Return on Equity (ROE)
since 2005
Calculation
Valero Energy Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to Valero Energy Corporation stockholders1 | ÷ | Total Valero Energy Corporation stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 33.53% | = | 100 | × | 8,835) | ÷ | 26,346) |
| Dec 31, 2022 | 48.93% | = | 100 | × | 11,528) | ÷ | 23,561) |
| Dec 31, 2021 | 5.05% | = | 100 | × | 930) | ÷ | 18,430) |
| Dec 31, 2020 | -7.56% | = | 100 | × | (1,421) | ÷ | 18,801) |
| Dec 31, 2019 | 11.11% | = | 100 | × | 2,422) | ÷ | 21,803) |
| Dec 31, 2018 | 14.41% | = | 100 | × | 3,122) | ÷ | 21,667) |
| Dec 31, 2017 | 18.48% | = | 100 | × | 4,065) | ÷ | 21,991) |
| Dec 31, 2016 | 11.43% | = | 100 | × | 2,289) | ÷ | 20,024) |
| Dec 31, 2015 | 19.44% | = | 100 | × | 3,990) | ÷ | 20,527) |
| Dec 31, 2014 | 17.56% | = | 100 | × | 3,630) | ÷ | 20,677) |
| Dec 31, 2013 | 13.98% | = | 100 | × | 2,720) | ÷ | 19,460) |
| Dec 31, 2012 | 11.55% | = | 100 | × | 2,083) | ÷ | 18,032) |
| Dec 31, 2011 | 12.73% | = | 100 | × | 2,090) | ÷ | 16,423) |
| Dec 31, 2010 | 2.16% | = | 100 | × | 324) | ÷ | 15,025) |
| Dec 31, 2009 | -13.46% | = | 100 | × | (1,982) | ÷ | 14,725) |
| Dec 31, 2008 | -7.24% | = | 100 | × | (1,131) | ÷ | 15,620) |
| Dec 31, 2007 | 28.28% | = | 100 | × | 5,234) | ÷ | 18,507) |
| Dec 31, 2006 | 29.36% | = | 100 | × | 5,463) | ÷ | 18,605) |
| Dec 31, 2005 | 23.85% | = | 100 | × | 3,590) | ÷ | 15,050) |
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., ROE, long-term trends, comparison to competitors
| Valero Energy Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 33.53% | 13.28% | 22.23% | 17.58% | 39.67% | 15.52% |
| Dec 31, 2022 | 48.93% | 22.27% | 38.91% | 28.58% | 52.38% | 44.22% |
| Dec 31, 2021 | 5.05% | 11.24% | 17.79% | 13.67% | 37.16% | 11.42% |
| Dec 31, 2020 | -7.56% | -4.21% | -9.05% | -14.28% | -44.26% | -79.85% |
| Dec 31, 2019 | 11.11% | 2.03% | 20.55% | 7.48% | 7.83% | -1.95% |
| Dec 31, 2018 | 14.41% | 9.59% | 19.59% | 10.87% | 7.90% | 19.37% |
| Dec 31, 2017 | 18.48% | 6.21% | -2.79% | 10.50% | 24.46% | 6.37% |
| Dec 31, 2016 | 11.43% | -0.34% | -10.34% | 4.69% | 8.66% | -2.67% |
| Dec 31, 2015 | 19.44% | 3.00% | -11.14% | 9.45% | 21.55% | -32.15% |
| Dec 31, 2014 | 17.56% | 12.41% | 13.23% | 18.65% | 23.48% | 1.76% |
| Dec 31, 2013 | 13.98% | 14.37% | 17.58% | 18.72% | 19.34% | 13.69% |
| Dec 31, 2012 | 11.55% | 19.18% | 17.56% | 27.06% | 28.98% | 11.49% |
| Dec 31, 2011 | 12.73% | 22.16% | 19.07% | 26.59% | 25.13% | 18.00% |
| Dec 31, 2010 | 2.16% | 18.10% | 16.57% | 20.74% | — | 13.95% |
| Dec 31, 2009 | -13.46% | 11.41% | 7.78% | 17.44% | — | 10.02% |
| Dec 31, 2008 | -7.24% | 27.62% | -30.81% | 40.03% | — | 25.12% |
| Dec 31, 2007 | 28.28% | 24.24% | 13.36% | 33.35% | — | 23.66% |
| Dec 31, 2006 | 29.36% | 24.86% | 18.82% | 34.70% | — | 21.80% |
| Dec 31, 2005 | 23.85% | 22.50% | 25.66% | 32.50% | — | 35.13% |
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., ROE, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Valero Energy Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 33.53% | 18.46% |
| Dec 31, 2022 | 48.93% | 30.85% |
| Dec 31, 2021 | 5.05% | 14.29% |
| Dec 31, 2020 | -7.56% | -15.01% |
| Dec 31, 2019 | 11.11% | 6.26% |
| Dec 31, 2018 | 14.41% | 11.38% |
| Dec 31, 2017 | 18.48% | 8.71% |
| Dec 31, 2016 | 11.43% | 1.64% |
| Dec 31, 2015 | 19.44% | 3.64% |
| Dec 31, 2014 | 17.56% | 14.61% |
| Dec 31, 2013 | 13.98% | 16.47% |
| Dec 31, 2012 | 11.55% | 21.32% |
| Dec 31, 2011 | 12.73% | 22.65% |
| Dec 31, 2010 | 2.16% | 17.85% |
| Dec 31, 2009 | -13.46% | 11.52% |
| Dec 31, 2008 | -7.24% | 19.44% |
| Dec 31, 2007 | 28.28% | 24.86% |
| Dec 31, 2006 | 29.36% | 26.99% |
| Dec 31, 2005 | 23.85% | 28.30% |
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., ROE, long-term trends, comparison to industry (energy)
| Valero Energy Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 33.53% | 18.55% |
| Dec 31, 2022 | 48.93% | 30.45% |
| Dec 31, 2021 | 5.05% | 14.23% |
| Dec 31, 2020 | -7.56% | -17.24% |
| Dec 31, 2019 | 11.11% | 3.86% |
| Dec 31, 2018 | 14.41% | 10.98% |
| Dec 31, 2017 | 18.48% | 7.69% |
| Dec 31, 2016 | 11.43% | 1.11% |
| Dec 31, 2015 | 19.44% | 3.81% |
| Dec 31, 2014 | 17.56% | 14.59% |
| Dec 31, 2013 | 13.98% | 16.52% |
| Dec 31, 2012 | 11.55% | 20.90% |
| Dec 31, 2011 | 12.73% | 22.17% |
| Dec 31, 2010 | 2.16% | 17.53% |
| Dec 31, 2009 | -13.46% | 11.80% |
| Dec 31, 2008 | -7.24% | 20.13% |
| Dec 31, 2007 | 28.28% | 25.29% |
| Dec 31, 2006 | 29.36% | 27.27% |
| Dec 31, 2005 | 23.85% | 28.32% |
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).