CVR Energy Inc. (CVI) vs Icahn Enterprises L.P. (IEP)

CVR Energy Inc. and Icahn Enterprises L.P. are both Oil & Gas Refining & Marketing companies. CVR Energy Inc. and Icahn Enterprises L.P. are of similar size ($4.0B and $3.7B). Icahn Enterprises L.P. has negative trailing earnings, so its P/E is not meaningful; CVR Energy Inc. trades at 14.8×. CVR Energy Inc. grew revenue faster over the last twelve months: 34.4% against 16.1%. CVR Energy Inc. has the higher net margin (2.70% vs −9.20%) and the higher return on invested capital (20.1% vs 0.00%). Both pay a dividend; Icahn Enterprises L.P. yields more (42.1% vs 1.51%). Across the 20 metrics below, CVR Energy Inc. leads on 16 and Icahn Enterprises L.P. on 4.

Valuation

Metric CVI IEP Oil & Gas Refining & Marketing median
P/E 14.77 n/m 7.77
P/S 0.39 0.31 0.31
P/B 3.03 2.18 1.82
Price to free cash flow 4.59 n/m 5.68
EV/EBITDA 4.57 7.25 4.82
EV/Sales 0.44 0.47 0.44
Earnings yield 6.77% (32.42%) 11.67%
Free cash flow yield 21.80% (1.47%) 15.57%

Profitability

Metric CVI IEP Oil & Gas Refining & Marketing median
Gross margin 7.54% 0.00% 15.04%
Operating margin 5.72% 0.00% 9.16%
Net margin 2.70% (9.20%) 3.96%
Free cash flow margin 8.45% 2.79% 7.06%
Return on equity 23.06% (40.79%) 24.84%
Return on assets 6.04% (7.68%) 6.65%
Return on invested capital 20.06% 0.00% 20.02%

Growth

Metric CVI IEP Oil & Gas Refining & Marketing median
Revenue growth (TTM) 34.42% 16.07% 27.30%
EPS growth (last fiscal year) 350.00% 44.68% 37.92%
Revenue growth, 5-year CAGR 12.75% 9.54% 13.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVI IEP Oil & Gas Refining & Marketing median
Debt to equity 1.41 4.07 0.48
Current ratio 1.73 0.00 1.33
Net debt to EBITDA 2.08 1.12 2.07

Dividend

Metric CVI IEP Oil & Gas Refining & Marketing median
Dividend yield 1.51% 42.11% 2.25%
Payout ratio 0.22 — 0.19

Size

Metric CVI IEP Oil & Gas Refining & Marketing median
Market cap 4.01b 3.65b 3.74b

Compare with another peer

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