Energy · Oil & Gas Refining & Marketing
Price
$266.22
Market Cap
$79.0B
Employees
9,898
Beta
0.55
Avg Volume
3,158,373
CEO
R. Lane Riggs
Valero Energy Corporation functions as a global producer and marketer of transportation fuels and petrochemicals, with operations spanning the United States, Canada, the United Kingdom, Ireland, and other international territories. The company organizes its business across three primary divisions: Refining, Renewable Diesel, and Ethanol. Its Refining segment generates a wide array of products, including various types of gasoline (conventional, premium, reformulated, and California Air Resources Board-compliant), diverse diesel fuels (low-sulfur, ultra-low-sulfur, and CARB diesel), jet fuels, blendstocks, asphalts, petrochemicals, and lubricants. This division also handles the sale of lube oils and natural gas liquids. As of the end of 2021, Valero managed 15 petroleum refineries, boasting a combined daily processing capacity of approximately 3.2 million barrels of crude oil. The Ethanol division comprises 12 plants, capable of producing around 1.6 billion gallons of ethanol annually. These facilities also yield co-products such as dry distiller grains, syrup, and inedible corn oil, which are largely supplied to animal feed markets. Valero distributes its refined goods through wholesale rack and bulk channels, in addition to approximately 7,000 branded retail stations operating under names like Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco. Furthermore, Valero contributes to renewable energy production by owning and operating a facility dedicated to converting animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. Supporting its extensive operations, the company maintains a comprehensive logistics network that includes crude oil and refined product pipelines, storage terminals, tanks, marine docks, and truck rack bays. Originally established in 1980 as Valero Refining and Marketing Company, the firm adopted its current name, Valero Energy Corporation, in August 1997. Its corporate headquarters are situated in San Antonio, Texas.
Runs with full report
Price Overview
Last updated: Jul 8, 2026 7:17pm (just now)
Current data · timestamped when a report runs
$282.88
Change · Jul 8
+16.66 (+6.26%)
Day Range
$271.04 – $283.28
52-Week Range
$130.78 – $283.28
50-Day MA
$250.74
200-Day MA
$206.42
Volume
3,111,125.00
Analyst Price Targets
Low
$178.00
Consensus
$257.38
High
$312.00
(85 analysts)
Share Structure
Outstanding
296,933,000.00
Float
295,388,732.00
Free Float
99.5%
High free float
— 99.5% of shares trade freely, ~0.5% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
20.04
Stock Price: $266.22
EPS (Diluted): 7.57
EPS (Diluted): 7.57
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
2.12
Stock Price: $266.22
Total Equity: $23.73B
Shares: 309,000,000
Total Equity: $23.73B
Shares: 309,000,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
9.85
Market Cap: $79.05B
Total Debt: $10.62B
Cash: $4.69B
EBITDA: $6.72B
Total Debt: $10.62B
Cash: $4.69B
EBITDA: $6.72B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$57.3B
Market Cap: $79.05B
Total Debt: $10.62B
Cash: $4.69B
Total Debt: $10.62B
Cash: $4.69B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
4.4%
Gross Profit: $5.37B
Revenue: $122.69B
Revenue: $122.69B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
3.5%
Operating Income: $4.31B
Revenue: $122.69B
Revenue: $122.69B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
1.9%
Net Income: $2.35B
Revenue: $122.69B
Revenue: $122.69B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
17.6%
Net Income: $2.35B
Total Equity: $23.73B
Total Equity: $23.73B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
9.5%
Operating Income: $4.31B
Tax Rate: 25.3%
Equity: $23.73B
Total Debt: $10.62B
Cash: $4.69B
Tax Rate: 25.3%
Equity: $23.73B
Total Debt: $10.62B
Cash: $4.69B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.65
Current Assets: $23.21B
Current Liabilities: $14.11B
Current Liabilities: $14.11B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.45
Short-Term Debt: $949.00M
Long-Term Debt: $9.67B
Total Debt: $10.62B
Total Equity: $23.73B
Long-Term Debt: $9.67B
Total Debt: $10.62B
Total Equity: $23.73B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$397.05
Revenue: $122.69B
Shares: 309,000,000
Shares: 309,000,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$76.78
Total Equity: $23.73B
Shares: 309,000,000
Shares: 309,000,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$16.28
Operating CF: $5.83B
CapEx: -$796.00M
Shares: 309,000,000
CapEx: -$796.00M
Shares: 309,000,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
2.8%
Last Dividend: N/A
Stock Price: $266.22
Stock Price: $266.22
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $2.35B
Net Income: $2.35B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares VLO against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 8, 2026 7:17pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $114.0B | $176.4B | $144.8B | $129.9B | $122.7B |
| Cost of Revenue | $110.9B | $159.6B | $131.9B | $125.1B | $117.3B |
| Gross Profit | $3.1B | $16.8B | $12.9B | $4.8B | $5.4B |
| Operating Expenses | $952.0M | $1.1B | $1.0B | $1.0B | $1.1B |
| Operating Income | $2.1B | $15.7B | $11.9B | $3.8B | $4.3B |
| Net Income | $930.0M | $11.5B | $8.8B | $2.8B | $2.3B |
| EBITDA | $4.6B | $18.3B | $14.7B | $7.0B | $6.7B |
| EPS | $2.27 | $29.08 | $24.95 | $8.58 | $7.57 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 8, 2026 7:17pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $4.1B | $4.9B | $5.4B | $4.7B | $4.7B |
| Total Current Assets | $21.2B | $24.1B | $26.2B | $23.7B | $23.2B |
| Total Assets | $57.9B | $61.0B | $63.1B | $60.1B | $58.0B |
| Current Liabilities | $16.9B | $17.5B | $16.8B | $15.5B | $14.1B |
| Long-Term Debt | $12.6B | $10.5B | $10.1B | $9.7B | $9.7B |
| Total Liabilities | $38.1B | $35.5B | $34.5B | $32.6B | $31.4B |
| Total Equity | $18.4B | $23.6B | $26.3B | $24.5B | $23.7B |
| Retained Earnings | $28.3B | $38.2B | $45.6B | $47.0B | $48.0B |
Cash Flow (Annual)
Last updated: Jul 8, 2026 7:17pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $5.9B | $12.6B | $9.2B | $6.7B | $5.8B |
| Capital Expenditure | -$1.7B | -$1.7B | -$911.0M | -$907.0M | -$796.0M |
| Free Cash Flow | $4.2B | $10.9B | $8.3B | $5.8B | $5.0B |
| Acquisitions (net) | $261.0M | $31.0M | $0 | $0 | -$3.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$27.0M | -$4.6B | -$5.1B | -$2.9B | -$2.6B |
| Net Change in Cash | $809.0M | $740.0M | $562.0M | -$595.0M | $36.0M |
Analyst Estimates (Annual)
Last updated: Jul 8, 2026 7:17pm (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$125.8B $109.5B – $158.5B
|
$113.7B $113.3B – $114.1B
|
$150.6B $120.4B – $183.0B
|
$158.5B $126.7B – $192.6B
|
| EBITDA |
$8.9B $7.8B – $11.2B
|
$8.1B $8.0B – $8.1B
|
$10.7B $8.5B – $13.0B
|
$11.2B $9.0B – $13.6B
|
| Net Income |
$6.7B $4.1B – $8.1B
|
$6.3B $4.1B – $6.4B
|
$5.7B $4.2B – $7.2B
|
$3.5B $2.6B – $4.5B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 8, 2026 7:17pm (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +54.8% | -17.9% | -10.3% | -5.5% |
| Gross Profit Growth | +443.5% | -23.1% | -63.1% | +12.8% |
| Operating Income Growth | +636.6% | -24.4% | -68.3% | +14.8% |
| Net Income Growth | +1,139.6% | -23.4% | -68.6% | -15.2% |
| EBITDA Growth | +303.0% | -20.1% | -52.1% | -4.4% |
Dividend History (Last 20)
Last updated: Jul 8, 2026 7:17pm (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-21 | $1.20 | 2026-05-07 | 2026-05-21 | 2026-06-23 |
| 2026-02-05 | $1.20 | 2026-01-22 | 2026-02-05 | 2026-03-09 |
| 2025-11-20 | $1.13 | 2025-10-29 | 2025-11-20 | 2025-12-18 |
| 2025-07-31 | $1.13 | 2025-07-17 | 2025-07-31 | 2025-09-02 |
| 2025-05-20 | $1.13 | 2025-05-06 | 2025-05-20 | 2025-06-18 |
| 2025-01-30 | $1.13 | 2025-01-16 | 2025-01-30 | 2025-03-03 |
| 2024-11-20 | $1.07 | 2024-10-29 | 2024-11-20 | 2024-12-20 |
| 2024-08-01 | $1.07 | 2024-07-18 | 2024-08-01 | 2024-09-03 |
| 2024-05-30 | $1.07 | 2024-05-15 | 2024-05-30 | 2024-06-28 |
| 2024-01-31 | $1.07 | 2024-01-18 | 2024-02-01 | 2024-03-04 |
| 2023-11-16 | $1.02 | 2023-11-07 | 2023-11-17 | 2023-12-20 |
| 2023-08-02 | $1.02 | 2023-07-20 | 2023-08-03 | 2023-09-05 |
| 2023-05-22 | $1.02 | 2023-05-09 | 2023-05-23 | 2023-06-22 |
| 2023-02-13 | $1.02 | 2023-01-31 | 2023-02-14 | 2023-03-16 |
| 2022-11-16 | $0.98 | 2022-10-26 | 2022-11-17 | 2022-12-08 |
| 2022-08-03 | $0.98 | 2022-07-21 | 2022-08-04 | 2022-09-01 |
| 2022-05-11 | $0.98 | 2022-04-28 | 2022-05-12 | 2022-06-07 |
| 2022-02-02 | $0.98 | 2022-01-20 | 2022-02-03 | 2022-03-03 |
| 2021-11-17 | $0.98 | 2021-10-27 | 2021-11-18 | 2021-12-09 |
| 2021-08-04 | $0.98 | 2021-07-15 | 2021-08-05 | 2021-09-02 |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-29 | Fisher Eric A | S-Sale | 7,500.00 | $268.17 | $2.0M |
| 2026-06-18 | Fisher Eric A | S-Sale | 7,500.00 | $236.90 | $1.8M |
| 2026-05-18 | Fisher Eric A | S-Sale | 7,500.00 | $251.61 | $1.9M |
| 2026-05-07 | WILKINS RAYFORD JR | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | WEISENBURGER RANDALL J | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | Mullins Eric D. | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | Majoras Deborah P | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | Diaz Fred M | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | Greene Kimberly S, | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | Ffolkes Marie A | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | EBERHART PAULETT | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-07 | Reymond Robert L | A-Award | 939.00 | $0.00 | $0 |
| 2026-05-06 | WILKINS RAYFORD JR | M-Exempt | 1,381.00 | $0.00 | $0 |
| 2026-05-06 | WILKINS RAYFORD JR | D-Return | 304.00 | $239.26 | $72,735 |
| 2026-05-06 | WILKINS RAYFORD JR | M-Exempt | 1,381.00 | $0.00 | $0 |
| 2026-05-06 | Ffolkes Marie A | M-Exempt | 1,381.00 | $0.00 | $0 |
| 2026-05-06 | Ffolkes Marie A | D-Return | 511.00 | $239.26 | $122,262 |
| 2026-05-06 | Ffolkes Marie A | M-Exempt | 1,381.00 | $0.00 | $0 |
| 2026-05-06 | Greene Kimberly S, | M-Exempt | 1,381.00 | $0.00 | $0 |
| 2026-05-06 | Greene Kimberly S, | D-Return | 511.00 | $239.26 | $122,262 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for VLO — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.392 · 5bda1781 · 2026-07-08 16:12:24