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Valero Energy Corp (VLO)

Petroleum Refining

Latest Price
$384.57
TTM P/E
8.66
Normalized P/E
16.97
TTM Div Yield
1.23%
Fwd Div Yield
1.23%
Book Value
97.16
P/B Ratio
3.96

Valuation metrics

adjust assumptions →
EPS: $7.57
Book value / share: $79.36
Formula: √(22.5 × EPS × BVPS)
Graham Number
$116.27
70% downside
Norm. op. income: $3.8B (median of 7yr)
Tax rate: 21%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$83.86
78% downside
Base FCF: $6.0B (median of recent 5yr)
Growth: -15%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$69.92
82% downside
EPS: $7.57
Target P/E: 17×
Formula: EPS × P/E
P/E Fair Value
$128.69
67% downside

Institutional Ownership

85.1% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.25.14M$6.55B8.73%-869.2K2026-06-30
Vanguard Capital Management LLC19.39M$5.05B6.74%-232.0K2026-06-30
State Street Corp18.90M$4.92B6.57%-712.0K2026-06-30
Vanguard Portfolio Management LLC14.85M$3.87B5.16%-33.7K2026-06-30
FMR LLC8.50M$2.21B2.95%+134.6K2026-06-30
Morgan Stanley8.04M$2.09B2.79%+782.6K2026-06-30
Geode Capital Management, LLC7.27M$1.90B2.52%-1.02M2026-06-30
Norges Bank6.40M$1.67B2.22%-425.1K2026-06-30
Franklin Resources Inc6.33M$1.65B2.20%-83.3K2026-06-30
Ameriprise Financial Inc5.22M$1.36B1.81%-1.31M2026-06-30
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