HF Sinclair Corporation (DINO) vs Delek Logistics Partners, L.P. (DKL)

HF Sinclair Corporation and Delek Logistics Partners, L.P. are both Oil & Gas Refining & Marketing companies. HF Sinclair Corporation is the larger, with a market value of $16.8B against $3.0B — 5.7× the size. HF Sinclair Corporation trades at the lower P/E: 4.9× against 17.9×. Delek Logistics Partners, L.P. grew revenue faster over the last twelve months: 35.5% against 29.5%. Delek Logistics Partners, L.P. has the higher net margin (11.9% vs 10.1%) and the higher return on invested capital (132.3% vs 26.1%). Both pay a dividend; Delek Logistics Partners, L.P. yields more (11.0% vs 2.08%). Across the 23 metrics below, HF Sinclair Corporation leads on 14 and Delek Logistics Partners, L.P. on 9.

Valuation

Metric DINO DKL Oil & Gas Refining & Marketing median
P/E 4.92 17.91 7.77
P/S 0.49 2.18 0.31
P/B 1.45 20.48 1.82
Price to free cash flow 5.35 11.43 5.68
EV/EBITDA 2.99 15.97 4.82
EV/Sales 0.49 3.99 0.44
Earnings yield 20.34% 5.58% 11.67%
Free cash flow yield 18.69% 8.75% 15.57%

Profitability

Metric DINO DKL Oil & Gas Refining & Marketing median
Gross margin 24.57% 16.57% 15.04%
Operating margin 13.48% 14.64% 9.16%
Net margin 10.05% 11.90% 3.96%
Free cash flow margin 9.19% 34.87% 7.06%
Return on equity 32.92% 198.55% 24.84%
Return on assets 18.45% 5.50% 6.65%
Return on invested capital 26.14% 132.32% 20.02%

Growth

Metric DINO DKL Oil & Gas Refining & Marketing median
Revenue growth (TTM) 29.47% 35.46% 27.30%
EPS growth (last fiscal year) 238.46% 10.37% 37.92%
Revenue growth, 5-year CAGR 19.16% 12.46% 13.17%
Net income growth, 5-year CAGR 0.00% 4.66% 0.00%

Health

Metric DINO DKL Oil & Gas Refining & Marketing median
Debt to equity 0.24 0.00 0.48
Current ratio 2.27 0.85 1.33
Net debt to EBITDA 0.98 7.63 2.07

Dividend

Metric DINO DKL Oil & Gas Refining & Marketing median
Dividend yield 2.08% 10.99% 2.25%
Payout ratio 0.10 1.97 0.19

Size

Metric DINO DKL Oil & Gas Refining & Marketing median
Market cap 16.75b 2.96b 3.74b

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