The Valero Energy shows a gross margin of 8%, an operating margin of 7.2%, an EBITDA margin of 9.5%, and a net margin of 5.2%. Operating margin drove the improvement across the available margins, increasing by 6.4 percentage points.
VLO margin history
Over the last 3 years, Valero Energy's margins averaged 5.25% gross, 4.1% operating, 6.56% EBITDA, and 3.01% net. All four current margins are above their three-year averages.
VLO margin expansion
Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 6.4 percentage points.
VLO Gross margin
The average gross margin for Valero Energy was 5.25% across the past 3 years. Compared with its three-year average, Valero Energy's current gross margin is 8% and is 2.8 percentage points above its three-year average. The gross margin for Valero Energy moved between 2.5% in Jun 2025 and 8.9% in Dec 2023.
VLO Operating margin
Over the last 3 years, Valero Energy recorded an average operating margin of 4.1%. At present, Valero Energy's current operating margin is 7.2%, which is 3.1 percentage points above its three-year average. The highest operating margin for Valero Energy was 8.2% in Dec 2023, while the lowest was 0.8% in Jun 2025.
VLO EBITDA margin
Over the last 3 years, the average EBITDA margin for Valero Energy was 6.56%. The current EBITDA margin stands at 9.5%, 2.9 percentage points above its three-year average. Valero Energy's EBITDA margin ranged from a low of 3.4% in Mar 2025 to a high of 10.2% in Dec 2023.
VLO Net margin
Valero Energy recorded an average net margin of 3.01% across the last 3 years. Valero Energy's current net margin is 5.2% and is 2.2 percentage points above its three-year average. The highest net margin for Valero Energy was 6.1% in Dec 2023, while the lowest was 0.6% in Jun 2025.
VLO margin group comparison
Valero Energy's gross margin of 8% is lower than the Energy sector and the industry average. Looking at the Energy sector average of 42.7%, Valero Energy's gross margin is 81% lower.
VLO margin peer comparison
Frequently asked questions
What is Valero Energy's gross margin?
The current gross margin for VLO is 8% as of Jun 30, 2026.
What is Valero Energy's operating margin?
The current operating margin for VLO is 7.2% as of Jun 30, 2026.
What is Valero Energy's EBITDA margin?
For the period ending Jun 30, 2026, VLO recorded an EBITDA margin of 9.5%.
What is Valero Energy's net margin?
As of Jun 30, 2026, VLO has a net margin of 5.2%.
What are the average margins of VLO?
Valero Energy's gross, operating, EBITDA, and net margins averaged 5.3% gross, 4.1% operating, 6.6% EBITDA, and 3.0% net over the last 3 years.
What are the highest historical margins of VLO?
Over this 5-year history, VLO peaked at 11.2% gross in Mar 2023, 10.5% operating in Mar 2023, 12% EBITDA in Mar 2023, and 7.9% net in Mar 2023.
What are the lowest historical margins of VLO?
Within the 5-year period, VLO recorded its lowest margins at 2.5% gross in Jun 2025, 0.8% operating in Jun 2025, 3.4% EBITDA in Mar 2025, and 0.6% net in Jun 2025.