Delek Logistics Partners, L.P. (DKL) vs Par Pacific Holdings, Inc. (PARR)

Delek Logistics Partners, L.P. and Par Pacific Holdings, Inc. are both Oil & Gas Refining & Marketing companies. Par Pacific Holdings, Inc. is the larger, with a market value of $3.4B against $3.0B — 1.2× the size. Par Pacific Holdings, Inc. trades at the lower P/E: 3.5× against 17.7×. Delek Logistics Partners, L.P. grew revenue faster over the last twelve months: 30.3% against 29.1%. Delek Logistics Partners, L.P. has the higher net margin (12.9% vs 9.81%) and the higher return on invested capital (4.97% vs 0.00%). Across the 21 metrics below, Par Pacific Holdings, Inc. leads on 15 and Delek Logistics Partners, L.P. on 6.

Valuation

Metric DKL PARR Oil & Gas Refining & Marketing median
P/E 17.68 3.54 8.38
P/S 2.25 0.35 0.33
P/B n/m 1.70 1.70
Price to free cash flow 22.86 3.26 5.86
EV/EBITDA 15.59 2.77 4.96
EV/Sales 4.26 0.41 0.46
Earnings yield 5.66% 28.22% 9.67%
Free cash flow yield 4.37% 30.65% 15.55%

Profitability

Metric DKL PARR Oil & Gas Refining & Marketing median
Gross margin 17.58% 22.19% 10.93%
Operating margin 15.32% 13.16% 7.14%
Net margin 12.85% 9.81% 2.70%
Free cash flow margin 9.84% 10.67% 6.17%
Return on equity (826.14%) 50.86% 21.95%
Return on assets 5.48% 20.46% 5.76%
Return on invested capital 4.97% 0.00% 13.74%

Growth

Metric DKL PARR Oil & Gas Refining & Marketing median
Revenue growth (TTM) 30.33% 29.06% 26.02%
EPS growth (last fiscal year) 10.37% 1,313.56% 37.92%
Revenue growth, 5-year CAGR 12.46% 19.02% 13.17%
Net income growth, 5-year CAGR 4.66% 0.00% 0.00%

Health

Metric DKL PARR Oil & Gas Refining & Marketing median
Debt to equity (34.54) 0.22 0.41
Current ratio 0.96 1.65 1.31
Net debt to EBITDA 7.63 0.95 2.07

Dividend

Metric DKL PARR Oil & Gas Refining & Marketing median
Dividend yield 11.13% — 2.20%
Payout ratio 1.97 — 0.25

Size

Metric DKL PARR Oil & Gas Refining & Marketing median
Market cap 2.96b 3.44b 3.91b

Compare with another peer

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