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 $16.8B against $4.0B — 4.2× the size. HF Sinclair Corporation trades at the lower P/E: 5.0× against 15.6×. CVR Energy Inc. grew revenue faster over the last twelve months: 34.4% against 29.5%. HF Sinclair Corporation has the higher net margin (10.1% vs 2.70%) and the higher return on invested capital (26.1% vs 20.1%). Both pay a dividend; HF Sinclair Corporation yields more (2.06% vs 1.43%). Across the 22 metrics below, HF Sinclair Corporation leads on 16 and CVR Energy Inc. on 6.

Valuation

Metric CVI DINO Oil & Gas Refining & Marketing median
P/E 15.61 5.00 8.38
P/S 0.41 0.50 0.33
P/B 3.20 1.47 1.70
Price to free cash flow 4.85 5.42 5.86
EV/EBITDA 4.79 3.03 4.96
EV/Sales 0.46 0.49 0.46
Earnings yield 6.41% 20.00% 9.67%
Free cash flow yield 20.63% 18.46% 15.55%

Profitability

Metric CVI DINO Oil & Gas Refining & Marketing median
Gross margin 7.54% 24.57% 10.93%
Operating margin 5.72% 13.48% 7.14%
Net margin 2.70% 10.05% 2.70%
Free cash flow margin 8.45% 9.19% 6.17%
Return on equity 23.06% 32.92% 21.95%
Return on assets 6.04% 18.45% 5.76%
Return on invested capital 20.06% 26.14% 13.74%

Growth

Metric CVI DINO Oil & Gas Refining & Marketing median
Revenue growth (TTM) 34.42% 29.47% 26.02%
EPS growth (last fiscal year) 350.00% 238.46% 37.92%
Revenue growth, 5-year CAGR 12.75% 19.16% 13.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVI DINO Oil & Gas Refining & Marketing median
Debt to equity 1.41 0.24 0.41
Current ratio 1.73 2.27 1.31
Net debt to EBITDA 2.08 0.98 2.07

Dividend

Metric CVI DINO Oil & Gas Refining & Marketing median
Dividend yield 1.43% 2.06% 2.20%
Payout ratio 0.22 0.10 0.25

Size

Metric CVI DINO Oil & Gas Refining & Marketing median
Market cap 4.01b 16.75b 3.91b

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