Shares Outstanding for Valero Energy (VLO)
According to Valero Energy's latest reported financial statements, the company's latest reported diluted shares outstanding is 303.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
303.00M
YoY change
-4.0%
5Y CAGR
-5.4%
Peak year (2006)
632.00M
Latest annual
309.00M
Shares Outstanding history chart for Valero Energy (VLO) from 1985 to 2025
Shares Outstanding history table for Valero Energy (VLO) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 309.00M | -4.0% | ||
| 2024 | 322.00M | -8.8% | ||
| 2023 | 353.00M | -10.9% | ||
| 2022 | 396.00M | -2.7% | ||
| 2021 | 407.00M | 0.0% | ||
| 2020 | 407.00M | -1.5% | ||
| 2019 | 413.00M | -3.5% | ||
| 2018 | 428.00M | -3.6% | ||
| 2017 | 444.00M | -4.3% | ||
| 2016 | 464.00M | -7.2% | ||
| 2015 | 500.00M | -5.7% | ||
| 2014 | 530.00M | -3.3% | ||
| 2013 | 548.00M | -1.4% | ||
| 2012 | 556.00M | -2.3% | ||
| 2011 | 569.00M | +0.2% | ||
| 2010 | 568.00M | +5.0% | ||
| 2009 | 541.00M | +3.2% | ||
| 2008 | 524.00M | -9.5% | ||
| 2007 | 579.00M | -8.4% | ||
| 2006 | 632.00M | +7.5% | ||
| 2005 | 588.00M | +6.5% | ||
| 2004 | 552.00M | +13.1% | ||
| 2003 | 488.00M | +12.0% | ||
| 2002 | 435.71M | +70.7% | ||
| 2001 | 255.20M | +5.4% | ||
| 2000 | 242.10M | +6.6% | ||
| 1999 | 227.03M | +1.2% | ||
| 1998 | 224.31M | +6.6% | ||
| 1997 | 210.34M | +19.2% | ||
| 1996 | 176.46M | +0.6% | ||
| 1995 | 175.38M | +9.6% | ||
| 1994 | 160.00M | -6.6% | ||
| 1993 | 171.22M | +0.8% | ||
| 1992 | 169.90M | +4.5% | ||
| 1991 | 162.63M | +7.2% | ||
| 1990 | 151.69M | +27.8% | ||
| 1989 | 118.74M | -17.3% | ||
| 1988 | 143.64M | 0.0% | ||
| 1987 | 143.64M | 0.0% | ||
| 1986 | 143.64M | +53.5% | ||
| 1985 | 93.58M | — |
Shares Outstanding values are taken from Valero Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual diluted shares outstanding for Valero Energy (VLO) came in at 309.00M – edged down 4.0% year-over-year.
Over 2020–2025 (5 years), Valero Energy diluted shares outstanding expanded at a -5.4% compound annual rate, with a net decline across the window.
Valero Energy diluted shares outstanding peaked at 632.00M in 2006; the latest annual figure is 309.00M in 2025 (51.1% below peak).
2006 marks the peak diluted shares outstanding at 632.00M, with the historical low of 93.58M recorded in 1985.
Within Energy, Valero Energy (VLO) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 1.67B.
Valero Energy Shares Outstanding by Year
Valero Energy Shares Outstanding 2025: 309.00M
Valero Energy diluted shares outstanding in 2025 was 309.00M, edged down 4.0% below 2024.
Valero Energy Shares Outstanding 2024: 322.00M
Valero Energy diluted shares outstanding in 2024 was 322.00M, declined 8.8% below 2023.
Valero Energy Shares Outstanding 2023: 353.00M
Valero Energy diluted shares outstanding in 2023 was 353.00M, declined 10.9% below 2022.
Valero Energy Shares Outstanding 2022: 396.00M
Valero Energy diluted shares outstanding in 2022 was 396.00M, edged down 2.7% below 2021.
Valero Energy Shares Outstanding 2021: 407.00M
Valero Energy diluted shares outstanding in 2021 was 407.00M.
See more financial history for Valero Energy (VLO).
Sector peers — Shares Outstanding
Companies in the same sector as Valero Energy, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | 4.30B | Energy |
| Kinder Morgan, Inc. (KMI) | 2.23B | Energy |
| Enbridge Inc. (ENB) | 2.19B | Energy |
| Chevron Corporation (CVX) | 1.86B | Energy |
| SLB N.V. (SLB) | 1.49B | Energy |
| ConocoPhillips (COP) | 1.25B | Energy |
| The Williams Companies, Inc. (WMB) | 1.22B | Energy |
| EOG Resources, Inc. (EOG) | 539.23M | Energy |
Frequently asked questions
What is Valero Energy's diluted shares outstanding?
- Latest reported diluted shares outstanding for Valero Energy (VLO) is 303.00M (period ending December 31, 2025).
How has Valero Energy diluted shares outstanding changed year-over-year?
- Valero Energy (VLO) diluted shares outstanding changed -4.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Valero Energy diluted shares outstanding?
- Valero Energy (VLO) diluted shares outstanding compound annual growth rate is -5.4% over the most recent 5 years available.
When did Valero Energy diluted shares outstanding hit its highest annual value?
- Valero Energy diluted shares outstanding reached its highest annual value of 632.00M in 2006.
What was Valero Energy diluted shares outstanding in 2024?
- Valero Energy (VLO) diluted shares outstanding in 2024 was 322.00M.
What was Valero Energy diluted shares outstanding in 2025?
- Valero Energy (VLO) diluted shares outstanding in 2025 was 309.00M.
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