Analysis for VLO

$444.06 -15.72 (-3.42%)

📈 Growth — 29/30
💰 Profitability — 15/20
🏦 Financial Health — 18/20
💵 Valuation — 15/20
⚠️ Risk — 6/10

Overall Score: 81/100

Summary:

📈 Growth & Financial Trajectory

8-quarter trend: from ~$32.9B revenue in 2024 Q3 to ~$44.5B in 2026 Q2, about +36%. Net income grew from ~$0.39B to ~$4.07B, signaling profitability expansion despite mid-period volatility (2025 Q2 and Q4). The trajectory shows a trough around 2025 mid-year followed by a strong rebound into 2026.

💰 Margins & Cash Flow

Gross margin hovered in the low single digits for most quarters (roughly 2–6%), with a sharp improvement evident in 2026 Q2 where gross profit leapt to $5.47B on $44.48B revenue (12% GM). Operating cash flow remained positive across periods, with aggregate cash generation fluctuating but supporting capital needs; quarterly free cash flow was variable but generally constructive.

🛡️ Balance Sheet & Liquidity

Total assets consistently $59–64B, with equity ~$26–28B and debt in the low billions ($8B). This yields a solid balance sheet with ample asset liquidity and moderate leverage, supporting resilience through commodity cycles.

⚠️ Key Drivers & Risks

Drivers: Refining demand, favorable margin mix in late 2025/2026.
Risks: Energy-cycle cyclicality, commodity price swings, potential earnings volatility from quarter to quarter.