Skip to main content
    V

    Valero Energy Corporation (VLO)

    Official site

    ENERGY • OIL & GAS REFINING & MARKETING • NYSE

    $444.04
    -15.74 (-3.42%)

    Market Cap: $132.38B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    100%(39/39)
    Avg Surprise
    +59.70%
    Streak
    41 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$20.30
    Range$13.56 - $22.35
    18 analysts
    EPS Revisions
    1
    0
    7d
    9
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$10.16+99.8%
    60d ago$14.95+35.8%
    30d ago$16.39+23.8%
    7d ago$18.91+7.4%
    Current$20.30
    Revenue Consensus
    $40.3B
    Range$27.0B - $52.1B
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$16.80
    Range$2.05 - $28.76
    20 analysts
    Revenue Consensus
    $45.7B
    Range$22.0B - $73.3B
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$16.80---
    Sep 26EST
    		-$20.30---
    Jun 26
    Reported Jul 30
    		$12.54$9.87+27.05%Beat+450.0%
    Mar 26
    Reported Apr 30
    		$4.22$3.16+33.54%Beat+374.2%
    Dec 25
    Reported Jan 29
    		$3.82$3.27+16.82%Beat+496.9%
    Sep 25
    Reported Oct 23
    		$3.66$3.05+20.00%Beat+221.1%
    Jun 25
    Reported Jul 24
    		$2.28$1.77+28.81%Beat-15.9%
    Mar 25
    Reported Apr 24
    		$0.89$0.41+117.07%Beat-76.7%
    Dec 24
    Reported Jan 30
    		$0.64$0.06+966.67%Beat-82.0%
    Sep 24
    Reported Oct 24
    		$1.14$0.98+16.33%Beat-84.8%
    Jun 24
    Reported Jul 25
    		$2.71$2.60+4.23%Beat-49.8%
    Mar 24
    Reported Apr 25
    		$3.82$3.22+18.63%Beat-53.8%
    Dec 23
    Reported Jan 25
    		$3.55$3.00+18.33%Beat-58.0%
    Sep 23
    Reported Oct 26
    		$7.49$7.32+2.32%Beat+4.9%
    Jun 23
    Reported Jul 27
    		$5.40$5.08+6.30%Beat-52.5%
    Mar 23
    Reported Apr 27
    		$8.27$7.21+14.70%Beat+258.0%
    Dec 22
    Reported Jan 26
    		$8.45$7.24+16.71%Beat+242.1%
    Sep 22
    Reported Oct 25
    		$7.14$6.94+2.88%Beat+485.2%
    Jun 22
    Reported Jul 28
    		$11.36$9.38+21.11%Beat+2266.7%
    Mar 22
    Reported Apr 26
    		$2.31$1.65+40.00%Beat+233.5%
    Dec 21
    Reported Jan 27
    		$2.47$1.84+34.24%Beat+333.0%
    Sep 21
    Reported Oct 21
    		$1.22$0.92+32.61%Beat+205.2%
    Jun 21
    Reported Jul 29
    		$0.48$0.13+269.23%Beat+138.4%
    Mar 21
    Reported Apr 22
    		$-1.73$-1.85+6.49%Beat-608.8%
    Dec 20
    Reported Jan 28
    		$-1.06$-1.39+23.74%Beat-149.8%
    Sep 20
    Reported Oct 22
    		$-1.16$-1.33+12.78%Beat-178.4%
    Jun 20
    Reported Jul 30
    		$-1.25$-1.40+10.71%Beat-182.8%
    Mar 20
    Reported Apr 29
    		$0.34$-0.15+326.67%Beat+0.0%
    Dec 19
    Reported Jan 30
    		$2.13$1.63+30.67%Beat+0.5%
    Sep 19
    Reported Oct 24
    		$1.48$1.35+9.63%Beat-26.4%
    Jun 19
    Reported Jul 25
    		$1.51$1.51+0.00%Beat-29.8%
    Mar 19
    Reported Apr 25
    		$0.34$0.23+47.83%Beat-66.0%
    Dec 18
    Reported Jan 31
    		$2.12$1.11+90.99%Beat+82.8%
    Sep 18
    Reported Oct 25
    		$2.01$1.95+3.08%Beat+5.2%
    Jun 18
    Reported Jul 26
    		$2.15$1.98+8.59%Beat+74.8%
    Mar 18
    Reported Apr 26
    		$1.00$0.93+7.53%Beat+47.1%
    Dec 17
    Reported Feb 1
    		$1.16$1.08+7.41%Beat+43.2%
    Sep 17
    Reported Oct 26
    		$1.91$1.83+4.37%Beat-
    Jun 17
    Reported Jul 27
    		$1.23$1.10+11.82%Beat-
    Mar 17
    Reported Apr 25
    		$0.68$0.60+13.33%Beat-
    Dec 16
    Reported Jan 31
    		$0.81$0.77+5.19%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.08%
    Forward Annual Dividend$4.80
    Payout Ratio18.23%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Aug, Dec

    Growth

    3Y CAGR+4.86%
    5Y CAGR+2.89%
    VLO dividend history and ex-dividend datesRun VLO in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio18.32EV/EBITDA9.81x
    Price/FCF14.05xFCF Yield7.12%
    Profitability
    Profit Margin5.45%Operating Margin12.30%
    ROE27.60%ROIC22.19%
    Financial Health
    Debt/Equity0.45xInterest Coverage18.53x
    Current Ratio1.64xQuick Ratio1.23x
    Trading Statistics
    Beta0.59Avg Volume3.51M
    52-Week High$461.5252-Week Low$152.93

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$434.28
    SMA 20$412.29
    SMA 50$378.80
    SMA 200$271.46
    EMA 10$434.93
    EMA 20$418.44
    EMA 50$382.56
    EMA 200$289.18

    MACD

    Line: 20.89Signal: 18.04Hist: 2.85

    ADX

    ADX: 32.9+DI: 28.2-DI: 14.7

    Aroon & PSAR

    Aroon Up96.0
    Aroon Down36.0
    PSAR$421.58

    Bollinger Bands

    Upper Band$465.93
    Lower Band$358.64
    %B Position2602%(Upper)
    Band Width0.80

    RSI (14-Day)

    Neutral
    66.2

    Momentum Oscillators

    Stoch %K92.0
    Stoch %D91.2
    Williams %R-21.3
    ROC (10d)8.7%
    Momentum35.58
    CCI (20d)101.9
    MFI (14d)75.5

    Volatility Measures

    ATR (14d)$16.49(3.7%)
    StdDev (20d)26.82
    Hist Vol43.8%(High)

    Volume Flow

    VWAP$445.78
    OBV101.2M
    AD Line-630.6M
    CMF (20d)0.033

    Volume Metrics

    Avg Vol (20d)3.5M
    Vol Ratio0.7x
    VWMA (20d)$405.37

    Pivot Points

    R3$473.72
    R2$467.62
    R1$463.70
    Pivot Point$457.60
    S1$453.68
    S2$447.58
    S3$443.66

    Advanced Oscillators

    TSI40.42
    Ultimate Osc59.3
    KST149.28

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$44.48B$32.38B$30.37B$32.17B$29.89B$30.26B$30.76B$32.88B$34.49B$31.76B$35.41B$38.40B
    Cost of Revenue$39.01B$30.33B$28.47B$30.40B$28.64B$29.75B$30.13B$32.12B$33.05B$29.78B$33.54B$34.63B
    Gross Profit$5.47B$2.05B$1.90B$1.77B$1.25B$507.00M$629.00M$754.00M$1.44B$1.98B$1.87B$3.77B
    Operating Expenses$273.00M$321.00M$329.00M$263.00M$252.00M$1.41B$281.00M$247.00M$218.00M$304.00M$321.00M$267.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$259.00M$309.00M$317.00M$251.00M$224.00M$265.00M$270.00M$237.00M$206.00M$292.00M$310.00M$256.00M
    Operating Income$5.20B$1.73B$1.57B$1.51B$997.00M$-900,000,000$348.00M$507.00M$1.22B$1.68B$1.55B$3.50B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$145.00M$140.00M$139.00M$139.00M$141.00M$137.00M$135.00M$141.00M$140.00M$140.00M$149.00M$149.00M
    Income Before Tax$5.17B$1.72B$1.52B$1.46B$942.00M$-917,000,000$323.00M$489.00M$1.20B$1.68B$1.55B$3.48B
    Income Tax Expense$1.09B$401.00M$355.00M$390.00M$279.00M$-265,000,000$-34,000,000$96.00M$277.00M$353.00M$331.00M$813.00M
    Net Income$4.07B$1.32B$1.17B$1.07B$663.00M$-652,000,000$357.00M$393.00M$926.00M$1.33B$1.22B$2.66B
    EBITDA$6.05B$2.70B$2.48B$2.43B$1.90B$-89,000,000$1.16B$1.31B$2.04B$2.52B$2.39B$4.31B
    EBIT$5.31B$1.86B$1.66B$1.59B$1.08B$-780,000,000$458.00M$630.00M$1.34B$1.82B$1.70B$3.63B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    How a US Diesel Export Ban Could Impact Global Fuel Markets

    Administration considering diesel export ban after Trump cited $6.53/gal retail diesel, Treasury says full or partial restriction being studied with midterms six weeks away Logistics constraint - pipeline northbound at capacity, Jones Act tanker fleet limited...

    Tony Nash
    •
    10/5/26
    •
    170
    Energy Sector
    Also mentions:
    XOMVLOMPCPSX

    When Volatility Meets Value with : The HF Sinclair Opportunity

    HF Sinclair trades at $46.85 with 25% margin of safety against $58.46 fair value. Wall Street targets $60-61, implying 35% total return potential including the 4.3% dividend yield. Piotroski F-Score of 7/9 and Altman Z of 3.0 signal quality and solvency. Debt/equity at 0.3x means conservative...

    Glenn Ford
    •
    1/5/26
    •
    205
    Income Investing, Energy Sector, value investing
    Also mentions:
    VLOMPCPSX

    Government Contracts

    Gov Obligations (TTM)
    $618.22M
    Gov Obligations / Revenue
    0.5%
    Obligations YoY
    -49.1%
    Active Awards
    118
    New Awards (TTM)
    117
    Avg Remaining Term
    N/A

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    SPE60226FC68ADepartment of DefenseDefense Logistics Agency$78.93MMar 31, 2026
    SPE60225FB76LDepartment of DefenseDefense Logistics Agency$33.64MAug 12, 2025
    SPE60226FC45XDepartment of DefenseDefense Logistics Agency$27.69MFeb 6, 2026
    SPE60225FB91EDepartment of DefenseDefense Logistics Agency$15.13MSep 16, 2025
    SPE60225FB81ZDepartment of DefenseDefense Logistics Agency$14.57MAug 25, 2025
    SPE60225FB81YDepartment of DefenseDefense Logistics Agency$14.46MAug 25, 2025
    SPE60225FB84TDepartment of DefenseDefense Logistics Agency$13.90MAug 29, 2025
    SPE60226FC02MDepartment of DefenseDefense Logistics Agency$13.27MOct 28, 2025
    SPE60225FB91FDepartment of DefenseDefense Logistics Agency$12.37MSep 16, 2025
    SPE60226FC79QDepartment of DefenseDefense Logistics Agency$11.73MMay 1, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Valero Energy stock: Wells Fargo lifts target for Valero Energy stock from USD 389.00 to USD 485.00

    Wells Fargo has increased its price target for Valero Energy (VLO) from $389.00 to $485.00, maintaining an Overweight rating. This update comes ahead of Valero's anticipated third-quarter 2026 results on October 22...

    ad-hoc-news.de•10/16/26•Bullish

    ExxonMobil says refining margins added $4.5 billion in Q3 earnings

    ExxonMobil announced that higher refining margins are estimated to add $4.5 billion to its third-quarter earnings...

    Quartz•10/16/26•Somewhat-Bullish

    Wells Fargo lifts Phillips 66 stock target to USD 345.00

    Wells Fargo analyst Sam Margolin has increased the stock target for Phillips 66 (PSX) to USD 345.00 from USD 335.00...

    ad-hoc-news.de•10/16/26•Somewhat-Bearish

    Wells Fargo raises target for Valero Energy stock to USD 485

    Wells Fargo has increased its price target for Valero Energy (VLO) stock to USD 485, following a strong second-quarter revenue report of USD 44.48 billion and earnings per share of USD 12.54. This adjustment comes amidst...

    ad-hoc-news.de•10/16/26•Bullish

    Valero Energy stock pre-market at EUR 396.35

    Valero Energy's stock is trading pre-market at EUR 396.35 at Lang & Schwarz on October 16, 2026, with a bid of EUR 395.60 and an ask of EUR 397.10. Citigroup has set a price target of USD 485.00 for the company...

    ad-hoc-news.de•10/16/26•Neutral

    VLO Valuation and Fair Value

    P/E
    18.3x
    Forward P/E
    10.2x
    EV/EBITDA
    9.8x
    P/FCF
    14.1x
    PEG
    1.9x
    P/B
    5.2x
    See GNG's fair value

    VLO Profitability: Margins, ROIC and FCF

    Gross margin
    8.0%
    Operating margin
    12.3%
    Net margin
    5.5%
    ROIC
    22.2%
    ROE
    27.6%
    FCF margin
    6.7%
    FCF yield
    7.1%

    VLO Competitors

    CompanyTicker
    Marathon Petroleum CorpMPC
    BP PLC ADRBP
    PetrĂ³leo Brasileiro S.A. - PetrobrasPBR-A
    Phillips 66PSX
    Petroleo Brasileiro Petrobras SA ADRPBR
    Canadian Natural Resources LtdCNQ
    ConocoPhillipsCOP
    Equinor ASA ADREQNR

    Sector: Energy

    VLO Analyst Ratings

    Consensus
    Hold
    Analysts
    20
    Strong Buy
    3
    Buy
    6
    Hold
    9
    Sell
    1
    Strong Sell
    1

    VLO Bull Case vs Bear Case

    Bull case

    • VLO earns a 22.2% return on invested capital.
    • VLO beat EPS estimates in 100.0% of its last 8 reported quarters.
    • VLO grew quarterly revenue 51.7% year over year.

    VLO Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    153.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $20.30
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    9 up, 0 down

    VLO Dividend

    Forward yield
    1.1%
    Payout ratio
    18.2%
    3Y DPS growth
    4.9%
    5Y DPS growth
    2.9%
    Pay months
    Mar, Jun, Aug, Dec
    VLO dividend history

    Frequently Asked Questions About VLO

    What is VLO's current dividend yield?

    Valero Energy Corporation (VLO) has a forward dividend yield of 1.08%.

    Does VLO pay dividends?

    Yes, Valero Energy Corporation pays dividends with a forward dividend yield of 1.08%.

    What is VLO's P/E ratio?

    Valero Energy Corporation has a price-to-earnings (P/E) ratio of 18.32.

    What is VLO's market cap?

    Valero Energy Corporation (VLO) has a market capitalization of $132.38B with a current stock price of $444.04.

    Related stocks

    Sector: Energy

    All stocks starting with V

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In