VALERO ENERGY CORP/TX Income Tax Expense 2007-2026 | VLO
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is VALERO ENERGY CORP/TX's current income tax expense?
VALERO ENERGY CORP/TX (VLO) annual income tax expense for 2025 was $759.0M, a 9.68% increase from 2024. VALERO ENERGY CORP/TX income tax expense for the quarter ending March 31, 2026 was $401.0M.
What was VALERO ENERGY CORP/TX's income tax expense in 2024?
VALERO ENERGY CORP/TX annual income tax expense for 2024 was $692.0M, a 73.58% decline from 2023.
What was VALERO ENERGY CORP/TX's income tax expense in 2023?
VALERO ENERGY CORP/TX annual income tax expense for 2023 was $2.62B, a 23.60% decline from 2022.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGRN/A
FY2020
$-903.0M
→
FY2025
$759.0M
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $759.0M | +9.7% | 10-K |
| FY2024 | $692.0M | -73.6% | 10-K |
| FY2023 | $2.62B | -23.6% | 10-K |
| FY2022 | $3.43B | +1244.3% | 10-K |
| FY2021 | $255.0M | +128.2% | 10-K |
| FY2020 | $-903.0M | -228.6% | 10-K |
| FY2019 | $702.0M | -20.1% | 10-K |
| FY2018 | $879.0M | +192.6% | 10-K |
| FY2017 | $-949.0M | -224.1% | 10-K |
| FY2016 | $765.0M | -59.1% | 10-K |
| FY2015 | $1.87B | +5.2% | 10-K |
| FY2014 | $1.78B | +41.7% | 10-K |
| FY2013 | $1.25B | -22.9% | 10-K |
| FY2012 | $1.63B | +32.6% | 10-K |
| FY2011 | $1.23B | +113.2% | 10-K |
| FY2010 | $575.0M | +1437.2% | 10-K |
| FY2009 | $-43.0M | -102.8% | 10-K |
| FY2008 | $1.54B | -25.3% | 10-K |
| FY2007 | $2.06B | - | 10-K |
Company: VALERO ENERGY CORP/TXTicker: VLOSector: EnergyIndustry: Petroleum RefiningView company profile →