Delek Logistics Partners, L.P. (DKL) vs Icahn Enterprises L.P. (IEP)

Delek Logistics Partners, L.P. and Icahn Enterprises L.P. are both Oil & Gas Refining & Marketing companies. Icahn Enterprises L.P. is the larger, with a market value of $4.7B against $3.2B — 1.5× the size. Icahn Enterprises L.P. has negative trailing earnings, so its P/E is not meaningful; Delek Logistics Partners, L.P. trades at 20.0×. Delek Logistics Partners, L.P. grew revenue faster over the last twelve months: 30.3% against 10.6%. Delek Logistics Partners, L.P. has the higher net margin (12.9% vs −4.86%) and the higher return on invested capital (4.97% vs 1.84%). Both pay a dividend; Icahn Enterprises L.P. yields more (30.2% vs 7.86%). Across the 20 metrics below, Delek Logistics Partners, L.P. leads on 12 and Icahn Enterprises L.P. on 8.

Valuation

Metric DKL IEP Oil & Gas Refining & Marketing median
P/E 19.99 n/m 16.35
P/S 2.54 0.42 0.44
P/B n/m 2.07 2.05
Price to free cash flow 25.84 n/m 9.98
EV/EBITDA 16.66 8.60 8.04
EV/Sales 4.55 0.58 0.59
Earnings yield 5.00% (11.16%) 5.71%
Free cash flow yield 3.87% (5.66%) 9.13%

Profitability

Metric DKL IEP Oil & Gas Refining & Marketing median
Gross margin 17.58% 14.49% 12.22%
Operating margin 15.32% 1.07% 5.35%
Net margin 12.85% (4.86%) 2.08%
Free cash flow margin 9.84% (2.37%) 4.25%
Return on equity (826.14%) (18.50%) 11.39%
Return on assets 5.48% (3.71%) 5.22%
Return on invested capital 4.97% 1.84% 11.54%

Growth

Metric DKL IEP Oil & Gas Refining & Marketing median
Revenue growth (TTM) 30.33% 10.62% 13.37%
EPS growth (last fiscal year) 10.37% 44.68% 31.15%
Revenue growth, 5-year CAGR 12.46% 9.54% 12.77%
Net income growth, 5-year CAGR 4.66% 0.00% 0.00%

Health

Metric DKL IEP Oil & Gas Refining & Marketing median
Debt to equity (34.54) 2.98 0.44
Current ratio 0.96 2.87 1.32
Net debt to EBITDA 7.63 1.12 2.07

Dividend

Metric DKL IEP Oil & Gas Refining & Marketing median
Dividend yield 7.86% 30.17% 1.71%
Payout ratio 1.57 — 0.35

Size

Metric DKL IEP Oil & Gas Refining & Marketing median
Market cap 3.23b 4.72b 4.71b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack