Valero Energy (MEX:VLO) Selling, General, & Admin. Expense: MXN19,466 Mil (TTM As of Mar. 2026)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:VLO Valero Energy Corp MEX:VLO
53 GF Score
Price MXN4,676.85
GF Value MXN2,270.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Valero Energy Selling, General, & Admin. Expense?

Valero Energy MEX:VLO 53 Selling, General, & Admin. Expense is MXN19,466 Mil as of Mar. 2026. GuruFocus rates MEX:VLO with a GF Score™ of 53/100 and a GF Value™ of MXN2,270.36 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Valero Energy's selling, general, & admin. expense for the three months ended in Mar. 2026 was MXN5,139 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN19,466 Mil.


Valero Energy  (MEX:VLO) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Valero Energy Selling, General, & Admin. Expense Related Terms


Valero Energy Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Valero Energy's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Valero Energy Selling, General, & Admin. Expense Chart

Valero Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,744.61 18,209.26 16,940.30 20,042.33 18,761.94

Valero Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,339.59 4,142.42 4,512.67 5,671.80 5,139.32

MEX:VLO vs MPC, PSX, SUN: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Refining & Marketing subindustry, Valero Energy's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Valero Energy Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valero Energy's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Valero Energy's Selling, General, & Admin. Expense falls into.


MEX:VLO
53GF Score
Valero Energy Corp MEX:VLO
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valero Energy Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN19,466 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of MXN19,466 Mil mean?
Valero Energy (MEX:VLO) has a Selling, General, & Admin. Expense of MXN19,466 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Valero Energy and its competitors.
Is Valero Energy's Selling, General, & Admin. Expense too high?
Valero Energy's current Selling, General, & Admin. Expense is MXN19,466 Mil. Overall, Valero Energy has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valero Energy's Selling, General, & Admin. Expense compare to MPC and PSX?
Valero Energy's Selling, General, & Admin. Expense of MXN19,466 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Valero Energy and its competitors. Valero Energy's current Selling, General, & Admin. Expense is MXN19,466 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valero Energy stock overvalued right now?
Based on GuruFocus' analysis, Valero Energy (MEX:VLO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,270.36, compared to a current price of MXN4,676.85 — trading 106% above its estimated fair value. The current Selling, General, & Admin. Expense is MXN19,466 Mil. Valero Energy's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Valero Energy (MEX:VLO), the current Selling, General, & Admin. Expense is MXN19,466 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Valero Energy (MEX:VLO) Overvalued in 2026?

Based on GuruFocus' analysis, Valero Energy stock appears to be overvalued. The current stock price of MXN4,676.85 is trading 106% above its estimated GF Value™ of MXN2,270.36. GuruFocus considers Valero Energy to be Significantly Overvalued.

Key valuation signals for MEX:VLO:

  • Selling, General, & Admin. Expense: MXN19,466 Mil
  • GF Value™: MXN2,270.36 vs. price of MXN4,676.85 (106% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the MEX:VLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Valero Energy Business Description

Industry EnergyOil & Gas
Address One Valero Way, San Antonio, TX, USA, 78249
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which can produce 1.2 billion gallons per year of renewable diesel.
53GF Score

Get the complete analysis for MEX:VLO

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,676.85
Price
MXN2,270.36
GF Value