79/100B369.68
USD
-5.30
(-1.41%)
Market Open
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 19.32Revenue estimate 41.29B
Q4 FY2026 · Earnings report
EPS estimate 19.32Revenue estimate 41.29B
Valero Energy debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Valero Energy's debt to equity ratio is 0.39: total debt of 11.00B USD against shareholders' equity of 27.97B USD.
- Today
- 0.39
- Average, 5 years
- 0.50
- Low, 5 years
- 0.39
- High, 5 years
- 0.82
Debt to equity = total debt ÷ shareholders' equity = 11.00B ÷ 27.97B = 0.39
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.39 | 11.00B | 27.97B | |
| FY2025 | 31 Dec 2025 | 0.49 | 11.70B | 23.73B |
| FY2024 | 31 Dec 2024 | 0.47 | 11.54B | 24.51B |
| FY2023 | 31 Dec 2023 | 0.48 | 12.64B | 26.35B |
| FY2022 | 31 Dec 2022 | 0.54 | 12.72B | 23.56B |
| FY2021 | 31 Dec 2021 | 0.82 | 15.13B | 18.43B |
| FY2020 | 31 Dec 2020 | 0.84 | 15.85B | 18.80B |
| FY2019 | 31 Dec 2019 | 0.50 | 10.96B | 21.80B |
| FY2018 | 31 Dec 2018 | 0.42 | 9.11B | 21.67B |
| FY2017 | 31 Dec 2017 | 0.40 | 8.87B | 21.99B |
| FY2016 | 31 Dec 2016 | 0.40 | 8.00B | 20.02B |
| FY2015 | 31 Dec 2015 | 0.36 | 7.34B | 20.53B |
| FY2014 | 31 Dec 2014 | 0.31 | 6.39B | 20.68B |
| FY2013 | 31 Dec 2013 | 0.34 | 6.56B | 19.46B |
| FY2012 | 31 Dec 2012 | 0.39 | 7.05B | 18.03B |
| FY2011 | 31 Dec 2011 | 0.88 | 14.47B | 16.42B |
| FY2010 | 31 Dec 2010 | 0.55 | 8.34B | 15.03B |
| FY2009 | 31 Dec 2009 | 0.50 | 7.40B | 14.73B |
| FY2008 | 31 Dec 2008 | 0.82 | 12.84B | 15.62B |
| FY2007 | 31 Dec 2007 | 0.37 | 6.86B | 18.51B |
| FY2006 | 31 Dec 2006 | 0.28 | 5.18B | 18.61B |
| FY2005 | 31 Dec 2005 | 0.36 | 5.38B | 15.05B |
| FY2004 | 31 Dec 2004 | 0.55 | 4.32B | 7.80B |
| FY2003 | 31 Dec 2003 | 0.74 | 4.25B | 5.74B |
| FY2002 | 31 Dec 2002 | 1.15 | 4.97B | 4.31B |
| FY2001 | 31 Dec 2001 | 0.79 | 3.31B | 4.20B |
| FY2000 | 31 Dec 2000 | 0.70 | 1.07B | 1.53B |
| FY1999 | 31 Dec 1999 | 0.72 | 785.47M | 1.08B |
| FY1998 | 31 Dec 1998 | 0.91 | 982.30M | 1.09B |
| FY1997 | 31 Dec 1997 | 0.48 | 552.20M | 1.16B |
| FY1996 | 31 Dec 1996 | 0.40 | 437.10M | 1.09B |
| FY1995 | 31 Dec 1995 | 1.07 | 1.12B | 1.04B |
| FY1994 | 31 Dec 1994 | 1.06 | 1.08B | 1.03B |
| FY1993 | 31 Dec 1993 | 0.60 | 514.30M | 856.10M |
| FY1992 | 31 Dec 1992 | 0.60 | 505.40M | 835.80M |
| FY1991 | 31 Dec 1991 | 0.54 | 381.70M | 702.60M |
| FY1990 | 31 Dec 1990 | 0.37 | 249.00M | 675.30M |
| FY1989 | 31 Dec 1989 | 0.46 | 243.40M | 530.90M |
| FY1988 | 31 Dec 1988 | 0.39 | 198.90M | 507.90M |
| FY1987 | 31 Dec 1987 | 0.44 | 214.20M | 492.40M |
| FY1986 | 31 Dec 1986 | 2.40 | 906.70M | 377.30M |
| FY1985 | 31 Dec 1985 | 2.02 | 975.40M | 482.90M |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.39 | 11.00B | 27.97B |
| Q2 FY2026 | 30 Jun 2026 | 0.45 | 11.35B | 25.00B |
| Q1 FY2026 | 31 Mar 2026 | 0.48 | 11.49B | 23.87B |
| Q4 FY2025 | 31 Dec 2025 | 0.49 | 11.70B | 23.73B |
| Q3 FY2025 | 30 Sept 2025 | 0.45 | 10.58B | 23.75B |
| Q2 FY2025 | 30 Jun 2025 | 0.44 | 10.65B | 24.08B |
| Q1 FY2025 | 31 Mar 2025 | 0.46 | 10.85B | 23.49B |
| Q4 FY2024 | 31 Dec 2024 | 0.47 | 11.54B | 24.51B |
| Q3 FY2024 | 30 Sept 2024 | 0.43 | 10.81B | 25.25B |
| Q2 FY2024 | 30 Jun 2024 | 0.42 | 10.74B | 25.44B |
| Q1 FY2024 | 31 Mar 2024 | 0.42 | 10.90B | 26.06B |
| Q4 FY2023 | 31 Dec 2023 | 0.48 | 12.64B | 26.35B |
| Q3 FY2023 | 30 Sept 2023 | 0.44 | 11.44B | 25.98B |
| Q2 FY2023 | 30 Jun 2023 | 0.44 | 11.32B | 25.85B |
| Q1 FY2023 | 31 Mar 2023 | 0.46 | 11.43B | 24.98B |
| Q4 FY2022 | 31 Dec 2022 | 0.54 | 12.72B | 23.56B |
| Q3 FY2022 | 30 Sept 2022 | 0.53 | 11.58B | 21.91B |
| Q2 FY2022 | 30 Jun 2022 | 0.61 | 12.88B | 20.97B |
| Q1 FY2022 | 31 Mar 2022 | 0.70 | 13.16B | 18.82B |
| Q4 FY2021 | 31 Dec 2021 | 0.82 | 15.13B | 18.43B |
| Q3 FY2021 | 30 Sept 2021 | 0.81 | 14.23B | 17.48B |
| Q2 FY2021 | 30 Jun 2021 | 0.83 | 14.68B | 17.65B |
| Q1 FY2021 | 31 Mar 2021 | 0.82 | 14.66B | 17.80B |
| Q4 FY2020 | 31 Dec 2020 | 0.84 | 15.85B | 18.80B |
| Q3 FY2020 | 30 Sept 2020 | 0.79 | 15.21B | 19.22B |
| Q2 FY2020 | 30 Jun 2020 | 0.64 | 12.68B | 19.85B |
| Q1 FY2020 | 31 Mar 2020 | 0.61 | 11.46B | 18.84B |
| Q4 FY2019 | 31 Dec 2019 | 0.50 | 10.96B | 21.80B |
| Q3 FY2019 | 30 Sept 2019 | 0.45 | 9.57B | 21.11B |
| Q2 FY2019 | 30 Jun 2019 | 0.44 | 9.49B | 21.35B |
| Q1 FY2019 | 31 Mar 2019 | 0.47 | 10.12B | 21.31B |
| Q4 FY2018 | 31 Dec 2018 | 0.42 | 9.11B | 21.67B |
| Q3 FY2018 | 30 Sept 2018 | 0.41 | 9.08B | 21.91B |
| Q2 FY2018 | 30 Jun 2018 | 0.42 | 9.06B | 21.77B |
| Q1 FY2018 | 31 Mar 2018 | 0.41 | 8.96B | 21.88B |
| Q4 FY2017 | 31 Dec 2017 | 0.40 | 8.87B | 21.99B |
| Q3 FY2017 | 30 Sept 2017 | 0.42 | 8.49B | 20.37B |
| Q2 FY2017 | 30 Jun 2017 | 0.43 | 8.49B | 19.92B |
| Q1 FY2017 | 31 Mar 2017 | 0.43 | 8.49B | 19.83B |
| Q4 FY2016 | 31 Dec 2016 | 0.40 | 8.00B | 20.02B |
| Q3 FY2016 | 30 Sept 2016 | 0.44 | 8.95B | 20.34B |
| Q2 FY2016 | 30 Jun 2016 | 0.36 | 7.51B | 20.58B |
| Q1 FY2016 | 31 Mar 2016 | 0.36 | 7.34B | 20.66B |
| Q4 FY2015 | 31 Dec 2015 | 0.36 | 7.34B | 20.53B |
| Q3 FY2015 | 30 Sept 2015 | 0.35 | 7.38B | 21.32B |
| Q2 FY2015 | 30 Jun 2015 | 0.34 | 7.35B | 21.45B |
| Q1 FY2015 | 31 Mar 2015 | 0.36 | 7.42B | 20.77B |
| Q4 FY2014 | 31 Dec 2014 | 0.31 | 6.39B | 20.68B |
| Q3 FY2014 | 30 Sept 2014 | 0.31 | 6.38B | 20.55B |
| Q2 FY2014 | 30 Jun 2014 | 0.32 | 6.39B | 20.21B |
| Q1 FY2014 | 31 Mar 2014 | 0.33 | 6.56B | 19.92B |
| Q4 FY2013 | 31 Dec 2013 | 0.34 | 6.56B | 19.46B |
| Q3 FY2013 | 30 Sept 2013 | 0.36 | 6.56B | 18.27B |
| Q2 FY2013 | 30 Jun 2013 | 0.37 | 6.56B | 17.92B |
| Q1 FY2013 | 31 Mar 2013 | 0.37 | 6.87B | 18.34B |
| Q4 FY2012 | 31 Dec 2012 | 0.39 | 7.05B | 18.03B |
| Q3 FY2012 | 30 Sept 2012 | 0.41 | 7.05B | 17.33B |
| Q2 FY2012 | 30 Jun 2012 | 0.42 | 7.04B | 16.58B |
| Q1 FY2012 | 31 Mar 2012 | 0.48 | 7.60B | 15.96B |
| Q4 FY2011 | 31 Dec 2011 | 0.88 | 14.47B | 16.42B |
| Q3 FY2011 | 30 Sept 2011 | 0.46 | 7.65B | 16.65B |
| Q2 FY2011 | 30 Jun 2011 | 0.48 | 7.62B | 15.98B |
| Q1 FY2011 | 31 Mar 2011 | 0.51 | 7.83B | 15.22B |
| Q4 FY2010 | 31 Dec 2010 | 0.55 | 8.34B | 15.03B |
| Q3 FY2010 | 30 Sept 2010 | 0.52 | 8.04B | 15.40B |
| Q2 FY2010 | 30 Jun 2010 | 0.53 | 8.03B | 15.05B |
| Q1 FY2010 | 31 Mar 2010 | 0.57 | 8.35B | 14.67B |
| Q4 FY2009 | 31 Dec 2009 | 0.50 | 7.40B | 14.73B |
| Q3 FY2009 | 30 Sept 2009 | 0.46 | 7.38B | 15.89B |
| Q2 FY2009 | 30 Jun 2009 | 0.45 | 7.37B | 16.41B |
| Q1 FY2009 | 31 Mar 2009 | 0.48 | 7.58B | 15.80B |
| Q4 FY2008 | 31 Dec 2008 | 0.82 | 12.84B | 15.62B |
| Q3 FY2008 | 30 Sept 2008 | 0.33 | 6.48B | 19.71B |
| Q2 FY2008 | 30 Jun 2008 | 0.35 | 6.48B | 18.68B |
| Q1 FY2008 | 31 Mar 2008 | 0.36 | 6.47B | 18.23B |
| Q4 FY2007 | 31 Dec 2007 | 0.37 | 6.86B | 18.51B |
| Q3 FY2007 | 30 Sept 2007 | 0.36 | 6.91B | 18.97B |
| Q2 FY2007 | 30 Jun 2007 | 0.38 | 6.92B | 18.12B |
| Q1 FY2007 | 31 Mar 2007 | 0.26 | 4.95B | 18.73B |
| Q4 FY2006 | 31 Dec 2006 | 0.28 | 5.18B | 18.61B |
| Q3 FY2006 | 30 Sept 2006 | 0.29 | 5.14B | 17.82B |
| Q2 FY2006 | 30 Jun 2006 | 0.31 | 5.19B | 16.76B |
| Q1 FY2006 | 31 Mar 2006 | 0.33 | 5.14B | 15.40B |
| Q4 FY2005 | 31 Dec 2005 | 0.36 | 5.38B | 15.05B |
| Q3 FY2005 | 30 Sept 2005 | 0.46 | 6.38B | 13.79B |
| Q2 FY2005 | 30 Jun 2005 | 0.44 | 3.88B | 8.90B |
| Q1 FY2005 | 31 Mar 2005 | 0.51 | 4.05B | 7.99B |
| Q4 FY2004 | 31 Dec 2004 | 0.55 | 4.32B | 7.80B |
| Q3 FY2004 | 30 Sept 2004 | 0.63 | 4.59B | 7.22B |
| Q2 FY2004 | 30 Jun 2004 | 0.68 | 4.57B | 6.74B |
| Q1 FY2004 | 31 Mar 2004 | 0.76 | 4.88B | 6.44B |
| Q4 FY2003 | 31 Dec 2003 | 0.74 | 4.25B | 5.74B |
| Q3 FY2003 | 30 Sept 2003 | 0.78 | 4.37B | 5.57B |
| Q2 FY2003 | 30 Jun 2003 | 0.90 | 4.47B | 5.00B |
| Q1 FY2003 | 31 Mar 2003 | 0.87 | 4.16B | 4.80B |
| Q4 FY2002 | 31 Dec 2002 | 1.15 | 4.97B | 4.31B |
| Q3 FY2002 | 30 Sept 2002 | 1.18 | 4.98B | 4.21B |
| Q2 FY2002 | 30 Jun 2002 | 1.16 | 4.95B | 4.25B |
| Q1 FY2002 | 31 Mar 2002 | 1.30 | 5.53B | 4.25B |
| Q4 FY2001 | 31 Dec 2001 | 0.79 | 3.31B | 4.20B |
| Q3 FY2001 | 30 Sept 2001 | 0.65 | 1.33B | 2.04B |
| Q2 FY2001 | 30 Jun 2001 | 0.68 | 1.33B | 1.95B |
| Q1 FY2001 | 31 Mar 2001 | 0.61 | 1.04B | 1.70B |
| Q4 FY2000 | 31 Dec 2000 | 0.70 | 1.07B | 1.53B |
| Q3 FY2000 | 30 Sept 2000 | 0.82 | 1.19B | 1.45B |
| Q2 FY2000 | 30 Jun 2000 | 1.01 | 1.36B | 1.35B |
| Q1 FY2000 | 31 Mar 2000 | 0.70 | 771.66M | 1.11B |
| Q4 FY1999 | 31 Dec 1999 | 0.72 | 785.47M | 1.08B |
| Q3 FY1999 | 30 Sept 1999 | 0.80 | 857.80M | 1.08B |
| Q2 FY1999 | 30 Jun 1999 | 0.90 | 947.10M | 1.06B |
| Q1 FY1999 | 31 Mar 1999 | 0.84 | 909.40M | 1.08B |
| Q4 FY1998 | 31 Dec 1998 | 0.91 | 982.30M | 1.09B |
| Q3 FY1998 | 30 Sept 1998 | 0.69 | 804.70M | 1.17B |
| Q2 FY1998 | 30 Jun 1998 | 0.45 | 535.00M | 1.18B |
| Q1 FY1998 | 31 Mar 1998 | 0.50 | 573.30M | 1.15B |
| Q4 FY1997 | 31 Dec 1997 | 0.48 | 552.20M | 1.16B |
| Q3 FY1997 | 30 Sept 1997 | 0.43 | 498.50M | 1.15B |
| Q2 FY1997 | 30 Jun 1997 | 0.73 | 906.50M | 1.24B |
| Q1 FY1997 | 31 Mar 1997 | 0.90 | 992.10M | 1.10B |
| Q4 FY1996 | 31 Dec 1996 | 0.40 | 437.10M | 1.09B |
| Q3 FY1996 | 30 Sept 1996 | 0.94 | 1.01B | 1.08B |
| Q2 FY1996 | 30 Jun 1996 | 0.90 | 967.40M | 1.07B |
| Q1 FY1996 | 31 Mar 1996 | 0.98 | 1.04B | 1.05B |
| Q4 FY1995 | 31 Dec 1995 | 1.07 | 1.12B | 1.04B |
| Q3 FY1995 | 30 Sept 1995 | 1.01 | 1.07B | 1.05B |
| Q2 FY1995 | 30 Jun 1995 | 1.03 | 1.06B | 1.04B |
| Q1 FY1995 | 31 Mar 1995 | 1.01 | 1.02B | 1.01B |
| Q4 FY1994 | 31 Dec 1994 | 1.06 | 1.08B | 1.03B |
| Q3 FY1994 | 30 Sept 1994 | 0.99 | 1.02B | 1.03B |
| Q2 FY1994 | 30 Jun 1994 | 0.95 | 972.60M | 1.02B |
| Q1 FY1994 | 31 Mar 1994 | 0.44 | 453.60M | 1.03B |
| Q4 FY1993 | 31 Dec 1993 | 0.60 | 514.30M | 856.10M |
| Q3 FY1993 | 30 Sept 1993 | 0.59 | 514.90M | 869.10M |
| Q2 FY1993 | 30 Jun 1993 | 0.62 | 536.90M | 868.60M |
| Q1 FY1993 | 31 Mar 1993 | 0.62 | 524.10M | 848.40M |
| Q4 FY1992 | 31 Dec 1992 | 0.60 | 505.40M | 835.80M |
| Q3 FY1992 | 30 Sept 1992 | 0.59 | 489.70M | 831.90M |
| Q2 FY1992 | 30 Jun 1992 | 0.57 | 456.30M | 807.40M |
| Q1 FY1992 | 31 Mar 1992 | 0.44 | 350.90M | 794.00M |
| Q4 FY1991 | 31 Dec 1991 | 0.54 | 381.70M | 702.60M |
| Q3 FY1991 | 30 Sept 1991 | 0.48 | 341.80M | 705.80M |
| Q2 FY1991 | 30 Jun 1991 | 0.48 | 342.50M | 709.40M |
| Q1 FY1991 | 31 Mar 1991 | 0.50 | 342.60M | 689.30M |
| Q4 FY1990 | 31 Dec 1990 | 0.37 | 249.00M | 675.30M |
| Q3 FY1990 | 30 Sept 1990 | 0.22 | 143.40M | 649.20M |
| Q2 FY1990 | 30 Jun 1990 | 0.38 | 212.80M | 552.80M |
| Q1 FY1990 | 31 Mar 1990 | 0.42 | 224.90M | 536.90M |
| Q4 FY1989 | 31 Dec 1989 | 0.46 | 243.40M | 530.90M |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 0.39 | 198.90M | 507.90M |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.44 | 214.20M | 492.40M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 2.40 | 906.70M | 377.30M |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 2.02 | 975.40M | 482.90M |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Valero Energy's debt to equity
Source: Financial Modeling PrepVerified against SEC filings