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Valero Energy CorporationStock · Energy
$267.76−$1.68 (-0.62%)as of market close, Jul 2, 2026
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How Valero Energy makes money

Fiscal year

How does Valero Energy make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

Valero Energy Corporation · FY2025 · year ended 2025-12-31
Revenue$122.7BGross profit$5.4B · 4%Cost of revenue$117.3B · 96%Operating income$3.2B · 3%Operating expenses$2.3B · 2%SG&A$1.0B · 1%Other opex$1.2B · 1%Net income$2.3B · 2%Income tax$759M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.