Quality Investor

VLO

Rank #451

Rank #451 by gross profitability (GP/assets 0.09) · ROE 9.8% · Piotroski F-Score 6 / 9.

As-of 2026-07-22 · CIK 0001035002 · all metrics point-in-time as of the filing date.

Financials

Weakening

Direction over 5 fiscal years

  • Free cash flowstable
  • Gross margindeteriorating
  • Gross profitabilitydeteriorating
  • Net cashimproving
  • Operating margindeteriorating
  • Return on equitydeteriorating
  • Share count (dilution)improving

Monitoring diagnostic of business direction — not a prediction of returns.

Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.

USD in millions, except per-share (EPS) and percentage rows. Values are as originally filed; em-dash = not tagged in that year's filing.
Fiscal year end2025-12-31filed 2026-02-252024-12-31filed 2025-02-262023-12-31filed 2024-02-222022-12-31filed 2023-02-23
Income statement
Revenue122,687.0129,881.0144,766.0176,383.0
Revenue growth (YoY)-5.5%-10.3%-17.9%54.8%
Gross profit5,432.04,805.012,932.016,796.0
Gross margin4.4%3.7%8.9%9.5%
Net income2,348.02,770.08,835.011,528.0
Net margin1.9%2.1%6.1%6.5%
EPS (diluted)$7.57$8.58$24.92$29.04
EPS growth (YoY)-11.8%-65.6%-14.2%
Cash flow
Operating cash flow5,826.06,683.09,229.012,574.0
Capital expenditures2,057.01,916.02,737.0
Free cash flow4,626.07,313.09,837.0

Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?