Valero Energy (VLO) Debt to Equity (2009 - 2026)
Valero Energy (VLO) recorded quarterly Debt to Equity of $0.48 in Q1 2026, up 20.61% quarter-over-quarter from $0.4 in Q4 2025, and up 16.71% on a YoY basis from $0.41 in Q1 2025.
Valero Energy (VLO) Debt to Equity (2009 - 2026) Analysis & Trends
Valero Energy's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.48 for Q1 2026.
- In Q1 2026, Debt to Equity rose 16.71% year-over-year to $0.48; the TTM figure through Mar 2026 stood at $0.48 (up 16.71% YoY), while the FY2025 annual figure was $0.4, up 4.99% from the prior year.
- Debt to Equity was $0.48 for Q1 2026 at Valero Energy, up from $0.4 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.64 in Q1 2022 to a low of $0.38 in Q1 2024.
- Historically, Debt to Equity has averaged $0.44 across 5 years, with a median of $0.41 in 2023.
- The sharpest annual moves came in 2022 and 2026: Debt to Equity slumped 36.25% in 2022, then advanced 16.71% in 2026.
- A 5-year view of Debt to Equity shows it stood at $0.46 in 2022, then decreased by 11.57% to $0.4 in 2023, then slipped by 5.9% to $0.38 in 2024, then rose by 4.99% to $0.4 in 2025, then rose by 20.61% to $0.48 in 2026.
- The last three Debt to Equity figures came in at $0.48 (Q1 2026), $0.4 (Q4 2025), and $0.45 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 1.40 |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 0.48 |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 0.91 |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 0.28 |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 1.67 |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 12.11 |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | - |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 0.51 |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 2.41 |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 10.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.48 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.49 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.64 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.77 |
| Jun 30, 2021 | 0.78 |