COP vs VLO
ConocoPhillips and Valero Energy Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | COP | VLO |
|---|---|---|
| Revenue | $58.9B | $122.7B |
| Net income | $8.0B | $2.3B |
| Gross margin | 62.1% | −1.1% |
| Net margin | 13.6% | 1.9% |
| Return on equity | 12.4% | 9.7% |
| Diluted EPS | $6.35 | $7.57 |
| Dividend / share | $3.18 | $4.52 |
| Payout ratio | 50.0% | 59.8% |
| Free cash flow | · | · |
| Equity | $64.5B | $23.7B |
| Net debt / equity | 0.26× | 0.19× |
| Current ratio | 1.30× | 1.65× |
| Revenue CAGR 5y | 25.7% | 13.6% |
| Profit CAGR 5y | · | · |
VLO bills 2.1× the revenue of COP, and COP keeps more of each dollar of revenue as profit (13.6% against 1.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | COP | VLO |
|---|---|---|
| FY2025 | $58.9B | $122.7B |
| FY2024 | $54.7B | $129.9B |
| FY2023 | $56.1B | $144.8B |
| FY2022 | $78.5B | $176.4B |
| FY2021 | $45.8B | $114.0B |
| FY2020 | $18.8B | $64.9B |
| FY2019 | $36.7B | $108.3B |
| FY2018 | $38.7B | $117.0B |
| FY2017 | $32.6B | $94.0B |
| FY2016 | $24.4B | $75.7B |
Bottom line
| Fiscal year | COP | VLO |
|---|---|---|
| FY2025 | $8.0B | $2.3B |
| FY2024 | $9.2B | $2.8B |
| FY2023 | $11.0B | $8.8B |
| FY2022 | $18.7B | $11.5B |
| FY2021 | $8.1B | $930.0M |
| FY2020 | $-2.7B | $-1.4B |
| FY2019 | $7.2B | $2.4B |
| FY2018 | $6.3B | $3.1B |
| FY2017 | $-855.0M | $4.1B |
| FY2016 | $-3.6B | $2.3B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$63,743,000,000 | VLO |
| FY2024 | −$75,136,000,000 | VLO |
| FY2023 | −$88,625,000,000 | VLO |
| FY2022 | −$97,889,000,000 | VLO |
| FY2021 | −$68,149,000,000 | VLO |
| FY2020 | −$46,128,000,000 | VLO |
| FY2019 | −$71,654,000,000 | VLO |
| FY2018 | −$78,306,000,000 | VLO |
| FY2017 | −$61,396,000,000 | VLO |
| FY2016 | −$51,299,000,000 | VLO |
VLO has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +11.6 pp | COP |
| FY2024 | +14.5 pp | COP |
| FY2023 | +12.9 pp | COP |
| FY2022 | +16.9 pp | COP |
| FY2021 | +16.4 pp | COP |
| FY2020 | −12.3 pp | VLO |
| FY2019 | +17.1 pp | COP |
| FY2018 | +13.3 pp | COP |
| FY2017 | −7.1 pp | VLO |
| FY2016 | −18.1 pp | VLO |
The higher net margin has changed hands between COP and VLO over this period.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
COP's net margin has been more volatile than VLO's over the 10 comparable fiscal years — 13.7 percentage points of standard deviation against 2.4.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between COP and VLO over these 10 fiscal years — COP led in 7 and VLO in 3.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VLO's return on equity has been more volatile than COP's over the 18 comparable fiscal years — 15.0 percentage points of standard deviation against 15.0.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between COP and VLO over these 18 fiscal years — COP led in 10 and VLO in 8.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.