earnings
confidence high
sentiment positive
materiality 0.80
Valero Q3 net income $1.1B ($3.53/share) vs $364M a year ago; adjusted EPS $3.66 beats
VALERO ENERGY CORP/TX
2025-Q3 EPS reported
$3.89
revenue$92,315,000,000
- Refining segment operating income $1.6B, up from $565M in Q3 2024; throughput 3.1M bpd at 97% utilization.
- Renewable Diesel segment posted $28M operating loss vs $35M income; Ethanol segment income $183M vs $153M.
- Returned $1.3B to shareholders ($351M dividends, $931M buybacks); payout ratio 78% of adjusted cash from ops.
- St. Charles FCC optimization project ($230M) expected to start H2 2026; debt/cap ratio 18% net of cash.
- Net cash from ops $1.9B; capital investments $409M in quarter.