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Valero EnergyMEX:VLO 53 Debt-to-Equity is 0.48 as of Mar. 2026, which is 4% above its 10-year median of 0.46. GuruFocus rates MEX:VLO with a GF Score™ of 53/100 and a GF Value™ of MXN2,689.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 797 Oil & Gas companies, Valero Energy ranks worse than 51.82% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Valero Energy's Debt-to-Equity or its related term are showing as below:
MEX:VLO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.46 Max: 0.84
Current: 0.48
During the past 13 years, the highest Debt-to-Equity Ratio of Valero Energy was 0.84. The lowest was 0.37. And the median was 0.46.
MEX:VLO's Debt-to-Equity is ranked worse than 51.82% of 797
companies
in the Oil & Gas industry
Industry Median: 0.46
vs MEX:VLO: 0.48
Valero Energy (MEX:VLO) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Valero Energy Debt-to-Equity Related Terms
Valero Energy Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Valero Energy's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:VLO vs MPC, PSX, DINO: Debt-to-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Valero Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Valero Energy Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Valero Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Valero Energy's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Valero Energy (MEX:VLO) has a Debt-to-Equity of 0.48 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Valero Energy and its competitors. This is near median its historical median of 0.46. Over the past decade, Valero Energy's Debt-to-Equity has ranged from 0.37 to 0.84. According to the industry distribution chart, Valero Energy ranks #413 out of 797 companies in the Oil & Gas industry, placing it in the top 51.8%.
Is Valero Energy's Debt-to-Equity too high?
Valero Energy's current Debt-to-Equity of 0.48 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.84. The Oil & Gas industry median Debt-to-Equity is 0.46. Valero Energy's value of 0.48 is 4.3% above this industry median. Based on the distribution chart, Valero Energy ranks #413 out of 797 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Valero Energy has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valero Energy's Debt-to-Equity compare to MPC and PSX?
According to the Oil & Gas industry distribution chart, Valero Energy ranks #413 out of 797 companies for Debt-to-Equity. This places Valero Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Valero Energy's value of 0.48 is 4.3% above this benchmark. Historically, Valero Energy's own Debt-to-Equity has ranged from 0.37 to 0.84 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.46, Valero Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 797 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Valero Energy's current Debt-to-Equity of 0.48 is 4.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Valero Energy and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valero Energy's current Debt-to-Equity is 0.48, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valero Energy stock overvalued right now?
Based on GuruFocus' analysis, Valero Energy (MEX:VLO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,689.51, compared to a current price of MXN5,430.00 — trading 101.9% above its estimated fair value. The current Debt-to-Equity is 0.48, which is near median its 10-year median of 0.46 and 4.3% above the Oil & Gas industry median of 0.46. Valero Energy's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Valero Energy (MEX:VLO), the current Debt-to-Equity is 0.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Valero Energy (MEX:VLO) Overvalued in 2026?
Based on GuruFocus' analysis, Valero Energy stock appears to be overvalued.
The current stock price of MXN5,430.00 is trading 101.9% above its estimated GF Value™ of MXN2,689.51.
GuruFocus considers Valero Energy to be Significantly Overvalued.
Key valuation signals for MEX:VLO:
Debt-to-Equity: 0.48 (near median its 10-year median of 0.46)
GF Value™: MXN2,689.51 vs. price of MXN5,430.00 (101.9% above fair value)
Industry Position: 4.3% above the Oil & Gas median (#413 of 797)
No single metric tells the full story. See the MEX:VLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which can produce 1.2 billion gallons per year of renewable diesel.
53GF Score
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