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.

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Total return — SHEL vs VLO

growth of $100 · dividends reinvested · last 10y
SHEL +214.8% (+12.2%/yr)VLO +921.9% (+26.2%/yr)VLO compounded faster over this window
02004006008001kStart $10020182020202220242026$315$1,022
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

MetricSHELVLO
P/E ratio10.6516.16
Forward P/E8.568.89
P/S ratio0.910.84
P/B ratio1.494.49
EV / EBITDA5.248.84
FCF yield11.73%9.02%

Profitability

MetricSHELVLO
Gross margin17.12%11.33%
Operating margin12.28%7.53%
Net margin8.76%5.43%
ROE14.37%28.85%
ROIC7.87%16.52%

Dividends

MetricSHELVLO
Dividend yield3.12%1.22%
Payout ratio33.36%19.62%

Growth (annualized)

MetricSHELVLO
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.

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.