Valero Energy Corp (VLO) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Valero Energy Corp (VLO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Valero Energy Corp is a petroleum refining and marketing company. The company produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products as well as a slate of premium products. Valero Energy Corp has a market cap of $40.06 billion; its shares were traded at around $91.55 with a P/E ratio of 9.90 and P/S ratio of 0.47. The dividend yield of Valero Energy Corp stocks is 3.17%. Valero Energy Corp had annual average EBITDA growth of 5.70% over the past ten years.


For the last quarter Valero Energy Corp reported a revenue of $26.4 billion, compared with the revenue of $20.7 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $94 billion, an increase of 24.2% from last year. For the last five years Valero Energy Corp had an average revenue decline of 11.2% a year.

The reported diluted earnings per share was $9.16 for the year, an increase of 85.4% from previous year. Over the last five years Valero Energy Corp had an EPS growth rate of 14.1% a year. The Valero Energy Corp had an operating margin of 3.83%, compared with the operating margin of 4.72% a year before. The 10-year historical median operating margin of Valero Energy Corp is 3.28%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Valero Energy Corp has the cash and cash equivalents of $5.9 billion, compared with $4.8 billion in the previous year. The long term debt was $8.8 billion, compared with $7.9 billion in the previous year. The interest coverage to the debt is 7.7. Valero Energy Corp has a financial strength rank of 7 (out of 10).

At the current stock price of $91.55, Valero Energy Corp is traded at 158% premium to its historical median P/S valuation band of $35.48. The P/S ratio of the stock is 0.47, while the historical median P/S ratio is 0.18. The stock gained 42.28% during the past 12 months.

For the complete 20-year historical financial data of VLO, click here.

This article first appeared on GuruFocus.


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