CrossAmerica Partners LP (CAPL) vs Delek US Holdings, Inc. (DK)

CrossAmerica Partners LP and Delek US Holdings, Inc. are both Oil & Gas Refining & Marketing companies. Delek US Holdings, Inc. is the larger, with a market value of $3.8B against $752.4M — 5.1× the size. CrossAmerica Partners LP trades at the lower P/E: 15.9× against 17.0×. Delek US Holdings, Inc. grew revenue faster over the last twelve months: 11.4% against 9.12%. Delek US Holdings, Inc. has the higher net margin (1.86% vs 1.17%) and the higher return on invested capital (12.2% vs 11.5%). Both pay a dividend; CrossAmerica Partners LP yields more (10.6% vs 1.63%). Across the 22 metrics below, CrossAmerica Partners LP leads on 12 and Delek US Holdings, Inc. on 10.

Valuation

Metric CAPL DK Oil & Gas Refining & Marketing median
P/E 15.86 17.01 8.38
P/S 0.19 0.32 0.33
P/B n/m 9.08 1.70
Price to free cash flow 6.01 5.71 5.86
EV/EBITDA 8.11 6.37 4.96
EV/Sales 0.36 0.53 0.46
Earnings yield 6.31% 5.88% 9.67%
Free cash flow yield 16.64% 17.51% 15.55%

Profitability

Metric CAPL DK Oil & Gas Refining & Marketing median
Gross margin 10.26% 7.12% 10.93%
Operating margin 2.67% 4.84% 7.14%
Net margin 1.17% 1.86% 2.70%
Free cash flow margin 3.08% 5.58% 6.17%
Return on equity (45.97%) 62.57% 21.95%
Return on assets 4.83% 3.07% 5.76%
Return on invested capital 11.54% 12.22% 13.74%

Growth

Metric CAPL DK Oil & Gas Refining & Marketing median
Revenue growth (TTM) 9.12% 11.40% 26.02%
EPS growth (last fiscal year) 96.15% 95.67% 37.92%
Revenue growth, 5-year CAGR 13.64% 7.99% 13.17%
Net income growth, 5-year CAGR (18.28%) 0.00% 0.00%

Health

Metric CAPL DK Oil & Gas Refining & Marketing median
Debt to equity (6.16) 7.55 0.41
Current ratio 0.78 0.76 1.31
Net debt to EBITDA 3.63 3.73 2.07

Dividend

Metric CAPL DK Oil & Gas Refining & Marketing median
Dividend yield 10.60% 1.63% 2.20%
Payout ratio 1.69 0.29 0.25

Size

Metric CAPL DK Oil & Gas Refining & Marketing median
Market cap 752.39m 3.83b 3.91b

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