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Valero Energy Corporation (NYSE:VLO)
Pretax Income
$3,982 Mil (TTM As of Dec. 2013)

Pretax income is the income that a company earns before paying income taxes. Valero Energy Corporation's pretax income for the three months ended in Dec. 2013 was $1,802 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2013 was $3,982 Mil. Valero Energy Corporation's pretax margin was 5.23%.

During the past 13 years, Valero Energy Corporation's highest Pretax Margin was 9.01%. The lowest was -1.50%. And the median was 2.72%.


Definition

This is the income that a company earns before paying income taxes.

Valero Energy Corporation's Pretax Income for the fiscal year that ended in Dec. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=3963+384+-365+0+0
=3,982

Valero Energy Corporation's Pretax Income for the quarter that ended in Dec. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1562+342+-102+0+0
=1,802

Valero Energy Corporation Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2013 was 992 (Mar. 2013 ) + 741 (Jun. 2013 ) + 447 (Sep. 2013 ) + 1802 (Dec. 2013 ) = $3,982 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Valero Energy Corporation's Pretax Margin for the quarter that ended in Dec. 2013 is calculated as

Pretax Margin=Pretax Income/Revenue
=1802/34429
=5.23%

During the past 13 years, Valero Energy Corporation's highest Pretax Margin was 9.01%. The lowest was -1.50%. And the median was 2.72%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Valero Energy Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 2,7105,0947,8986,726527-3161,4983,3223,7063,982

Valero Energy Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Pretax Income 1,89293-3371,2821,2371,5249927414471,802
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