Stock Analysis on Net

Valero Energy Corp. (NYSE:VLO)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Valero Energy Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Gasolines and blendstocks 61,538 70,496 49,534 26,278 42,798
Distillates 63,664 82,521 45,939 28,234 51,942
Other product revenues 11,268 15,137 11,474 6,328 9,006
Refining revenues 136,470 168,154 106,947 60,840 103,746
Renewable diesel 3,665 3,333 1,874 1,055 970
Renewable naphtha 158 150
Renewable Diesel revenues 3,823 3,483 1,874 1,055 970
Ethanol 3,300 3,653 4,122 2,353 2,889
Distillers grains 1,173 1,093 1,034 664 717
Ethanol revenues 4,473 4,746 5,156 3,017 3,606
Corporate, other revenues 2
Revenues 144,766 176,383 113,977 64,912 108,324

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Valero Energy Corp. revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.