# Valero Energy Corporation (VLO) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Energy / Oil, Gas & Fuels. Price $387.65, market value $108.1 billion.

## Valuation
- **P/E (trailing): 8.8×** (5-yr avg 14.5×, 3-yr avg 13.3×). Valero Energy Corporation trades at 8.8× trailing earnings, well below its own five-year average of 14.5×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 7.2×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 3.9×**. The shares trade at 3.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.5×**. Enterprise value is 5.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Earnings yield: 11.3%**. The inverse of the P/E: 11.3% of the price is earned each year.

## Profitability
- **Operating margin: 11.5%**. 11.5% of revenue is left after running the business.
- **Net margin: 1.9%**. 1.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.9%**. 9.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 49.2%**. Return on all capital, debt included, is 49.2%: comfortably above what that capital costs.
- **Return on assets: 22.3%**. Each dollar of assets produces 22.3% of profit.

## Growth
- **Revenue growth (1 yr): -5.5%** (3-yr -11.4%/yr, 5-yr 13.6%/yr). Revenue fell 5.5% over the last year, against 13.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -11.8%** (3-yr -36.1%/yr). Earnings per share fell 11.8%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.39**. Debt is 0.39 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.2×**. It would take 0.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 1.65** (quick 1.65). Current assets cover the next year's liabilities 1.65 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.24%** ($4.73 per share, trailing). Valero Energy Corporation yields 1.24%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 60%**. 60% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 2.9%/yr** (1-yr 5.6%). The dividend has grown 2.9% a year over five years.
- **Shareholder yield: 8.0%**. Dividends plus net buybacks return 8.0% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover Valero Energy Corporation; the consensus is buy, with an average price target of $426.42 (+10% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 129.8%** (YTD 140.7%, 3-mo 25.6%). The shares are up 129.8% over twelve months including dividends.
- **From 52-week high: -16.0%** (142.4% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): -0.31** (volatility 39%). Beta of -0.31 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VLO · Page: https://foliofundamentals.com/stocks/vlo

Not investment advice.