Valero Energy Corporation (VLO) 10-Year Financial Performance & Capital Metrics

VLO • • Industrial / General

EnergyOil Refining & MarketingTraditional Petroleum Refining & MarketingIntegrated Refiners & Marketers

AboutValero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, and low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; and asphalts, petrochemicals, lubricants, and other refined petroleum products, as well as sells lube oils and natural gas liquids. As of December 31, 2021, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day; and 12 ethanol plants with a combined ethanol production capacity of approximately 1.6 billion gallons per year. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.Show more

Revenue $129.88B -10.3%
EBITDA $6.53B -55.2%
Net Income $2.77B -68.6%
EPS (Diluted) 8.58 -65.6%
Gross Margin 3.66% -58.8%
EBITDA Margin 5.03% -50.0%
Operating Margin 2.89% -64.7%
Net Margin 2.13% -65.1%
ROE 9.88% -69.8%
ROIC 8.03% -68.8%
Debt/Equity 0.42 -5.4%
Interest Coverage 6.75 -66.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 31.2%
✓14 consecutive years of dividend growth
✓High quality earnings: Operating CF exceeds net income
✓Healthy dividend yield of 2.3%
✓Share count reduced 8.8% through buybacks
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-0.07%

5Y3.7%

3Y4.45%

TTM-11.63%

Profit (Net Income) CAGR

10Y-2.67%

5Y2.72%

3Y43.88%

TTM-87.16%

EPS CAGR

10Y2.28%

5Y7.96%

3Y55.77%

TTM-86.23%

ROCE

10Y Avg13.07%

5Y Avg14.62%

3Y Avg23.93%

Latest8.26%

Peer Comparison

Integrated Refiners & Marketers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DINOHF Sinclair Corporation	9.16B	49.82	54.75	-10.59%	1.46%	4.14%	6.98%	0.33
PSXPhillips 66	56.41B	140.01	28.06	-2.81%	1.14%	5.36%	4.13%	0.70
VLOValero Energy Corporation	56.3B	184.58	21.51	-10.28%	0.62%	2.84%	10.26%	0.42
MPCMarathon Petroleum Corporation	53.38B	177.59	17.60	-6.41%	1.13%	6.35%	11.49%	1.17
CSANCosan S.A.	3.75B	3.79	-0.18	11.36%	-31.04%	-41.23%	100%	1.85
DKDelek US Holdings, Inc.	1.74B	29.01	-3.31	-29.94%	-4.83%	-115.76%		4.98
PARRPar Pacific Holdings, Inc.	1.94B	38.64	-65.49	-3.13%	3.15%	16.9%		1.32

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	87.8B	75.66B	93.98B	117.03B	108.32B	64.91B	113.98B	176.38B	144.77B	129.88B
Revenue Growth %	-0.33%	-0.14%	0.24%	0.25%	-0.07%	-0.4%	0.76%	0.55%	-0.18%	-0.1%
Cost of Goods Sold+	80.74B	71.32B	89.48B	111.49B	103.6B	65.7B	110.89B	159.63B	131.88B	125.12B
COGS % of Revenue	0.92%	0.94%	0.95%	0.95%	0.96%	1.01%	0.97%	0.91%	0.91%	0.96%
Gross Profit+	7.07B	4.34B	4.5B	5.54B	4.72B	-788M	3.08B	16.75B	12.89B	4.76B
Gross Margin %	0.08%	0.06%	0.05%	0.05%	0.04%	-0.01%	0.03%	0.09%	0.09%	0.04%
Gross Profit Growth %	0.07%	-0.39%	0.03%	0.23%	-0.15%	-1.17%	4.91%	4.44%	-0.23%	-0.63%
Operating Expenses+	710M	715M	896M	970M	889M	791M	952M	1.06B	1.03B	1B
OpEx % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Selling, General & Admin	710M	715M	835M	925M	868M	756M	865M	934M	998M	961M
SG&A % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	76M	130M	21M	35M	87M	127M	33M	44M
Operating Income+	6.36B	3.57B	3.6B	4.57B	3.84B	-1.58B	2.13B	15.69B	11.86B	3.75B
Operating Margin %	0.07%	0.05%	0.04%	0.04%	0.04%	-0.02%	0.02%	0.09%	0.08%	0.03%
Operating Income Growth %	0.08%	-0.44%	0.01%	0.27%	-0.16%	-1.41%	2.35%	6.37%	-0.24%	-0.68%
EBITDA+	8.2B	5.47B	5.58B	6.64B	6.09B	772M	4.54B	18.16B	14.56B	6.53B
EBITDA Margin %	0.09%	0.07%	0.06%	0.06%	0.06%	0.01%	0.04%	0.1%	0.1%	0.05%
EBITDA Growth %	0.08%	-0.33%	0.02%	0.19%	-0.08%	-0.87%	4.87%	3.01%	-0.2%	-0.55%
D&A (Non-Cash Add-back)	1.84B	1.89B	1.99B	2.07B	2.25B	2.35B	2.4B	2.47B	2.7B	2.77B
EBIT	6.36B	3.62B	3.6B	4.6B	3.88B	-1.45B	2.15B	15.87B	11.96B	4.25B
Net Interest Income+	-433M	-446M	-468M	-470M	-454M	-563M	-603M	-562M	-299M	-556M
Interest Income	0	0	0	0	0	0	0	0	293M	0
Interest Expense	433M	446M	468M	470M	454M	563M	603M	562M	592M	556M
Other Income/Expense	-387M	-352M	-356M	-340M	-350M	-431M	-587M	-383M	-90M	-57M
Pretax Income+	5.97B	3.18B	3.21B	4.23B	3.49B	-2.01B	1.54B	15.31B	11.77B	3.7B
Pretax Margin %	0.07%	0.04%	0.03%	0.04%	0.03%	-0.03%	0.01%	0.09%	0.08%	0.03%
Income Tax+	1.87B	765M	-949M	879M	702M	-903M	255M	3.43B	2.62B	692M
Effective Tax Rate %	0.67%	0.72%	1.27%	0.74%	0.69%	0.71%	0.6%	0.75%	0.75%	0.75%
Net Income+	3.99B	2.29B	4.07B	3.12B	2.42B	-1.43B	930M	11.53B	8.84B	2.77B
Net Margin %	0.05%	0.03%	0.04%	0.03%	0.02%	-0.02%	0.01%	0.07%	0.06%	0.02%
Net Income Growth %	0.1%	-0.43%	0.78%	-0.23%	-0.22%	-1.59%	1.65%	11.4%	-0.23%	-0.69%
Net Income (Continuing)	4.1B	2.42B	4.16B	3.35B	2.78B	-1.11B	1.29B	11.88B	9.15B	3.01B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	827M	830M	909M	1.06B	733M	841M	1.39B	1.91B	2.18B	3.01B
EPS (Diluted)+	7.99	4.94	9.16	7.29	5.85	-3.50	2.27	29.00	24.95	8.58
EPS Growth %	0.17%	-0.38%	0.85%	-0.2%	-0.2%	-1.6%	1.65%	11.78%	-0.14%	-0.66%
EPS (Basic)	8.00	4.94	9.17	7.33	5.85	-3.50	2.27	29.08	24.95	8.58
Diluted Shares Outstanding	500M	464M	444M	428M	413M	407M	407M	396M	353M	322M
Basic Shares Outstanding	497M	461M	442M	426M	413M	407M	407M	395M	353M	322M
Dividend Payout Ratio	0.21%	0.49%	0.31%	0.44%	0.62%	-	1.72%	0.14%	0.16%	0.5%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	14.8B	16.8B	19.31B	17.68B	18.97B	15.84B	21.16B	24.13B	26.22B	23.74B
Cash & Short-Term Investments	4.11B	4.82B	5.85B	2.98B	2.58B	3.31B	4.12B	4.86B	5.42B	4.66B
Cash Only	4.11B	4.82B	5.85B	2.98B	2.58B	3.31B	4.12B	4.86B	5.42B	4.66B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	4.68B	5.9B	6.92B	7.34B	8.9B	6.11B	10.38B	11.92B	12.53B	10.71B
Days Sales Outstanding	19.46	28.47	26.88	22.91	30	34.35	33.23	24.66	31.58	30.09
Inventory	5.9B	5.71B	6.38B	6.53B	7.01B	6.04B	6.26B	6.75B	7.58B	7.76B
Days Inventory Outstanding	26.66	29.22	26.04	21.38	24.71	33.54	20.62	15.44	20.99	22.64
Other Current Assets	0	0	0	0	0	0	0	600M	689M	611M
Total Non-Current Assets+	29.37B	29.37B	30.85B	32.48B	34.9B	35.93B	36.72B	36.85B	36.84B	36.41B
Property, Plant & Equipment	26.7B	26.47B	27.48B	28.85B	30.59B	31.59B	32.13B	32.09B	31.34B	30.41B
Fixed Asset Turnover	3.29x	2.86x	3.42x	4.06x	3.54x	2.05x	3.55x	5.50x	4.62x	4.27x
Goodwill	0	0	0	260M	260M	260M	260M	260M	260M	260M
Intangible Assets	156M	148M	142M	307M	283M	248M	218M	202M	183M	151M
Long-Term Investments	201M	201M	530M	542M	942M	972M	734M	724M	713M	695M
Other Non-Current Assets	2.27B	2.55B	2.69B	2.52B	2.82B	2.86B	3.38B	3.57B	4.33B	4.89B
Total Assets+	44.34B	46.17B	50.16B	50.16B	53.86B	51.77B	57.89B	60.98B	63.06B	60.14B
Asset Turnover	1.98x	1.64x	1.87x	2.33x	2.01x	1.25x	1.97x	2.89x	2.30x	2.16x
Asset Growth %	-0.03%	0.04%	0.09%	-0%	0.07%	-0.04%	0.12%	0.05%	0.03%	-0.05%
Total Current Liabilities+	7.19B	8.33B	11.07B	10.72B	13.16B	9.28B	16.85B	17.46B	16.8B	15.49B
Accounts Payable	4.91B	6.36B	8.35B	8.59B	10.21B	6.08B	12.49B	12.73B	12.57B	12.09B
Days Payables Outstanding	22.18	32.54	34.05	28.14	35.95	33.79	41.13	29.1	34.78	35.27
Short-Term Debt	127M	115M	122M	238M	494M	723M	1.26B	1.11B	1.41B	743M
Deferred Revenue (Current)	0	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	75M	275M	215M	106M	95M	104M	76M	56M	78M	118M
Current Ratio	2.06x	2.02x	1.74x	1.65x	1.44x	1.71x	1.26x	1.38x	1.56x	1.53x
Quick Ratio	1.24x	1.33x	1.17x	1.04x	0.91x	1.06x	0.88x	1.00x	1.11x	1.03x
Cash Conversion Cycle	23.94	25.15	18.87	16.16	18.76	34.11	12.73	11	17.79	17.46
Total Non-Current Liabilities+	15.63B	16.99B	16.19B	16.7B	18.17B	22.85B	21.22B	18.05B	17.73B	17.13B
Long-Term Debt	7.21B	7.89B	8.75B	8.87B	9.18B	13.95B	12.61B	10.53B	10.12B	9.72B
Capital Lease Obligations	0	0	0	0	959M	885M	940M	776M	753M	699M
Deferred Tax Liabilities	7.06B	7.36B	4.71B	4.96B	5.1B	5.28B	5.21B	5.22B	5.35B	5.27B
Other Non-Current Liabilities	1.61B	1.74B	2.73B	2.87B	2.93B	2.73B	2.46B	1.53B	1.51B	1.44B
Total Liabilities	22.99B	25.32B	27.26B	27.42B	31.33B	32.13B	38.07B	35.51B	34.53B	32.62B
Total Debt+	7.33B	8B	8.87B	9.11B	10.96B	15.85B	15.13B	12.72B	12.64B	11.54B
Net Debt	3.22B	3.19B	3.02B	6.13B	8.38B	12.53B	11B	7.86B	7.21B	6.88B
Debt / Equity	0.34x	0.38x	0.39x	0.40x	0.49x	0.81x	0.76x	0.50x	0.44x	0.42x
Debt / EBITDA	0.89x	1.46x	1.59x	1.37x	1.80x	20.53x	3.34x	0.70x	0.87x	1.77x
Net Debt / EBITDA	0.39x	0.58x	0.54x	0.92x	1.38x	16.24x	2.43x	0.43x	0.50x	1.05x
Interest Coverage	14.68x	8.01x	7.69x	9.73x	8.45x	-2.80x	3.53x	27.92x	20.03x	6.75x
Total Equity+	21.35B	20.85B	22.9B	22.73B	22.54B	19.64B	19.82B	25.47B	28.52B	27.52B
Equity Growth %	0.01%	-0.02%	0.1%	-0.01%	-0.01%	-0.13%	0.01%	0.29%	0.12%	-0.04%
Book Value per Share	42.71	44.94	51.58	53.11	54.57	48.26	48.69	64.31	80.80	85.47
Total Shareholders' Equity	20.53B	20.02B	21.99B	21.67B	21.8B	18.8B	18.43B	23.56B	26.35B	24.51B
Common Stock	7M	7M	7M	7M	7M	7M	7M	7M	7M	7M
Retained Earnings	25.19B	26.37B	29.2B	31.04B	31.97B	28.95B	28.28B	38.25B	45.63B	47.02B
Treasury Stock	-10.8B	-12.03B	-13.31B	-14.93B	-15.65B	-15.72B	-15.68B	-20.2B	-25.32B	-28.18B
Accumulated OCI	-933M	-1.41B	-940M	-1.51B	-1.35B	-1.25B	-1.01B	-1.36B	-870M	-1.27B
Minority Interest	827M	830M	909M	1.06B	733M	841M	1.39B	1.91B	2.18B	3.01B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	5.61B	4.82B	5.48B	4.37B	5.53B	948M	5.86B	12.57B	9.23B	6.68B
Operating CF Margin %	0.06%	0.06%	0.06%	0.04%	0.05%	0.01%	0.05%	0.07%	0.06%	0.05%
Operating CF Growth %	0.32%	-0.14%	0.14%	-0.2%	0.27%	-0.83%	5.18%	1.15%	-0.27%	-0.28%
Net Income	3.99B	2.29B	4.07B	3.12B	1.33B	-1.11B	1.29B	11.88B	9.15B	2.77B
Depreciation & Amortization	1.84B	1.89B	1.99B	2.07B	2.25B	2.35B	2.4B	2.47B	2.7B	2.77B
Stock-Based Compensation	59M	0	77M	86M	89M	0	88M	103M	0	100M
Deferred Taxes	165M	230M	-2.54B	203M	234M	158M	-126M	50M	103M	-87M
Other Non-Cash Items	842M	-563M	14M	145M	2.09B	-19M	43M	-1.72B	-11M	136M
Working Capital Changes	-1.29B	970M	1.88B	-1.25B	-465M	-435M	2.16B	-210M	-2.71B	990M
Change in Receivables	1.29B	-1.53B	-870M	-457M	-1.58B	2.77B	-4.38B	-1.62B	0	1.56B
Change in Inventory	-222M	771M	-516M	-197M	-385M	1.01B	-253M	-672M	0	-286M
Change in Payables	-1.79B	1.56B	1.84B	304M	1.53B	-4.07B	6.3B	521M	-169M	-430M
Cash from Investing+	-2.49B	-2.01B	-2.38B	-3.93B	-3B	-2.42B	-2.16B	-2.81B	-1.86B	-1.98B
Capital Expenditures	-1.62B	-1.28B	-1.38B	-3.2B	-2B	-1.79B	-1.67B	-1.68B	-911M	0
CapEx % of Revenue	0.02%	0.02%	0.01%	0.03%	0.02%	0.03%	0.01%	0.01%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-728M	-724M	-597M	8M	-768M	-583M	-1.02B	-1.19B	-992M	-2.03B
Cash from Financing+	-2.54B	-2.01B	-2.27B	-3.17B	-3B	2.08B	-2.85B	-8.85B	-6.94B	-5.05B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-848M	-1.11B	-1.24B	-1.37B	-1.49B	-1.6B	-1.6B	-1.56B	-1.45B	-1.38B
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	208M	-243M	-17M	-99M	-113M	-242M	-10M	100M	-91M	-142M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	3.99B	3.54B	4.1B	2.3B	-1.68B	-840M	4.19B	10.89B	8.32B	5.78B
FCF Margin %	0.05%	0.05%	0.04%	0.02%	-0.02%	-0.01%	0.04%	0.06%	0.06%	0.04%
FCF Growth %	0.91%	-0.11%	0.16%	-0.44%	-1.73%	0.5%	5.99%	1.6%	-0.24%	-0.31%
FCF per Share	7.99	7.63	9.24	5.37	-4.07	-2.06	10.30	27.51	23.56	17.94
FCF Conversion (FCF/Net Income)	1.41x	2.11x	1.35x	1.40x	2.28x	-0.66x	6.30x	1.09x	1.04x	2.41x
Interest Paid	416M	427M	457M	463M	452M	526M	0	570M	562M	556M
Taxes Paid	2.09B	444M	410M	1.36B	116M	203M	0	3.29B	3.49B	843M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	18.73%	10.85%	18.58%	13.68%	10.7%	-6.76%	4.71%	50.91%	32.73%	9.88%
Return on Invested Capital (ROIC)	19.66%	11.02%	10.81%	12.52%	9.63%	-3.75%	5.07%	36.69%	25.75%	8.03%
Gross Margin	8.05%	5.74%	4.78%	4.74%	4.36%	-1.21%	2.7%	9.5%	8.9%	3.66%
Net Margin	4.54%	3.03%	4.33%	2.67%	2.24%	-2.2%	0.82%	6.54%	6.1%	2.13%
Debt / Equity	0.34x	0.38x	0.39x	0.40x	0.49x	0.81x	0.76x	0.50x	0.44x	0.42x
Interest Coverage	14.68x	8.01x	7.69x	9.73x	8.45x	-2.80x	3.53x	27.92x	20.03x	6.75x
FCF Conversion	1.41x	2.11x	1.35x	1.40x	2.28x	-0.66x	6.30x	1.09x	1.04x	2.41x
Revenue Growth	-32.89%	-13.83%	24.22%	24.53%	-7.44%	-40.08%	75.59%	54.75%	-17.93%	-10.28%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Refining	-	215.9B	-	-	-	60.84B	106.95B	168.15B	136.49B	123.86B
Refining Growth	-	-	-	-	-	-	75.78%	57.23%	-18.83%	-9.25%
Renewable Diesel	-	-	-	-	-	1.05B	1.87B	3.48B	6.99B	5.07B
Renewable Diesel Growth	-	-	-	-	-	-	77.63%	85.86%	100.72%	-27.54%
Ethanol	-	11.49B	-	-	-	3.02B	5.16B	4.75B	5.56B	4.49B
Ethanol Growth	-	-	-	-	-	-	70.90%	-7.95%	17.13%	-19.30%
Other Revenues	-	-	5M	4M	2M	-	-	-	-	-
Other Revenues Growth	-	-	-	-20.00%	-50.00%	-	-	-	-	-
Retail	-	-	-	-	-	-	-	-	-	-
Retail Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	60.32B	51.48B	-	82.99B	77.17B	45.17B	82.94B	126.72B	104.21B	93.31B
UNITED STATES Growth	-	-14.66%	-	-	-7.01%	-41.46%	83.60%	52.79%	-17.77%	-10.46%
United Kingdom And Ireland	-	-	-	-	-	-	-	-	16.15B	15.24B
United Kingdom And Ireland Growth	-	-	-	-	-	-	-	-	-	-5.65%
CANADA	6.84B	6.12B	7.04B	9.21B	7.92B	4.29B	6.6B	11.74B	10.11B	8.58B
CANADA Growth	-	-10.61%	15.11%	30.86%	-14.07%	-45.75%	53.63%	78.01%	-13.93%	-15.14%
Other Countries	-	-	-	9.62B	9.65B	6.18B	11.13B	20.1B	7.87B	7.35B
Other Countries Growth	-	-	-	-	0.31%	-36.01%	80.26%	80.51%	-60.86%	-6.52%
United Kingdom and Ireland	-	-	-	15.21B	13.58B	9.27B	13.31B	17.82B	-	-
United Kingdom and Ireland Growth	-	-	-	-	-10.68%	-31.77%	43.58%	33.93%	-	-

Frequently Asked Questions

Valuation & Price

Valero Energy Corporation (VLO) has a price-to-earnings (P/E) ratio of 21.5x. This is roughly in line with market averages.

Growth & Financials

Valero Energy Corporation (VLO) reported $123.78B in revenue for fiscal year 2024. This represents a 2% decrease from $125.99B in 2011.

Valero Energy Corporation (VLO) saw revenue decline by 10.3% over the past year.

Yes, Valero Energy Corporation (VLO) is profitable, generating $764.0M in net income for fiscal year 2024 (2.1% net margin).

Dividend & Returns

Yes, Valero Energy Corporation (VLO) pays a dividend with a yield of 2.33%. This makes it attractive for income-focused investors.

Valero Energy Corporation (VLO) has a return on equity (ROE) of 9.9%. This is below average, suggesting room for improvement.

Valero Energy Corporation (VLO) generated $3.74B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...