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) cash flow conversion to assess how effectively this company generates cash.
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. Check VLO cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Valero Energy Corporation (1989–2025)
Year-by-year earnings quality comparison for Valero Energy Corporation. For live market cap and the full company financial profile, see Valero Energy Corporation market capitalisation.
| 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 | — |