Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $51,774 | $57,888 | $60,982 | $63,056 | $60,143 |
Liabilities | $32,973 | $39,458 | $37,421 | $36,710 | $35,631 |
Equity | $18,801 | $18,430 | $23,561 | $26,346 | $24,512 |
Edwyn
Over the past five years, Valero Energy Corp/TX has shown a consistent growth trajectory in terms of total assets, increasing from $51.8 billion in 2020 to $60.1 billion in 2024. This indicates the company's ability to expand its operations and potentially invest in new projects or acquisitions. On the other hand, total liabilities have also seen an upward trend, rising from $32.9 billion in 2020 to $35.6 billion in 2024. This could be attributed to increased borrowing for expansion purposes or other financial obligations. One notable fluctuation in the data is the significant increase in stockholders' equity from 2021 to 2022, jumping from $18.4 billion to $23.6 billion. This spike in equity could suggest a successful capital-raising initiative or improved profitability during that period. However, it is important to note the slight dip in equity in 2023 and 2024, indicating potential challenges or changes in the company's financial performance. In the context of the energy industry, fluctuations in oil prices and regulatory changes could have influenced Valero Energy Corp/TX's financial position during this period.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.