Skip to main content
GoodMoatv1.3
Sign in
VLO logo

VLO

CompareEarnings: May 31, 2026

Valero Energy Corp

Exchange: NYSESector: EnergyIndustry: Oil & Gas Refining & Marketing

Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of approximately 1.2 billion gallons per year in the U.S. Gulf Coast region. See the annual report on Form 10-K for more information on SAF. Valero also owns 12 ethanol plants located in the U.S. Mid-Continent region with a combined production capacity of approximately 1.7 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments.

Did you know?

VLO's revenue grew at a 2.1% CAGR over the last 6 years.

Current Price

$233.83

-0.23%

GoodMoat Value

$115.80

50.5% overvalued
Profile
Valuation (TTM)
Market Cap$71.32B
P/E30.37
EV$78.34B
P/B3.01
Shares Out305.01M
P/Sales0.58
Revenue$122.69B
EV/EBITDA11.33

Valero Energy Corp (VLO) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Valero is a leading oil refiner and fuel distributor, but it operates in a highly cyclical and capital-intensive industry. The analysis suggests it lacks a durable competitive moat and faces significant risks, while its current valuation appears elevated relative to its fundamentals.

Read full analysis
Valero Energy Corp is one of the world's largest independent petroleum refiners and marketers. It buys crude oil, processes it into gasoline, diesel, jet fuel, and other products at its refineries, and sells them through a vast network of wholesale and retail channels. Its customers are diverse, ranging from commercial airlines and shipping companies to gas stations and individual drivers. According to the GoodMoat framework, its potential moat is weak. It may score on criteria like scale privilege in infrastructure and some regulatory barriers, but it likely misses on most others, such as network effects, switching costs, proprietary data, and low disruption risk. The industry is highly competitive and sensitive to commodity price swings. Key risks for a value investor are prominent. The data shows a Profit Margin of only 1.9% and Revenue Growth YoY of -2.1%, which could signal margin compression and growth deceleration—both High Confidence Red Flags. The P/E of 30.5x appears high for a cyclical business with single-digit ROE (9.9%), suggesting an Extreme Valuation risk. While the FCF Yield of 5.6% and Debt/Equity of 0.45 show some financial strength, the overall profile is of a business whose profitability is volatile and heavily dependent on external factors like the crude-to-refined-product price spread (crack spread). A value investor might be interested in its asset base and cash generation during strong parts of the cycle, but the framework indicates caution due to moat weakness and multiple red flags. Analysis based on data as of 2024-05-15.

VLO Company Information

Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.

S. ), Canada, the United Kingdom (U. K. ), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U. S. , Canada and the U. K.

with a combined throughput capacity of approximately 3. 2 million barrels per day.

Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of approximately 1.

2 billion gallons per year in the U. S. Gulf Coast region. See the annual report on Form 10-K for more information on SAF. Valero also owns 12 ethanol plants located in the U. S.

Mid-Continent region with a combined production capacity of approximately 1. 7 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments.

Sector

Energy

Industry

Oil & Gas Refining & Marketing

Exchange

NYSE

Country

Texas, USA

VLO Key Officers

Key officers data coming soon

VLO Company Profile

Valero Energy Corp (VLO) is a Energy company in the Oil & Gas Refining & Marketing industry. It trades on NYSE. The company is based in Texas, USA.

Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of approximately 1.2 billion gallons per year in the U.S. Gulf Coast region. See the annual report on Form 10-K for more information on SAF. Valero also owns 12 ethanol plants located in the U.S. Mid-Continent region with a combined production capacity of approximately 1.7 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments.

Market cap is $71.32B. There are 305.0M shares outstanding. Dividend yield is 1.97%.

See the full Valero Energy Corp profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if VLO is a good investment.