Valero Income Statement Research

VLO Stock  USD 167.00  0.54  0.32%   
Most accounts from Valero Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Valero Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Valero Energy Valuation and Valero Energy Correlation analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.
  
At this time, Valero Energy's EBITDA is very stable compared to the past year. As of the 24th of April 2024, Cost Of Revenue is likely to grow to about 138.2 B, though Total Other Income Expense Net is likely to grow to (349.6 M).
Most accounts from Valero Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Valero Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Valero Energy Valuation and Valero Energy Correlation analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.At this time, Valero Energy's EBITDA is very stable compared to the past year. As of the 24th of April 2024, Cost Of Revenue is likely to grow to about 138.2 B, though Total Other Income Expense Net is likely to grow to (349.6 M).
 2021 2022 2023 2024 (projected)
Total Revenue114.0B176.4B144.8B152.0B
Depreciation And Amortization16M240M2.7B2.8B

Valero Energy income statement Correlations

0.390.470.370.470.370.530.370.160.47-0.040.410.610.20.03-0.390.670.470.180.27-0.030.62-0.380.780.280.21
0.390.761.00.740.710.721.00.710.73-0.20.70.720.610.67-0.510.390.690.390.7-0.270.520.090.230.11-0.32
0.470.760.711.00.990.990.710.621.0-0.150.990.890.50.43-0.680.620.980.290.31-0.310.780.030.490.36-0.36
0.371.00.710.680.660.671.00.70.68-0.20.650.680.610.68-0.470.350.640.390.73-0.260.470.10.20.08-0.3
0.470.741.00.680.990.990.680.61.0-0.110.990.890.490.4-0.680.620.980.290.28-0.310.790.020.490.37-0.35
0.370.710.990.660.990.980.650.640.98-0.160.990.830.510.42-0.70.650.980.280.23-0.310.750.080.480.36-0.46
0.530.720.990.670.990.980.670.620.99-0.160.980.880.50.38-0.710.720.990.290.26-0.290.80.00.590.38-0.38
0.371.00.711.00.680.650.670.70.68-0.20.650.680.60.68-0.470.350.640.390.73-0.260.470.10.190.08-0.3
0.160.710.620.70.60.640.620.70.59-0.260.630.360.910.84-0.390.540.660.340.68-0.710.120.320.230.03-0.7
0.470.731.00.681.00.980.990.680.59-0.090.990.890.470.39-0.680.620.980.310.26-0.30.80.010.50.38-0.34
-0.04-0.2-0.15-0.2-0.11-0.16-0.16-0.2-0.26-0.09-0.07-0.14-0.3-0.210.27-0.19-0.10.37-0.18-0.14-0.04-0.270.040.150.35
0.410.70.990.650.990.990.980.650.630.99-0.070.810.50.42-0.680.630.990.320.26-0.350.720.060.480.38-0.36
0.610.720.890.680.890.830.880.680.360.89-0.140.810.280.24-0.610.50.80.240.23-0.080.93-0.110.470.32-0.18
0.20.610.50.610.490.510.50.60.910.47-0.30.50.280.81-0.370.50.540.230.76-0.690.020.430.13-0.04-0.67
0.030.670.430.680.40.420.380.680.840.39-0.210.420.240.81-0.120.190.420.380.82-0.69-0.070.13-0.040.03-0.52
-0.39-0.51-0.68-0.47-0.68-0.7-0.71-0.47-0.39-0.680.27-0.68-0.61-0.37-0.12-0.63-0.7-0.12-0.010.03-0.65-0.31-0.360.20.29
0.670.390.620.350.620.650.720.350.540.62-0.190.630.50.50.19-0.630.730.230.12-0.230.55-0.090.870.29-0.43
0.470.690.980.640.980.980.990.640.660.98-0.10.990.80.540.42-0.70.730.320.26-0.360.720.030.580.39-0.41
0.180.390.290.390.290.280.290.390.340.310.370.320.240.230.38-0.120.230.320.22-0.430.23-0.090.180.36-0.21
0.270.70.310.730.280.230.260.730.680.26-0.180.260.230.760.82-0.010.120.260.22-0.47-0.090.12-0.020.0-0.21
-0.03-0.27-0.31-0.26-0.31-0.31-0.29-0.26-0.71-0.3-0.14-0.35-0.08-0.69-0.690.03-0.23-0.36-0.43-0.470.14-0.25-0.01-0.010.47
0.620.520.780.470.790.750.80.470.120.8-0.040.720.930.02-0.07-0.650.550.720.23-0.090.14-0.210.580.34-0.08
-0.380.090.030.10.020.080.00.10.320.01-0.270.06-0.110.430.13-0.31-0.090.03-0.090.12-0.25-0.21-0.52-0.47-0.43
0.780.230.490.20.490.480.590.190.230.50.040.480.470.13-0.04-0.360.870.580.18-0.02-0.010.58-0.520.46-0.04
0.280.110.360.080.370.360.380.080.030.380.150.380.32-0.040.030.20.290.390.360.0-0.010.34-0.470.46-0.01
0.21-0.32-0.36-0.3-0.35-0.46-0.38-0.3-0.7-0.340.35-0.36-0.18-0.67-0.520.29-0.43-0.41-0.21-0.210.47-0.08-0.43-0.04-0.01
Click cells to compare fundamentals

Valero Energy Account Relationship Matchups

Valero Energy income statement Accounts

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)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Valero Energy Valuation and Valero Energy Correlation analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Valero Stock analysis

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.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Money Managers
Screen money managers from public funds and ETFs managed around the world
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
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
24.91
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.