Valero Energy Corporation (VLO) — Cash Flow Reinvestment Rate
Valero Energy Corporation (VLO) has a Cash Flow Reinvestment Rate of 0.12x as of March 2026, reinvesting $160.00 Million (capex $160.00 Million ) from operating cash flow of $1.39 Billion. See Valero Energy Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Valero Energy Corporation Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Valero Energy Corporation across 37 annual periods. For the full cash flow conversion analysis, see Valero Energy Corporation (VLO) cash flow conversion.
Annual Cash Flow Reinvestment Rate for Valero Energy Corporation (1989–2025)
Year-by-year capital reinvestment analysis for Valero Energy Corporation. See how financially flexible is Valero Energy Corporation to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.14x | $799.00 Million | $5.83 Billion | $796.00 Million | ▼ -68.3% |
| 2024 | 0.43x | $2.89 Billion | $6.68 Billion | $907.00 Million | ▲ +31.7% |
| 2023 | 0.33x | $3.03 Billion | $9.23 Billion | $911.00 Million | ▼ -87.3% |
| 2022 | 2.59x | $1.71 Billion | $661.00 Million | $1.68 Billion | ▼ -41.0% |
| 2021 | 4.39x | $1.93 Billion | $439.00 Million | $1.67 Billion | ▲ +142.5% |
| 2020 | 1.81x | $1.84 Billion | $1.02 Billion | $1.79 Billion | ▼ -73.6% |
| 2019 | 6.86x | $2.16 Billion | $315.00 Million | $2.00 Billion | ▲ +1231.0% |
| 2018 | 0.52x | $2.25 Billion | $4.37 Billion | $2.07 Billion | ▲ +58.3% |
| 2017 | 0.33x | $1.78 Billion | $5.48 Billion | $1.38 Billion | ▲ +22.4% |
| 2016 | 0.27x | $1.28 Billion | $4.82 Billion | $1.28 Billion | ▼ -15.2% |
| 2015 | 0.31x | $1.76 Billion | $5.61 Billion | $1.62 Billion | ▼ -38.6% |
| 2014 | 0.51x | $2.17 Billion | $4.24 Billion | $2.15 Billion | ▲ +34.0% |
| 2013 | 0.38x | $2.12 Billion | $5.56 Billion | $2.12 Billion | ▼ -31.5% |
| 2012 | 0.56x | $2.93 Billion | $5.27 Billion | $2.93 Billion | ▼ -4.6% |
| 2011 | 0.58x | $2.35 Billion | $4.04 Billion | $2.35 Billion | ▼ -13.8% |
| 2010 | 0.68x | $2.06 Billion | $3.04 Billion | $1.73 Billion | ▼ -47.0% |
| 2009 | 1.28x | $2.33 Billion | $1.82 Billion | $2.33 Billion | ▲ +36.9% |
| 2008 | 0.93x | $2.79 Billion | $2.99 Billion | $2.79 Billion | ▲ +116.9% |
| 2007 | 0.43x | $2.26 Billion | $5.26 Billion | $2.26 Billion | ▼ -14.9% |
| 2006 | 0.50x | $3.19 Billion | $6.31 Billion | $3.19 Billion | ▲ +37.3% |
| 2005 | 0.37x | $2.13 Billion | $5.80 Billion | $2.13 Billion | ▼ -15.8% |
| 2004 | 0.44x | $1.29 Billion | $2.96 Billion | $1.29 Billion | ▼ -36.6% |
| 2003 | 0.69x | $975.80 Million | $1.42 Billion | $975.80 Million | ▼ -76.9% |
| 2002 | 2.98x | $811.20 Million | $272.30 Million | $811.20 Million | ▲ +585.4% |
| 2001 | 0.43x | $393.56 Million | $905.51 Million | $393.56 Million | ▲ +34.1% |
| 2000 | 0.32x | $194.89 Million | $601.30 Million | $194.89 Million | ▲ +40.2% |
| 1999 | 0.23x | $100.60 Million | $435.10 Million | $100.60 Million | ▼ -92.3% |
| 1998 | 3.02x | $500.70 Million | $165.80 Million | $500.70 Million | ▲ +447.3% |
| 1997 | 0.55x | $122.00 Million | $221.10 Million | $122.00 Million | ▲ +18.4% |
| 1996 | 0.47x | $128.50 Million | $275.80 Million | $128.50 Million | ▼ -41.7% |
| 1995 | 0.80x | $124.60 Million | $155.80 Million | $124.60 Million | ▼ -32.5% |
| 1994 | 1.19x | $80.70 Million | $68.10 Million | $80.70 Million | ▲ +4.9% |
| 1993 | 1.13x | $159.60 Million | $141.30 Million | $159.60 Million | ▼ -39.1% |
| 1992 | 1.85x | $282.80 Million | $152.50 Million | $282.80 Million | ▲ +47.6% |
| 1991 | 1.26x | $229.70 Million | $182.80 Million | $229.70 Million | ▲ +79.1% |
| 1990 | 0.70x | $137.80 Million | $196.40 Million | $137.80 Million | ▼ -17.5% |
| 1989 | 0.85x | $36.90 Million | $43.40 Million | $36.90 Million | — |