The company said net income attributable to Valero stockholders was $281 million ($0.88 per share) for Q4 2024, compared with $1.2 billion ($3.55 per share) for Q4 2023. For the year, net income was $2.8 billion ($8.58 per share), compared with $8.8 billion ($24.92 per share) in 2023.

1. 01

   The company said net income attributable to Valero stockholders was $281 million ($0.88 per share) for Q4 2024, compared with $1.2 billion ($3.55 per share) for Q4 2023. For the year, net income was $2.8 billion ($8.58 per share), compared with $8.8 billion ($24.92 per share) in 2023.

2. 02

   Valero said operating income for Q4 2024 was $437 million for the Refining segment ($1.6 billion in Q4 2023), $170 million for the Renewable Diesel segment ($84 million in the prior-year quarter), and $20 million for the Ethanol segment ($190 million in the prior-year quarter).

3. 03

   The company said it returned $339 million in dividends and $262 million in stock buybacks, for a total of $601 million, to stockholders in Q4 2024. For the year, it returned $4.3 billion, consisting of $2.9 billion in stock buybacks and $1.4 billion in dividends.

4. 04

   The company said it had $8.1 billion of total debt, $2.4 billion of finance lease obligations and $4.7 billion of cash and cash equivalents as of year-end 2024. The debt to capitalization ratio, net of cash and cash equivalents, was 17%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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