CrossAmerica Partners LP (CAPL) vs Star Group, L.P. (SGU)

CrossAmerica Partners LP and Star Group, L.P. are both Oil & Gas Refining & Marketing companies. CrossAmerica Partners LP is the larger, with a market value of $752.4M against $431.5M — 1.7× the size. Star Group, L.P. trades at the lower P/E: 7.0× against 15.9×. CrossAmerica Partners LP grew revenue faster over the last twelve months: 9.12% against 7.58%. Star Group, L.P. has the higher net margin (3.96% vs 1.17%) and the higher return on invested capital (16.0% vs 11.5%). Both pay a dividend; CrossAmerica Partners LP yields more (10.6% vs 5.91%). Across the 22 metrics below, Star Group, L.P. leads on 15 and CrossAmerica Partners LP on 7.

Valuation

Metric CAPL SGU Oil & Gas Refining & Marketing median
P/E 15.86 7.03 8.38
P/S 0.19 0.23 0.33
P/B n/m 1.11 1.70
Price to free cash flow 6.01 6.91 5.86
EV/EBITDA 8.11 3.35 4.96
EV/Sales 0.36 0.30 0.46
Earnings yield 6.31% 14.22% 9.67%
Free cash flow yield 16.64% 14.46% 15.55%

Profitability

Metric CAPL SGU Oil & Gas Refining & Marketing median
Gross margin 10.26% 31.79% 10.93%
Operating margin 2.67% 7.14% 7.14%
Net margin 1.17% 3.96% 2.70%
Free cash flow margin 3.08% 3.27% 6.17%
Return on equity (45.97%) 20.83% 21.95%
Return on assets 4.83% 7.67% 5.76%
Return on invested capital 11.54% 15.95% 13.74%

Growth

Metric CAPL SGU Oil & Gas Refining & Marketing median
Revenue growth (TTM) 9.12% 7.58% 26.02%
EPS growth (last fiscal year) 96.15% 102.22% 37.92%
Revenue growth, 5-year CAGR 13.64% 3.99% 13.17%
Net income growth, 5-year CAGR (18.28%) 5.09% 0.00%

Health

Metric CAPL SGU Oil & Gas Refining & Marketing median
Debt to equity (6.16) 0.44 0.41
Current ratio 0.78 0.87 1.31
Net debt to EBITDA 3.63 1.08 2.07

Dividend

Metric CAPL SGU Oil & Gas Refining & Marketing median
Dividend yield 10.60% 5.91% 2.20%
Payout ratio 1.69 0.42 0.25

Size

Metric CAPL SGU Oil & Gas Refining & Marketing median
Market cap 752.39m 431.47m 3.91b

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