VLO earnings date & Q2 2026 results · Valero Energy
US GAAP · $M · vs Q2 2025 · quarter ended 06/30/2026
Valero Energy Corporation is an American-based fuels producer mostly involved in manufacturing and marketing transportation fuels and other related products. · Wikipedia
More about the company
It is headquartered in San Antonio, Texas, United States. Throughout the United States, Canada, and the United Kingdom, the company owns and operates 14 refineries with a combined throughput capacity of approximately 3.2 million barrels per day, two renewable diesel plants that produce approximately 1.2 billion gallons per year, and 12 ethanol plants with a combined production capacity of 1.6 billion gallons as its subsidiaries.
Key growth driver: Revenue growth of +49% y/y — the report gives no segment split, so the driver is the whole business. · by the Q2 2026 report
When is VLO’s next earnings date?
Thursday, October 22, 2026confirmed · before market open
Valero Energy (VLO) is scheduled to report results for the quarter ending Sep 2026 on Oct 22, 2026. Consensus EPS forecast: $18.09 (6 analysts), vs $3.66 in the same quarter last year.
What time does VLO report? Usually before market open: the last 4 results releases reached the SEC at 8:15 am, 8:09 am, 8:19 am, 8:20 am ET.
Last report: Jul 30, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$44,476
+48.8%
Operating income
$5,196
×5.2
11.7% margin vs 3.3%
Net income
$4,073
×6.1
Verdict: a textbook refining-cycle peak — revenue +49% but the real story is the spread: costs grew far slower, so operating income multiplied 5x to $5.2B and EPS hit $12.62 (vs $2.28); enjoy it as a cyclical high, not a run-rate — this is what tight product markets pay a refiner.
Cash rose to $7.9B from $4.7B at year-end. Share count down 6% y/y (buybacks). Prior-year H1 carried a $1.1B asset impairment (California exposure) that is absent this year.
Source and notation
* marks non-cash / ≈ estimated. D&A combines cost-of-sales and G&A depreciation. Source: Valero 10-Q (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
VLO earnings history: past report dates
| Jul 30, 2026 Thu | 8:15 ambefore market open | Jun 30, 2026 | — | $12.62+454% y/y |
| Apr 30, 2026 Thu | 8:09 ambefore market open | Mar 31, 2026 | — | $4.22 |
| Jan 29, 2026 Thu | 8:19 ambefore market open | Dec 31, 2025 | — | ≈$3.66+273% y/y |
| Oct 23, 2025 Thu | 8:20 ambefore market open | Sep 30, 2025 | — | $3.53+210% y/y |
| Jul 24, 2025 Thu | 8:19 ambefore market open | Jun 30, 2025 | — | $2.28−16% y/y |
| Apr 16, 2025 Wed | 8:36 ambefore market open | Mar 31, 2025 | — | −$1.90 |
| Jan 30, 2025 Thu | 8:20 ambefore market open | Dec 31, 2024 | — | ≈$0.98−74% y/y |
| Oct 24, 2024 Thu | 8:19 ambefore market open | Sep 30, 2024 | — | $1.14−85% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Valero Energy: 5-year financials
| 2025 | 122,687 | 3,181 | 2,348 | 1,405 |
| 2024 | 129,881 | 3,755 | 2,770 | 1,384 |
| 2023 | 144,766 | 11,858 | 8,835 | 1,452 |
| 2022 | 176,383 | 15,690 | 11,528 | 1,562 |
| 2021 | 113,977 | 2,130 | 930 | 1,602 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Feb 202610-K FY2025 cover: a single class of common stock; Legal Proceedings covers environmental matters — no shareholder suits and no SEC cases. sec.gov ↗
- Feb 2026Shares outstanding of 299.0M vs. 408.6M in February 2021 (−26.8%). data.sec.gov ↗
- Dec 2025Dividend per share: $3.92 in 2020–2022, $4.08 (2023), $4.28 (2024), $4.52 (2025). data.sec.gov ↗
Scoring: 2.0, no deductions: single share class, share count −27% over 5 years, dividend not cut even in 2020, no shareholder suits or SEC cases = 2.0
- Share classes
- Single class of common stock (NYSE: VLO).
- Dilution
- Shares 408.6M (February 2021) → 299.0M (February 2026), −26.8%; SBC 0.1% of revenue.
- Disclosure
- Full 10-K/10-Q reporting.
- Dividends
- $3.92 per share in 2020–2022 (not cut even in the 2020 loss year) → $4.52 (2025); buybacks of $2.6–5.1B a year in 2022–2025.
- Lawsuits & regulators
- 2025 10-K: environmental proceedings; no shareholder disclosure suits and no SEC cases.
- Related parties
- 2026 proxy: the CEO reimburses personal aircraft use under a time-sharing agreement; no other transactions.
How the score works · checked as of Sep 2026
Valero Energy (VLO) earnings: FAQ
When is VLO's next earnings date?
Valero Energy (VLO) is scheduled to report on Oct 22, 2026, before market open.
What time does VLO report earnings?
Valero Energy is scheduled to report before market open on Oct 22, 2026. Its last results releases were filed before market open, most recently at 8:15 am ET on Jul 30, 2026.
When did VLO last report earnings?
Valero Energy reported Q2 2026 results on Jul 30, 2026.
What is the EPS estimate for VLO's next earnings?
The consensus EPS forecast is $18.09 (6 analysts), vs $3.66 in the same quarter last year.
Where can I find Valero Energy's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to VLO's filings; this page breaks the latest report down in a Sankey chart.
What was VLO's net income in Q2 2026?
Valero Energy reported net income of $4,073M for Q2 2026 (×6.1 year over year), under US GAAP.
Does Valero Energy pay dividends?
Yes. In 2025, Valero Energy paid $1,405M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/26/2026. How we make the breakdowns · Report an error
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