Stock · VLO · Energy

Valero Energy Corporation

United States · Large Cap · listed since 1982 · Revenue 12 mo. $146.9B

Price as of 11/06/2026

StockScorer score
2.7
of 10 3 of 11 points Low Match To the score
Price
$346.45
1 Y +87.2%
Market cap
$101.2B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue −11.4% a year (3 years)EBIT margin 3.5%Payout 68.3% of operating cash flow

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally.

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Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company produces California Reformulated Gasoline Blendstock for Oxygenate Blending (CARBOB) and Conventional Blendstock for Oxygenate Blending (CBOB) gasolines, CARB diesel, diesel, jet fuel, heating oil, and asphalt; feedstocks; aromatics; sulfur and residual fuel oil; intermediate oils; and sulfur, sweet, and sour crude oils. It sells its refined products through wholesale rack and bulk markets; and through outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also owns and operates renewable diesel and ethanol plants, as well as produces and sells renewable diesel, renewable naphtha, and neat sustainable aviation fuel under the Diamond Green Diesel brand name. In addition, it offers ethanol and various co-products, including dry distillers grains, syrup, and inedible distillers corn oil to animal feed customers. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.

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Summary

Valero Energy Corporation is around the middle of the Energy sector overall

47.3 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 8.3% FCF growth a year, more than achieved over the last 10 years.

If free cash flow stays at €4.5B (2025), it supports €50.2B. The remaining €40.7B of the market value assume it grows 8.3% a year for 10 years and not at all afterwards.

Required FCF growth per year

8.3%

no growth afterwards

Market value breakdown€90.8B market value, price as of 11/06/2026

€50.2B without growth
€40.7B priced-in growth
  • 10 yrs achieved 6.4%
  • priced in 8.3%

Valuation against its own history

Price to operating cash flow 9.3×, above its usual range.

Middle half of 12 quarters: 5.8× to 8.8×, median 7.1×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 3 speak against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 1.5% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 8.3%, achieved at most 6.4%
  • Revenue declined revenue −5.5% year on year
  • Volatile earnings 3 drops or sign changes in up to 10 years

Since the last quarter

Q2 → Q3 2026

Mostly better than the previous quarter: 5 of 6 changes for the better.

  • Revenue, 12 mo.$132.9B → $146.9B+10.5%better
  • Gross margin11.3% → 15.5%+4.1 ppbetter
  • EBIT margin7.5% → 12.0%+4.4 ppbetter
  • Net debt$3.5B → $25.6B+636.3%worse
  • Shares outstanding294M → 285M−3.1%better
  • Return on equity28.9% → 41.7%+12.8 ppbetter

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability27.1below the middleEarns less than the sector: Gross margin 4.38%, sector 23.60%.
MetricStockSector medianPosition in sector
Return on equity9.90%11.63%Rank 44
Return on capital (Greenblatt)11.41%11.00%Rank 52
EBIT margin3.51%14.02%Rank 10
FCF margin4.10%7.36%Rank 27
Gross margin4.38%23.60%Rank 2
Growth18.4below the middleGrows more slowly than the sector: Sustainable growth (ROE × retained earnings) 0.65%, sector 9.68%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−5.54%−1.93%Rank 31
Earnings growth, 3 years per year−36.09%−10.72%Rank 19
Earnings growth, 5 years per yeardoes not count towards the rank–14.99%
Sustainable growth (ROE × retained earnings)0.65%9.68%Rank 5
Valuation39.9below the middleValued higher than the sector: Earnings yield 2.19%, sector 4.80%.
MetricStockSector medianPosition in sector
Earnings yield2.19%4.80%Rank 11
FCF yield4.97%5.05%Rank 49
EV/saleslower is better0.882.31Rank 82
EV/EBITlower is better25.1015.16Rank 17
Momentum80.3above the middleShare price doing better than the sector: Share price, 1 year 87.23%, sector 14.27%.
MetricStockSector medianPosition in sector
Share price, 1 year87.23%14.27%Rank 99
Share price, 6 months44.20%−0.91%Rank 98
Share price, 3 months21.27%2.95%Rank 95
Distance from 52-week high−24.65%−17.83%Rank 28
Quality71.3above the middleQuality above the sector: Dividend streak in years 15, sector 3.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−2.76%0.88%Rank 83
Change in share countlower is better−4.04%−0.04%Rank 78
Dividend streak in years153Rank 93
Price reaction to results, market-adjusted−1.28%0.36%Rank 31
Balance sheet & risk47.0around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio40.91%41.22%Rank 49
Net debt/EBITDAlower is better1.041.33Rank 60
Debt to equitylower is better0.490.69Rank 60
Volatility, 1 yearlower is better38.68%31.61%Rank 19

Ten years in figures

Revenue from $75.7B (2016) to $122.7B (2025), 5.5% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt, $B
201675.74.7%$3.5B464M3.2
201794.03.8%$4.1B444M3.0
2018117.03.9%$2.3B428M6.1
2019108.33.5%−$1.7B413M8.4
202064.9−2.4%−$770.0M407M12.5
2021114.01.9%−$1.2B407M−2.2
2022176.48.9%−$1.0B396M−1.3
2023144.88.2%$8.3B353M7.2
2024129.92.9%$5.8B322M6.9
2025122.73.5%$5.0B309M7.0
2.7 / 10Low MatchStockScorer score3 of 11 points

2 of 7 StockScorer Score rules met · How the score is built

Valero Energy Corporation mainly meets criteria in the Momentum category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 0%This stock · Valuation: 0%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Valero Energy Corporation's score is built

Valero Energy Corporation is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

2 of 7 rules met

3 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Valero Energy Corporation stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Defensive: Low Volatility
  • Moat Quality
  • Mohanram G-Score: Growth Quality
  • Undervalued Stocks: Multi-Factor Check
  • Levermann Strategy (13 Criteria)
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Balanced GARP
  • High-Growth / Rule of 40
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

Valero Energy Corporation key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Valero Energy Corporation.

MetricStockSector
P/E ratio45.620.0
P/B ratio4.52.3
Return on equity (ROE)9.9%11.6%
Equity ratio40.9%41.2%
Debt-to-equity (D/E)0.490.69
Dividend yield1.4%3.5%

Similar stocks in Energy

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
VLOValero Energy Corporationthis page
PSXPhillips 66Low1.8
MPCMarathon Petroleum CorpLow3.6
RELIANCE.NSReliance Industries Limitedlocked
NESTE.HENeste Oil Oyjlocked
6505.TWFormosa Petrochemical Corplocked

Frequently asked questions about Valero Energy Corporation stock

How does Valero Energy Corporation stock (VLO) score in the StockScorer model?
Valero Energy Corporation stock reaches a StockScorer score of 2.7 out of 10, which is a low match with the rule-based strategies. 2 out of 7 flagship profile rules are met.
What is Valero Energy Corporation's P/E ratio?
Valero Energy Corporation's P/E ratio is 45.6. The Energy sector median is 20.0.
What sector is Valero Energy Corporation in?
Valero Energy Corporation is assigned to the Energy sector. Its rank within the sector is 47.3 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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