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0:00 / 0:00I. Financial Performance and Results of Operations
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Valero Reports $2.3 Billion Net Income Amid $1.1 Billion California Asset Write-Down

VLO10-KFiling Date: 2/25/2026
Valero Energy Corporation
Description

What this story covers

Valero Energy’s 2025 10-K reveals $2.3 billion in net income despite a $1.1 billion impairment of California refineries due to regulatory pressures. While refining remains profitable, renewable diesel faced significant margin compression from rising feedstock costs and tax changes.

Story snapshot

CompanyValero Energy Corporation
TickerVLO
VariantStandard detailed
Duration11:54
Filing type10-K
PeriodAnnual 2025
IndustryEnergy
Accession0001628280-26-011499
Sources1

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Primary Sources

sec_filing10-KView on SEC.gov →

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