Valero Energy Corporation (VLO) — Cash Flow Quality Index
Valero Energy Corporation (VLO) has a Cash Flow Quality Index of 1.05x as of March 2026. Operating cash flow of $1.39 Billion exceeds net income of $1.32 Billion, indicating high earnings quality where cash backs reported profits. Explore Valero Energy Corporation (VLO) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Valero Energy Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Valero Energy Corporation across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Valero Energy Corporation generate cash.
Annual Cash Flow Quality Index for Valero Energy Corporation (1989–2025)
Year-by-year earnings quality comparison for Valero Energy Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.48x | $5.83 Billion | $2.35 Billion | ▲ +2.8% |
| 2024 | 2.41x | $6.68 Billion | $2.77 Billion | ▲ +139.2% |
| 2023 | 1.01x | $9.23 Billion | $9.15 Billion | ▲ +1712.8% |
| 2022 | 0.06x | $661.00 Million | $11.88 Billion | ▼ -83.7% |
| 2021 | 0.34x | $439.00 Million | $1.29 Billion | ▲ +201.2% |
| 2019 | 0.11x | $315.00 Million | $2.78 Billion | ▼ -91.9% |
| 2018 | 1.40x | $4.37 Billion | $3.12 Billion | ▲ +3.8% |
| 2017 | 1.35x | $5.48 Billion | $4.07 Billion | ▼ -36.0% |
| 2016 | 2.11x | $4.82 Billion | $2.29 Billion | ▲ +49.7% |
| 2015 | 1.41x | $5.61 Billion | $3.99 Billion | ▲ +23.1% |
| 2014 | 1.14x | $4.24 Billion | $3.71 Billion | ▼ -44.0% |
| 2013 | 2.04x | $5.56 Billion | $2.73 Billion | ▼ -19.5% |
| 2012 | 2.53x | $5.27 Billion | $2.08 Billion | ▲ +31.1% |
| 2011 | 1.93x | $4.04 Billion | $2.09 Billion | ▼ -79.4% |
| 2010 | 9.40x | $3.04 Billion | $324.00 Million | ▲ +835.5% |
| 2007 | 1.00x | $5.26 Billion | $5.23 Billion | ▼ -13.1% |
| 2006 | 1.16x | $6.31 Billion | $5.46 Billion | ▼ -28.5% |
| 2005 | 1.62x | $5.80 Billion | $3.59 Billion | ▼ -1.5% |
| 2004 | 1.64x | $2.96 Billion | $1.80 Billion | ▼ -28.1% |
| 2003 | 2.28x | $1.42 Billion | $621.50 Million | ▼ -23.4% |
| 2002 | 2.98x | $272.30 Million | $91.50 Million | ▲ +85.2% |
| 2001 | 1.61x | $905.51 Million | $563.55 Million | ▼ -9.4% |
| 2000 | 1.77x | $601.30 Million | $339.12 Million | ▼ -94.2% |
| 1999 | 30.43x | $435.10 Million | $14.30 Million | ▲ +1222.5% |
| 1997 | 2.30x | $221.10 Million | $96.10 Million | ▼ -39.4% |
| 1996 | 3.79x | $275.80 Million | $72.70 Million | ▲ +45.6% |
| 1995 | 2.61x | $155.80 Million | $59.80 Million | ▲ +2.9% |
| 1994 | 2.53x | $68.10 Million | $26.90 Million | ▼ -34.8% |
| 1993 | 3.88x | $141.30 Million | $36.40 Million | ▲ +113.6% |
| 1992 | 1.82x | $152.50 Million | $83.90 Million | ▼ -1.9% |
| 1991 | 1.85x | $182.80 Million | $98.70 Million | ▼ -10.7% |
| 1990 | 2.07x | $196.40 Million | $94.70 Million | ▲ +98.3% |
| 1989 | 1.05x | $43.40 Million | $41.50 Million | — |