vlo: the income statement

MyFinsight

For the quarter ending 2025-09-30, VLO made $32,168M in revenue. $1,095M in net income. Net profit margin of 3.40%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenues	32,168	29,889	30,258	32,876
Cost of materials and other	27,958	26,332	27,548	29,965
Operating expenses (excluding depreciation and amortization expense reflected below)	1,614	1,522	1,523	1,482
Depreciation and amortization expense	824	786	680	675
Total cost of sales	30,396	28,640	29,751	32,122
Asset impairment loss	0	0	1,131	-
Other operating expenses	5	4	4	3
General and administrative expenses (excluding depreciation and amortization expense reflected below)	246	220	261	234
Depreciation and amortization expense	12	28	11	10
Operating income	1,509	997	-900	507
Other income, net	86	86	120	123
Interest and debt expense, net of capitalized interest	139	141	137	141
Income before income tax expense	1,456	942	-917	489
Income tax expense	390	279	-265	96
Net income	1,066	663	-652	393
Less net income (loss) attributable to noncontrolling interests	-29	-51	-57	29
Net income attributable to valero energy corporation stockholders	1,095	714	-595	364

Earnings per common share assuming dilution (in dollars per share)	3.53	2.28	-1.9	1.14
Earnings per common share (in dollars per share)	3.54	2.28	-1.9	1.14
Weighted-average common shares outstanding assuming dilution (in shares)	309,000,000	312,000,000	314,000,000	318,000,000
Weighted-average common shares outstanding (in shares)	309,000,000	312,000,000	314,000,000	318,000,000