PSX vs VLO
Phillips 66 (PSX) and Valero Energy (VLO) compared side by side. Valero Energy (VLO) is larger, with a market cap of $120.7B versus $113.5B for Phillips 66, about 1.1 times the size. On trailing earnings, VLO is cheaper at 9.5x versus 16.2x for PSX.
Head to head
| Metric | PSX | VLO |
|---|---|---|
| Market cap | $113.5B | $120.7B |
| P/E (TTM) | 16.2x | 9.5x |
| Forward P/E | 9.3x | 8.1x |
| Revenue (TTM) | $152.2B | $146.6B |
| Revenue growth | 53.1% | 51.9% |
| Gross margin | 13.1% | 19.5% |
| Operating margin | 8.5% | 19.7% |
| Free cash flow | $6.4B | $10.1B |
| Dividend yield | 1.88% | 1.14% |
| 1-year return | +114.7% | +147.3% |
| 5-year return (annual) | +32.6% | +43.3% |
| Max drawdown | -64% | -87% |
| FI Handbook grade | C+ | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
PSX vs VLO FAQ
Which is bigger, PSX or VLO?
Valero Energy (VLO) is larger, with a market cap of $120.7B versus $113.5B for Phillips 66, about 1.1 times the size.
Is PSX or VLO cheaper?
On trailing earnings, VLO is cheaper at 9.5x versus 16.2x for PSX. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, PSX or VLO?
VLO returned +147.3% over the past year including dividends, versus +114.7% for PSX, through October 23, 2026.
Which pays a higher dividend, PSX or VLO?
PSX yields 1.88% versus 1.14% for VLO.
Full pages: Phillips 66 · Valero Energy