Phillips 66 vs Valero Energy
PSX and VLO side by side, both in petroleum refining. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How PSX and VLO compare
Phillips 66 and Valero Energy are about the same size, with market caps of $113B and $115B.
On earnings, Phillips 66 is cheaper: it trades at 16.2× trailing earnings, against 16.6× for Valero Energy.
Phillips 66 grew revenue faster over the last twelve months (14.4% versus 12.6% for Valero Energy).
Valero Energy keeps more of each dollar of sales as profit, with a net margin of 5.2% compared with 4.7% at Phillips 66.
Both pay dividends: Phillips 66 yields 1.8% and Valero Energy 1.2%.
Valero Energy scores higher on the StockData Score (16 against 13 for Phillips 66), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | PSX | VLO |
|---|---|---|
| Size and price | ||
| Market cap | $113B | $115B |
| Share price | $282.83 | $399.66 |
| Change, 1 year | 105% | 134% |
| Change, 5 years | 264% | 413% |
| Beta (5Y) | 0.58 | 0.55 |
| Employees | 13K | 9,811 |
| StockData Score | ||
| Total score | 13 | 16 (better) |
| Valuation score | 1 | 1 |
| Growth score | 2 | 2 |
| Performance score | 3 | 5 (better) |
| Health score | 4 | 5 (better) |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 16.2× (better) | 16.6× |
| P/S | 0.7× (better) | 0.8× |
| P/B | 3.6× (better) | 4.6× |
| EV/EBITDA | – | 10.4× |
| Fair value | $257.88 | $347.24 |
| Margin of safety | −9.7% (better) | −15.1% |
| Growth | ||
| Revenue growth (TTM) | 14.4% (better) | 12.6% |
| Revenue growth, 5Y average | 15.6% (better) | 13.6% |
| Net income growth (TTM) | 313% | 844% (better) |
| EPS growth (TTM) | 320% | 902% (better) |
| Profitability | ||
| Gross margin | 13.1% (better) | 8.0% |
| Operating margin | – | 7.2% |
| Net margin | 4.7% | 5.2% (better) |
| Return on equity | 24.0% | 29.4% (better) |
| Return on invested capital | – | 26.5% |
| Financial health | ||
| Debt / equity | 0.65 | 0.45 (better) |
| Net debt / EBITDA | – | 0.30 |
| Interest coverage | – | 17.8× |
| Current ratio | 1.32 | 1.64 (better) |
| Altman Z-score | 3.95 | 5.92 (better) |
| Piotroski F-score | 7 (better) | 6 |
| Dividends and buybacks | ||
| Dividend yield | 1.8% (better) | 1.2% |
| Payout ratio | 28.0% | 19.5% |
| Years of dividend growth | 14 (better) | 3 |
| Dividend growth, 5Y average | 5.7% (better) | 2.9% |
| Buyback yield | 0.89% | 4.2% (better) |
| Shareholder yield | 2.7% | 5.4% (better) |
| Ownership | ||
| Held by institutions | 79.7% | 85.5% |
| Held by insiders | 0.23% | 0.58% |
| Insider net buying, 12 months | −$63.3M | −$9.4M (better) |
| Superinvestors holding | 4 (better) | 1 |
| Short interest, % of float | 1.4% | 3.1% |
Go deeper
- PSX stock overview
- PSX income statement
- PSX valuation and score
- VLO stock overview
- VLO income statement
- VLO valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.