CVR Energy Inc. (CVI) vs HF Sinclair Corporation (DINO)

CVR Energy Inc. and HF Sinclair Corporation are both Oil & Gas Refining & Marketing companies. HF Sinclair Corporation is the larger, with a market value of $18.8B against $5.2B — 3.6× the size. HF Sinclair Corporation trades at the lower P/E: 10.2× against 75.6×. CVR Energy Inc. grew revenue faster over the last twelve months: 17.9% against 16.3%. HF Sinclair Corporation has the higher net margin (6.08% vs 0.81%) and the higher return on invested capital (14.9% vs 12.3%). Both pay a dividend; CVR Energy Inc. yields more (10.5% vs 3.04%). Across the 22 metrics below, HF Sinclair Corporation leads on 18 and CVR Energy Inc. on 4.

Valuation

Metric CVI DINO Oil & Gas Refining & Marketing median
P/E 75.65 10.19 15.04
P/S 0.61 0.61 0.41
P/B 6.95 1.85 1.87
Price to free cash flow 14.32 8.54 8.78
EV/EBITDA 8.00 5.72 7.94
EV/Sales 0.73 0.64 0.59
Earnings yield 1.32% 9.81% 6.15%
Free cash flow yield 6.98% 11.71% 10.47%

Profitability

Metric CVI DINO Oil & Gas Refining & Marketing median
Gross margin 6.10% 20.08% 12.22%
Operating margin 4.12% 8.28% 5.35%
Net margin 0.81% 6.08% 2.08%
Free cash flow margin 4.26% 7.19% 4.25%
Return on equity 9.79% 19.29% 11.39%
Return on assets 1.71% 10.60% 5.22%
Return on invested capital 12.27% 14.88% 11.54%

Growth

Metric CVI DINO Oil & Gas Refining & Marketing median
Revenue growth (TTM) 17.89% 16.26% 13.37%
EPS growth (last fiscal year) 350.00% 238.46% —
Revenue growth, 5-year CAGR 12.75% 19.16% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVI DINO Oil & Gas Refining & Marketing median
Debt to equity 2.38 0.27 0.44
Current ratio 1.42 1.97 1.32
Net debt to EBITDA 2.08 0.98 2.07

Dividend

Metric CVI DINO Oil & Gas Refining & Marketing median
Dividend yield 10.47% 3.04% 3.64%
Payout ratio 0.34 0.14 0.14

Size

Metric CVI DINO Oil & Gas Refining & Marketing median
Market cap 5.16b 18.81b 4.12b

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