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TS vs. VLO: Tenaris vs. Valero Energy Stock Comparison

How do Tenaris (TS) 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

Tenaris (TS) and Valero Energy (VLO) both fall under the Energy industry group, but TS is classified in Energy Equipment & Services while VLO is classified in Oil, Gas & Consumable Fuels.

Valero Energy (VLO) trades as ordinary local shares, while Tenaris (TS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Tenaris (TS) and Valero Energy (VLO)
Profile ItemTSVLO
NameTenaris S.A. American Depositary SharesValero Energy Corporation
Country/RegionLuxembourgUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryEnergy Equipment & ServicesOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Equipment & ServicesOil & Gas Refining & Marketing
Market Capitalization29.71 billion USD96.62 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateDecember 16, 2002January 4, 1982
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

TS
VLO
GSPC
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Tenaris (TS) 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 Tenaris (TS) and Valero Energy (VLO). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
Total Return (1Y)49.29%107.71%
Total Return (3Y, Annualized)24.84%47.89%
Total Return (5Y, Annualized)22.48%39.74%

Risk Profile

Drawdown History

TS
VLO
GSPC
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Tenaris (TS) 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 Tenaris (TS) and Valero Energy (VLO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
Volatility (1Y, Annualized)29.07%39.31%
Beta (5Y)0.880.60
Max Drawdown (5Y)-33.71%-41.22%
Avg. Volume (3M)1.24M3.05M

Risk-Adjusted Performance

Risk-Return Positioning

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TS 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 Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
Sharpe Ratio (1Y)1.552.63
Sortino Ratio (1Y)2.304.08

Profitability

ROE (TTM)

Valero Energy (VLO) at 46.87% sits in the top ROE quartile, while Tenaris (TS) at 11.86% is closer to the peer norm — stronger capital efficiency for VLO.

TS

Energy industry group

11.86%

Max
53.85%
Q3
24.79%
Median
12.85%
TS
11.86%
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Tenaris (TS) at 16.24% 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.

TS

Energy industry group

16.24%

Max
56.92%
Q3
22.92%
TS
16.24%
Median
10.10%
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Tenaris (TS) at 19.26% and Valero Energy (VLO) at 20.47% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

TS

Energy industry group

19.26%

Max
71.31%
Q3
33.75%
TS
19.26%
Median
18.73%
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
ROE (TTM)11.86%46.87%
ROA (TTM)6.69%17.68%
Net Margin (TTM)16.24%8.83%
Operating Margin (TTM)19.26%20.47%
Gross Margin (TTM)38.54%19.52%

Growth

Revenue Growth

Both Tenaris (TS) at -4.33% and Valero Energy (VLO) at -5.54% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Tenaris (TS) at 1.11% and Valero Energy (VLO) at -11.77% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
Revenue Growth (YoY)-4.33%-5.54%
Revenue Growth (3Y CAGR)0.62%-11.40%
EPS Growth (YoY)1.11%-11.77%
EPS Growth (3Y CAGR)-5.38%-36.12%

Financial Strength

Current Ratio (MRQ)

Valero Energy (VLO) at 1.72 keeps current ratio within its industry’s typical mid-range, while Tenaris (TS) at 3.25 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

TS

Energy industry group

3.25

Max
3.64
TS
3.25
Q3
2.21
Median
1.41
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Tenaris (TS) at 0.03 keeps leverage in the lower industry quartile, while Valero Energy (VLO) at 0.35 runs a more typical debt-to-equity mix.

TS

Energy industry group

0.03

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
TS
0.03
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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Tenaris (TS) 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 Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
Current Ratio (MRQ)3.251.72
Debt / Equity (MRQ)0.030.35
Net Debt / EBITDA-0.900.06

Dividends

Dividend Yield (TTM)

Both Tenaris (TS) at 2.11% and Valero Energy (VLO) at 1.35% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

TS

Energy industry group

2.11%

Max
8.57%
Q3
3.58%
TS
2.11%
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Tenaris (TS) at 45.64% 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.

TS

Energy industry group

45.64%

Max
133.24%
Q3
53.31%
TS
45.64%
Median
25.24%
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
Dividend Yield (TTM)2.11%1.35%
Dividend Payout Ratio (TTM)45.64%10.76%

Valuation

P/E Ratio (TTM)

Both Tenaris (TS) at 15.09 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.

TS

Energy industry group

15.09

Max
39.54
Q3
21.72
TS
15.09
Median
12.19
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Valero Energy (VLO) at 0.66 sits in the cheaper P/S ratio quartile while Tenaris (TS) at 2.44 prices around its industry’s middle — VLO costs less per dollar of sales, though read it alongside growth and margins.

TS

Energy industry group

2.44

Max
5.40
Q3
2.85
TS
2.44
Median
1.69
Q1
0.88
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both Tenaris (TS) at 3.53 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.

TS

Energy industry group

3.53

Max
4.21
TS
3.53
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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Tenaris (TS) vs. Valero Energy (VLO): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Tenaris (TS) and Valero Energy (VLO)
MetricTSVLO
P/E Ratio (TTM)15.097.88
P/S Ratio (TTM)2.440.66
P/B Ratio (MRQ)3.533.45
Free Cash Flow Yield (TTM)6.50%13.02%