Valero Energy (VLO) Return on Equity [ROE] (2009 - 2026)
Valero Energy (VLO) reported Return on Equity [ROE] of 45.67% for Q3 2026, up 40.33 percentage points from 5.34% a year earlier and up 18.03 percentage points from the prior quarter.
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Analysis
Valero Energy (VLO) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Valero Energy posted Return on Equity [ROE] of 8.30%, down 2.43 percentage points from FY2024.
- Return on Equity [ROE] has declined for three consecutive years, though with a five-year change of +13.55 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 10.73% in FY2024 (-23.16 pp), 33.89% in FY2023 (-18.57 pp), 52.46% in FY2022 (+45.93 pp) and 6.53% in FY2021 (+11.78 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q1 2023.
- Year over year, Return on Equity [ROE] has now increased in each of the last three quarters, with an average year-over-year change of +0.54 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q3 2022 (a gain of 42.72 percentage points); the low point was Q1 2024 (a drop of 27.94 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 27.64% (Q2 2026), 15.76% (Q1 2026) and 8.42% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 103.92 Bn | 76.72 Bn | 12.69 Bn | 58.47% |
| 2 | Valero Energy | 98.70 Bn | 70.56 Bn | 9.41 Bn | 45.67% |
| 3 | HF Sinclair | 17.12 Bn | 9.40 Bn | 3.15 Bn | 31.92% |
| 4 | Sunoco | 8.45 Bn | 5.30 Bn | 1.56 Bn | 18.07% |
| 5 | PBF Energy | 7.96 Bn | 3.45 Bn | 2.17 Bn | 37.38% |
| 6 | Ultrapar Holdings | 5.80 Bn | -1.43 Bn | 912.61 Mn | 35.34% |
| 7 | Delek US Holdings | 3.90 Bn | 1.39 Bn | 365.10 Mn | 77.58% |
| 8 | Cvr Energy | 3.81 Bn | 775.98 Mn | 783.00 Mn | 33.28% |
| 9 | Icahn Enterprises | 3.40 Bn | -2.86 Bn | - | -61.15% |
| 10 | Bw Lpg | 3.31 Bn | 2.29 Bn | - | 24.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.67% |
| Jun 30, 2026 | 27.64% |
| Mar 31, 2026 | 15.76% |
| Dec 31, 2025 | 8.42% |
| Sep 30, 2025 | 5.34% |
| Jun 30, 2025 | 2.86% |
| Mar 31, 2025 | 3.80% |
| Dec 31, 2024 | 10.83% |
| Sep 30, 2024 | 13.75% |
| Jun 30, 2024 | 21.51% |
| Mar 31, 2024 | 25.57% |
| Dec 31, 2023 | 32.34% |
| Sep 30, 2023 | 39.83% |
| Jun 30, 2023 | 41.45% |
| Mar 31, 2023 | 53.52% |
| Dec 31, 2022 | 48.31% |
| Sep 30, 2022 | 42.01% |
| Jun 30, 2022 | 34.09% |
| Mar 31, 2022 | 14.30% |
| Dec 31, 2021 | 6.71% |
API Access
Valero Energy Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=VLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "VLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=VLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();