Valero Historical Income Statement

VLO Stock  USD 167.81  0.56  0.33%   
Historical analysis of Valero Energy income statement accounts such as Depreciation And Amortization of 2.8 B, Total Revenue of 152 B, Gross Profit of 13.8 B or Other Operating Expenses of 139.3 B can show how well Valero Energy performed in making a profits. Evaluating Valero Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Valero Energy's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Valero Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Valero Energy is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.

About Valero Income Statement Analysis

Valero Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Valero Energy shareholders. The income statement also shows Valero investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Valero Energy Income Statement Chart

Valero Energy Income Statement is one of the three primary financial statements used for reporting Valero's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Valero Energy revenue and expense. Valero Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Valero Energy's EBITDA is very stable compared to the past year. As of the 28th of March 2024, Cost Of Revenue is likely to grow to about 138.2 B, though Total Other Income Expense Net is likely to grow to (349.6 M).

Total Revenue

Total revenue comprises all receipts Valero Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Valero Energy. It is also known as Valero Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Valero Energy income statement and represents the costs associated with goods and services Valero Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Valero Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Valero Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.At this time, Valero Energy's EBITDA is very stable compared to the past year. As of the 28th of March 2024, Cost Of Revenue is likely to grow to about 138.2 B, though Total Other Income Expense Net is likely to grow to (349.6 M).
 2021 2022 2023 2024 (projected)
Total Revenue114.0B176.4B144.8B152.0B
Depreciation And Amortization16M240M2.7B2.8B

Valero Energy income statement Correlations

0.390.470.370.470.370.530.370.160.47-0.040.410.610.20.03-0.390.670.470.180.27-0.030.62-0.380.780.280.21
0.390.761.00.740.710.721.00.710.73-0.20.70.720.610.67-0.510.390.690.390.7-0.270.520.090.230.11-0.32
0.470.760.711.00.990.990.710.621.0-0.150.990.890.50.43-0.680.620.980.290.31-0.310.780.030.490.36-0.36
0.371.00.710.680.660.671.00.70.68-0.20.650.680.610.68-0.470.350.640.390.73-0.260.470.10.20.08-0.3
0.470.741.00.680.990.990.680.61.0-0.110.990.890.490.4-0.680.620.980.290.28-0.310.790.020.490.37-0.35
0.370.710.990.660.990.980.650.640.98-0.160.990.830.510.42-0.70.650.980.280.23-0.310.750.080.480.36-0.46
0.530.720.990.670.990.980.670.620.99-0.160.980.880.50.38-0.710.720.990.290.26-0.290.80.00.590.38-0.38
0.371.00.711.00.680.650.670.70.68-0.20.650.680.60.68-0.470.350.640.390.73-0.260.470.10.190.08-0.3
0.160.710.620.70.60.640.620.70.59-0.260.630.360.910.84-0.390.540.660.340.68-0.710.120.320.230.03-0.7
0.470.731.00.681.00.980.990.680.59-0.090.990.890.470.39-0.680.620.980.310.26-0.30.80.010.50.38-0.34
-0.04-0.2-0.15-0.2-0.11-0.16-0.16-0.2-0.26-0.09-0.07-0.14-0.3-0.210.27-0.19-0.10.37-0.18-0.14-0.04-0.270.040.150.35
0.410.70.990.650.990.990.980.650.630.99-0.070.810.50.42-0.680.630.990.320.26-0.350.720.060.480.38-0.36
0.610.720.890.680.890.830.880.680.360.89-0.140.810.280.24-0.610.50.80.240.23-0.080.93-0.110.470.32-0.18
0.20.610.50.610.490.510.50.60.910.47-0.30.50.280.81-0.370.50.540.230.76-0.690.020.430.13-0.04-0.67
0.030.670.430.680.40.420.380.680.840.39-0.210.420.240.81-0.120.190.420.380.82-0.69-0.070.13-0.040.03-0.52
-0.39-0.51-0.68-0.47-0.68-0.7-0.71-0.47-0.39-0.680.27-0.68-0.61-0.37-0.12-0.63-0.7-0.12-0.010.03-0.65-0.31-0.360.20.29
0.670.390.620.350.620.650.720.350.540.62-0.190.630.50.50.19-0.630.730.230.12-0.230.55-0.090.870.29-0.43
0.470.690.980.640.980.980.990.640.660.98-0.10.990.80.540.42-0.70.730.320.26-0.360.720.030.580.39-0.41
0.180.390.290.390.290.280.290.390.340.310.370.320.240.230.38-0.120.230.320.22-0.430.23-0.090.180.36-0.21
0.270.70.310.730.280.230.260.730.680.26-0.180.260.230.760.82-0.010.120.260.22-0.47-0.090.12-0.020.0-0.21
-0.03-0.27-0.31-0.26-0.31-0.31-0.29-0.26-0.71-0.3-0.14-0.35-0.08-0.69-0.690.03-0.23-0.36-0.43-0.470.14-0.25-0.01-0.010.47
0.620.520.780.470.790.750.80.470.120.8-0.040.720.930.02-0.07-0.650.550.720.23-0.090.14-0.210.580.34-0.08
-0.380.090.030.10.020.080.00.10.320.01-0.270.06-0.110.430.13-0.31-0.090.03-0.090.12-0.25-0.21-0.52-0.47-0.43
0.780.230.490.20.490.480.590.190.230.50.040.480.470.13-0.04-0.360.870.580.18-0.02-0.010.58-0.520.46-0.04
0.280.110.360.080.370.360.380.080.030.380.150.380.32-0.040.030.20.290.390.360.0-0.010.34-0.470.46-0.01
0.21-0.32-0.36-0.3-0.35-0.46-0.38-0.3-0.7-0.340.35-0.36-0.18-0.67-0.520.29-0.43-0.41-0.21-0.210.47-0.08-0.43-0.04-0.01
Click cells to compare fundamentals

Valero Energy Account Relationship Matchups

Valero Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization104M132M16M240M2.7B2.8B
Total Revenue108.3B64.9B114.0B176.4B144.8B152.0B
Gross Profit4.7B(788M)3.1B16.8B13.2B13.8B
Other Operating Expenses104.5B66.5B111.8B160.6B132.7B139.3B
Operating Income3.8B(1.6B)2.1B15.7B12.1B12.7B
Ebit3.8B(1.6B)2.1B15.7B12.1B12.7B
Ebitda3.9B(1.4B)2.1B15.9B14.8B15.6B
Cost Of Revenue103.6B65.7B110.9B159.6B131.6B138.2B
Total Operating Expenses889M791M952M1B1.0B1.1B
Income Before Tax3.5B(2.0B)1.5B15.3B11.8B12.4B
Total Other Income Expense Net(350M)(431M)(587M)(383M)(368M)(349.6M)
Net Income2.4B(1.1B)1.3B11.5B8.8B9.3B
Income Tax Expense702M(903M)255M3.4B2.6B2.7B
Interest Expense454M563M603M562M611M641.6M
Selling General Administrative868M756M865M934M998M642.4M
Net Income Applicable To Common Shares2.4B(1.4B)930M11.5B13.2B13.9B
Minority Interest362M314M(358M)(351M)(417M)(396.2M)
Net Income From Continuing Ops2.8B(1.1B)1.3B11.9B11.2B11.7B
Non Operating Income Net Other104M132M16M179M205.9M105.7M
Tax Provision702M(903M)255M3.4B3.3B3.5B
Interest Income379M563M603M562M371M524.9M
Net Interest Income(454M)(563M)(603M)(562M)(209M)(219.5M)
Reconciled Depreciation2.3B2.4B47M2.5B2.6B2.2B

Valero Energy Investors Sentiment

The influence of Valero Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Valero. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Valero Energy's public news can be used to forecast risks associated with an investment in Valero. The trend in average sentiment can be used to explain how an investor holding Valero can time the market purely based on public headlines and social activities around Valero Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Valero Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Valero Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Valero Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Valero Energy.

Valero Energy Implied Volatility

    
  35.48  
Valero Energy's implied volatility exposes the market's sentiment of Valero Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Valero Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Valero Energy stock will not fluctuate a lot when Valero Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Valero Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Valero Energy's short interest history, or implied volatility extrapolated from Valero Energy options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Valero Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valero Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valero Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valero Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Valero Stock analysis

When running Valero Energy's price analysis, check to measure Valero Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Valero Energy is operating at the current time. Most of Valero Energy's value examination focuses on studying past and present price action to predict the probability of Valero Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valero Energy's price. Additionally, you may evaluate how the addition of Valero Energy to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Stocks Directory
Find actively traded stocks across global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Is Valero Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Valero Energy. If investors know Valero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Valero Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Dividend Share
4.08
Earnings Share
24.92
Revenue Per Share
393.771
Quarterly Revenue Growth
(0.16)
The market value of Valero Energy is measured differently than its book value, which is the value of Valero that is recorded on the company's balance sheet. Investors also form their own opinion of Valero Energy's value that differs from its market value or its book value, called intrinsic value, which is Valero Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Valero Energy's market value can be influenced by many factors that don't directly affect Valero Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Valero Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valero Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valero Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.