Valero Energy Corporation (VLO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 3.55% | 4.36% | 6.35% | 7.52% | 8.90% | 10.38% | 10.15% | 11.15% | 9.50% | 8.20% | 6.99% | 3.88% | 2.70% | 1.00% | -0.46% | 1.40% | -1.21% | 1.89% | 3.38% | 1.99% |
| Operating profit margin | 2.80% | 3.60% | 5.59% | 6.75% | 8.19% | 9.66% | 9.47% | 10.53% | 8.54% | 7.25% | 5.95% | 2.70% | 1.87% | 0.07% | -1.54% | 0.05% | -2.43% | 0.83% | 2.43% | 1.18% |
| Pretax margin | 2.85% | 3.66% | 5.65% | 6.73% | 8.13% | 9.58% | 9.37% | 10.39% | 8.68% | 7.23% | 5.90% | 2.68% | 1.35% | -0.35% | -2.00% | -0.64% | -3.10% | 0.32% | 2.01% | 0.85% |
| 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% |
Valero Energy Corporation's profitability ratios have shown fluctuations over the reported periods. The gross profit margin has steadily increased from 1.99% in March 2020 to 3.55% in December 2024, indicating an improvement in the efficiency of the company's core operations.
Similarly, the operating profit margin has shown an upward trend, starting at 1.18% in March 2020, peaking at 6.75% in March 2024, before declining slightly. This reflects better control over operating expenses and enhanced operational efficiency.
The pretax margin, which indicates the company's ability to generate profits before accounting for taxes, has also demonstrated a positive trajectory, rising from 0.85% in March 2020 to 2.85% in December 2024. This suggests improved profitability and stronger financial performance.
The net profit margin, reflecting the company's overall profitability after all expenses including taxes, has shown a similar pattern of improvement, increasing from 0.41% in March 2020 to 2.13% in December 2024. This indicates that Valero Energy Corporation has been able to effectively manage costs and increase its bottom line profitability over the reported periods.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.04% | 8.01% | 12.31% | 15.12% | 18.39% | 23.11% | 24.54% | 30.49% | 24.70% | 20.84% | 14.40% | 5.88% | 3.68% | 0.12% | -2.25% | 0.06% | -3.05% | 1.22% | 4.34% | 2.62% |
| Return on assets (ROA) | 4.61% | 6.11% | 9.35% | 11.21% | 13.70% | 17.01% | 18.03% | 22.75% | 18.90% | 15.88% | 10.99% | 4.20% | 1.61% | -0.80% | -2.46% | -0.51% | -2.74% | -0.00% | 2.18% | 0.90% |
| Return on total capital | 16.46% | 20.40% | 31.64% | 36.81% | 45.38% | 56.85% | 58.16% | 74.08% | 67.21% | 54.31% | 46.91% | 22.29% | 11.80% | 4.95% | 0.79% | 10.64% | 1.44% | 12.79% | 19.53% | 15.82% |
| Return on equity (ROE) | 11.30% | 14.62% | 23.38% | 26.91% | 33.53% | 41.37% | 42.32% | 54.81% | 48.93% | 39.74% | 33.72% | 13.49% | 5.05% | -2.51% | -7.73% | -1.54% | -7.56% | -0.01% | 5.40% | 2.28% |
Valero Energy Corporation's profitability ratios have shown a fluctuating trend over the past few years, reflecting changes in the company's financial performance.
- The Operating return on assets (Operating ROA) has improved significantly from March 2022 to March 2024, increasing from 5.88% to 15.12%. This indicates that the company's operating profitability relative to its assets has been on an upward trajectory.
- The Return on assets (ROA) also exhibited a similar trend, with a notable increase from March 2022 to March 2024, rising from 4.20% to 11.21%. This suggests that Valero has been more effective in generating profits from its assets during this period.
- The Return on total capital has shown a remarkable improvement from March 2022 to March 2024, surging from 22.29% to 36.81%. This indicates that Valero has been able to generate higher returns relative to its total capital employed in the business.
- The Return on equity (ROE) has demonstrated a consistent growth pattern from March 2022 to March 2024, increasing from 13.49% to 26.91%. This indicates that the company has been more efficient in generating returns for its shareholders during this period.
Overall, Valero Energy Corporation's profitability ratios have shown positive momentum and improvement in financial performance, particularly in generating higher returns from its assets, capital, and equity over the analyzed period.
See also:
Valero Energy Corporation Profitability Ratios (Quarterly Data)