Delek US Holdings, Inc. (DK) vs World Kinect Corporation (WKC)

Delek US Holdings, Inc. and World Kinect Corporation are both Oil & Gas Refining & Marketing companies. Delek US Holdings, Inc. is the larger, with a market value of $4.7B against $1.9B — 2.5× the size. World Kinect Corporation has negative trailing earnings, so its P/E is not meaningful; Delek US Holdings, Inc. trades at 20.2×. Delek US Holdings, Inc. grew revenue faster over the last twelve months: 11.4% against 7.61%. Delek US Holdings, Inc. has the higher net margin (1.86% vs −0.43%) and the higher return on invested capital (12.2% vs −2.02%). Both pay a dividend; World Kinect Corporation yields more (2.36% vs 1.37%). Across the 21 metrics below, Delek US Holdings, Inc. leads on 13 and World Kinect Corporation on 8.

Valuation

Metric DK WKC Oil & Gas Refining & Marketing median
P/E 20.25 n/m 15.70
P/S 0.38 0.04 0.44
P/B 10.81 1.48 2.02
Price to free cash flow 6.80 95.97 9.62
EV/EBITDA 7.10 9.12 8.04
EV/Sales 0.59 0.06 0.58
Earnings yield 4.94% (8.77%) 5.81%
Free cash flow yield 14.72% 1.04% 9.15%

Profitability

Metric DK WKC Oil & Gas Refining & Marketing median
Gross margin 7.12% 2.69% 12.22%
Operating margin 4.84% (0.15%) 5.35%
Net margin 1.86% (0.43%) 2.08%
Free cash flow margin 5.58% 0.05% 4.25%
Return on equity 62.57% (12.49%) 11.39%
Return on assets 3.07% (2.83%) 5.22%
Return on invested capital 12.22% (2.02%) 11.54%

Growth

Metric DK WKC Oil & Gas Refining & Marketing median
Revenue growth (TTM) 11.40% 7.61% 13.37%
EPS growth (last fiscal year) 95.67% (1,072.57%) 31.15%
Revenue growth, 5-year CAGR 7.99% 12.64% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DK WKC Oil & Gas Refining & Marketing median
Debt to equity 7.55 0.59 0.44
Current ratio 0.76 1.06 1.32
Net debt to EBITDA 3.73 1.81 2.07

Dividend

Metric DK WKC Oil & Gas Refining & Marketing median
Dividend yield 1.37% 2.36% 1.80%
Payout ratio 0.29 — 0.35

Size

Metric DK WKC Oil & Gas Refining & Marketing median
Market cap 4.69b 1.90b 4.69b

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