CVR Energy Inc. (CVI) vs Phillips 66 (PSX)

CVR Energy Inc. and Phillips 66 are both Oil & Gas Refining & Marketing companies. Phillips 66 is the larger, with a market value of $115.4B against $6.2B — 18.6× the size. Phillips 66 trades at the lower P/E: 16.7× against 90.3×. CVR Energy Inc. grew revenue faster over the last twelve months: 17.9% against 14.4%. Phillips 66 has the higher net margin (4.66% vs 0.81%) and the lower return on invested capital (11.1% vs 12.3%). Both pay a dividend; Phillips 66 yields more (1.71% vs 0.93%). Across the 22 metrics below, Phillips 66 leads on 12 and CVR Energy Inc. on 10.

Valuation

Metric CVI PSX Oil & Gas Refining & Marketing median
P/E 90.32 16.66 16.35
P/S 0.73 0.77 0.44
P/B 8.30 3.60 2.05
Price to free cash flow 17.10 18.41 9.98
EV/EBITDA 9.29 11.60 8.04
EV/Sales 0.85 0.88 0.59
Earnings yield 1.11% 6.00% 5.71%
Free cash flow yield 5.85% 5.43% 9.13%

Profitability

Metric CVI PSX Oil & Gas Refining & Marketing median
Gross margin 6.10% 13.10% 12.22%
Operating margin 4.12% 5.74% 5.35%
Net margin 0.81% 4.66% 2.08%
Free cash flow margin 4.26% 4.20% 4.25%
Return on equity 9.79% 23.13% 11.39%
Return on assets 1.71% 8.99% 5.22%
Return on invested capital 12.27% 11.10% 11.54%

Growth

Metric CVI PSX Oil & Gas Refining & Marketing median
Revenue growth (TTM) 17.89% 14.44% 13.37%
EPS growth (last fiscal year) 350.00% 116.23% 31.15%
Revenue growth, 5-year CAGR 12.75% 15.60% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVI PSX Oil & Gas Refining & Marketing median
Debt to equity 2.38 0.63 0.44
Current ratio 1.42 1.32 1.32
Net debt to EBITDA 2.08 2.07 2.07

Dividend

Metric CVI PSX Oil & Gas Refining & Marketing median
Dividend yield 0.93% 1.71% 1.71%
Payout ratio 0.84 0.29 0.35

Size

Metric CVI PSX Oil & Gas Refining & Marketing median
Market cap 6.20b 115.40b 4.71b

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