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GuruFocus has detected 3 Warning Signs with Valero Energy Corp $VLO.
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Valero Energy Corp (NYSE:VLO)
Pre-Tax Income
$3,182 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. Valero Energy Corp's pretax income for the three months ended in Dec. 2016 was $529 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $3,182 Mil. Valero Energy Corp's pretax margin was 2.55%.

During the past 13 years, Valero Energy Corp's highest Pretax Margin was 7.06%. The lowest was -0.49%. And the median was 3.16%.


Definition

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

Valero Energy Corp's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=3572+56+-446+0+0
=3,182

Valero Energy Corp's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=620+21+-112+0+0
=529

Valero Energy Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 730 (Mar. 2016 ) + 1134 (Jun. 2016 ) + 789 (Sep. 2016 ) + 529 (Dec. 2016 ) = $3,182 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Valero Energy Corp's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=529/20712
=2.55%

During the past 13 years, Valero Energy Corp's highest Pretax Margin was 7.06%. The lowest was -0.49%. And the median was 3.16%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Valero Energy Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 6,726527-3161,4983,3224,7403,9765,5525,9713,182

Valero Energy Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 1,5831,7041,4181,9732,0305507301,134789529
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