US · USD
VLO
Valero Energy Corporation
- Day's range
- US$384.58 – US$406.98
- Day's volume
- US$689.6m
- 52-week range
- US$153.14 – US$413.28
Follow VLO on Fuolio
See how VLO weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountVLO in numbers
- Market cap
- US$116.8bn
- P/E
- 16.24
- P/B
- 4.68
- Dividend yield (12m)
- 1.16%
The 12-month dividend yield of VLO is 1.16%, below its 5-year average of 3.54%.
VLO price history
VLO risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +144.65% | +247.34% | +513.22% |
| Volatility (annualised) | 29.99% | 30.12% | 33.35% |
| Largest drawdown | -7.90% | -29.97% | -29.97% |
| Positive months | 10/12 | 23/36 | 39/60 |
How much did investing in VLO return?
US$1,000.00 invested on 01/10/2021 would be worth US$6,140.05 today.
- Value today in VLO
- US$6,140.05
- Return over the period
- +514.01%
- Return per year
- +43.77%
- In the S&P 500
- US$1,666.84
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
VLO fundamentals
Valuation
- P/E16.24
- P/B4.68
- EV/EBITDA11.61
- EV/EBIT11.66
- EV/Revenue0.84
- P/EBIT11.66
- P/S0.84
- P/OCF10.70
- P/FCF—
- Earnings yield8.57%
- PEG ratio—
- Earnings per shareUS$25.05
- Book value per shareUS$86.83
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio1.64
- Quick ratio1.23
- Cash ratio0.42
Efficiency
- Gross margin8.03%
- EBITDA margin7.22%
- Operating margin7.18%
- Net margin5.17%
- Asset turnover2.16
Profitability
- ROE28.85%
- ROA11.15%
- ROIC30.95%
- Payout18.88%
Growth
- Revenue CAGR (5 years)11.48%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is VLO's fair price?
Two classic value formulas, with today's numbers. The current price is US$406.73.
- Graham's fair price
- US$221.22
- 45.61% below the price
√(22.50 × US$25.05 × US$86.83)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- US$69.07
- 83.02% below the price
US$4.14 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
VLO indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 20.73 | 13.94 | 4.89 | 4.08 | 33.06 | -16.26 | 15.83 | 10.03 |
| P/B | 2.05 | 1.58 | 1.64 | 2.00 | 1.67 | 1.23 | 1.76 | 1.44 |
| EV/EBITDA | 16.11 | 11.06 | 3.95 | 3.27 | 17.72 | — | 11.48 | 7.96 |
| Dividend yield | 2.78% | 3.49% | 3.14% | 3.09% | 5.22% | 6.93% | 3.84% | 4.27% |
| Earnings per share | US$7.85 | US$8.79 | US$26.57 | US$31.06 | US$2.27 | -US$3.48 | US$5.92 | US$7.48 |
| Book value per share | US$79.34 | US$77.82 | US$79.24 | US$63.48 | US$45.03 | US$46.02 | US$53.26 | US$51.88 |
| ROE | 9.90% | 11.30% | 33.53% | 48.93% | 5.05% | -7.56% | 11.11% | 14.41% |
| ROIC | 8.71% | 10.92% | 30.59% | 43.58% | 6.77% | -3.05% | 10.90% | 13.32% |
| Gross margin | 4.43% | 3.70% | 8.93% | 9.52% | 2.75% | -1.14% | 4.41% | 4.78% |
| EBITDA margin | 2.64% | 2.93% | 8.22% | 8.92% | 1.91% | -2.36% | 3.59% | 3.95% |
| Net margin | 1.91% | 2.13% | 6.10% | 6.54% | 0.82% | -2.19% | 2.24% | 2.67% |
| Net debt/EBITDA | 1.10 | 0.90 | 0.32 | 0.28 | 3.60 | — | 1.62 | 1.19 |
VLO financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | US$122.7bn | US$129.9bn | US$144.8bn | US$176.4bn | US$114bn | US$64.9bn |
| Cost of sales | -US$117.3bn | -US$125.1bn | -US$131.8bn | -US$159.6bn | -US$110.8bn | -US$65.7bn |
| Gross profit | US$5.4bn | US$4.8bn | US$12.9bn | US$16.8bn | US$3.1bn | -US$740m |
| EBITDA | US$3.2bn | US$3.8bn | US$11.9bn | US$15.7bn | US$2.2bn | -US$1.5bn |
| EBIT | US$3.2bn | US$3.8bn | US$11.9bn | US$15.7bn | US$2.1bn | -US$1.6bn |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$3bn | US$3.7bn | US$11.8bn | US$15.3bn | US$1.5bn | -US$2bn |
| Income tax | -US$759m | -US$692m | -US$2.6bn | -US$3.4bn | -US$255m | US$903m |
| Net income | US$2.3bn | US$2.8bn | US$8.8bn | US$11.5bn | US$930m | -US$1.4bn |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does VLO pay dividends?
Dividend yield per year
- 3.05%2017
- 4.27%2018
- 3.84%2019
- 6.93%2020
- 5.22%2021
- 3.09%2022
- 3.14%2023
- 3.49%2024
- 2.78%2025
- 0.89%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 30/07/2026 | 31/08/2026 | US$1.20 |
| Dividend | 20/05/2026 | 23/06/2026 | US$1.20 |
| Dividend | 04/02/2026 | 09/03/2026 | US$1.20 |
| Dividend | 19/11/2025 | 18/12/2025 | US$1.13 |
| Dividend | 30/07/2025 | 02/09/2025 | US$1.13 |
| Dividend | 19/05/2025 | 18/06/2025 | US$1.13 |
| Dividend | 29/01/2025 | 03/03/2025 | US$1.13 |
| Dividend | 19/11/2024 | 20/12/2024 | US$1.07 |
| Dividend | 31/07/2024 | 03/09/2024 | US$1.07 |
| Dividend | 29/05/2024 | 28/06/2024 | US$1.07 |
| Dividend | 30/01/2024 | 04/03/2024 | US$1.07 |
| Dividend | 15/11/2023 | 20/12/2023 | US$1.02 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 01/08/2023 | 05/09/2023 | US$1.02 |
| Dividend | 19/05/2023 | 22/06/2023 | US$1.02 |
| Dividend | 10/02/2023 | 16/03/2023 | US$1.02 |
| Dividend | 15/11/2022 | 08/12/2022 | US$0.98 |
| Dividend | 02/08/2022 | 01/09/2022 | US$0.98 |
| Dividend | 10/05/2022 | 07/06/2022 | US$0.98 |
| Dividend | 01/02/2022 | 03/03/2022 | US$0.98 |
| Dividend | 16/11/2021 | 09/12/2021 | US$0.98 |
| Dividend | 03/08/2021 | 02/09/2021 | US$0.98 |
| Dividend | 13/05/2021 | 08/06/2021 | US$0.98 |
| Dividend | 09/02/2021 | 04/03/2021 | US$0.98 |
| Dividend | 16/11/2020 | 09/12/2020 | US$0.98 |
| Dividend | 31/07/2020 | 02/09/2020 | US$0.98 |
| Dividend | 12/05/2020 | 03/06/2020 | US$0.98 |
| Dividend | 10/02/2020 | 04/03/2020 | US$0.98 |
| Dividend | 18/11/2019 | 11/12/2019 | US$0.90 |
| Dividend | 02/08/2019 | 04/09/2019 | US$0.90 |
| Dividend | 13/05/2019 | 04/06/2019 | US$0.90 |
| Dividend | 11/02/2019 | 05/03/2019 | US$0.90 |
| Dividend | 16/11/2018 | 12/12/2018 | US$0.80 |
| Dividend | 03/08/2018 | 05/09/2018 | US$0.80 |
| Dividend | 15/05/2018 | 05/06/2018 | US$0.80 |
| Dividend | 09/02/2018 | 06/03/2018 | US$0.80 |
| Dividend | 17/11/2017 | 12/12/2017 | US$0.70 |
| Dividend | 04/08/2017 | 07/09/2017 | US$0.70 |
| Dividend | 12/05/2017 | 07/06/2017 | US$0.70 |
| Dividend | 10/02/2017 | 07/03/2017 | US$0.70 |
| Dividend | 17/11/2016 | 15/12/2016 | US$0.60 |
About Valero Energy
- Sector
- Manufacturing
Questions about VLO
How much is VLO today?
VLO is at US$406.73 (4.93% on the day), last traded on 01/10/2026.
How much did VLO pay in dividends in 2025?
VLO paid US$4.52 per share in 2025, a dividend yield of 2.78%.
What are the P/E and P/B of VLO?
VLO trades at a P/E of 16.24 and a P/B of 4.68.
How much did VLO return in 12 months?
VLO returned 144.65% in 12 months, with annualised volatility of 29.99% and a largest drawdown of -7.90%.