Valero Energy (VLO) Return on Capital Employed (2009 - 2026)
Valero Energy (VLO) recorded quarterly Return on Capital Employed of 13.7% in Q1 2026, up 90.38% quarter-over-quarter from 7.2% in Q4 2025, and up 623.0% on a YoY basis from 1.9% in Q1 2025.
Valero Energy (VLO) Return on Capital Employed (2009 - 2026) Analysis & Trends
Valero Energy's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 13.7% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 623.0% year-over-year to 13.7%; the TTM figure through Mar 2026 stood at 13.7% (up 623.0% YoY), while the FY2025 annual figure was 7.08%, down 1442.0% from the prior year.
- Return on Capital Employed was 13.7% for Q1 2026 at Valero Energy, up from 7.2% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 67.07% in Q4 2023 to a low of 4.41% in Q3 2025.
- Historically, Return on Capital Employed has averaged 23.68% across 5 years, with a median of 17.77% in 2024.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed soared 3135 bps in 2022, then tumbled 5868 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 36.75% in 2022, then surged by 83 bps to 67.07% in 2023, then slumped by 87 bps to 8.39% in 2024, then dropped by 14 bps to 7.2% in 2025, then soared by 90 bps to 13.7% in 2026.
- The last three Return on Capital Employed figures came in at 13.7% (Q1 2026), 7.2% (Q4 2025), and 4.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 14.61% |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 13.70% |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | -306.60% |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 12.31% |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 6.17% |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 12.76% |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | - |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 8.02% |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 6.10% |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 6.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.70% |
| Dec 31, 2025 | 7.20% |
| Sep 30, 2025 | 4.41% |
| Jun 30, 2025 | 6.01% |
| Mar 31, 2025 | 7.47% |
| Dec 31, 2024 | 8.39% |
| Sep 30, 2024 | 10.62% |
| Jun 30, 2024 | 17.77% |
| Mar 31, 2024 | 52.65% |
| Dec 31, 2023 | 67.07% |
| Sep 30, 2023 | 32.94% |
| Jun 30, 2023 | 32.74% |
| Mar 31, 2023 | 40.58% |
| Dec 31, 2022 | 36.75% |
| Sep 30, 2022 | 29.12% |
| Jun 30, 2022 | 24.48% |
| Mar 31, 2022 | 10.62% |
| Dec 31, 2021 | 5.40% |
| Sep 30, 2021 | 0.16% |
| Jun 30, 2021 | -3.10% |