Valero Energy Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,220	2,246	3,006	9,149	11,879	1,288
Depreciation & Amortization	3,307	3,158	2,774	2,701	2,473	2,405
Other Adjustments	-361	934	-87	92	97	5
Changes in Other Operating Activities	-1,207	-512	990	-2,713	-1,875	2,161
Operating Cash Flow	6,264	5,826	6,683	9,229	12,574	5,859
Operating Cash Flow Growth	8.21%	-12.82%	-27.59%	-26.60%	114.61%	518.04%
Capital Expenditures	-1,674	-1,885	-2,057	-1,916	-2,737	-2,458
Sale of Property, Plant & Equipment	-	-	-	-	32	270
Purchases of Investments	-23	-30	-29	-276	-101	-9
Proceeds from Sale of Investments	22	30	81	314	5	-
Other Investing Activities	67	40	24	13	-4	38
Investing Cash Flow	-1,610	-1,845	-1,981	-1,865	-2,805	-2,159
Long-Term Debt Issued	8,125	7,574	7,137	2,420	3,153	1,828
Long-Term Debt Repaid	-7,727	-7,668	-7,785	-2,682	-5,963	-3,035
Net Long-Term Debt Issued (Repaid)	398	-94	-648	-262	-2,810	-1,207
Repurchase of Common Stock	-2,897	-2,598	-2,875	-5,136	-4,577	-27
Net Common Stock Issued (Repurchased)	-2,897	-2,598	-2,875	-5,136	-4,577	-27
Common Dividends Paid	-1,408	-1,405	-1,384	-1,452	-1,562	-1,602
Other Financing Activities	245	-85	-142	-91	100	-10
Financing Cash Flow	-3,676	-4,182	-5,049	-6,941	-8,849	-2,846
Effect of Exchange Rate Changes on Cash and Cash Equivalents	127	237	-248	139	-180	-45
Net Cash Flow	1,105	36	-595	562	740	809
Free Cash Flow	4,590	3,941	4,626	7,313	9,837	3,401
Free Cash Flow Growth	16.47%	-14.81%	-36.74%	-25.66%	189.24%	-
FCF Margin	3.68%	3.21%	3.56%	5.05%	5.58%	2.98%
Free Cash Flow Per Share	15.02	12.75	14.37	20.72	24.84	8.36
Levered Free Cash Flow	3,767	3,015	3,829	6,645	6,579	1,831
Unlevered Free Cash Flow	4,771	3,139	4,759	7,291	10,037	3,886

SEC Filings: 10-K · 10-Q