Valero Energy (VLO) valuation
Valero Energy P/E ratio history
Valero Energy trades at 9.0 times its earnings over the last twelve months and 7.3 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 4.4 (year to Dec 2022) to 33.1 (year to Dec 2021), with a median of 13.9.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Dec 31, 2025 | $162.79 | $7.57 | 21.5 |
| Dec 31, 2024 | $122.59 | $8.58 | 14.3 |
| Dec 31, 2023 | $130.00 | $24.92 | 5.2 |
| Dec 31, 2022 | $126.86 | $29.04 | 4.4 |
| Dec 31, 2021 | $75.11 | $2.27 | 33.1 |
| Dec 31, 2020 | $56.57 | -$3.49 | n/m |
| Dec 31, 2019 | $93.65 | $5.87 | 16.0 |
| Dec 31, 2018 | $74.97 | $7.30 | 10.3 |
| Dec 31, 2017 | $91.91 | $9.24 | 10.0 |
| Dec 31, 2016 | $68.32 | $4.92 | 13.9 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Valero Energy valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Valero EnergyVLO | $115B | 9.0 | 7.3 | 0.8 |
| Phillips 66PSX | $113B | 9.0 | 8.9 | 0.7 |
| Marathon PetroleumMPC | $130B | 15.4 | 7.0 | 0.8 |
| Delek UsDK | $4.51B | 20.8 | 5.4 | 0.4 |
| Par PacificPARR | $3.82B | 4.5 | 3.7 | 0.4 |
| Peer median | 12.2 | 6.2 | 0.5 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: VLO financials · VLO returns
No forecast, no recommendation. This page describes Valero Energy from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.