Shell plc (SHEL) vs Valero Energy Corporation (VLO)
A side-by-side comparison of Shell plc and Valero Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
SHEL
Shell plc
$96.47EnergyDelayed quote: Sep 28, 2026, 4:00 PM EDT
VLO
Valero Energy Corporation
$389.57EnergyDelayed quote: Sep 28, 2026, 4:00 PM EDT
Total return — SHEL vs VLO
growth of $100 · dividends reinvested · last 10ySHEL +214.8% (+12.2%/yr)VLO +921.9% (+26.2%/yr)VLO compounded faster over this window
SHEL VLO
SHEL vs VLO: by the numbers
- •SHEL is the larger company ($268.97B vs $112.17B market cap).
- •SHEL trades at the lower trailing earnings multiple (10.65 vs 16.16 P/E), one valuation lens rather than an overall verdict.
- •SHEL converts more revenue to profit (8.76% vs 5.43% net margin).
- •VLO grew revenue faster over the past five years (10.43% vs 7.75% CAGR).
- •SHEL pays the higher dividend yield (3.12% vs 1.22%).
Metrics side by side
Valuation
| Metric | SHEL | VLO |
|---|---|---|
| P/E ratio | 10.65 | 16.16 |
| Forward P/E | 8.56 | 8.89 |
| P/S ratio | 0.91 | 0.84 |
| P/B ratio | 1.49 | 4.49 |
| EV / EBITDA | 5.24 | 8.84 |
| FCF yield | 11.73% | 9.02% |
Profitability
| Metric | SHEL | VLO |
|---|---|---|
| Gross margin | 17.12% | 11.33% |
| Operating margin | 12.28% | 7.53% |
| Net margin | 8.76% | 5.43% |
| ROE | 14.37% | 28.85% |
| ROIC | 7.87% | 16.52% |
Dividends
| Metric | SHEL | VLO |
|---|---|---|
| Dividend yield | 3.12% | 1.22% |
| Payout ratio | 33.36% | 19.62% |
Growth (annualized)
| Metric | SHEL | VLO |
|---|---|---|
| Revenue CAGR (5Y) | 7.75% | 10.43% |
| EPS CAGR (5Y) | 7.44% | 4.39% |
| FCF CAGR (5Y) | 8.90% | 75.39% |
| Total return CAGR (5Y) | 24.37% | 48.27% |
Frequently asked
- Which has the lower trailing P/E, SHEL or VLO?
- SHEL has the lower trailing P/E: SHEL trades at 10.65 and VLO at 16.16. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, SHEL or VLO?
- Over the past five years, VLO grew revenue faster — SHEL at a 7.75% CAGR versus VLO at 10.43%.
- Does SHEL or VLO pay a bigger dividend?
- SHEL yields 3.12% and VLO yields 1.22% based on trailing dividends and the latest price.
- Is SHEL or VLO more profitable?
- SHEL runs the higher net margin — SHEL at 8.76% versus VLO at 5.43%.
- How have SHEL and VLO total returns compared?
- Over the past 10 years, SHEL delivered 12.12% and VLO delivered 26.44% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Shell P/E ratioValero Energy P/E ratioShell dividend yieldValero Energy dividend yieldShell ROEValero Energy ROEShell operating marginValero Energy operating marginShell revenue growthValero Energy revenue growthShell free cash flowValero Energy free cash flow
Shell & 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 13, 2026.