Delek US Holdings, Inc. (DK) vs Phillips 66 (PSX)

Delek US Holdings, Inc. and Phillips 66 are both Oil & Gas Refining & Marketing companies. Phillips 66 is the larger, with a market value of $96.4B against $3.8B — 25.2× the size. Phillips 66 trades at the lower P/E: 7.9× against 17.0×. Phillips 66 grew revenue faster over the last twelve months: 27.5% against 11.4%. Phillips 66 has the higher net margin (7.48% vs 1.86%) and the higher return on invested capital (20.0% vs 12.2%). Both pay a dividend; Phillips 66 yields more (2.02% vs 1.63%). Across the 22 metrics below, Phillips 66 leads on 17 and Delek US Holdings, Inc. on 5.

Valuation

Metric DK PSX Oil & Gas Refining & Marketing median
P/E 17.01 7.87 8.38
P/S 0.32 0.59 0.33
P/B 9.08 2.77 1.70
Price to free cash flow 5.71 7.97 5.86
EV/EBITDA 6.37 6.17 4.96
EV/Sales 0.53 0.66 0.46
Earnings yield 5.88% 12.70% 9.67%
Free cash flow yield 17.51% 12.55% 15.55%

Profitability

Metric DK PSX Oil & Gas Refining & Marketing median
Gross margin 7.12% 15.08% 10.93%
Operating margin 4.84% 9.16% 7.14%
Net margin 1.86% 7.48% 2.70%
Free cash flow margin 5.58% 7.35% 6.17%
Return on equity 62.57% 39.56% 21.95%
Return on assets 3.07% 15.52% 5.76%
Return on invested capital 12.22% 19.98% 13.74%

Growth

Metric DK PSX Oil & Gas Refining & Marketing median
Revenue growth (TTM) 11.40% 27.46% 26.02%
EPS growth (last fiscal year) 95.67% 116.23% 37.92%
Revenue growth, 5-year CAGR 7.99% 15.60% 13.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DK PSX Oil & Gas Refining & Marketing median
Debt to equity 7.55 0.52 0.41
Current ratio 0.76 1.34 1.31
Net debt to EBITDA 3.73 2.07 2.07

Dividend

Metric DK PSX Oil & Gas Refining & Marketing median
Dividend yield 1.63% 2.02% 2.20%
Payout ratio 0.29 0.16 0.25

Size

Metric DK PSX Oil & Gas Refining & Marketing median
Market cap 3.83b 96.36b 3.91b

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