Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 28.85% is 34% above its 5-year average of 21.52%, around the middle of its 5-year range (-7.73%–54.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 119.10% above its 12-month average of 13.17%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 28.85%.
RETURN ON EQUITY (ROE)
28.85%
RETURN ON EQUITY (ROE) AVG TTM
13.17%
RETURN ON EQUITY (ROE) AVG 3Y
20.25%
RETURN ON EQUITY (ROE) AVG 5Y
21.52%
RETURN ON EQUITY (ROE) AVG 10Y
13.46%
RETURN ON EQUITY (ROE) AVG 15Y
13.17%
RETURN ON EQUITY (ROE) AVG 20Y
13.39%
CURRENT VS TTM AVG
+119.10%
CURRENT VS 3Y AVG
+42.46%
CURRENT VS 5Y AVG
+34.03%
CURRENT VS 10Y AVG
+114.31%
CURRENT VS 15Y AVG
+119.08%
CURRENT VS 20Y AVG
+115.47%
SECTOR MEDIAN · ENERGY
15.95%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+80.86%
vs the sector median at left
Valero Energy Corporation
Market Cap
$111.99B
Return on Equity (ROE)
28.85%
TTM Avg
13.17%
3Y Avg
20.25%
5Y Avg
21.52%
Market Cap
$116.61B
Return on Equity (ROE)
44.84%
TTM Avg
21.39%
3Y Avg
33.71%
5Y Avg
21.29%
Market Cap
$107.10B
Return on Equity (ROE)
25.60%
TTM Avg
19.94%
3Y Avg
22.30%
5Y Avg
18.04%
Market Cap
$104.56B
Return on Equity (ROE)
22.51%
TTM Avg
11.43%
3Y Avg
20.78%
5Y Avg
11.50%
Market Cap
$91.92B
Return on Equity (ROE)
23.30%
TTM Avg
19.16%
3Y Avg
20.45%
5Y Avg
16.14%
Market Cap
$85.07B
Return on Equity (ROE)
20.81%
TTM Avg
20.05%
3Y Avg
20.18%
5Y Avg
19.09%
Market Cap
$81.50B
Return on Equity (ROE)
18.80%
TTM Avg
13.32%
3Y Avg
17.22%
5Y Avg
11.34%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Valero Energy Corporation (VLO) | $111.99B | 28.85% | 13.17% | 20.25% | 21.52% |
| Marathon Petroleum Corporation (MPC)vs › | $116.61B | 44.84% | 21.39% | 33.71% | 21.29% |
| Canadian Natural Resources Limited (CNQ)vs › | $107.10B | 25.60% | 19.94% | 22.30% | 18.04% |
| Phillips 66 (PSX)vs › | $104.56B | 22.51% | 11.43% | 20.78% | 11.50% |
| The Williams Companies, Inc. (WMB)vs › | $91.92B | 23.30% | 19.16% | 20.45% | 16.14% |
| Enterprise Products Partners L.P. (EPD)vs › | $85.07B | 20.81% | 20.05% | 20.18% | 19.09% |
| Slb N.V. (SLB)vs › | $84.67B | 11.80% | 16.97% | 18.55% | -0.02% |
| Suncor Energy Inc. (SU)vs › | $81.50B | 18.80% | 13.32% | 17.22% | 11.34% |
| Eni S.p.A. (E)vs › | $81.22B | 10.34% | 5.78% | 12.35% | 6.85% |
| EOG Resources, Inc. (EOG)vs › | $78.30B | 21.58% | 19.26% | 24.21% | 19.15% |
ROE
28.8%
ROA
11.2%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 28.85% |
| 2026-03-31 | 17.62% |
| 2025-12-31 | 9.90% |
| 2025-09-30 | 6.29% |
| 2025-06-30 | 3.17% |
| 2025-03-31 | 3.96% |
| 2024-12-31 | 11.30% |
| 2024-09-30 | 14.62% |
| 2024-06-30 | 23.38% |
| 2024-03-31 | 26.91% |
| 2023-12-31 | 33.53% |
| 2023-09-30 | 41.37% |
| 2023-06-30 | 42.32% |
| 2023-03-31 | 54.81% |
| 2022-12-31 | 48.93% |
| 2022-09-30 | 43.01% |
| 2022-06-30 | 33.72% |
| 2022-03-31 | 13.49% |
| 2021-12-31 | 5.05% |
| 2021-09-30 | -2.51% |
| 2021-06-30 | -7.73% |
| 2021-03-31 | -1.54% |
| 2020-12-31 | -7.56% |
| 2020-09-30 | -0.01% |
| 2020-06-30 | 5.40% |
| 2020-03-31 | 2.28% |
| 2019-12-31 | 11.11% |
| 2019-09-30 | 10.96% |
| 2019-06-30 | 12.00% |
| 2019-03-31 | 13.11% |
| 2018-12-31 | 14.41% |
| 2018-09-30 | 20.73% |
| 2018-06-30 | 20.79% |
| 2018-03-31 | 19.33% |
| 2017-12-31 | 18.48% |
| 2017-09-30 | 10.12% |
| 2017-06-30 | 9.20% |
| 2017-03-31 | 10.59% |
| 2016-12-31 | 11.43% |
| 2016-09-30 | 10.91% |
| 2016-06-30 | 14.50% |
| 2016-03-31 | 17.05% |
| 2015-12-31 | 19.44% |
| 2015-09-30 | 22.73% |
| 2015-06-30 | 21.11% |
| 2015-03-31 | 18.13% |
| 2014-12-31 | 17.56% |
| 2014-09-30 | 18.31% |
| 2014-06-30 | 14.92% |
| 2014-03-31 | 14.53% |
| 2013-12-31 | 13.98% |
| 2013-09-30 | 13.37% |
| 2013-06-30 | 15.65% |
| 2013-03-31 | 17.28% |
| 2012-12-31 | 11.55% |
| 2012-09-30 | 6.45% |
| 2012-06-30 | 9.94% |
| 2012-03-31 | 9.78% |
| 2011-12-31 | 12.73% |
| 2011-09-30 | 9.65% |
| 2011-06-30 | 4.35% |
| 2011-03-31 | 3.51% |
| 2010-12-31 | 2.16% |
| 2010-09-30 | -4.19% |
| 2010-06-30 | -10.41% |
| 2010-03-31 | -16.39% |
| 2009-12-31 | -13.46% |
| 2009-09-30 | -24.24% |
| 2009-06-30 | -12.62% |
| 2009-03-31 | -6.85% |
| 2008-12-31 | -7.24% |
| 2008-09-30 | 16.84% |
| 2008-06-30 | 17.32% |
| 2008-03-31 | 24.94% |
| 2007-12-31 | 28.28% |
| 2007-09-30 | 27.28% |
| 2007-06-30 | 31.52% |
| 2007-03-31 | 29.69% |
| 2006-12-31 | 29.36% |
| 2006-09-30 | 31.97% |
| 2006-06-30 | 29.55% |
| 2006-03-31 | 25.36% |
| 2005-12-31 | 23.85% |
| 2005-09-30 | 19.79% |
| 2005-06-30 | 25.88% |
| 2005-03-31 | 26.14% |
| 2004-12-31 | 23.12% |
| 2004-09-30 | 20.03% |
| 2004-06-30 | 17.86% |
| 2004-03-31 | 10.86% |
| 2003-12-31 | 10.84% |
| 2003-09-30 | 10.40% |
| 2003-06-30 | 8.36% |