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
DateValue
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%