VLO, risk-factor evolution
Item 1A (Risk Factors) year-over-year changes. Pre-computed at ingest time: paragraph adds/removes plus term-frequency cosine similarity between consecutive years.
📞 Earnings calls for VLO on Subtext ↗Section length over time
- Carried over
- Newly added
Item 1A word count by fiscal year, split into text carried over from the prior year vs. newly added (from year-over-year diffs).
Year-over-year transitions
| Years | Similarity | Added | Removed | Section length | |
|---|---|---|---|---|---|
| 2015 → 2017 | 0.99 | +4366 | -4121 | 4366 words | Diff → |
| 2017 → 2018 | 1.00 | +4608 | -4366 | 4608 words | Diff → |
| 2018 → 2019 | 1.00 | +5190 | -4608 | 5190 words | Diff → |
| 2019 → 2020 | 0.99 | +7540 | -5190 | 7540 words | Diff → |
| 2020 → 2021 | 0.99 | +9381 | -7540 | 9381 words | Diff → |
| 2021 → 2022 | 0.99 | +9525 | -9247 | 9659 words | Diff → |
| 2022 → 2023 | 0.99 | +9451 | -9469 | 9641 words | Diff → |
| 2023 → 2024 | 1.00 | +9553 | -9349 | 9845 words | Diff → |
| 2024 → 2025 | 1.00 | +9248 | -9306 | 9787 words | Diff → |