Valero Energy (VLO)

Energy · Oil & Gas Refining & Marketing · S&P 500
$419.22 -0.03% on the day Market cap $133.9B 52-week range $155.29 to $422.99 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Valero Energy's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

B

Five factors scored 1 to 9 from VLO's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation6
Profitability6
Growth9
Financial health4

Key numbers

P/E (trailing)33.0x
P/E (forward)15.5x
Price / free cash flow26.6x
EV / EBITDA9.75x
Price / sales0.96x
Price / book5.15x
Revenue growth+48.8%
Operating margin7.2%
Net margin5.2%
Return on equity28.9%
Dividend yield1.0%
Debt / equity1.46x

Results from SEC filings

Fiscal years, from Valero Energy's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$114.0B$176.4B$144.8B$129.9B$122.7B
Net income$930M$11.5B$8.8B$2.8B$2.3B
Free cash flow$3.4B$9.8B$7.3B$4.6B—
EPS (diluted)$2.27$29.04$24.92$8.58$7.57
Operating margin1.9%8.9%8.2%2.9%2.6%

Where the revenue comes from

Revenue by segments, fiscal 2025.

Refining$116.2B95%
Ethanol$4.0B3%
Renewable Diesel$2.5B2%

Superinvestors who own VLO

From each investor's latest 13F filing (what a 13F shows). 4 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $526M0.18%Q2 2026
Joel Greenblatt
Gotham Asset Management
Added $68M0.16%Q2 2026
PRIMECAP Management
PRIMECAP Management Co
Held $7M0.00%Q2 2026
Mario Gabelli
GAMCO Investors
Trimmed $707,3550.01%Q2 2026

Insider buying

Open-market purchases by Valero Energy's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of VLO in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Valero Energy insiders buying the stock?

No open-market insider purchases of VLO in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Valero Energy?

4 of the superinvestors Investingly tracks hold VLO in their latest 13F, including Cliff Asness, Joel Greenblatt, PRIMECAP Management.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.