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. Explore VLO capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore Valero Energy Corporation assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Valero Energy Corporation (1989–2025)
Year-by-year capital reinvestment analysis for Valero Energy Corporation. For live market cap and broader valuation context, see VLO market cap overview.
| 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 | — |