Icahn Enterprises L.P. (IEP) vs Marathon Petroleum Corporation (MPC)

Icahn Enterprises L.P. and Marathon Petroleum Corporation are both Oil & Gas Refining & Marketing companies. Marathon Petroleum Corporation is the larger, with a market value of $133.9B against $4.7B — 28.4× the size. Icahn Enterprises L.P. has negative trailing earnings, so its P/E is not meaningful; Marathon Petroleum Corporation trades at 16.4×. Marathon Petroleum Corporation grew revenue faster over the last twelve months: 15.0% against 10.6%. Marathon Petroleum Corporation has the higher net margin (5.57% vs −4.86%) and the higher return on invested capital (17.4% vs 1.84%). Both pay a dividend; Icahn Enterprises L.P. yields more (30.2% vs 0.84%). Across the 20 metrics below, Marathon Petroleum Corporation leads on 11 and Icahn Enterprises L.P. on 9.

Valuation

Metric IEP MPC Oil & Gas Refining & Marketing median
P/E n/m 16.41 16.35
P/S 0.42 0.90 0.44
P/B 2.07 5.37 2.05
Price to free cash flow n/m 9.94 9.98
EV/EBITDA 8.60 9.33 8.04
EV/Sales 0.58 1.06 0.59
Earnings yield (11.16%) 6.09% 5.71%
Free cash flow yield (5.66%) 10.06% 9.13%

Profitability

Metric IEP MPC Oil & Gas Refining & Marketing median
Gross margin 14.49% 12.50% 12.22%
Operating margin 1.07% 9.20% 5.35%
Net margin (4.86%) 5.57% 2.08%
Free cash flow margin (2.37%) 9.05% 4.25%
Return on equity (18.50%) 34.93% 11.39%
Return on assets (3.71%) 9.90% 5.22%
Return on invested capital 1.84% 17.40% 11.54%

Growth

Metric IEP MPC Oil & Gas Refining & Marketing median
Revenue growth (TTM) 10.62% 14.99% 13.37%
EPS growth (last fiscal year) 44.68% 31.15% 31.15%
Revenue growth, 5-year CAGR 9.54% 13.72% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IEP MPC Oil & Gas Refining & Marketing median
Debt to equity 2.98 1.28 0.44
Current ratio 2.87 1.25 1.32
Net debt to EBITDA 1.12 2.52 2.07

Dividend

Metric IEP MPC Oil & Gas Refining & Marketing median
Dividend yield 30.17% 0.84% 1.71%
Payout ratio — 0.14 0.35

Size

Metric IEP MPC Oil & Gas Refining & Marketing median
Market cap 4.72b 133.93b 4.71b

Compare with another peer

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