Valero Energy Corporation (VLO)

Solvency & Capital Structure

Total Debt

$11.35B

Net Debt

$3.48B

Valero Energy Corporation currently has $11.35B in total debt. Net debt is $3.48B after cash offsets.

Financial Fundamentals

VLO • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	11.35	7.87	3.48	64.66	17.6%
2026-03-31	11.49	5.73	5.76	62.14	18.5%
2025-12-31	11.70	4.69	7.01	57.99	20.2%
2025-09-30	10.58	4.76	5.82	58.62	18.1%
2025-06-30	10.65	4.54	6.11	59.43	17.9%
2025-03-31	10.85	4.63	6.22	59.18	18.3%
2024-12-31	11.54	4.66	6.88	60.14	19.2%
2024-09-30	10.81	5.18	5.62	60.38	17.9%
2024-06-30	10.74	5.25	5.50	63.62	16.9%
2024-03-31	10.90	4.92	5.98	62.57	17.4%
2023-12-31	12.64	5.42	7.21	63.06	20.0%
2023-09-30	11.44	5.83	5.61	63.17	18.1%
2023-06-30	11.32	5.08	6.25	60.67	18.7%
2023-03-31	11.43	5.52	5.91	60.18	19.0%
2022-12-31	12.72	4.86	7.86	60.98	20.9%
2022-09-30	11.58	3.97	7.61	59.33	19.5%
2022-06-30	12.88	5.39	7.49	64.34	20.0%
2022-03-31	13.16	2.64	10.52	60.40	21.8%
2021-12-31	15.13	4.12	11.00	57.89	26.1%
2021-09-30	14.23	3.50	10.73	54.69	26.0%
2021-06-30	14.68	3.57	11.11	55.46	26.5%
2021-03-31	14.66	2.25	12.41	53.61	27.4%
2020-12-31	15.85	3.31	12.53	51.77	30.6%
2020-09-30	15.21	4.05	11.17	51.73	29.4%
2020-06-30	12.68	2.32	10.36	49.10	25.8%
2020-03-31	11.46	1.51	9.95	47.75	24.0%
2019-12-31	10.96	2.58	8.38	53.86	20.4%
2019-09-30	9.57	2.14	7.43	51.23	18.7%
2019-06-30	9.49	2.03	7.46	52.02	18.2%
2019-03-31	10.12	2.78	7.34	52.09	19.4%
2018-12-31	9.11	2.98	6.13	50.16	18.2%
2018-09-30	9.08	3.55	5.53	51.89	17.5%
2018-06-30	9.06	4.45	4.61	50.68	17.9%
2018-03-31	8.96	4.66	4.30	41.19	21.7%
2017-12-31	8.87	5.85	3.02	50.16	17.7%
2017-09-30	8.48	5.18	3.31	47.99	17.7%
2017-06-30	8.49	5.21	3.28	45.97	18.5%
2017-03-31	8.49	4.46	4.03	46.05	18.4%
2016-12-31	8.00	4.82	3.19	46.17	17.3%
2016-09-30	8.95	5.95	3.00	46.27	19.3%
2016-06-30	7.51	4.92	2.58	45.45	16.5%
2016-03-31	7.33	3.78	3.56	44.26	16.6%
2015-12-31	7.33	4.11	3.22	44.34	16.5%
2015-09-30	7.38	5.30	2.08	45.83	16.1%
2015-06-30	7.35	5.76	1.58	47.60	15.4%
2015-03-31	7.42	4.87	2.55	45.74	16.2%
2014-12-31	6.39	3.69	2.70	45.55	14.0%
2014-09-30	6.38	4.19	2.19	48.45	13.2%
2014-06-30	6.38	3.48	2.90	47.01	13.6%
2014-03-31	6.56	3.65	2.92	47.10	13.9%
2013-12-31	6.56	4.29	2.27	47.26	13.9%
2013-09-30	6.56	1.91	4.66	46.29	14.2%
2013-06-30	6.56	2.40	4.17	44.18	14.9%
2013-03-31	6.87	1.86	5.01	45.50	15.1%
2012-12-31	7.05	1.72	5.33	44.48	15.8%
2012-09-30	7.05	2.55	4.50	43.79	16.1%
2012-06-30	7.04	1.29	5.75	41.19	17.1%
2012-03-31	7.60	1.56	6.04	42.63	17.8%
2011-12-31	14.47	1.02	13.45	42.78	33.8%
2011-09-30	7.65	2.83	4.82	41.68	18.3%
2011-06-30	7.62	4.11	3.52	39.53	19.3%
2011-03-31	7.83	4.13	3.70	39.59	19.8%
2010-12-31	8.34	3.33	5.00	37.62	22.2%
2010-09-30	8.04	2.35	5.68	37.28	21.6%
2010-06-30	8.03	2.00	6.03	36.48	22.0%
2010-03-31	8.35	1.89	6.47	36.47	22.9%
2009-12-31	7.40	0.82	6.58	35.63	20.8%
2009-09-30	7.38	1.60	5.77	36.80	20.0%
2009-06-30	7.37	1.62	5.75	37.22	19.8%
2009-03-31	7.58	1.72	5.86	35.78	21.2%
2008-12-31	12.84	0.94	11.90	34.42	37.3%
2008-09-30	6.47	2.77	3.71	43.81	14.8%
2008-06-30	6.47	1.64	4.83	43.66	14.8%
2008-03-31	6.47	1.43	5.04	40.67	15.9%
2007-12-31	6.86	2.46	4.40	42.72	16.1%
2007-09-30	6.91	3.11	3.81	41.86	16.5%
2007-06-30	6.92	2.34	4.58	40.35	17.2%
2007-03-31	4.95	1.70	3.25	38.19	13.0%
2006-12-31	5.17	1.59	3.58	37.75	13.7%
2006-09-30	5.13	1.03	4.11	36.64	14.0%
2006-06-30	5.19	0.94	4.25	36.52	14.2%
2006-03-31	5.14	0.44	4.70	33.30	15.4%
2005-12-31	5.38	0.44	4.94	32.73	16.4%
2005-09-30	6.38	0.74	5.64	32.77	19.5%
2005-06-30	3.88	0.95	2.93	21.64	17.9%
2005-03-31	4.04	0.69	3.36	20.31	19.9%
2004-12-31	4.32	0.86	3.46	19.39	22.3%
2004-09-30	4.59	0.68	3.90	19.44	23.6%
2004-06-30	4.57	0.33	4.24	18.56	24.6%
2004-03-31	4.88	0.24	4.64	17.78	27.5%
2003-12-31	4.25	0.37	3.88	15.66	27.1%
2003-09-30	4.37	0.31	4.06	15.25	28.6%
2003-06-30	4.47	0.70	3.78	14.47	30.9%
2003-03-31	4.16	0.74	3.42	14.64	28.4%
2002-12-31	4.97	0.38	4.59	14.47	34.4%
2002-09-30	4.98	0.32	4.66	13.96	35.7%
2002-06-30	4.95	0.36	4.59	13.99	35.4%
2002-03-31	5.53	0.23	5.30	14.51	38.1%
2001-12-31	3.31	0.27	3.04	14.38	23.0%
2001-09-30	1.33	0.09	1.24	5.33	24.9%
2001-06-30	1.33	0.04	1.29	5.21	25.5%
2001-03-31	1.04	0.13	0.92	4.56	22.9%
2000-12-31	1.07	0.01	1.05	4.31	24.8%
2000-09-30	1.19	0.01	1.17	4.21	28.2%
2000-06-30	1.36	0.01	1.35	4.21	32.2%
2000-03-31	0.77	0.01	0.76	3.12	24.7%
1999-12-31	0.79	0.06	0.73	2.98	26.4%
1999-09-30	0.86	0.01	0.85	3.00	28.6%
1999-06-30	0.95	0.01	0.94	2.87	33.0%
1999-03-31	0.91	0.01	0.90	2.81	32.3%
1998-12-31	0.98	0.01	0.97	2.73	36.0%
1998-09-30	0.80	0.01	0.80	2.80	28.7%
1998-06-30	0.54	0.01	0.53	2.47	21.7%
1998-03-31	0.57	0.01	0.56	2.43	23.6%
1997-12-31	0.55	0.01	0.54	2.49	22.2%
1997-09-30	0.50	0.02	0.48	2.42	20.6%
1997-06-30	0.91	0.00	0.90	2.94	30.8%
1997-03-31	0.99	0.02	0.98	2.86	34.6%
1996-12-31	0.44	0.02	0.42	3.15	13.9%
1996-09-30	1.01	0.01	1.00	2.86	35.5%