VALERO ENERGY CORP/TX (VLO) FY2025 Q1 P&L / Income Statement

VALERO ENERGY CORP/TX (VLO) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

30,258,000,000 US dollars

Total cost of sales

29,751,000,000 US dollars

Gross profit (calculated)

507,000,000 US dollars

Operating expenses (calculated)

1,407,000,000 US dollars

Operating income (loss)

negative 900,000,000 US dollars

Other income (expense), net (calculated)

negative 17,000,000 US dollars

Income (loss) before income tax expense (benefit)

negative 917,000,000 US dollars

Income tax expense (benefit)

negative 265,000,000 US dollars

Net income (loss)

negative 652,000,000 US dollars

Ethanol - Distillers Grains

221,000,000 US dollars

Ethanol - Ethanol

787,000,000 US dollars

Refining - Other Product Revenues

3,007,000,000 US dollars

Refining - Distillates

13,376,000,000 US dollars

Refining - Gasoline and Blendstocks

12,374,000,000 US dollars

Renewable Diesel - Neat SAF

63,000,000 US dollars

Renewable Diesel - Renewable Diesel

391,000,000 US dollars

Renewable Diesel - Renewable Naphtha

39,000,000 US dollars

Other operating expenses

4,000,000 US dollars

General and administrative expenses (excluding depreciation and amortization expense reflected below)

261,000,000 US dollars

Depreciation and amortization expense

11,000,000 US dollars

Asset impairment loss

1,131,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to VALERO ENERGY CORP/TX: −$595.00 M; to noncontrolling interests: −$57.00 M.