Valero Energy Corporation (VLO) — Cash Flow-to-Debt Ratio
Valero Energy Corporation (VLO) has a Cash Flow-to-Debt Ratio of 0.04x as of March 2026, meaning its operating cash flow of $1.39 Billion could theoretically repay 0% of its total liabilities ($35.21 Billion) in one year. See VLO FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Valero Energy Corporation Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Valero Energy Corporation across 37 annual periods. Also explore VLO net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Valero Energy Corporation (1989–2025)
Year-by-year debt coverage analysis for Valero Energy Corporation. For market capitalisation and broader financial context, see VLO market cap overview.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | $5.83 Billion | $31.38 Billion | ▼ -9.4% |
| 2024 | 0.20x | $6.68 Billion | $32.62 Billion | ▼ -23.3% |
| 2023 | 0.27x | $9.23 Billion | $34.53 Billion | ▲ +1335.9% |
| 2022 | 0.02x | $661.00 Million | $35.51 Billion | ▲ +61.4% |
| 2021 | 0.01x | $439.00 Million | $38.07 Billion | ▼ -63.6% |
| 2020 | 0.03x | $1.02 Billion | $32.13 Billion | ▲ +215.1% |
| 2019 | 0.01x | $315.00 Million | $31.33 Billion | ▼ -93.7% |
| 2018 | 0.16x | $4.37 Billion | $27.42 Billion | ▼ -20.7% |
| 2017 | 0.20x | $5.48 Billion | $27.26 Billion | ▲ +5.6% |
| 2016 | 0.19x | $4.82 Billion | $25.32 Billion | ▼ -22.0% |
| 2015 | 0.24x | $5.61 Billion | $22.99 Billion | ▲ +39.9% |
| 2014 | 0.17x | $4.24 Billion | $24.31 Billion | ▼ -14.3% |
| 2013 | 0.20x | $5.56 Billion | $27.31 Billion | ▲ +2.0% |
| 2012 | 0.20x | $5.27 Billion | $26.38 Billion | ▲ +30.3% |
| 2011 | 0.15x | $4.04 Billion | $26.34 Billion | ▲ +13.8% |
| 2010 | 0.13x | $3.04 Billion | $22.60 Billion | ▲ +54.5% |
| 2009 | 0.09x | $1.82 Billion | $20.90 Billion | ▼ -45.2% |
| 2008 | 0.16x | $2.99 Billion | $18.80 Billion | ▼ -26.7% |
| 2007 | 0.22x | $5.26 Billion | $24.21 Billion | ▼ -34.1% |
| 2006 | 0.33x | $6.31 Billion | $19.15 Billion | ▲ +0.5% |
| 2005 | 0.33x | $5.80 Billion | $17.68 Billion | ▲ +28.6% |
| 2004 | 0.26x | $2.96 Billion | $11.59 Billion | ▲ +78.8% |
| 2003 | 0.14x | $1.42 Billion | $9.93 Billion | ▲ +426.0% |
| 2002 | 0.03x | $272.30 Million | $10.04 Billion | ▼ -69.9% |
| 2001 | 0.09x | $905.51 Million | $10.06 Billion | ▼ -61.0% |
| 2000 | 0.23x | $601.30 Million | $2.61 Billion | ▲ +0.4% |
| 1999 | 0.23x | $435.10 Million | $1.89 Billion | ▲ +127.2% |
| 1998 | 0.10x | $165.80 Million | $1.64 Billion | ▼ -39.0% |
| 1997 | 0.17x | $221.10 Million | $1.33 Billion | ▲ +24.0% |
| 1996 | 0.13x | $275.80 Million | $2.06 Billion | ▲ +57.5% |
| 1995 | 0.08x | $155.80 Million | $1.84 Billion | ▲ +125.1% |
| 1994 | 0.04x | $68.10 Million | $1.81 Billion | ▼ -75.8% |
| 1993 | 0.16x | $141.30 Million | $908.30 Million | ▼ -5.8% |
| 1992 | 0.17x | $152.50 Million | $923.30 Million | ▼ -29.7% |
| 1991 | 0.23x | $182.80 Million | $778.30 Million | ▼ -30.8% |
| 1990 | 0.34x | $196.40 Million | $578.70 Million | ▲ +280.6% |
| 1989 | 0.09x | $43.40 Million | $486.70 Million | — |