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Valero Energy (VLO)
NYSE:VLO
US Market
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Valero Energy (VLO) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 22, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
2.74
Last Year’s EPS
0.64
Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Sep 30, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
Valero's earnings call highlighted strong financial performance, record throughput utilization, and substantial returns to shareholders. However, challenges were noted in the Renewable Diesel segment and costs associated with the Benicia Refinery closure.
Company Guidance
During Valero Energy Corp.'s third quarter 2025 earnings call, the company provided guidance for its operations and financial expectations. The capital investments attributable to Valero for the year 2025 are projected to be approximately $1.9 billion, with $1.6 billion allocated for sustaining the business and the remainder for growth. In terms of refining operations, the company expects fourth-quarter throughput volumes to range between 1.78 million to 1.83 million barrels per day on the Gulf Coast, 420,000 to 440,000 barrels per day in the Mid-Continent, 240,000 to 260,000 barrels per day on the West Coast, and 485,000 to 505,000 barrels per day in the North Atlantic. Refining cash operating expenses are anticipated to be about $4.80 per barrel. For the Renewable Diesel segment, sales volumes are projected at approximately 258 million gallons, with operating expenses around $0.52 per gallon. The Ethanol segment is expected to maintain production at 4.6 million gallons per day, with operating expenses averaging $0.40 per gallon. Additionally, net interest expense for the fourth quarter is forecasted at approximately $135 million, and depreciation and amortization are expected to be around $815 million.
Strong Financial Performance
Valero reported net income attributable to stockholders of $1.1 billion or $3.53 per share, significantly higher than $364 million or $1.14 per share from the previous year.
Record Throughput Utilization
Refinery throughput utilization reached 97%, with the Gulf Coast and North Atlantic regions setting new all-time highs.
Ethanol Segment Record
The Ethanol segment achieved record production with an operating income of $183 million, compared to $153 million in the previous year.
Strong Shareholder Returns
Valero returned $1.3 billion to shareholders in Q3 2025, including $931 million in stock buybacks, resulting in a payout ratio of 78% for the quarter.

Valero Energy (VLO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

VLO Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 22, 2026
2025 (Q4)
2.74 / -
0.64
Sep 30, 2025
2025 (Q3)
3.05 / 3.66
1.14221.05% (+2.52)
Jul 24, 2025
2025 (Q2)
1.75 / 2.28
2.71-15.87% (-0.43)
Apr 24, 2025
2025 (Q1)
0.41 / 0.89
3.82-76.70% (-2.93)
Jan 30, 2025
2024 (Q4)
0.07 / 0.64
3.55-81.97% (-2.91)
Oct 24, 2024
2024 (Q3)
0.98 / 1.14
7.49-84.78% (-6.35)
Jul 25, 2024
2024 (Q2)
2.60 / 2.71
5.4-49.81% (-2.69)
Apr 25, 2024
2024 (Q1)
3.20 / 3.82
8.27-53.81% (-4.45)
Jan 25, 2024
2023 (Q4)
2.96 / 3.55
8.45-57.99% (-4.90)
Oct 26, 2023
2023 (Q3)
7.47 / 7.49
7.144.90% (+0.35)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

VLO Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Sep 30, 2025
$172.14$170.26-1.09%
Jul 24, 2025
$146.34$139.20-4.88%
Apr 24, 2025
$112.62$111.50-0.99%
Jan 30, 2025
$136.07$133.19-2.12%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Valero Energy (VLO) report earnings?
Valero Energy (VLO) is schdueled to report earning on Jan 22, 2026, Before Open (Confirmed).
    What is Valero Energy (VLO) earnings time?
    Valero Energy (VLO) earnings time is at Jan 22, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is VLO EPS forecast?
          VLO EPS forecast for the fiscal quarter 2025 (Q4) is 2.74.
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