Company / Operating Income
Valero Energy Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$3.2B
FY2025
5-year range
$2.1B / $15.7B
FY2021-FY2025
Trend
-15.3%
vs FY2024
Sector context
#9 of 88
Energy
What the data says
Among 88 Energy companies, Valero Energy is in the top 10% for operating income. Operating Income has declined for 3 consecutive years, from $15.7B in FY2022 to $3.2B in FY2025.
Based on SEC 10-K filings.
$3.2B in FY2025 with a 3-year CAGR of -41.3%. Top quartile in the Energy sector.
Declined from $11.9B to $3.2B over the past 2 years.
Energy sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -41.3%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 10% in EnergyTop 10% of 88This company $3.2B Sector average $903.7M
▼
+252.0% above sector average
Key checks
Key Insights
- Valero Energy's operating income has declined for 3 consecutive years.
- 3-year CAGR of -41.3%, indicating a declining trend.
- In FY2025, operating income decreased 15.3% year-over-year.
- Ranks #9 out of 88 companies in the Energy sector.
Company context
Key Data Points
- Altman Z-Score 0.57 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.2B | -15.3% |
| FY2024 | $3.8B | -68.3% |
| FY2023 | $11.9B | -24.4% |
| FY2022 | $15.7B | +636.6% |
| FY2021 | $2.1B | +234.9% |
| FY2020 | -$1.6B | -141.2% |
| FY2019 | $3.8B | -16.1% |
| FY2018 | $4.6B | +28.3% |
| FY2017 | $3.6B | +0.8% |
| FY2016 | $3.5B | -44.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026