What is the current annual operating margin of VLO?

As of today, VLO annual operating margin is 3.51%

What is 1-year change in VLO annual operating margin?

VLO annual operating margin is up +22.73% year-over-year

What is 3-year change in VLO annual operating margin?

VLO annual operating margin is down -63.44% over the past 3 years

How far is VLO annual operating margin from its all-time high?

VLO annual operating margin is currently -70.23% below its historical high of 11.79% set on December 31, 1991

How does VLO annual operating margin rank versus sector peers?

VLO annual operating margin is higher than 25.62% of companies in Energy sector

When is VLO next annual earnings release?

The next annual earnings release for VLO is on January 28, 2027

What is the current quarterly operating margin of VLO?

As of today, VLO quarterly operating margin is 20.10%

What is VLO quarterly operating margin most recent change?

VLO quarterly operating margin was up +65.02% on September 30, 2026

What is 1-year change in VLO quarterly operating margin?

VLO quarterly operating margin is up +324.95% year-over-year

How far is VLO quarterly operating margin from its all-time high?

VLO quarterly operating margin is currently at its all-time high

How does VLO quarterly operating margin rank versus sector peers?

VLO quarterly operating margin is higher than 53.22% of companies in Energy sector

When is VLO next earnings release?

The next earnings release for VLO is on January 28, 2027

VLO Operating Margin History & Chart Since 1980

Annual Operating Margin

3.51%0.65%+22.73%

December 31, 2025

Summary

Current Value: As of today, VLO annual operating margin is 3.51%, up +22.73% on December 31, 2025
Historical Performance: VLO annual operating margin is down -63.44% over the past 3 years, up +230.97% over the past 5 years
All-Time High Comparison: VLO annual operating margin is currently -70.23% below its historical high of 11.79% set on December 31, 1991
3-Year Low Comparison: VLO annual operating margin is +22.73% above its 3-year low of 2.86% reached on December 31, 2024
Sector Comparison: VLO annual operating margin is higher than 25.62% of companies in Energy sector

Operating Margin Chart

beforeafter

Performance

VLO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	3.51%	+22.7%	-63.4%	+231.0%	+54.0%
Quarterly Operating Margin	Sep 30, 26	20.10%	+324.9%	+112.0%	+773.9%	+257.6%
Price	Nov 9, 26	$356.75	+103.1%	+197.5%	+355.9%	+1429.9%
PE Ratio	Nov 9, 26	8.02	-78.1%	+96.1%	–	-3.6%
Annual Revenue	Dec 31, 25	$122.72B	-5.4%	-30.5%	+89.2%	+49.2%
Annual Operating Profit	Dec 31, 25	$4.31B	+16.4%	-74.6%	+348.2%	+129.8%
Annual Gross Margin	Dec 31, 25	4.38%	+20.7%	-56.9%	+400.0%	+47.0%
Annual Net Margin	Dec 31, 25	2.00%	-13.4%	-70.2%	+217.0%	+78.6%

Operating Margin Highs

VLO Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	9.60%	N/A	-63.4%
5Y	9.60%	Dec 31, 22	-63.4%
All	11.79%	Dec 31, 91	-70.2%

Operating Margin Lows

VLO Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	2.86%	Dec 31, 24	+22.7%
5Y	-2.68%	N/A	+231.0%
All	-9.11%	Dec 31, 87	+138.5%

Operating Margin History

Year	Value	Change
2025	3.51%	+22.7%
2024	2.86%	-65.9%
2023	8.38%	-12.7%
2022	9.60%	+380.0%
2021	2.00%	+174.6%
2020	-2.68%	-174.0%
2019	3.62%	-9.3%
2018	3.99%	-3.4%
2017	4.13%	-15.5%
2016	4.89%	-27.0%
2015	6.70%	+70.9%
2014	3.92%	+44.1%
2013	2.72%	-25.3%
2012	3.64%	+14.5%
2011	3.18%	+39.5%
2010	2.28%	+606.7%
2009	-0.45%	-112.7%
2008	3.54%	-51.6%
2007	7.31%	-16.3%
2006	8.73%	+20.1%
2005	7.27%	+33.4%
2004	5.45%	+65.7%
2003	3.29%	+88.0%

Year	Value	Change
2002	1.75%	-73.6%
2001	6.62%	+59.1%
2000	4.16%	+378.2%
1999	0.87%	-59.7%
1998	2.16%	-41.1%
1997	3.67%	-8.9%
1996	4.03%	-35.5%
1995	6.25%	-8.8%
1994	6.85%	+10.8%
1993	6.18%	-43.1%
1992	10.86%	-7.9%
1991	11.79%	+2.5%
1990	11.50%	+55.4%
1989	7.40%	+47.4%
1988	5.02%	+155.1%
1987	-9.11%	-195.8%
1986	-3.08%	-163.0%
1985	4.89%	+10.4%
1984	4.43%	-36.5%
1983	6.98%	+24.4%
1982	5.61%	+0.5%
1981	5.58%	+8.8%
1980	5.13%	-

FAQ

What is the current annual operating margin of VLO?: As of today, VLO annual operating margin is 3.51%
What is 1-year change in VLO annual operating margin?: VLO annual operating margin is up +22.73% year-over-year
What is 3-year change in VLO annual operating margin?: VLO annual operating margin is down -63.44% over the past 3 years
How far is VLO annual operating margin from its all-time high?: VLO annual operating margin is currently -70.23% below its historical high of 11.79% set on December 31, 1991
How does VLO annual operating margin rank versus sector peers?: VLO annual operating margin is higher than 25.62% of companies in Energy sector
When is VLO next annual earnings release?: The next annual earnings release for VLO is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

20.10%7.92%+65.02%

September 30, 2026

Summary

Current Value: As of today, VLO quarterly operating margin is 20.10%, up +65.02% on September 30, 2026
Historical Performance: VLO quarterly operating margin is up +324.95% year-over-year, up +112.03% over the past 3 years
All-Time High Comparison: VLO quarterly operating margin is currently at its all-time high
3-Year Low Comparison: VLO quarterly operating margin is +2237.21% above its 3-year low of 0.86% reached on March 31, 2025
Sector Comparison: VLO quarterly operating margin is higher than 53.22% of companies in Energy sector

Performance

VLO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	20.10%	+65.0%	+324.9%	+112.0%	+773.9%
Annual Operating Margin	Dec 31, 25	3.51%	–	+22.7%	-63.4%	+231.0%
Price	Nov 9, 26	$356.75	+19.6%	+103.1%	+197.5%	+355.9%
PE Ratio	Nov 9, 26	8.02	-35.2%	-78.1%	+96.1%	–
Quarterly Revenue	Sep 30, 26	$46.44B	+4.3%	+44.3%	+20.6%	+57.3%
Quarterly Operating Profit	Sep 30, 26	$9.07B	+67.2%	+496.1%	+148.4%	+1236.2%
Quarterly Gross Margin	Sep 30, 26	20.79%	+62.9%	+277.3%	+104.8%	+588.4%
Quarterly Net Margin	Sep 30, 26	15.16%	+66.2%	+359.4%	+120.0%	+781.4%

Quarterly Operating Margin Highs

VLO Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	20.10%	Sep 30, 26	at high
3Y	20.10%	Sep 30, 26	at high
5Y	20.10%	Sep 30, 26	at high
All	20.10%	Sep 30, 26	at high

Quarterly Operating Margin Lows

VLO Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	4.73%	N/A	+324.9%
3Y	0.86%	Mar 31, 25	+2237.2%
5Y	0.86%	Mar 31, 25	+2237.2%
All	-334.33%	Dec 31, 86	+106.0%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	20.10%	+65.0%
Jun 2026	12.18%	+87.7%
Mar 2026	6.49%	+27.3%
Dec 2025	5.10%	+7.8%
Sep 2025	4.73%	+32.5%
Jun 2025	3.57%	+315.1%
Mar 2025	0.86%	-14.0%
Dec 2024	1.00%	-32.9%
Sep 2024	1.49%	-54.7%
Jun 2024	3.29%	-36.5%
Mar 2024	5.18%	-5.1%
Dec 2023	5.46%	-42.4%
Sep 2023	9.48%	+24.7%
Jun 2023	7.60%	-29.6%
Mar 2023	10.80%	+2.7%
Dec 2022	10.52%	+21.2%
Sep 2022	8.68%	-33.0%
Jun 2022	12.96%	+139.1%
Mar 2022	5.42%	+15.3%
Dec 2021	4.70%	+104.3%
Sep 2021	2.30%	+33.7%
Jun 2021	1.72%	+161.6%
Mar 2021	-2.79%	-5.7%
Dec 2020	-2.64%	+42.5%
Sep 2020	-4.59%	-129.4%
Jun 2020	15.59%	+257.2%
Mar 2020	-9.92%	-253.3%
Dec 2019	6.47%	+96.1%
Sep 2019	3.30%	+15.0%
Jun 2019	2.87%	+79.4%
Mar 2019	1.60%	-64.2%
Dec 2018	4.47%	+3.5%
Sep 2018	4.32%	+5.4%
Jun 2018	4.10%	+31.4%
Mar 2018	3.12%	-16.8%
Dec 2017	3.75%	-38.9%
Sep 2017	6.14%	+59.1%
Jun 2017	3.86%	+31.3%
Mar 2017	2.94%	+13.5%
Dec 2016	2.59%	-38.9%
Sep 2016	4.24%	-40.6%
Jun 2016	7.14%	+20.6%
Mar 2016	5.92%	+174.1%
Dec 2015	2.16%	-75.3%
Sep 2015	8.74%	+3.6%
Jun 2015	8.44%	+29.6%
Mar 2015	6.51%	+41.5%
Dec 2014	4.60%	+25.0%
Sep 2014	3.68%	+3.1%
Jun 2014	3.57%	-10.3%
Mar 2014	3.98%	-12.1%
Dec 2013	4.53%	+176.2%
Sep 2013	1.64%	-5.7%
Jun 2013	1.74%	-42.4%
Mar 2013	3.02%	-38.7%
Dec 2012	4.93%	-17.4%
Sep 2012	5.97%	+170.1%
Jun 2012	2.21%	+33.9%
Mar 2012	1.65%	+166.1%
Dec 2011	0.62%	-89.0%
Sep 2011	5.62%	+42.6%
Jun 2011	3.94%	+85.0%
Mar 2011	2.13%	-22.8%
Dec 2010	2.76%	+17.9%
Sep 2010	2.34%	-43.9%
Jun 2010	4.17%	+1,363.6%
Mar 2010	-0.33%	+87.2%
Dec 2009	-2.57%	-83.6%
Sep 2009	-1.40%	+31.0%
Jun 2009	-2.03%	-144.0%
Mar 2009	4.61%	-26.4%
Dec 2008	6.26%	+46.6%
Sep 2008	4.27%	+35.1%
Jun 2008	3.16%	+132.4%
Mar 2008	1.36%	-56.5%
Dec 2007	3.13%	-37.3%
Sep 2007	4.99%	-62.6%

Month	Value	Change
Jun 2007	13.35%	+49.0%
Mar 2007	8.96%	+19.6%
Dec 2006	7.49%	-23.0%
Sep 2006	9.73%	-9.0%
Jun 2006	10.69%	+67.8%
Mar 2006	6.37%	-15.2%
Dec 2005	7.51%	+29.0%
Sep 2005	5.82%	-19.4%
Jun 2005	7.22%	+27.6%
Mar 2005	5.66%	+7.6%
Dec 2004	5.26%	+7.8%
Sep 2004	4.88%	-34.8%
Jun 2004	7.49%	+89.6%
Mar 2004	3.95%	+45.8%
Dec 2003	2.71%	-24.7%
Sep 2003	3.60%	+16.1%
Jun 2003	3.10%	-16.0%
Mar 2003	3.69%	+24.7%
Dec 2002	2.96%	+63.5%
Sep 2002	1.81%	+18.3%
Jun 2002	1.53%	>+9,900.0%
Mar 2002	0.00%	-100.0%
Dec 2001	3.90%	-20.1%
Sep 2001	4.88%	-52.7%
Jun 2001	10.32%	+64.1%
Mar 2001	6.29%	+51.6%
Dec 2000	4.15%	-21.3%
Sep 2000	5.27%	+12.1%
Jun 2000	4.70%	+141.0%
Mar 2000	1.95%	+51.2%
Dec 1999	1.29%	-41.1%
Sep 1999	2.19%	+292.1%
Jun 1999	-1.14%	-278.1%
Mar 1999	0.64%	-79.8%
Dec 1998	3.17%	+207.8%
Sep 1998	1.03%	-76.8%
Jun 1998	4.44%	+2,566.7%
Mar 1998	-0.18%	-112.7%
Dec 1997	1.42%	-70.2%
Sep 1997	4.77%	+16.3%
Jun 1997	4.10%	+43.4%
Mar 1997	2.86%	-68.4%
Dec 1996	9.05%	+153.5%
Sep 1996	3.57%	-34.1%
Jun 1996	5.42%	+15.3%
Mar 1996	4.70%	+6.3%
Dec 1995	4.42%	-43.4%
Sep 1995	7.81%	+6.0%
Jun 1995	7.37%	+78.0%
Mar 1995	4.14%	-14.3%
Dec 1994	4.83%	-35.4%
Sep 1994	7.48%	+3.5%
Jun 1994	7.23%	-20.5%
Mar 1994	9.10%	+244.9%
Dec 1993	-6.28%	-166.6%
Sep 1993	9.43%	-20.6%
Jun 1993	11.87%	+42.7%
Mar 1993	8.32%	+58.8%
Dec 1992	5.24%	-56.1%
Sep 1992	11.94%	-15.7%
Jun 1992	14.16%	+19.1%
Mar 1992	11.89%	+23.6%
Dec 1991	9.62%	-35.4%
Sep 1991	14.89%	+14.2%
Jun 1991	13.04%	+40.7%
Mar 1991	9.27%	-33.3%
Dec 1990	13.89%	+2.5%
Sep 1990	13.55%	+18.9%
Jun 1990	11.40%	+84.5%
Mar 1990	6.18%	+102.7%
Dec 1989	-225.47%	+23.6%
Dec 1988	-294.98%	-6.9%
Dec 1987	-275.99%	+17.4%
Dec 1986	-334.33%	-15.1%
Dec 1985	-290.59%	-142.2%
Dec 1984	-119.96%	-

FAQ

What is the current quarterly operating margin of VLO?: As of today, VLO quarterly operating margin is 20.10%
What is VLO quarterly operating margin most recent change?: VLO quarterly operating margin was up +65.02% on September 30, 2026
What is 1-year change in VLO quarterly operating margin?: VLO quarterly operating margin is up +324.95% year-over-year
How far is VLO quarterly operating margin from its all-time high?: VLO quarterly operating margin is currently at its all-time high
How does VLO quarterly operating margin rank versus sector peers?: VLO quarterly operating margin is higher than 53.22% of companies in Energy sector
When is VLO next earnings release?: The next earnings release for VLO is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

VLO Official Website www.valero.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1035002/000162828026003974/0001628280-26-003974-index.htm
VLO Profile on Yahoo Finance finance.yahoo.com/quote/VLO
VLO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/vlo