ConocoPhillips (COP) vs Valero Energy Corporation (VLO)
A side-by-side comparison of ConocoPhillips and Valero Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
COP
ConocoPhillips
$137.35EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
VLO
Valero Energy Corporation
$390.42EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — COP vs VLO
growth of $100 · dividends reinvested · last 10yCOP +327.2% (+15.6%/yr)VLO +903.1% (+25.9%/yr)VLO compounded faster over this window
COP VLO
COP vs VLO: by the numbers
- •COP is the larger company ($167.33B vs $112.41B market cap).
- •VLO trades at the lower trailing earnings multiple (16.19 vs 18.19 P/E), one valuation lens rather than an overall verdict.
- •COP converts more revenue to profit (14.65% vs 5.43% net margin).
- •COP grew revenue faster over the past five years (16.71% vs 10.43% CAGR).
- •COP pays the higher dividend yield (2.45% vs 1.22%).
Metrics side by side
Valuation
| Metric | COP | VLO |
|---|---|---|
| P/E ratio | 18.19 | 16.19 |
| Forward P/E | 13.33 | 8.91 |
| P/S ratio | 2.64 | 0.85 |
| P/B ratio | 2.56 | 4.50 |
| EV / EBITDA | 7.11 | 8.85 |
| FCF yield | 3.74% | 9.00% |
Profitability
| Metric | COP | VLO |
|---|---|---|
| Gross margin | 27.68% | 11.33% |
| Operating margin | 21.92% | 7.53% |
| Net margin | 14.65% | 5.43% |
| ROE | 14.20% | 28.85% |
| ROIC | 7.85% | 16.52% |
Dividends
| Metric | COP | VLO |
|---|---|---|
| Dividend yield | 2.45% | 1.22% |
| Payout ratio | 44.50% | 19.62% |
Growth (annualized)
| Metric | COP | VLO |
|---|---|---|
| Revenue CAGR (5Y) | 16.71% | 10.43% |
| EPS CAGR (5Y) | N/A | 4.39% |
| FCF CAGR (5Y) | 35.98% | 75.39% |
| Total return CAGR (5Y) | 24.14% | 48.27% |
Frequently asked
- Which has the lower trailing P/E, COP or VLO?
- VLO has the lower trailing P/E: COP trades at 18.19 and VLO at 16.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, COP or VLO?
- Over the past five years, COP grew revenue faster — COP at a 16.71% CAGR versus VLO at 10.43%.
- Does COP or VLO pay a bigger dividend?
- COP yields 2.45% and VLO yields 1.22% based on trailing dividends and the latest price.
- Is COP or VLO more profitable?
- COP runs the higher net margin — COP at 14.65% versus VLO at 5.43%.
- How have COP and VLO total returns compared?
- Over the past 10 years, COP delivered 16.08% and VLO delivered 26.44% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ConocoPhillips P/E ratioValero Energy P/E ratioConocoPhillips dividend yieldValero Energy dividend yieldConocoPhillips ROEValero Energy ROEConocoPhillips operating marginValero Energy operating marginConocoPhillips revenue growthValero Energy revenue growthConocoPhillips free cash flowValero Energy free cash flow
ConocoPhillips & Valero Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.