Valero Energy Cash Flow Statement
NYSE: VLOEnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Valero Energy free cash flow
In fiscal 2025, Valero Energy generated $5.83 billion of operating cash flow. That left free cash flow of $5.83 billion, a free-cash-flow margin of 4.7% of revenue. Free cash flow was up 25.9% from the prior year's $4.63 billion.
Valero Energy returned $4.00 billion to shareholders: $1.41 billion in dividends and $2.60 billion in share repurchases, equal to 69% of free cash flow. Free cash flow covered dividend payments 4.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
Valero Energy cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.25B | 3.01B | 9.15B | 11.88B | 1.29B | -1.11B | 2.78B | 3.35B | 4.16B | 2.42B |
| Net Income growth (YoY) | -25.28% | -67.14% | -22.98% | +822.28% | — | -139.76% | -16.97% | -19.32% | +71.95% | -41.06% |
| Depreciation & Amortization | 3.16B | 2.77B | 2.70B | 2.47B | 2.40B | 2.35B | 2.25B | 2.07B | 1.99B | 1.89B |
| Stock-Based Compensation | 117.00M | 100.00M | 107.00M | 103.00M | 88.00M | 80.00M | 89.00M | 86.00M | 77.00M | 68.00M |
| Change in Working Capital | -193.00M | 998.00M | -1.32B | -1.96B | 1.90B | 388.00M | 81.00M | -540.00M | 628.00M | 960.00M |
| Operating Cash Flow | 5.83B | 6.68B | 9.23B | 12.57B | 5.86B | 948.00M | 5.53B | 4.37B | 5.48B | 4.82B |
| Capital Expenditures | — | -2.06B | -1.92B | -2.74B | -2.46B | -2.44B | -2.85B | -3.38B | -1.35B | -1.28B |
| Investing Cash Flow | -1.84B | -1.98B | -1.86B | -2.81B | -2.16B | -2.42B | -3.00B | -3.93B | -2.38B | -2.01B |
| Dividends Paid | -1.41B | -1.38B | -1.45B | -1.56B | -1.60B | -1.60B | -1.49B | -1.37B | -1.24B | -1.11B |
| Share Repurchases | -2.60B | -2.88B | -5.14B | -4.58B | -27.00M | -156.00M | -777.00M | -1.71B | -1.37B | -1.34B |
| Debt Issued | — | — | — | — | — | — | — | — | 380.00M | 2.15B |
| Financing Cash Flow | -4.18B | -5.05B | -6.94B | -8.85B | -2.85B | 2.08B | -3.00B | -3.17B | -2.27B | -2.01B |
| Net Change in Cash | 36.00M | -595.00M | 562.00M | 740.00M | 809.00M | 730.00M | -399.00M | -2.87B | 1.03B | 702.00M |
| Free Cash Flow | 5.83B | 4.63B | 7.31B | 9.84B | 3.40B | -1.49B | 2.69B | 995.00M | 4.13B | 3.54B |
This table shows 10 annual periods of Valero Energy's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow VLO's reporting calendar. What is a cash flow statement?