Valero Q2 net income falls to $714 million, or $2.28 per share, from $880 million
Valero reported second-quarter 2025 net income attributable to stockholders of $714 million, or $2.28 per share, down from $880 million, or $2.71 per share, a year earlier, on revenue of $29.9 billion versus $34.5 billion. The renewable diesel segment swung to an operating loss, which weighed on results even as refining operating income rose, and the company declared a $1.13 quarterly dividend and returned $695 million to stockholders.
Key points
- Net income attributable to stockholders was $714 million, or $2.28 per share, versus $880 million, or $2.71 per share, in Q2 2024.
- Refining operating income was $1.3 billion, up from $1.2 billion a year earlier.
- Renewable Diesel posted an operating loss of $79 million, compared with operating income of $112 million in Q2 2024.
- Valero returned $695 million to stockholders, including $354 million in dividends, and declared a quarterly dividend of $1.13 per share payable September 2, 2025.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.