CrossAmerica Partners LP (CAPL) vs World Kinect Corporation (WKC)

CrossAmerica Partners LP and World Kinect Corporation are both Oil & Gas Refining & Marketing companies. World Kinect Corporation is the larger, with a market value of $1.8B against $824.9M — 2.2× the size. World Kinect Corporation has negative trailing earnings, so its P/E is not meaningful; CrossAmerica Partners LP trades at 15.6×. World Kinect Corporation grew revenue faster over the last twelve months: 7.61% against 0.29%. CrossAmerica Partners LP has the higher net margin (1.36% vs −0.43%) and the higher return on invested capital (11.5% vs −2.02%). Both pay a dividend; CrossAmerica Partners LP yields more (9.36% vs 2.42%). Across the 21 metrics below, CrossAmerica Partners LP leads on 14 and World Kinect Corporation on 7.

Valuation

Metric CAPL WKC Oil & Gas Refining & Marketing median
P/E 15.57 n/m 15.04
P/S 0.21 0.04 0.41
P/B n/m 1.45 1.87
Price to free cash flow 5.95 93.89 8.78
EV/EBITDA 8.15 8.97 7.94
EV/Sales 0.40 0.06 0.59
Earnings yield 6.42% (8.97%) 6.15%
Free cash flow yield 16.81% 1.07% 10.47%

Profitability

Metric CAPL WKC Oil & Gas Refining & Marketing median
Gross margin 10.94% 2.69% 12.22%
Operating margin 2.93% (0.15%) 5.35%
Net margin 1.36% (0.43%) 2.08%
Free cash flow margin 3.57% 0.05% 4.25%
Return on equity (54.75%) (12.49%) 11.39%
Return on assets 5.22% (2.83%) 5.22%
Return on invested capital 11.54% (2.02%) 11.54%

Growth

Metric CAPL WKC Oil & Gas Refining & Marketing median
Revenue growth (TTM) 0.29% 7.61% 13.37%
EPS growth (last fiscal year) 96.15% (1,072.57%) —
Revenue growth, 5-year CAGR 13.64% 12.64% 12.77%
Net income growth, 5-year CAGR (18.28%) 0.00% 0.00%

Health

Metric CAPL WKC Oil & Gas Refining & Marketing median
Debt to equity (6.77) 0.59 0.44
Current ratio 0.76 1.06 1.32
Net debt to EBITDA 3.63 1.81 2.07

Dividend

Metric CAPL WKC Oil & Gas Refining & Marketing median
Dividend yield 9.36% 2.42% 3.64%
Payout ratio — 0.29 0.14

Size

Metric CAPL WKC Oil & Gas Refining & Marketing median
Market cap 824.92m 1.84b 4.12b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack