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Valero Energy VLO Net debt / EBITDA

Net debt / EBITDA at other companies

Devon Energy logo
Devon EnergyDVN
1.3×0.0×
Imperial Oil logo
Imperial OilIMO
0.3×+0.1×
Chevron logo
ChevronCVX
+0.4×
Exxon Mobil logo
Exxon MobilXOM
0.6×+0.3×
Oneok logo
OneokOKE
4.3×-0.3×
Permian Resources logo
Permian ResourcesPR
0.0×

Other financials

Income statement

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Revenue$32.4B+7.0%
Gross profit$2.1B+305%
Operating income$1.7B+292%
Net income$1.3B+312%
EPS (diluted)$4.22+322%

Balance sheet

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Cash & equivalents$5.7B+23.7%
Total debt$11.5B+5.9%
Total equity$23.9B+1.6%
Total assets$62.1B+5.0%

Cash flow

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Operating cash flow$1.4B+46.0%

Valuation

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Market cap$71.2B+77.9%
Enterprise value$76.95B+66.7%
P/E16.9×-26.1×
P/S0.6×+0.3×

Profitability

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Gross margin5.6%+3.0pp
Operating margin4.7%+3.7pp
Net margin3.4%+2.6pp

Returns & leverage

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Return on equity17.8%+14.0pp
Debt / equity0.5×0.0×
Current ratio1.6×0.0×

Where this comes from

Calculated from Valero Energy’s reported figures.

Based on the most recent quarter.

The official record: Valero Energy’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valero Energy's net debt / EBITDA?
Valero Energy (VLO) reported net debt / EBITDA of 1× in Q1 2026.
How has Valero Energy's net debt / EBITDA changed year-over-year?
Valero Energy's net debt / EBITDA decreased by 80.8% year-over-year, from 5.1× to 1×.
What is the long-term trend for Valero Energy's net debt / EBITDA?
Over 3 years (2022 to 2025), Valero Energy's net debt / EBITDA has grown at a 55.7% compound annual growth rate (CAGR), from 4.5× to 16.9×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.