Valero Energy (VLO) Revenue & Revenue Breakdown
Valero Energy Revenue Highlights
Latest Revenue (Y)
$144.77B
Latest Revenue (Q)
$34.46B
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 |
|---|---|---|
| 2024-06-30 | $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 $34.46B in revenue during Q2 2024, up 8.58% compared to the previous quarter, and up 94.58% 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethanol | $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 | - | - |
| Renewable Diesel | $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 | $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 | - | - |
| Other Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00M | $1.00M |
Valero Energy's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Refining (93.48%), Renewable Diesel (3.35%), and Ethanol (3.17%).
Valero Energy Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| CANADA | $10.11B | $11.74B | $6.60B | $4.29B | $7.92B |
| United Kingdom And Ireland | $16.15B | - | - | - | - |
| UNITED STATES | $104.21B | $126.72B | $82.94B | $45.17B | $77.17B |
| Other Countries | $7.87B | $20.10B | $11.13B | $6.18B | $9.65B |
| 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 | $38.36B |
| PSX | Phillips 66 | $147.40B | $38.91B |
| VLO | Valero Energy | $144.77B | $34.46B |
| PBF | PBF Energy | $38.32B | $8.74B |
| DINO | HF Sinclair | $31.96B | $7.85B |
| SUN | Sunoco LP | $23.07B | $5.85B |
| DK | Delek US | $16.92B | $3.42B |
| CVI | CVR Energy | $9.25B | $1.97B |
| CAPL | CrossAmerica Partners LP | $4.39B | $2.16B |
| DKL | Delek Logistics Partners, LP | $1.02B | $264.63M |
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 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). The company'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). VLO's quarterly revenue for Q4 2023 was $35.41B, a -7.79% decrease from the previous quarter (Q3 2023), and a -15.17% decrease year-over-year (Q4 2022).
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.