PSX vs. VLO: Phillips 66 vs. Valero Energy Stock Comparison
How do Phillips 66 (PSX) and Valero Energy (VLO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Phillips 66 (PSX) and Valero Energy (VLO) are both classified in the Oil & Gas Refining & Marketing sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | PSX | VLO |
|---|---|---|
| Name | Phillips 66 | Valero Energy Corporation |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Refining & Marketing | Oil & Gas Refining & Marketing |
| Market Capitalization | 95.85 billion USD | 96.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 12, 2012 | January 4, 1982 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PSX | VLO |
|---|---|---|
| Total Return (1Y) | 88.91% | 107.71% |
| Total Return (3Y, Annualized) | 36.18% | 47.89% |
| Total Return (5Y, Annualized) | 30.83% | 39.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PSX | VLO |
|---|---|---|
| Volatility (1Y, Annualized) | 33.42% | 39.31% |
| Beta (5Y) | 0.72 | 0.60 |
| Max Drawdown (5Y) | -44.37% | -41.22% |
| Avg. Volume (3M) | 2.92M | 3.05M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PSX | VLO |
|---|---|---|
| Sharpe Ratio (1Y) | 2.53 | 2.63 |
| Sortino Ratio (1Y) | 3.93 | 4.08 |
Profitability
ROE (TTM)
Both Phillips 66 (PSX) at 39.84% and Valero Energy (VLO) at 46.87% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
PSX
Energy industry group
39.84%
- Max
- 53.85%
- PSX
- 39.84%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
VLO
Energy industry group
46.87%
- Max
- 53.85%
- VLO
- 46.87%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Phillips 66 (PSX) at 7.48% and Valero Energy (VLO) at 8.83% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
PSX
Energy industry group
7.48%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- PSX
- 7.48%
- Q1
- 0.07%
- Min
- -27.38%
VLO
Energy industry group
8.83%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- VLO
- 8.83%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Phillips 66 (PSX) at 13.17% and Valero Energy (VLO) at 20.47% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
PSX
Energy industry group
13.17%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- PSX
- 13.17%
- Q1
- 6.94%
- Min
- -24.52%
VLO
Energy industry group
20.47%
- Max
- 71.31%
- Q3
- 33.75%
- VLO
- 20.47%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | PSX | VLO |
|---|---|---|
| ROE (TTM) | 39.84% | 46.87% |
| ROA (TTM) | 10.64% | 17.68% |
| Net Margin (TTM) | 7.48% | 8.83% |
| Operating Margin (TTM) | 13.17% | 20.47% |
| Gross Margin (TTM) | 15.08% | 19.52% |
Growth
Revenue Growth
Valero Energy (VLO) at -5.54% is around its peer norm for revenue growth, while Phillips 66 (PSX) at -7.53% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Phillips 66 (PSX) at 116.23% sits in the top EPS growth quartile, while Valero Energy (VLO) at -11.77% is closer to the peer norm — faster per-share earnings growth for PSX.
Growth Metrics
| Metric | PSX | VLO |
|---|---|---|
| Revenue Growth (YoY) | -7.53% | -5.54% |
| Revenue Growth (3Y CAGR) | -8.00% | -11.40% |
| EPS Growth (YoY) | 116.23% | -11.77% |
| EPS Growth (3Y CAGR) | -22.60% | -36.12% |
Financial Strength
Current Ratio (MRQ)
Both Phillips 66 (PSX) at 1.34 and Valero Energy (VLO) at 1.72 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
PSX
Energy industry group
1.34
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- PSX
- 1.34
- Q1
- 0.88
- Min
- 0.24
VLO
Energy industry group
1.72
- Max
- 3.64
- Q3
- 2.21
- VLO
- 1.72
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both Phillips 66 (PSX) at 0.52 and Valero Energy (VLO) at 0.35 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
PSX
Energy industry group
0.52
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- PSX
- 0.52
- Q1
- 0.30
- Min
- 0.00
VLO
Energy industry group
0.35
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- VLO
- 0.35
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | PSX | VLO |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 1.72 |
| Debt / Equity (MRQ) | 0.52 | 0.35 |
| Net Debt / EBITDA | 0.82 | 0.06 |
Dividends
Dividend Yield (TTM)
Both Phillips 66 (PSX) at 2.03% and Valero Energy (VLO) at 1.35% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
PSX
Energy industry group
2.03%
- Max
- 8.57%
- Q3
- 3.58%
- PSX
- 2.03%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
VLO
Energy industry group
1.35%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- VLO
- 1.35%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Phillips 66 (PSX) at 16.07% and Valero Energy (VLO) at 10.76% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
PSX
Energy industry group
16.07%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- PSX
- 16.07%
- Q1
- 0.00%
- Min
- 0.00%
VLO
Energy industry group
10.76%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- VLO
- 10.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | PSX | VLO |
|---|---|---|
| Dividend Yield (TTM) | 2.03% | 1.35% |
| Dividend Payout Ratio (TTM) | 16.07% | 10.76% |
Valuation
P/E Ratio (TTM)
Both Phillips 66 (PSX) at 7.88 and Valero Energy (VLO) at 7.88 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
PSX
Energy industry group
7.88
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- PSX
- 7.88
- Q1
- 7.71
- Min
- 2.99
VLO
Energy industry group
7.88
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- VLO
- 7.88
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Both Phillips 66 (PSX) at 0.57 and Valero Energy (VLO) at 0.66 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
PSX
Energy industry group
0.57
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- PSX
- 0.57
- Min
- 0.00
VLO
Energy industry group
0.66
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- VLO
- 0.66
- Min
- 0.00
P/B Ratio (MRQ)
Both Phillips 66 (PSX) at 2.79 and Valero Energy (VLO) at 3.45 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
PSX
Energy industry group
2.79
- Max
- 4.21
- PSX
- 2.79
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
VLO
Energy industry group
3.45
- Max
- 4.21
- VLO
- 3.45
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | PSX | VLO |
|---|---|---|
| P/E Ratio (TTM) | 7.88 | 7.88 |
| P/S Ratio (TTM) | 0.57 | 0.66 |
| P/B Ratio (MRQ) | 2.79 | 3.45 |
| Free Cash Flow Yield (TTM) | 9.93% | 13.02% |