Delek US Holdings, Inc. (DK) vs Delek Logistics Partners, L.P. (DKL)

Delek US Holdings, Inc. and Delek Logistics Partners, L.P. are both Oil & Gas Refining & Marketing companies. Delek US Holdings, Inc. is the larger, with a market value of $3.8B against $3.0B — 1.3× the size. Delek US Holdings, Inc. trades at the lower P/E: 17.0× against 17.7×. Delek Logistics Partners, L.P. grew revenue faster over the last twelve months: 30.3% against 11.4%. Delek Logistics Partners, L.P. has the higher net margin (12.9% vs 1.86%) and the lower return on invested capital (4.97% vs 12.2%). Both pay a dividend; Delek Logistics Partners, L.P. yields more (11.1% vs 1.63%). Across the 22 metrics below, Delek US Holdings, Inc. leads on 11 and Delek Logistics Partners, L.P. on 11.

Valuation

Metric DK DKL Oil & Gas Refining & Marketing median
P/E 17.01 17.68 8.38
P/S 0.32 2.25 0.33
P/B 9.08 n/m 1.70
Price to free cash flow 5.71 22.86 5.86
EV/EBITDA 6.37 15.59 4.96
EV/Sales 0.53 4.26 0.46
Earnings yield 5.88% 5.66% 9.67%
Free cash flow yield 17.51% 4.37% 15.55%

Profitability

Metric DK DKL Oil & Gas Refining & Marketing median
Gross margin 7.12% 17.58% 10.93%
Operating margin 4.84% 15.32% 7.14%
Net margin 1.86% 12.85% 2.70%
Free cash flow margin 5.58% 9.84% 6.17%
Return on equity 62.57% (826.14%) 21.95%
Return on assets 3.07% 5.48% 5.76%
Return on invested capital 12.22% 4.97% 13.74%

Growth

Metric DK DKL Oil & Gas Refining & Marketing median
Revenue growth (TTM) 11.40% 30.33% 26.02%
EPS growth (last fiscal year) 95.67% 10.37% 37.92%
Revenue growth, 5-year CAGR 7.99% 12.46% 13.17%
Net income growth, 5-year CAGR 0.00% 4.66% 0.00%

Health

Metric DK DKL Oil & Gas Refining & Marketing median
Debt to equity 7.55 (34.54) 0.41
Current ratio 0.76 0.96 1.31
Net debt to EBITDA 3.73 7.63 2.07

Dividend

Metric DK DKL Oil & Gas Refining & Marketing median
Dividend yield 1.63% 11.13% 2.20%
Payout ratio 0.29 1.97 0.25

Size

Metric DK DKL Oil & Gas Refining & Marketing median
Market cap 3.83b 2.96b 3.91b

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