PSX vs VLO
Phillips 66 and Valero Energy Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PSX | VLO |
|---|---|---|
| Revenue | $132.4B | $122.7B |
| Net income | $4.4B | $2.3B |
| Gross margin | 12.3% | −1.1% |
| Net margin | 3.4% | 1.9% |
| Return on equity | 15.6% | 9.7% |
| Diluted EPS | $10.79 | $7.57 |
| Dividend / share | $4.75 | $4.52 |
| Payout ratio | 43.7% | 59.8% |
| Free cash flow | · | · |
| Equity | $29.1B | $23.7B |
| Net debt / equity | 0.64× | 0.19× |
| Current ratio | 1.30× | 1.65× |
| Revenue CAGR 5y | 15.6% | 13.6% |
| Profit CAGR 5y | · | · |
PSX and VLO book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (3.4% 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 | PSX | VLO |
|---|---|---|
| FY2025 | $132.4B | $122.7B |
| FY2024 | $143.2B | $129.9B |
| FY2023 | $147.4B | $144.8B |
| FY2022 | $170.0B | $176.4B |
| FY2021 | $111.5B | $114.0B |
| FY2020 | $64.1B | $64.9B |
| FY2019 | $107.3B | $108.3B |
| FY2018 | $111.5B | $117.0B |
| FY2017 | $102.4B | $94.0B |
| FY2016 | $84.3B | $75.7B |
Bottom line
| Fiscal year | PSX | VLO |
|---|---|---|
| FY2025 | $4.4B | $2.3B |
| FY2024 | $2.1B | $2.8B |
| FY2023 | $7.0B | $8.8B |
| FY2022 | $11.0B | $11.5B |
| FY2021 | $1.3B | $930.0M |
| FY2020 | $-4.0B | $-1.4B |
| FY2019 | $3.1B | $2.4B |
| FY2018 | $5.6B | $3.1B |
| FY2017 | $5.1B | $4.1B |
| FY2016 | $1.6B | $2.3B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,689,000,000 | PSX |
| FY2024 | +$13,272,000,000 | PSX |
| FY2023 | +$2,633,000,000 | PSX |
| FY2022 | −$6,393,000,000 | VLO |
| FY2021 | −$2,501,000,000 | VLO |
| FY2020 | −$783,000,000 | VLO |
| FY2019 | −$1,031,000,000 | VLO |
| FY2018 | −$5,572,000,000 | VLO |
| FY2017 | +$8,374,000,000 | PSX |
| FY2016 | +$8,620,000,000 | PSX |
The higher-revenue side has changed between PSX and VLO over this period. The gap has widened since the earliest year compared.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +1.5 pp | PSX |
| FY2024 | −0.9 pp | VLO |
| FY2023 | −1.7 pp | VLO |
| FY2022 | −0.2 pp | VLO |
| FY2021 | +0.2 pp | PSX |
| FY2020 | −3.9 pp | VLO |
| FY2019 | +0.4 pp | PSX |
| FY2018 | +2.3 pp | PSX |
| FY2017 | +1.2 pp | PSX |
| FY2016 | −1.1 pp | VLO |
The higher net margin has changed hands between PSX and VLO over this period.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PSX's net margin has been more volatile than VLO's over the 10 comparable fiscal years — 3.4 percentage points of standard deviation against 2.4.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between PSX and VLO over these 10 fiscal years — PSX led in 5 and VLO in 5.
10 of 16 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 PSX's over the 16 comparable fiscal years — 13.4 percentage points of standard deviation against 12.8.
16 of 18 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 PSX and VLO over these 16 fiscal years — PSX led in 10 and VLO in 6.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.