Return on Assets (ROA)
since 2005
Calculation
Valero Energy Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to Valero Energy Corporation stockholders1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 14.01% | = | 100 | × | 8,835) | ÷ | 63,056) |
| Dec 31, 2022 | 18.90% | = | 100 | × | 11,528) | ÷ | 60,982) |
| Dec 31, 2021 | 1.61% | = | 100 | × | 930) | ÷ | 57,888) |
| Dec 31, 2020 | -2.74% | = | 100 | × | (1,421) | ÷ | 51,774) |
| Dec 31, 2019 | 4.50% | = | 100 | × | 2,422) | ÷ | 53,864) |
| Dec 31, 2018 | 6.22% | = | 100 | × | 3,122) | ÷ | 50,155) |
| Dec 31, 2017 | 8.10% | = | 100 | × | 4,065) | ÷ | 50,158) |
| Dec 31, 2016 | 4.96% | = | 100 | × | 2,289) | ÷ | 46,173) |
| Dec 31, 2015 | 9.00% | = | 100 | × | 3,990) | ÷ | 44,343) |
| Dec 31, 2014 | 7.97% | = | 100 | × | 3,630) | ÷ | 45,550) |
| Dec 31, 2013 | 5.76% | = | 100 | × | 2,720) | ÷ | 47,260) |
| Dec 31, 2012 | 4.68% | = | 100 | × | 2,083) | ÷ | 44,477) |
| Dec 31, 2011 | 4.89% | = | 100 | × | 2,090) | ÷ | 42,783) |
| Dec 31, 2010 | 0.86% | = | 100 | × | 324) | ÷ | 37,621) |
| Dec 31, 2009 | -5.56% | = | 100 | × | (1,982) | ÷ | 35,629) |
| Dec 31, 2008 | -3.29% | = | 100 | × | (1,131) | ÷ | 34,417) |
| Dec 31, 2007 | 12.25% | = | 100 | × | 5,234) | ÷ | 42,722) |
| Dec 31, 2006 | 14.47% | = | 100 | × | 5,463) | ÷ | 37,753) |
| Dec 31, 2005 | 10.97% | = | 100 | × | 3,590) | ÷ | 32,728) |
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., ROA, long-term trends, comparison to competitors
| Valero Energy Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 14.01% | 8.17% | 11.42% | 9.57% | 11.26% | 6.35% |
| Dec 31, 2022 | 18.90% | 13.76% | 19.91% | 15.10% | 16.15% | 18.32% |
| Dec 31, 2021 | 1.61% | 6.52% | 8.91% | 6.80% | 11.41% | 3.09% |
| Dec 31, 2020 | -2.74% | -2.31% | -4.31% | -6.74% | -11.54% | -18.52% |
| Dec 31, 2019 | 4.50% | 1.23% | 10.20% | 3.95% | 2.68% | -0.61% |
| Dec 31, 2018 | 6.22% | 5.84% | 8.94% | 6.02% | 2.99% | 9.42% |
| Dec 31, 2017 | 8.10% | 3.62% | -1.17% | 5.65% | 7.00% | 3.12% |
| Dec 31, 2016 | 4.96% | -0.19% | -4.03% | 2.37% | 2.64% | -1.33% |
| Dec 31, 2015 | 9.00% | 1.72% | -4.54% | 4.80% | 6.61% | -18.02% |
| Dec 31, 2014 | 7.97% | 7.23% | 5.89% | 9.30% | 8.29% | 1.09% |
| Dec 31, 2013 | 5.76% | 8.44% | 7.76% | 9.39% | 7.44% | 8.50% |
| Dec 31, 2012 | 4.68% | 11.24% | 7.19% | 13.45% | 12.45% | 7.16% |
| Dec 31, 2011 | 4.89% | 12.84% | 8.12% | 12.40% | 9.28% | 11.28% |
| Dec 31, 2010 | 0.86% | 10.30% | 7.27% | 10.07% | — | 8.64% |
| Dec 31, 2009 | -5.56% | 6.37% | 3.18% | 8.26% | — | 6.59% |
| Dec 31, 2008 | -3.29% | 14.85% | -11.90% | 19.83% | — | 16.51% |
| Dec 31, 2007 | 12.25% | 12.56% | 6.69% | 16.78% | — | 14.79% |
| Dec 31, 2006 | 14.47% | 12.92% | 9.44% | 18.04% | — | 12.93% |
| Dec 31, 2005 | 10.97% | 11.20% | 12.64% | 17.34% | — | 20.23% |
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., ROA, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Valero Energy Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 14.01% | 9.57% |
| Dec 31, 2022 | 18.90% | 15.81% |
| Dec 31, 2021 | 1.61% | 6.73% |
| Dec 31, 2020 | -2.74% | -6.66% |
| Dec 31, 2019 | 4.50% | 3.09% |
| Dec 31, 2018 | 6.22% | 6.06% |
| Dec 31, 2017 | 8.10% | 4.51% |
| Dec 31, 2016 | 4.96% | 0.81% |
| Dec 31, 2015 | 9.00% | 1.84% |
| Dec 31, 2014 | 7.97% | 7.57% |
| Dec 31, 2013 | 5.76% | 8.56% |
| Dec 31, 2012 | 4.68% | 10.92% |
| Dec 31, 2011 | 4.89% | 11.14% |
| Dec 31, 2010 | 0.86% | 8.95% |
| Dec 31, 2009 | -5.56% | 5.64% |
| Dec 31, 2008 | -3.29% | 9.52% |
| Dec 31, 2007 | 12.25% | 12.63% |
| Dec 31, 2006 | 14.47% | 13.95% |
| Dec 31, 2005 | 10.97% | 14.53% |
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., ROA, long-term trends, comparison to industry (energy)
| Valero Energy Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 14.01% | 9.53% |
| Dec 31, 2022 | 18.90% | 15.46% |
| Dec 31, 2021 | 1.61% | 6.63% |
| Dec 31, 2020 | -2.74% | -7.52% |
| Dec 31, 2019 | 4.50% | 1.89% |
| Dec 31, 2018 | 6.22% | 5.83% |
| Dec 31, 2017 | 8.10% | 3.98% |
| Dec 31, 2016 | 4.96% | 0.55% |
| Dec 31, 2015 | 9.00% | 1.93% |
| Dec 31, 2014 | 7.97% | 7.61% |
| Dec 31, 2013 | 5.76% | 8.66% |
| Dec 31, 2012 | 4.68% | 10.78% |
| Dec 31, 2011 | 4.89% | 11.01% |
| Dec 31, 2010 | 0.86% | 8.91% |
| Dec 31, 2009 | -5.56% | 5.83% |
| Dec 31, 2008 | -3.29% | 9.89% |
| Dec 31, 2007 | 12.25% | 12.88% |
| Dec 31, 2006 | 14.47% | 14.04% |
| Dec 31, 2005 | 10.97% | 14.44% |
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).