Operating Profit Margin
since 2005
Calculation
Valero Energy Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income (loss)1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 8.19% | = | 100 | × | 11,858) | ÷ | 144,766) |
| Dec 31, 2022 | 8.90% | = | 100 | × | 15,690) | ÷ | 176,383) |
| Dec 31, 2021 | 1.87% | = | 100 | × | 2,130) | ÷ | 113,977) |
| Dec 31, 2020 | -2.43% | = | 100 | × | (1,579) | ÷ | 64,912) |
| Dec 31, 2019 | 3.54% | = | 100 | × | 3,836) | ÷ | 108,324) |
| Dec 31, 2018 | 3.91% | = | 100 | × | 4,572) | ÷ | 117,033) |
| Dec 31, 2017 | 3.83% | = | 100 | × | 3,599) | ÷ | 93,980) |
| Dec 31, 2016 | 4.72% | = | 100 | × | 3,572) | ÷ | 75,659) |
| Dec 31, 2015 | 7.24% | = | 100 | × | 6,358) | ÷ | 87,804) |
| Dec 31, 2014 | 4.51% | = | 100 | × | 5,902) | ÷ | 130,844) |
| Dec 31, 2013 | 2.87% | = | 100 | × | 3,963) | ÷ | 138,074) |
| Dec 31, 2012 | 2.88% | = | 100 | × | 4,010) | ÷ | 139,250) |
| Dec 31, 2011 | 2.92% | = | 100 | × | 3,680) | ÷ | 125,987) |
| Dec 31, 2010 | 2.28% | = | 100 | × | 1,876) | ÷ | 82,233) |
| Dec 31, 2009 | -0.09% | = | 100 | × | (58) | ÷ | 68,144) |
| Dec 31, 2008 | 0.47% | = | 100 | × | 563) | ÷ | 119,114) |
| Dec 31, 2007 | 7.26% | = | 100 | × | 6,918) | ÷ | 95,327) |
| Dec 31, 2006 | 8.72% | = | 100 | × | 8,010) | ÷ | 91,833) |
| Dec 31, 2005 | 6.64% | = | 100 | × | 5,459) | ÷ | 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., operating profit margin, long-term trends, comparison to competitors
| Valero Energy Corp. | Texas Pacific Land Corp. | |
|---|---|---|
| Dec 31, 2023 | 8.19% | 76.96% |
| Dec 31, 2022 | 8.90% | 84.25% |
| Dec 31, 2021 | 1.87% | 80.36% |
| Dec 31, 2020 | -2.43% | 71.81% |
| Dec 31, 2019 | 3.54% | 81.46% |
| Dec 31, 2018 | 3.91% | 86.88% |
| Dec 31, 2017 | 3.83% | 90.51% |
| Dec 31, 2016 | 4.72% | 91.90% |
| Dec 31, 2015 | 7.24% | 94.76% |
| Dec 31, 2014 | 4.51% | 93.14% |
| Dec 31, 2013 | 2.87% | 90.98% |
| Dec 31, 2012 | 2.88% | 89.92% |
| Dec 31, 2011 | 2.92% | 89.61% |
| Dec 31, 2010 | 2.28% | 81.72% |
| Dec 31, 2009 | -0.09% | 76.35% |
| Dec 31, 2008 | 0.47% | 80.72% |
| Dec 31, 2007 | 7.26% | 74.41% |
| Dec 31, 2006 | 8.72% | 72.65% |
| Dec 31, 2005 | 6.64% | 77.41% |
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).