Phillips 66 (PSX) vs Valero Energy (VLO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Valero Energy (VLO) has outperformed Phillips 66 (PSX) over the past year, gaining 159.9% versus a gain of 105.2%. Over five years, VLO leads with a +439.2% price change compared with +234.4% for PSX. Valero Energy is the larger company by market cap ($122.11 billion vs $108.90 billion), about 1.1 times the size.
On valuation, Valero Energy trades at a lower forward P/E (10.0x vs 10.2x for Phillips 66). Phillips 66 offers the higher dividend yield (1.82% vs 1.10%). Phillips 66 converts more of its revenue into profit, with a net margin of 3.3% versus 1.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PSX | VLO |
|---|---|---|
| Share price | $271.62 | $424.10 |
| Market cap | $108.90B | $122.11B |
| 1-day change | +0.68% | +1.16% |
| YTD return | +110.49% | +160.52% |
| 1-year return | +105.20% | +159.91% |
| 5-year return | +234.43% | +439.16% |
| P/E ratio (TTM) | 15.42 | 17.47 |
| Forward P/E | 10.18 | 10.03 |
| EPS (TTM) | $17.62 | $24.27 |
| Dividend yield | 1.82% | 1.10% |
| Annual dividend | $4.94 | $4.66 |
| Revenue (latest FY) | $132.38B | $122.69B |
| Revenue growth (YoY) | -7.53% | -5.54% |
| Net income (latest FY) | $4.40B | $2.35B |
| Gross margin | 12.30% | 4.43% |
| Operating margin | — | 2.59% |
| Net margin | 3.33% | 1.91% |
| 52-week high | $277.12 | $428.99 |
| 52-week low | $126.74 | $155.29 |
| Distance from 52-week high | -1.98% | -1.14% |
| Analyst consensus | buy | buy |
| Avg. price target upside | -5.32% | -11.64% |
| Average volume | 2.87M | 3.04M |
| Shares outstanding | 400.94M | 287.93M |
| Employees | 12,600 | 9,785 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Refining & Marketing | Integrated oil Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- VLO has outperformed PSX by 54.7 percentage points over the past year.
About Phillips 66
PSX stock →Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels.
Energy · Oil & Gas Refining & Marketing · 12,600 employees
About Valero Energy
VLO stock →Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.
Energy · Integrated oil Companies · 9,785 employees
PSX vs VLO FAQ
Which is bigger, Phillips 66 or Valero Energy?
Valero Energy (VLO) is larger, with a market capitalization of $122.11B compared with $108.90B for Phillips 66 (PSX).
Which stock has performed better over the past year, PSX or VLO?
VLO returned +159.91% over the past 12 months, compared with +105.20% for PSX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PSX or VLO?
PSX has the lower trailing P/E at 15.4, versus 17.5 for VLO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Phillips 66 or Valero Energy?
Phillips 66 has the higher yield at 1.82%, compared with 1.10% for Valero Energy.
Are Phillips 66 and Valero Energy in the same industry?
Both are in the Energy sector, but in different industries: Oil & Gas Refining & Marketing for Phillips 66 and Integrated oil Companies for Valero Energy.