Net Profit Margin
since 2005
Calculation
Valero Energy Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to Valero Energy Corporation stockholders1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 6.10% | = | 100 | × | 8,835) | ÷ | 144,766) |
| Dec 31, 2022 | 6.54% | = | 100 | × | 11,528) | ÷ | 176,383) |
| Dec 31, 2021 | 0.82% | = | 100 | × | 930) | ÷ | 113,977) |
| Dec 31, 2020 | -2.19% | = | 100 | × | (1,421) | ÷ | 64,912) |
| Dec 31, 2019 | 2.24% | = | 100 | × | 2,422) | ÷ | 108,324) |
| Dec 31, 2018 | 2.67% | = | 100 | × | 3,122) | ÷ | 117,033) |
| Dec 31, 2017 | 4.33% | = | 100 | × | 4,065) | ÷ | 93,980) |
| Dec 31, 2016 | 3.03% | = | 100 | × | 2,289) | ÷ | 75,659) |
| Dec 31, 2015 | 4.54% | = | 100 | × | 3,990) | ÷ | 87,804) |
| Dec 31, 2014 | 2.77% | = | 100 | × | 3,630) | ÷ | 130,844) |
| Dec 31, 2013 | 1.97% | = | 100 | × | 2,720) | ÷ | 138,074) |
| Dec 31, 2012 | 1.50% | = | 100 | × | 2,083) | ÷ | 139,250) |
| Dec 31, 2011 | 1.66% | = | 100 | × | 2,090) | ÷ | 125,987) |
| Dec 31, 2010 | 0.39% | = | 100 | × | 324) | ÷ | 82,233) |
| Dec 31, 2009 | -2.91% | = | 100 | × | (1,982) | ÷ | 68,144) |
| Dec 31, 2008 | -0.95% | = | 100 | × | (1,131) | ÷ | 119,114) |
| Dec 31, 2007 | 5.49% | = | 100 | × | 5,234) | ÷ | 95,327) |
| Dec 31, 2006 | 5.95% | = | 100 | × | 5,463) | ÷ | 91,833) |
| Dec 31, 2005 | 4.37% | = | 100 | × | 3,590) | ÷ | 82,162) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Valero Energy Corp., net profit margin, long-term trends, comparison to competitors
| Valero Energy Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 6.10% | 10.85% | 19.52% | 10.76% | 6.52% | 16.62% |
| Dec 31, 2022 | 6.54% | 15.05% | 23.80% | 13.98% | 8.18% | 36.32% |
| Dec 31, 2021 | 0.82% | 10.04% | 17.63% | 8.33% | 8.12% | 8.95% |
| Dec 31, 2020 | -2.19% | -5.87% | -14.38% | -12.57% | -14.08% | -83.28% |
| Dec 31, 2019 | 2.24% | 2.09% | 22.07% | 5.61% | 2.13% | -3.27% |
| Dec 31, 2018 | 2.67% | 9.33% | 17.18% | 7.46% | 2.88% | 23.18% |
| Dec 31, 2017 | 4.33% | 6.83% | -2.94% | 8.31% | 4.59% | 10.48% |
| Dec 31, 2016 | 3.03% | -0.45% | -15.26% | 3.59% | 1.85% | -5.69% |
| Dec 31, 2015 | 4.54% | 3.53% | -14.98% | 6.22% | 3.96% | -62.73% |
| Dec 31, 2014 | 2.77% | 9.60% | 13.08% | 8.25% | 2.58% | 3.19% |
| Dec 31, 2013 | 1.97% | 9.73% | 16.83% | 7.74% | 2.11% | 24.14% |
| Dec 31, 2012 | 1.50% | 11.35% | 14.54% | 9.90% | 4.12% | 19.02% |
| Dec 31, 2011 | 1.66% | 11.01% | 5.08% | 8.79% | 3.04% | 28.28% |
| Dec 31, 2010 | 0.39% | 9.60% | 6.00% | 8.23% | — | 23.79% |
| Dec 31, 2009 | -2.91% | 6.26% | 3.25% | 6.39% | — | 18.92% |
| Dec 31, 2008 | -0.95% | 9.03% | -7.06% | 9.84% | — | 28.31% |
| Dec 31, 2007 | 5.49% | 8.73% | 6.34% | 10.40% | — | 28.75% |
| Dec 31, 2006 | 5.95% | 8.36% | 8.47% | 10.81% | — | 23.68% |
| Dec 31, 2005 | 4.37% | 7.28% | 7.54% | 10.07% | — | 34.73% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Valero Energy Corp., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Valero Energy Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 6.10% | 10.07% |
| Dec 31, 2022 | 6.54% | 13.53% |
| Dec 31, 2021 | 0.82% | 8.09% |
| Dec 31, 2020 | -2.19% | -12.77% |
| Dec 31, 2019 | 2.24% | 4.24% |
| Dec 31, 2018 | 2.67% | 7.36% |
| Dec 31, 2017 | 4.33% | 6.33% |
| Dec 31, 2016 | 3.03% | 1.32% |
| Dec 31, 2015 | 4.54% | 2.59% |
| Dec 31, 2014 | 2.77% | 7.31% |
| Dec 31, 2013 | 1.97% | 7.71% |
| Dec 31, 2012 | 1.50% | 9.07% |
| Dec 31, 2011 | 1.66% | 7.73% |
| Dec 31, 2010 | 0.39% | 7.65% |
| Dec 31, 2009 | -2.91% | 5.07% |
| Dec 31, 2008 | -0.95% | 5.22% |
| Dec 31, 2007 | 5.49% | 9.03% |
| Dec 31, 2006 | 5.95% | 9.48% |
| Dec 31, 2005 | 4.37% | 8.76% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Valero Energy Corp., net profit margin, long-term trends, comparison to industry (energy)
| Valero Energy Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 6.10% | 10.16% |
| Dec 31, 2022 | 6.54% | 13.49% |
| Dec 31, 2021 | 0.82% | 8.10% |
| Dec 31, 2020 | -2.19% | -14.38% |
| Dec 31, 2019 | 2.24% | 2.62% |
| Dec 31, 2018 | 2.67% | 7.32% |
| Dec 31, 2017 | 4.33% | 5.77% |
| Dec 31, 2016 | 3.03% | 0.93% |
| Dec 31, 2015 | 4.54% | 2.78% |
| Dec 31, 2014 | 2.77% | 7.51% |
| Dec 31, 2013 | 1.97% | 8.04% |
| Dec 31, 2012 | 1.50% | 9.23% |
| Dec 31, 2011 | 1.66% | 7.89% |
| Dec 31, 2010 | 0.39% | 7.89% |
| Dec 31, 2009 | -2.91% | 5.34% |
| Dec 31, 2008 | -0.95% | 5.57% |
| Dec 31, 2007 | 5.49% | 9.36% |
| Dec 31, 2006 | 5.95% | 9.69% |
| Dec 31, 2005 | 4.37% | 8.87% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).