CVR Energy Inc. (CVI) vs Delek US Holdings, Inc. (DK)

CVR Energy Inc. and Delek US Holdings, Inc. are both Oil & Gas Refining & Marketing companies. CVR Energy Inc. is the larger, with a market value of $5.2B against $4.1B — 1.3× the size. Delek US Holdings, Inc. trades at the lower P/E: 18.4× against 75.6×. CVR Energy Inc. grew revenue faster over the last twelve months: 17.9% against 11.4%. Delek US Holdings, Inc. has the higher net margin (1.86% vs 0.81%) and the lower return on invested capital (12.2% vs 12.3%). Both pay a dividend; CVR Energy Inc. yields more (10.5% vs 3.26%). Across the 22 metrics below, Delek US Holdings, Inc. leads on 13 and CVR Energy Inc. on 9.

Valuation

Metric CVI DK Oil & Gas Refining & Marketing median
P/E 75.65 18.43 15.04
P/S 0.61 0.35 0.41
P/B 6.95 9.84 1.87
Price to free cash flow 14.32 6.19 8.78
EV/EBITDA 8.00 6.69 7.94
EV/Sales 0.73 0.56 0.59
Earnings yield 1.32% 5.42% 6.15%
Free cash flow yield 6.98% 16.16% 10.47%

Profitability

Metric CVI DK Oil & Gas Refining & Marketing median
Gross margin 6.10% 7.12% 12.22%
Operating margin 4.12% 4.84% 5.35%
Net margin 0.81% 1.86% 2.08%
Free cash flow margin 4.26% 5.58% 4.25%
Return on equity 9.79% 62.57% 11.39%
Return on assets 1.71% 3.07% 5.22%
Return on invested capital 12.27% 12.22% 11.54%

Growth

Metric CVI DK Oil & Gas Refining & Marketing median
Revenue growth (TTM) 17.89% 11.40% 13.37%
EPS growth (last fiscal year) 350.00% 95.67% —
Revenue growth, 5-year CAGR 12.75% 7.99% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVI DK Oil & Gas Refining & Marketing median
Debt to equity 2.38 7.55 0.44
Current ratio 1.42 0.76 1.32
Net debt to EBITDA 2.08 3.73 2.07

Dividend

Metric CVI DK Oil & Gas Refining & Marketing median
Dividend yield 10.47% 3.26% 3.64%
Payout ratio 0.34 0.05 0.14

Size

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

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