Valero Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	144,766	176,383	113,977	64,912	108,324	Upgrade
Revenue Growth (YoY)	-17.93%	54.75%	75.59%	-40.08%	-7.44%	Upgrade
Cost of Revenue	131,834	159,587	110,848	65,652	103,546	Upgrade
Gross Profit	12,932	16,796	3,129	-740	4,778	Upgrade
Selling, General & Admin	998	934	865	756	868	Upgrade
Other Operating Expenses	76	172	134	83	74	Upgrade
Operating Expenses	1,074	1,106	999	839	942	Upgrade
Operating Income	11,858	15,690	2,130	-1,579	3,836	Upgrade
Interest Expense / Income	592	562	603	563	454	Upgrade
Other Expense / Income	-188	172	342	182	258	Upgrade
Pretax Income	11,454	14,956	1,185	-2,324	3,124	Upgrade
Income Tax	2,619	3,428	255	-903	702	Upgrade
Net Income	8,835	11,528	930	-1,421	2,422	Upgrade
Net Income Growth	-23.36%	1139.57%	-	-	-22.42%	Upgrade
Shares Outstanding (Basic)	353	395	407	407	413	Upgrade
Shares Outstanding (Diluted)	353	396	407	407	414	Upgrade
Shares Change	-10.86%	-2.70%	-	-1.69%	-3.27%	Upgrade
EPS (Basic)	24.93	29.05	2.27	-3.50	5.84	Upgrade
EPS (Diluted)	24.92	29.04	2.27	-3.50	5.84	Upgrade
EPS Growth	-14.19%	1179.30%	-	-	-19.89%	Upgrade
Free Cash Flow	7,548	10,722	4,713	-965	2,899	Upgrade
Free Cash Flow Per Share	21.38	27.14	11.58	-2.37	7.02	Upgrade
Dividend Per Share	4.080	3.920	3.920	3.920	3.600	Upgrade
Dividend Growth	4.08%	0%	0%	8.89%	12.50%	Upgrade
Gross Margin	8.93%	9.52%	2.75%	-1.14%	4.41%	Upgrade
Operating Margin	8.19%	8.90%	1.87%	-2.43%	3.54%	Upgrade
Profit Margin	6.10%	6.54%	0.82%	-2.19%	2.24%	Upgrade
Free Cash Flow Margin	5.21%	6.08%	4.14%	-1.49%	2.68%	Upgrade
Effective Tax Rate	22.87%	22.92%	21.52%	-	22.47%	Upgrade
EBITDA	14,747	17,991	4,193	590	5,833	Upgrade
EBITDA Margin	10.19%	10.20%	3.68%	0.91%	5.38%	Upgrade
Depreciation & Amortization	2,701	2,473	2,405	2,351	2,255	Upgrade
EBIT	12,046	15,518	1,788	-1,761	3,578	Upgrade
EBIT Margin	8.32%	8.80%	1.57%	-2.71%	3.30%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).