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 $101.3B against $5.2B — 19.6× the size. Phillips 66 trades at the lower P/E: 14.5× against 75.6×. 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; CVR Energy Inc. yields more (10.5% vs 2.97%). Across the 22 metrics below, CVR Energy Inc. leads on 11 and Phillips 66 on 11.

Valuation

Metric CVI PSX Oil & Gas Refining & Marketing median
P/E 75.65 14.51 15.04
P/S 0.61 0.67 0.41
P/B 6.95 3.14 1.87
Price to free cash flow 14.32 16.04 8.78
EV/EBITDA 8.00 10.29 7.94
EV/Sales 0.73 0.78 0.59
Earnings yield 1.32% 6.89% 6.15%
Free cash flow yield 6.98% 6.24% 10.47%

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% —
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 10.47% 2.97% 3.64%
Payout ratio 0.34 0.17 0.14

Size

Metric CVI PSX Oil & Gas Refining & Marketing median
Market cap 5.16b 101.31b 4.12b

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