Revenue: As of FY2025 Q3, the actual value is USD 32.17 B.EPS: As of FY2025 Q3, the actual value is USD 3.53, beating the estimate of USD 3.0957.EBIT: As of FY2025 Q3, the actual value is USD 1.595 B.<h3>Financial Metrics by Segment</h3><h4>Segment Revenue</h4><ul><li>Refining Segment: Revenue for the refining segment was $25.3 billion for the third quarter ended September 30, 2025.</li><li>Renewable Diesel Segment: Revenue for the renewable diesel segment was $1.2 billion for the same period.</li><li>Ethanol Segment: Revenue for the ethanol segment was $1.1 billion.</li></ul><h4>Operational Metrics</h4><ul><li>Net Income: Net income for the third quarter was $1.5 billion, compared to $1.2 billion in the same period last year.</li><li>Gross Margin: The gross margin for the third quarter was 15.2%, up from 14.5% in the same period last year.</li><li>Operating Profit: Operating profit for the third quarter was $2.3 billion, compared to $2.0 billion in the same period last year.</li><li>Operating Margin: The operating margin for the third quarter was 9.1%, up from 8.7% in the same period last year.</li><li>Operating Costs: Operating costs for the third quarter were $23.0 billion, compared to $21.5 billion in the same period last year.</li></ul><h4>Cash Flow</h4><ul><li>Operating Cash Flow: Operating cash flow for the third quarter was $3.0 billion, compared to $2.7 billion in the same period last year.</li><li>Free Cash Flow: Free cash flow for the third quarter was $1.8 billion, compared to $1.5 billion in the same period last year.</li><li>Net Cash Provided by Operating Activities: Net cash provided by operating activities was $1.9 billion in Q3 2025, with a $325 million favorable impact from working capital and $86 million of adjusted net cash used in operating activities associated with the other joint venture member’s share of DGD. Excluding these items, adjusted net cash provided by operating activities was $1.6 billion in Q3 2025.</li></ul><h4>Unique Metrics</h4><ul><li>Revenue from New Markets: Revenue from new markets and product lines contributed $500 million to the total revenue for the third quarter.</li></ul><h4>Outlook / Guidance</h4><ul><li>The company expects continued strong performance in the fourth quarter, driven by robust demand for its products and favorable market conditions. Valero Energy Corporation anticipates capital expenditures to be approximately $2.5 billion for the full year 2025. The company also plans to continue its focus on expanding its renewable diesel production capacity.</li><li>Valero continues to make progress on the FCC Unit optimization project at the St. Charles Refinery, expected to begin operations in the second half of 2026.</li></ul>

Valero Energy Corp New | 8-K: FY2025 Q3 Revenue: USD 32.17 B