| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 32.2K | 7.6% | 2.1% |
| Total Income | 32.2K | 7.6% | 2.1% |
| Expenditure | 30.7K | 6.1% | 5.3% |
| PBT | 1.5K | 54.6% | 197.8% |
| Net Profit | 1.1K | 53.4% | 200.8% |
| OPM | 4.69% | 1.36pp | 3.15pp |
| NPM | 3.40% | 1.02pp | 2.30pp |
| EPS | 3.54 | 55.3% | 210.5% |
Valero Energy Reports Third Quarter 2025 Results
04 May 2026 · 4 May, 8:49 am
Summary
Valero Energy Corporation reported net income attributable to Valero stockholders of $1.1 billion, or $3.53 per share, for the third quarter of 2025. Adjusted net income attributable to Valero stockholders was also $1.1 billion, or $3.66 per share, for the same period. The Refining segment's operating income reached $1.6 billion. Valero returned $1.3 billion to stockholders through dividends and stock buybacks. The St. Charles FCC Unit optimization project is expected to begin operations in the second half of 2026.
Key Highlights
- 1
Valero Energy reported net income attributable to Valero stockholders of $1.1 billion, or $3.53 per share, for the third quarter of 2025.
- 2
Adjusted net income attributable to Valero stockholders was $1.1 billion, or $3.66 per share, for the third quarter of 2025.
- 3
The Refining segment reported operating income of $1.6 billion for the third quarter of 2025.
- 4
Valero returned $1.3 billion to stockholders in the third quarter of 2025 through dividends and stock buybacks.
- 5
Refining throughput volumes averaged 3.1 million barrels per day in the third quarter of 2025.
- 6
Ethanol production volumes averaged 4.6 million gallons per day in the third quarter of 2025, achieving record production.
- 7
Net cash provided by operating activities was $1.9 billion in the third quarter of 2025.
Management Comments
Lane Riggs
We are pleased to report strong financial results for the third quarter, highlighting our long-standing track record of operational and commercial excellence. Our strong financial results and record operating achievements this quarter are a testament to our commitment to commercial and operational excellence. This, coupled with the strength of our balance sheet, should continue to support strong shareholder returns
Informational and educational content only. Not investment advice.