Valero Energy Corporation vs Chevron Corporation
VLO wins the Tale of the Tape 5–3.
🏆 Tale of the Tape
Green = winner in each category. Higher is better except P/E (lower = cheaper).
Rolling Correlation
Moderately correlated — some diversification benefit from holding both.
Fundamentals
| Metric | VLO | CVX |
|---|---|---|
| Market Cap | $72.7B | $363.4B |
| P/E Ratio | 17.9x | 31.7x |
| Forward P/E | 12.2x | 14.7x |
| P/B | 3.08x | 1.96x |
| Dividend Yield | 1.96% | 3.90% |
| Beta | 0.57 | 0.50 |
Quantitative Metrics
| Metric | VLO | CVX |
|---|---|---|
| DCF Fair Value | $97.26 | $82.08 |
| DCF Upside | -59.8% | -57.2% |
| Piotroski F | 6/9 | 6/9 |
| Altman Z | 5.03 | 3.40 |
| Beneish M | -2.94 | -3.02 |
| FCF Yield | 6.58% | 4.06% |
| Net Debt/EBITDA | 0.7x | 0.8x |
| ROIC | 6.4% | 5.7% |
| WACC | 8.1% | 8.1% |
| ROIC – WACC | -1.7pp | -2.4pp |
| Gross Margin | 4.4% | 30.4% |
| Net Margin | 1.9% | 6.7% |
| Rev Growth YoY | -5.5% | -4.6% |
| Sharpe (1Y) | 2.28 | 1.29 |
| Max Drawdown 3Y | — | — |
| FCF Payout Ratio | 28% | 77% |
VLO Price
CVX Price
ETF Exposure
VLO found in:
CVX found in:
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Quant metrics computed from financial statements and 1,200+ trading days. Correlation is Pearson coefficient on daily log returns. Not investment advice.
VLO vs CVX: Head-to-Head Analysis
Valero Energy Corporation (VLO) and Chevron Corporation (CVX) represent two companies in the Energy sector. In our quantitative Tale of the Tape scoring, VLO leads 5–3 across nine fundamental and risk metrics including profitability, valuation, capital efficiency, and financial health.
In terms of capital efficiency, VLO generates a return on invested capital (ROIC) of 6.4% compared to CVX's 5.7%. This suggests VLO is more effective at deploying capital to generate shareholder returns.
The 252-day rolling correlation between VLO and CVX is 0.579, indicating moderate co-movement, with some diversification value from holding both in a portfolio context.
VLO appears in 35 ETFs tracked by SecuritiesDB, while CVX appears in 38 ETFs. Investors holding broad-market ETFs may already have indirect exposure to both stocks.
Frequently Asked Questions
Which stock is the better investment, VLO or CVX?
Our quantitative analysis compares VLO and CVX across nine fundamental dimensions. VLO wins the Tale of the Tape 5–3. However, stock selection depends on your individual risk tolerance, time horizon, and portfolio context. These metrics are computed from SEC filings and market data — they are not investment recommendations.
Are VLO and CVX correlated?
The 252-day correlation between VLO and CVX is 0.579. They show moderate correlation — partially diversifying.
How is the Tale of the Tape scored?
The Tale of the Tape compares both stocks across nine categories: profitability (net margin), valuation (P/E), efficiency (ROIC), health (Piotroski F-Score), safety (Altman Z-Score), growth (revenue YoY), risk (Sharpe ratio), leverage (debt-to-equity), and cash generation (FCF yield). The stock that wins more categories takes the overall score. Lower P/E and lower debt-to-equity count as wins.