$9.27B	$13.58B

Valero Energy's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (75.33%), United Kingdom And Ireland (11.67%), CANADA (7.31%), and Other Countries (5.69%).

Valero Energy Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MPC	Marathon Petroleum	$148.47B	$35.37B
PSX	Phillips 66	$147.40B	$36.16B
VLO	Valero Energy	$144.77B	$32.88B
PBF	PBF Energy	$38.32B	$8.38B
DINO	HF Sinclair	$31.96B	$7.21B
SUN	Sunoco LP	$23.07B	$5.75B
DK	Delek US	$16.92B	$2.83B
CVI	CVR Energy	$9.25B	$1.83B
CAPL	CrossAmerica Partners LP	$4.39B	$2.05B
DKL	Delek Logistics Partners, LP	$1.02B	$214.07M

VLO Revenue FAQ

What is Valero Energy’s yearly revenue?

Valero Energy's yearly revenue for 2023 was $144.77B, representing a decrease of -17.93% compared to 2022. The company's yearly revenue for 2022 was $176.38B, representing an increase of 54.75% compared to 2021. VLO's yearly revenue for 2021 was $113.98B, representing an increase of 75.59% compared to 2020.

What is Valero Energy’s quarterly revenue?

Valero Energy's quarterly revenue for Q3 2024 was $32.88B, a -4.60% decrease from the previous quarter (Q2 2024), and a -14.39% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $34.46B, a 8.58% increase from the previous quarter (Q1 2024), and a -0.13% decrease year-over-year (Q2 2023). VLO's quarterly revenue for Q1 2024 was $31.74B, a -10.38% decrease from the previous quarter (Q4 2023), and a -12.90% decrease year-over-year (Q1 2023).

What is Valero Energy’s revenue growth rate?

Valero Energy's revenue growth rate for the last 3 years (2021-2023) was 27.01%, and for the last 5 years (2019-2023) was 33.64%.

What are Valero Energy’s revenue streams?

Valero Energy's revenue streams in c 23 are Ethanol, Renewable Diesel, and Refining. Ethanol generated $5.56B in revenue, accounting 3.73% of the company's total revenue, up 17.13% year-over-year. Renewable Diesel generated $6.99B in revenue, accounting 4.69% of the company's total revenue, up 100.72% year-over-year. Refining generated $136.49B in revenue, accounting 91.58% of the company's total revenue, down -18.83% year-over-year.

What is Valero Energy’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Valero Energy was Refining. This segment made a revenue of $136.49B, representing 91.58% of the company's total revenue.