Valero Energy Corporation (VLO)

Operating return on assets (Operating ROA)

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Operating income (ttm) US$ in thousands 1,954,000 952,000 1,176,000 3,755,000 4,960,000 7,956,000 9,494,000 11,858,000 14,600,000 14,889,000 18,349,000 15,690,000 12,989,000 9,890,000 4,180,000 2,130,000 66,000 -1,248,000 32,000 -1,579,000
Total assets US$ in thousands 58,615,000 59,433,000 59,177,000 60,143,000 60,382,000 63,615,000 62,574,000 63,056,000 63,175,000 60,667,000 60,177,000 60,982,000 59,329,000 64,345,000 60,402,000 57,888,000 54,691,000 55,456,000 53,614,000 51,774,000
Operating ROA 3.33% 1.60% 1.99% 6.24% 8.21% 12.51% 15.17% 18.81% 23.11% 24.54% 30.49% 25.73% 21.89% 15.37% 6.92% 3.68% 0.12% -2.25% 0.06% -3.05%

September 30, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,954,000K ÷ $58,615,000K
= 3.33%