Is Valero Energy (VLO) overvalued or fairly valued?

MarketChacha shows Valero Energy's valuation in context — a trailing P/E of about 19.2, a forward P/E of about 9.1, a price-to-book of about 5.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Valero Energy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.56×) from reported figures — education, not a rating.

What is Valero Energy's revenue?

Valero Energy reported revenue of $122.7B for FY2025, with net profit of $2.3B, per official filings.

What is the share price of Valero Energy (VLO)?

Valero Energy last traded at $434.18 (+0.2% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Valero Energy

VLO · NYSE · Energy · United States

Snapshot

TickerVLO

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Refining & Marketing

CountryUnited States

Employees9,785

HeadquartersSan Antonio, United States

Websitewww.valero.com

Filings tracked14

About Valero Energy

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.

Who owns it

Insiders0.4%
Institutions87.1%
Public & other12.5%

2,562 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.73%
Vanguard Capital Management LLC6.74%
State Street Corporation6.57%
Vanguard Portfolio Management LLC5.16%
FMR, LLC2.95%
Morgan Stanley2.79%
Geode Capital Management, LLC2.52%
NORGES BANK2.22%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 4.2 points over the period — profitability is trending down.

Cash conversion1.56×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend6.1% → 1.9%

Margin has compressed by about 4.2 points over the period — profitability is trending down.

Growth qualityrev -8% · PAT -48%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $40.7B · EPS 17.10

Est. earnings growth +347.6%

Next fiscal year

Rev $141.6B · EPS 47.60

Est. earnings growth -10.5%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$122.7B

Net margin

1.9%

ROE

9.9%

Revenue CAGR (2y)

-7.9%

Profit CAGR (2y)

-48.4%

EPS (FY2025)

7.57

Net profit (FY2025)

$2.3B

Ask MarketChacha about VLO

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$122.7B	$2.3B	7.57	1.9%	9.9%
FY2024	$129.9B	$2.8B	8.58	2.1%	11.3%
FY2023	$144.8B	$8.8B	24.92	6.1%	33.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$44.5B	$3.7B	12.62	8.4%
2026Q1	$32.4B	$1.3B	4.22	3.9%
2025Q3	$32.2B	$1.1B	3.53	3.4%
2025Q2	$29.9B	$714.0M	2.28	2.4%
2025Q1	$30.3B	$-595.0M	-1.90	-2.0%
2024Q3	$32.9B	$364.0M	1.14	1.1%
2024Q2	$34.5B	$880.0M	2.71	2.6%
2024Q1	$31.8B	$1.2B	3.75	3.9%
2023Q3	$38.4B	$2.6B	7.49	6.8%
2023Q2	$34.5B	$1.9B	5.40	5.6%
2023Q1	$36.4B	$3.1B	8.29	8.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/30/2026
8-K — Results of operations, Exhibits
SEC7/30/2026material
8-K — Reg FD disclosure
SEC7/16/2026material
8-K — Executive/director change, Shareholder vote results, Other events, Exhibits
SEC5/8/2026material
8-K — Results of operations, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
8-K — Material agreement, Exhibits
SEC3/9/2026material
10-K filing
SEC2/25/2026
8-K — Results of operations, Exhibits
SEC1/29/2026material

2025

8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC10/29/2025material
8-K — Results of operations, Exhibits
SEC10/23/2025material
10-Q filing
SEC10/23/2025
8-K — Material agreement, Material financial obligation, Exhibits
SEC10/16/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC9/19/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.