Valero Energy Corporation (VLO) Operating Margin: 3.51%
Is Valero Energy Corporation’s operating margin high or low?
Valero Energy Corporation's operating margin of 3.51% is in line with its 5-year average of 3.82%, around the middle of its 5-year range (-2.43%–8.90%).
The operating margin for Valero Energy Corporation (VLO) is 3.51% as of Tuesday, June 9, 2026. It is above its 12-month average by 9.69% (3.20%).
VLO Operating Margin Chart
VLO Average Operating Margin Chart
VLO Current vs Average Operating Margin Chart
VLO Operating Margin Metrics
OPERATING MARGIN
3.51%
OPERATING MARGIN AVG TTM
3.20%
OPERATING MARGIN AVG 3Y
5.87%
OPERATING MARGIN AVG 5Y
3.82%
OPERATING MARGIN AVG 10Y
4.20%
OPERATING MARGIN AVG 15Y
3.85%
OPERATING MARGIN AVG 20Y
4.03%
CURRENT VS TTM AVG
+9.69%
CURRENT VS 3Y AVG
-40.23%
CURRENT VS 5Y AVG
-8.16%
CURRENT VS 10Y AVG
-16.37%
CURRENT VS 15Y AVG
-8.88%
CURRENT VS 20Y AVG
-12.90%
VLO Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Valero Energy Corporation (VLO) | — | 3.51% | 3.20% | 5.87% | 3.82% |
| Marathon Petroleum Corporation (MPC) | $75.36B | 4.35% | 4.06% | 6.83% | 2.22% |
| EOG Resources, Inc. (EOG) | $73.15B | 35.14% | 34.86% | 36.23% | 28.41% |
| Phillips 66 (PSX) | $71.77B | 2.66% | 2.14% | 3.95% | 2.34% |
| SLB N.V. (SLB) | $83.50B | 15.28% | 16.36% | 16.02% | 13.86% |
| Occidental Petroleum Corporation (OXY) | $56.25B | 17.24% | 19.63% | 24.70% | 17.59% |
| Antero Midstream Corporation (AM) | $10.10B | 51.20% | 53.61% | 54.17% | 43.65% |
| ConocoPhillips (COP) | $142.28B | 19.58% | 21.49% | 25.61% | 19.93% |
| Helmerich & Payne, Inc. (HP) | $3.79B | 6.20% | 11.29% | 11.09% | -4.30% |
| Chevron Corporation (CVX) | $371.97B | 9.04% | 12.04% | 14.55% | 10.20% |
Operating Efficiency
Gross Margin
4.4%
Operating Margin
3.5%
Valero Energy Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Valero Energy Corporation Operating Margin FAQ
- What is the operating margin for Valero Energy Corporation (VLO)?
- The operating margin for VLO stock is 3.51%.
- Is Valero Energy Corporation's operating margin high or low?
- Valero Energy Corporation's operating margin of 3.51% is in line with its 5-year average of 3.82%, around the middle of its 5-year range (-2.43%–8.90%).
- What is the TTM average operating margin for Valero Energy Corporation (VLO)?
- The TTM average operating margin for VLO stock is 3.20%.
- What is the 3Y average operating margin for Valero Energy Corporation (VLO)?
- The 3Y average operating margin for VLO stock is 5.87%.
- What is the 5Y average operating margin for Valero Energy Corporation (VLO)?
- The 5Y average operating margin for VLO stock is 3.82%.
- What is the 10Y average operating margin for Valero Energy Corporation (VLO)?
- The 10Y average operating margin for VLO stock is 4.20%.
- What is the 15Y average operating margin for Valero Energy Corporation (VLO)?
- The 15Y average operating margin for VLO stock is 3.85%.
- What is the 20Y average operating margin for Valero Energy Corporation (VLO)?
- The 20Y average operating margin for VLO stock is 4.03%.
Valero Energy Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 3.51% |
| 2024-12-31 | 2.89% |
| 2023-12-31 | 8.19% |
| 2022-12-31 | 8.90% |
| 2021-12-31 | 1.87% |
| 2020-12-31 | -2.43% |
| 2019-12-31 | 3.54% |
| 2018-12-31 | 3.91% |
| 2017-12-31 | 3.83% |
| 2016-12-31 | 4.72% |
| 2015-12-31 | 7.24% |
| 2014-12-31 | 4.51% |
| 2013-12-31 | 2.87% |
| 2012-12-31 | 2.88% |
| 2011-12-31 | 2.92% |
| 2010-12-31 | 2.28% |
| 2009-12-31 | -0.09% |
| 2008-12-31 | 0.47% |
| 2007-12-31 | 7.26% |
| 2006-12-31 | 8.72% |
| 2005-12-31 | 6.64% |
| 2004-12-31 | 5.45% |
| 2003-12-31 | 3.22% |
| 2002-12-31 | 1.75% |
| 2001-12-31 | 6.68% |
| 2000-12-31 | 4.16% |
| 1999-12-31 | 0.87% |
| 1998-12-31 | -0.93% |
| 1997-12-31 | 3.67% |
| 1996-12-31 | 4.03% |