Stock Analysis on Net
Stock Analysis on Net

Valero Energy Corp. (NYSE:VLO)

This company has been moved to the archive! The financial data has not been updated since October 30, 2024.

Debt to Equity
since 2005

Microsoft Excel

Calculation

Valero Energy Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Debt and finance lease obligations1 ÷ Total Valero Energy Corporation stockholders’ equity1
Dec 31, 2023 0.44 = 11,524 ÷ 26,346
Dec 31, 2022 0.49 = 11,635 ÷ 23,561
Dec 31, 2021 0.75 = 13,870 ÷ 18,430
Dec 31, 2020 0.78 = 14,677 ÷ 18,801
Dec 31, 2019 0.44 = 9,672 ÷ 21,803
Dec 31, 2018 0.42 = 9,109 ÷ 21,667
Dec 31, 2017 0.40 = 8,872 ÷ 21,991
Dec 31, 2016 0.40 = 8,001 ÷ 20,024
Dec 31, 2015 0.36 = 7,377 ÷ 20,527
Dec 31, 2014 0.31 = 6,386 ÷ 20,677
Dec 31, 2013 0.34 = 6,564 ÷ 19,460
Dec 31, 2012 0.39 = 7,049 ÷ 18,032
Dec 31, 2011 0.47 = 7,741 ÷ 16,423
Dec 31, 2010 0.55 = 8,337 ÷ 15,025
Dec 31, 2009 0.50 = 7,400 ÷ 14,725
Dec 31, 2008 0.42 = 6,576 ÷ 15,620
Dec 31, 2007 0.37 = 6,862 ÷ 18,507
Dec 31, 2006 0.28 = 5,133 ÷ 18,605
Dec 31, 2005 0.36 = 5,378 ÷ 15,050

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Valero Energy Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Valero Energy Corp. Chevron Corp. ConocoPhillips Exxon Mobil Corp. Occidental Petroleum Corp.
Dec 31, 2023 0.44 0.13 0.38 0.20 0.65
Dec 31, 2022 0.49 0.15 0.35 0.21 0.66
Dec 31, 2021 0.75 0.23 0.44 0.28 1.46
Dec 31, 2020 0.78 0.34 0.51 0.43 1.95
Dec 31, 2019 0.44 0.19 0.43 0.24 1.13
Dec 31, 2018 0.42 0.22 0.47 0.20 0.48
Dec 31, 2017 0.40 0.26 0.64 0.23 0.48
Dec 31, 2016 0.40 0.32 0.78 0.26 0.46
Dec 31, 2015 0.36 0.25 0.63 0.23 0.34
Dec 31, 2014 0.31 0.18 0.43 0.17 0.20
Dec 31, 2013 0.34 0.14 0.42 0.13 0.16
Dec 31, 2012 0.39 0.09 0.45 0.07 0.19
Dec 31, 2011 0.47 0.08 0.35 0.11 0.16
Dec 31, 2010 0.55 0.11 0.34 0.10 0.16
Dec 31, 2009 0.50 0.11 0.46 0.09 0.10
Dec 31, 2008 0.42 0.10 0.50 0.08 0.10
Dec 31, 2007 0.37 0.09 0.24 0.08 0.08
Dec 31, 2006 0.28 0.14 0.33 0.07 0.15
Dec 31, 2005 0.36 0.21 0.24 0.07 0.19

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

Valero Energy Corp., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
Valero Energy Corp. Oil, Gas & Consumable Fuels
Dec 31, 2023 0.44 0.23
Dec 31, 2022 0.49 0.23
Dec 31, 2021 0.75 0.34
Dec 31, 2020 0.78 0.48
Dec 31, 2019 0.44 0.31
Dec 31, 2018 0.42 0.24
Dec 31, 2017 0.40 0.29
Dec 31, 2016 0.40 0.34
Dec 31, 2015 0.36 0.29
Dec 31, 2014 0.31 0.21
Dec 31, 2013 0.34 0.17
Dec 31, 2012 0.39 0.14
Dec 31, 2011 0.47 0.15
Dec 31, 2010 0.55 0.16
Dec 31, 2009 0.50 0.18
Dec 31, 2008 0.42 0.17
Dec 31, 2007 0.37 0.13
Dec 31, 2006 0.28 0.17
Dec 31, 2005 0.36 0.15

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

Valero Energy Corp., debt to equity, long-term trends, comparison to industry (energy)

Microsoft Excel
Valero Energy Corp. Energy
Dec 31, 2023 0.44 0.24
Dec 31, 2022 0.49 0.25
Dec 31, 2021 0.75 0.37
Dec 31, 2020 0.78 0.52
Dec 31, 2019 0.44 0.33
Dec 31, 2018 0.42 0.26
Dec 31, 2017 0.40 0.30
Dec 31, 2016 0.40 0.35
Dec 31, 2015 0.36 0.31
Dec 31, 2014 0.31 0.22
Dec 31, 2013 0.34 0.19
Dec 31, 2012 0.39 0.15
Dec 31, 2011 0.47 0.16
Dec 31, 2010 0.55 0.16
Dec 31, 2009 0.50 0.18
Dec 31, 2008 0.42 0.18
Dec 31, 2007 0.37 0.14
Dec 31, 2006 0.28 0.18
Dec 31, 2005 0.36 0.16

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).