Valero Energy Corporation (VLO) — 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). Check cash flow reinvestment rate of Valero Energy Corporation to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Valero Energy Corporation Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Valero Energy Corporation across 37 annual periods. For the full cash flow conversion analysis, see Valero Energy Corporation cash flow conversion.
Annual Financial Flexibility Index for Valero Energy Corporation (1989–2025)
Year-by-year free cash flow to debt coverage for Valero Energy Corporation. Explore cash flow to debt ratio of Valero Energy Corporation to assess how comfortably operating cash covers total debt obligations.
| 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 | — |