Valero Energy Financials

VLO Stock  USD 170.69  2.88  1.72%   
Based on the key measurements obtained from Valero Energy's financial statements, Valero Energy is doing better financially then in previous quarter. It has a moderate likelihood of reporting better financial numbers in April. At this time, Valero Energy's Retained Earnings are very stable compared to the past year. As of the 28th of March 2024, Cash is likely to grow to about 5.7 B, while Property Plant And Equipment Net is likely to drop about 15.7 B. Key indicators impacting Valero Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.690.3715
Way Up
Slightly volatile
Current Ratio1.171.5606
Way Down
Pretty Stable
The financial analysis of Valero Energy is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Valero Energy includes many different criteria found on its balance sheet. For example, investors should never minimize Valero Energy's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Valero Energy's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Valero Energy.

Cash And Equivalents

3.26 Billion

With this module, you can analyze Valero financials for your investing period. You should be able to track the changes in Valero Energy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Valero Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Valero Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Valero Energy's assets may result in an increase in income on the income statement.
Evaluating Valero Energy's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Valero Energy's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Valero Energy's relative financial performance

Chance Of Distress

Less than 3

 
100  
 
Zero
Very Low
Valero Energy has less than 3 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Valero Energy stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Valero Energy's odds of distress score SHOULD NOT be confused with the real chance of Valero Energy filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Valero is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Valero Energy's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Valero Energy's official financial statements usually reflect Valero Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Valero Energy. For example, before you start analyzing numbers published by Valero accountants, it's critical to develop an understanding of what Valero Energy's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Valero Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Valero Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Valero Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Valero Energy. Please utilize our Beneish M Score to check the likelihood of Valero Energy's management manipulating its earnings.

Valero Energy Company Summary

Valero Energy competes with Youdao, Meta Data, John Wiley, Adient PLC, and Universal Technical. Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas. Valero Energy operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 9794 people.
Foreign Associate
  Mexico
Specialization
Energy, Oil & Gas Refining & Marketing
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001035002
ISINUS91913Y1001
CUSIP91913Y100
RegionNorth America
LocationTexas; U.S.A
Business AddressOne Valero Way,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.valero.com
Phone210 345 2000
CurrencyUSD - US Dollar
You should never invest in Valero Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Valero Stock, because this is throwing your money away. Analyzing the key information contained in Valero Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Valero Energy Key Financial Ratios

Generally speaking, Valero Energy's financial ratios allow both analysts and investors to convert raw data from Valero Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Valero Energy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Valero Energy reports annually and quarterly.

Valero Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets53.9B51.8B57.9B61.0B64.5B67.7B
Other Current Liab2.1B2.1B2.7B3.2B2.4B2.6B
Net Debt8.4B12.5B(2.2B)(1.3B)7.2B7.6B
Retained Earnings32.0B29.0B28.3B38.2B45.6B47.9B
Cash2.6B3.3B4.1B4.9B5.4B5.7B
Net Receivables8.9B6.1B10.4B11.9B12.5B13.2B
Inventory7.0B6.0B6.3B6.8B7.6B8.0B
Other Current Assets12.0B9.8B14.9B17.4B578M549.1M
Total Liab31.3B32.1B38.1B35.5B36.0B37.8B
Total Current Assets19.0B15.8B21.2B24.1B26.2B27.5B
Short Term Debt825M1.0B1.6B1.4B1.8B1.9B
Accounts Payable10.2B6.1B12.5B12.7B12.6B13.2B
Other Liab8.0B8.0B7.7B6.8B7.8B4.1B
Other Assets2.8B2.9B3.4B3.7B4.3B4.5B
Long Term Debt9.2B14.0B10.8B8.4B8.0B7.5B
Treasury Stock(15.6B)(15.7B)(15.7B)(20.2B)(18.2B)(17.3B)
Intangible Assets283M248M218M202M183M173.9M
Net Tangible Assets21.8B18.8B17.5B23.6B27.1B21.1B

Valero Energy Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Valero Energy's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue108.3B64.9B114.0B176.4B144.8B152.0B
Gross Profit4.7B(788M)3.1B16.8B13.2B13.8B
Operating Income3.8B(1.6B)2.1B15.7B12.1B12.7B
Ebit3.8B(1.6B)2.1B15.7B12.1B12.7B
Ebitda3.9B(1.4B)2.1B15.9B14.8B15.6B
Cost Of Revenue103.6B65.7B110.9B159.6B131.6B138.2B
Income Before Tax3.5B(2.0B)1.5B15.3B11.8B12.4B
Net Income2.4B(1.1B)1.3B11.5B8.8B9.3B
Income Tax Expense702M(903M)255M3.4B2.6B2.7B
Interest Expense454M563M603M562M611M641.6M
Minority Interest362M314M(358M)(351M)(417M)(396.2M)
Tax Provision702M(903M)255M3.4B3.3B3.5B
Interest Income379M563M603M562M371M524.9M
Net Interest Income(454M)(563M)(603M)(562M)(209M)(219.5M)

Valero Energy Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Valero Energy. It measures of how well Valero is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Valero Energy brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Valero had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Valero Energy has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(399M)730M809M740M562M590.1M
Free Cash Flow(1.7B)(770M)(1.2B)(1.0B)7.3B7.7B
Depreciation2.3B2.4B2.4B2.5B2.7B2.8B
Other Non Cash Items780M675M762M(13.5B)7.0B7.3B
Dividends Paid1.5B1.6B1.6B1.6B(1.5B)(1.4B)
Capital Expenditures2.0B1.8B1.7B1.7B1.9B1.4B
Net Income2.8B(1.1B)1.3B11.9B8.8B9.2B
End Period Cash Flow2.6B3.3B4.1B4.9B5.4B5.7B
Change To Inventory(385M)1.0B(253M)(672M)(684M)(649.8M)
Change To Netincome234M139M5M97M87.3M121.4M
Net Borrowings320M4.1B(1.4B)(2.9B)(2.6B)(2.5B)
Investments(164M)(54M)261M31M(2.1B)(2.0B)

Valero Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Valero Energy's current stock value. Our valuation model uses many indicators to compare Valero Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Valero Energy competition to find correlations between indicators driving Valero Energy's intrinsic value. More Info.
Valero Energy is rated first in target price category among related companies. It is rated first in earnings per share category among related companies creating about  0.16  of Earnings Per Share per Target Price. The ratio of Target Price to Earnings Per Share for Valero Energy is roughly  6.44 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Valero Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Valero Energy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Valero Energy's earnings, one of the primary drivers of an investment's value.

Valero Energy Systematic Risk

Valero Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Valero Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Valero Energy correlated with the market. If Beta is less than 0 Valero Energy generally moves in the opposite direction as compared to the market. If Valero Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Valero Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Valero Energy is generally in the same direction as the market. If Beta > 1 Valero Energy moves generally in the same direction as, but more than the movement of the benchmark.

About Valero Energy Financials

What exactly are Valero Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Valero Energy's income statement, its balance sheet, and the statement of cash flows. Potential Valero Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Valero Energy investors may use each financial statement separately, they are all related. The changes in Valero Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Valero Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Valero Energy Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Valero Energy is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Valero has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Valero Energy's financials are consistent with your investment objective using the following steps:
  • Review Valero Energy's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Valero Energy's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Valero Energy's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Valero Energy's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Valero Energy Thematic Clasifications

Valero Energy is part of several thematic ideas from Climate Change to Power Assets. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Valero Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Valero Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Valero Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.35)

At this time, Valero Energy's Price Earnings To Growth Ratio is very stable compared to the past year.

Valero Energy March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Valero Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Valero Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Valero Energy based on widely used predictive technical indicators. In general, we focus on analyzing Valero Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Valero Energy's daily price indicators and compare them against related drivers.
When determining whether Valero Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valero Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valero Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valero Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Valero Energy's price analysis, check to measure Valero Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Valero Energy is operating at the current time. Most of Valero Energy's value examination focuses on studying past and present price action to predict the probability of Valero Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valero Energy's price. Additionally, you may evaluate how the addition of Valero Energy to your portfolios can decrease your overall portfolio volatility.
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Is Valero Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Valero Energy. If investors know Valero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Valero Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Dividend Share
4.08
Earnings Share
24.92
Revenue Per Share
393.771
Quarterly Revenue Growth
(0.16)
The market value of Valero Energy is measured differently than its book value, which is the value of Valero that is recorded on the company's balance sheet. Investors also form their own opinion of Valero Energy's value that differs from its market value or its book value, called intrinsic value, which is Valero Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Valero Energy's market value can be influenced by many factors that don't directly affect Valero Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Valero Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valero Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valero Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.