📈 Net Income History (16 Quarters)
🧮 VLO Net Income Breakdown
Understanding Net Income
Net income, also called the "bottom line" or net profit, is the money a company keeps after paying all expenses including cost of goods, operating costs, interest, and taxes. For VLO, the trailing twelve month net income is $7.2B.
Why Net Income Matters
Net income is the ultimate measure of accounting profitability. It determines earnings per share (EPS), affects stock valuations through the P/E ratio, and represents the theoretical amount available to shareholders. However, net income can be influenced by accounting choices, which is why value investors often look at cash flow metrics alongside it.
VLO's net income growth rate of -20.23% (based on log-linear regression of 16 quarters) indicates significant profit decline, requiring investigation into causes.
Net Income vs Cash Flow Metrics
Free Cash Flow: $3.8B →
Actual cash generated after capital expenditures. FCF often differs from net income due to depreciation, working capital changes, and capex timing.
Owner Earnings: N/A →
Buffett's preferred metric that adds back depreciation but subtracts maintenance capex. Often considered more accurate than net income.
EPS (Diluted): $24.03 →
Net income divided by diluted shares outstanding. The primary driver of the P/E ratio used in valuations.
Revenue: $139.4B →
The top line that net income is derived from. Net margin shows what percentage of revenue becomes profit.
P/E Ratio Analysis
VLO's P/E ratio of 14.4x means investors pay $14.42 for every $1 of annual earnings. A P/E between 10-15 is typical for mature, slow-growth companies with stable earnings.
Net Margin: Profitability Efficiency
Net margin of 5.17% shows what percentage of VLO's revenue converts to profit after all costs. Net margins between 5-10% are common in competitive industries with thinner profits.
Summary: VLO Net Income Trend
VALERO ENERGY CORP/TX (VLO) has a net margin of 5.17%, which Zyberno classifies as good for a Energy company — above the 5% threshold Zyberno applies to energy businesses where commodity price cycles create significant net margin volatility. Net income grew at -20.23% annually — a material decline Zyberno treats as a concern requiring investigation. For complete financial analysis, view the full VLO stock report on Zyberno.
Frequently Asked Questions
What is VLO's current net income?
VALERO ENERGY CORP/TX's TTM net income is $7.2B, growing at -20.23% annually — a material decline Zyberno treats as a concern requiring investigation.
Is VLO's net income growing?
VALERO ENERGY CORP/TX (VLO) has a net margin of 5.17%, which Zyberno classifies as good for a Energy company — above the 5% threshold Zyberno applies to energy businesses where commodity price cycles create significant net margin volatility. Net income grew at -20.23% annually — a material decline Zyberno treats as a concern requiring investigation.
What is VLO's net profit margin?
VALERO ENERGY CORP/TX (VLO) has a net margin of 5.17%, which Zyberno classifies as good for a Energy company — above the 5% threshold Zyberno applies to energy businesses where commodity price cycles create significant net margin volatility. Net income grew at -20.23% annually — a material decline Zyberno treats as a concern requiring investigation.
What is VLO's P/E ratio?
VLO's P/E ratio is 14.4x, meaning the market values the company at 14.4 times its annual earnings.
How does net income differ from free cash flow?
Net income is an accounting measure that includes non-cash items like depreciation, while free cash flow shows actual cash generated. VLO's net income is $7.2B versus free cash flow of $3.8B. Large differences often indicate significant capital expenditures or working capital changes.
📊 Full VLO Stock Report →
See VLO's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.
💵 VLO Free Cash Flow →
Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.
💰 VLO Owner Earnings →
Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.
📈 VLO Earnings Per Share →
Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.
🎯 VLO Earnings Surprise (SUE) →
See whether VLO is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.
📊 VLO Revenue →
Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.
💰 VLO Net Income →
Analyze the bottom-line profit, P/E ratio, and net profit margin trends.
🔶 VLO Operating Income →
Analyze EBIT, operating margin, and core business profitability before interest and taxes.
💜 VLO Gross Profit →
Analyze gross margin, pricing power, and profitability before operating expenses.