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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.

Company profile comparison for Phillips 66 (PSX) and Valero Energy (VLO)
Profile ItemPSXVLO
NamePhillips 66Valero Energy Corporation
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Refining & MarketingOil & Gas Refining & Marketing
Market Capitalization95.85 billion USD96.62 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateApril 12, 2012January 4, 1982
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

PSX
VLO
GSPC
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Phillips 66 (PSX) vs. Valero Energy (VLO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Phillips 66 (PSX) and Valero Energy (VLO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Phillips 66 (PSX) and Valero Energy (VLO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
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

PSX
VLO
GSPC
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Phillips 66 (PSX) vs. Valero Energy (VLO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Phillips 66 (PSX) and Valero Energy (VLO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
Volatility (1Y, Annualized)33.42%39.31%
Beta (5Y)0.720.60
Max Drawdown (5Y)-44.37%-41.22%
Avg. Volume (3M)2.92M3.05M

Risk-Adjusted Performance

Risk-Return Positioning

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PSX and VLO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
Sharpe Ratio (1Y)2.532.63
Sortino Ratio (1Y)3.934.08

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%
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their ROE against the Energy industry group benchmark.

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%
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their net margin against the Energy industry group benchmark.

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%
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
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.

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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their Revenue Growth across different time periods.

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.

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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
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
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their current ratio against the Energy industry group benchmark.

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
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
Current Ratio (MRQ)1.341.72
Debt / Equity (MRQ)0.520.35
Net Debt / EBITDA0.820.06

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%
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their dividend yield against the Energy industry group benchmark.

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%
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
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
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their P/E ratio against the Energy industry group benchmark.

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
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their P/S ratio against the Energy industry group benchmark.

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
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Phillips 66 (PSX) vs. Valero Energy (VLO): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Phillips 66 (PSX) and Valero Energy (VLO)
MetricPSXVLO
P/E Ratio (TTM)7.887.88
P/S Ratio (TTM)0.570.66
P/B Ratio (MRQ)2.793.45
Free Cash Flow Yield (TTM)9.93%13.02%