Cost of revenue · 2015–2025

Valero Energy cost of revenue

$117B−6.3% · FY2025

Valero Energy (VLO) reported $117B in cost of revenue for fiscal 2025, −6.3% year on year.

$80.7B2015$71.3B2016$89.5B2017$111B2018$104B2019$65.7B2020$111B2021$160B2022$132B2023$125B2024$117B2025
Valero Energy — Cost of revenue, 2015–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$117B−6.3%Open →
FY20242024-12-31$125B−5.1%Open →
FY20232023-12-31$132B−17.4%Open →
FY20222022-12-31$160B+44.0%Open →
FY20212021-12-31$111B+68.8%Open →
FY20202020-12-31$65.7B−36.6%Open →
FY20192019-12-31$104B−7.1%Open →
FY20182018-12-31$111B+24.5%Open →
FY20172017-12-31$89.5B+25.5%Open →
FY20162016-12-31$71.3B−11.6%Open →
FY20152015-12-31$80.7B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +3.8%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Valero Energy cost of revenue |url=https://companiesranked.com/en/company/valero-energy/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Valero Energy cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/valero-energy/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-valero-energy-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Valero Energy cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/valero-energy/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-011499 · February 25, 2026

{{cite web |title=Valero Energy cost of revenue — 10-K (0001628280-26-011499) |url=https://www.sec.gov/Archives/edgar/data/1035002/000162828026011499/vlo-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-25}}

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