Valero Energy Corporation Financial Flexibility Index
Valero Energy Corporation financial flexibility index. Valero Energy Corporation (VLO) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $1.55 Billion (operating CF $1.39 Billion minus capex $160.00 Million) represents 0% of total liabilities ($35.21 Billion). See VLO FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Valero Energy Corporation (1989–2025)
Financial flexibility index of Valero Energy Corporation from 1989 to 2025. Historical Financial Flexibility Index trend for Valero Energy Corporation across 37 annual periods. Check Valero Energy Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Valero Energy Corporation Financial Flexibility Index by Year (1989–2025)
Valero Energy Corporation financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for Valero Energy Corporation. For the full cash flow conversion analysis, see Valero Energy Corporation (VLO) cash conversion ratio.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $6.62 Billion | $5.83 Billion | $31.38 Billion | ▼ -9.3% |
| 2024 | 0.23x | $7.59 Billion | $6.68 Billion | $32.62 Billion | ▼ -20.8% |
| 2023 | 0.29x | $10.14 Billion | $9.23 Billion | $34.53 Billion | ▲ +345.3% |
| 2022 | 0.07x | $2.34 Billion | $661.00 Million | $35.51 Billion | ▲ +19.3% |
| 2021 | 0.06x | $2.10 Billion | $439.00 Million | $38.07 Billion | ▼ -36.7% |
| 2020 | 0.09x | $2.81 Billion | $1.02 Billion | $32.13 Billion | ▲ +18.3% |
| 2019 | 0.07x | $2.31 Billion | $315.00 Million | $31.33 Billion | ▼ -68.6% |
| 2018 | 0.23x | $6.44 Billion | $4.37 Billion | $27.42 Billion | ▼ -6.7% |
| 2017 | 0.25x | $6.86 Billion | $5.48 Billion | $27.26 Billion | ▲ +4.5% |
| 2016 | 0.24x | $6.10 Billion | $4.82 Billion | $25.32 Billion | ▼ -23.4% |
| 2015 | 0.31x | $7.23 Billion | $5.61 Billion | $22.99 Billion | ▲ +19.5% |
| 2014 | 0.26x | $6.39 Billion | $4.24 Billion | $24.31 Billion | ▼ -6.5% |
| 2013 | 0.28x | $7.68 Billion | $5.56 Billion | $27.31 Billion | ▼ -9.5% |
| 2012 | 0.31x | $8.20 Billion | $5.27 Billion | $26.38 Billion | ▲ +28.1% |
| 2011 | 0.24x | $6.39 Billion | $4.04 Billion | $26.34 Billion | ▲ +14.9% |
| 2010 | 0.21x | $4.78 Billion | $3.04 Billion | $22.60 Billion | ▲ +6.4% |
| 2009 | 0.20x | $4.15 Billion | $1.82 Billion | $20.90 Billion | ▼ -35.5% |
| 2008 | 0.31x | $5.78 Billion | $2.99 Billion | $18.80 Billion | ▼ -0.9% |
| 2007 | 0.31x | $7.52 Billion | $5.26 Billion | $24.21 Billion | ▼ -37.4% |
| 2006 | 0.50x | $9.50 Billion | $6.31 Billion | $19.15 Billion | ▲ +10.6% |
| 2005 | 0.45x | $7.93 Billion | $5.80 Billion | $17.68 Billion | ▲ +22.4% |
| 2004 | 0.37x | $4.25 Billion | $2.96 Billion | $11.59 Billion | ▲ +52.1% |
| 2003 | 0.24x | $2.39 Billion | $1.42 Billion | $9.93 Billion | ▲ +123.3% |
| 2002 | 0.11x | $1.08 Billion | $272.30 Million | $10.04 Billion | ▼ -16.4% |
| 2001 | 0.13x | $1.30 Billion | $905.51 Million | $10.06 Billion | ▼ -57.7% |
| 2000 | 0.31x | $796.19 Million | $601.30 Million | $2.61 Billion | ▲ +8.0% |
| 1999 | 0.28x | $535.70 Million | $435.10 Million | $1.89 Billion | ▼ -30.4% |
| 1998 | 0.41x | $666.50 Million | $165.80 Million | $1.64 Billion | ▲ +58.0% |
| 1997 | 0.26x | $343.10 Million | $221.10 Million | $1.33 Billion | ▲ +31.2% |
| 1996 | 0.20x | $404.30 Million | $275.80 Million | $2.06 Billion | ▲ +28.3% |
| 1995 | 0.15x | $280.40 Million | $155.80 Million | $1.84 Billion | ▲ +85.4% |
| 1994 | 0.08x | $148.80 Million | $68.10 Million | $1.81 Billion | ▼ -75.1% |
| 1993 | 0.33x | $300.90 Million | $141.30 Million | $908.30 Million | ▼ -29.7% |
| 1992 | 0.47x | $435.30 Million | $152.50 Million | $923.30 Million | ▼ -11.0% |
| 1991 | 0.53x | $412.50 Million | $182.80 Million | $778.30 Million | ▼ -8.2% |
| 1990 | 0.58x | $334.20 Million | $196.40 Million | $578.70 Million | ▲ +250.0% |
| 1989 | 0.16x | $80.30 Million | $43.40 Million | $486.70 Million | — |