VLO
Valero EnergyPrevious close
381.46
Change
−18.20 / −4.55%
P/E (TTM) ?
15.6
Market Cap
$111B
1M
−6.11%
S&P 500 −2.28% over same period
Volume / Avg Volume
4.3M / 3.1M
1.39× average
Latest earnings analysisFY2026 Q3Reported 2026-10-22
Valero Q3 FY2026: EPS jumps to $23.89 on 20.4% margin
Valero’s third quarter is a sharp margin-led beat: revenue reached $46.10 billion, gross margin hit 20.4%, and EPS of $23.89 topped the $21.28 consensus. Read it as a refining-cycle print, not a broad-based growth story: Refining produced $8.78 billion of $9.07 billion operating income while Ethanol and Renewable Diesel stayed much smaller. The filing gives no quantitative guidance, so the quarter’s numbers carry the story.
Read the full analysis →Revenue$46.10BYoY +43.30%
EPS (non-GAAP)$23.90Beatest. $21.28
Next-day move−2.40%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-09 | 2026-10-22 | $46.1B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-30 | $44.5B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-30 | $32.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-29 | $123B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-23 | $32.2B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-24 | $29.9B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-24 | $30.3B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 51 of its 5-year rangeMid-range
5-year range 4.5 – 64.4 · Median 15.4
Last 4 quarters: $7.3B in buybacks + $1.4B in dividends, 7.77% of market cap combined
P/E (TTM)
15.6
P/B
4.5
P/S
0.8
Dividend Yield
3.27%
Earnings Reaction
Over the last 7 reports, the stock moved ±1.2% on average on the first trading day after, rising 3 times
Most recent −2.40%
Volatility & Correlation
1-year beta -0.42 · Correlation with S&P 500 -0.14Low beta
Annualized volatility 39% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 46.10 | +43.3% | 20.4% | 6.83 | 23.89 |
| FY2026 Q2 | 44.48 | +48.8% | 12.3% | 3.72 | 12.62 |
| FY2026 Q1 | 32.38 | +7.0% | 6.3% | 1.26 | 4.22 |
| FY2025 Q4 | 30.37 | −1.2% | 6.3% | 1.13 | 3.66 |
| FY2025 Q3 | 32.17 | −2.2% | 5.5% | 1.10 | 3.53 |
| FY2025 Q2 | 29.89 | −13.3% | 4.2% | 0.71 | 2.28 |
| FY2025 Q1 | 30.26 | −4.7% | 1.7% | -0.60 | -1.90 |
| FY2024 Q4 | 30.76 | −13.2% | 2.0% | 0.28 | 0.98 |
| FY2024 Q3 | 32.88 | −14.4% | 2.3% | 0.36 | 1.14 |
| FY2024 Q2 | 34.49 | −0.1% | 4.2% | 0.88 | 2.71 |
| FY2024 Q1 | 31.76 | −12.8% | 6.2% | 1.25 | 3.75 |
| FY2023 Q4 | 35.41 | −15.2% | 5.3% | 1.20 | 3.74 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| VLO | 15.6 | +43.3% | 20.4% | −6.11% | Bullish |
| XOM | 18.4 | +32.7% | — | +9.55% | Bullish |
| CVX | 22.6 | +51.4% | 45.5% | +10.20% | Bullish |
| COP | 19.9 | +43.3% | 62.9% | +15.85% | Bullish |
| MPC | 14.6 | +53.8% | 17.2% | +1.91% | Neutral |
| PSX | 15.6 | +46.4% | 19.2% | +3.95% | Bullish |
| WMB | 29.5 | +0.0% | — | +0.92% | Bullish |
| EOG | 12.6 | +57.4% | — | +11.68% | Bullish |
| SLB | 25.6 | +5.8% | — | +7.32% | Neutral |