Valero Energy Corporation (VLO)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	2,770,000	3,691,000	5,949,000	7,013,000	8,835,000	10,746,000	10,941,000	13,690,000	11,528,000	9,424,000	7,070,000	2,539,000	930,000	-438,000	-1,365,000	-274,000	-1,421,000	-2,000	1,071,000	430,000
Revenue (ttm)	US$ in thousands	129,810,000	134,468,000	140,020,000	140,066,000	144,766,000	151,098,000	157,148,000	174,280,000	176,383,000	170,540,000	155,606,000	131,713,000	113,977,000	94,678,000	80,967,000	63,616,000	64,912,000	76,187,000	87,627,000	106,163,000
Net profit margin		2.13%	2.74%	4.25%	5.01%	6.10%	7.11%	6.96%	7.86%	6.54%	5.53%	4.54%	1.93%	0.82%	-0.46%	-1.69%	-0.43%	-2.19%	-0.00%	1.22%	0.41%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,770,000K ÷ $129,810,000K
= 2.13%

Valero Energy Corporation's net profit margin has shown fluctuations over the analyzed period, ranging from negative figures to positive percentages. The margin improved from -2.19% in December 2020 to 6.54% in December 2022, indicating a significant recovery in profitability. However, there was a slight dip to 2.13% by December 2024. The highest net profit margin was observed in March 2024 at 7.86%. Overall, Valero Energy Corporation has demonstrated a gradual improvement in its profitability over the years, with some fluctuations in between.