PBF Energy Inc. (PBF) vs Phillips 66 (PSX)

PBF Energy Inc. and Phillips 66 are both Oil & Gas Refining & Marketing companies. Phillips 66 is the larger, with a market value of $101.3B against $8.4B — 12.0× the size. PBF Energy Inc. trades at the lower P/E: 6.4× against 14.5×. Phillips 66 grew revenue faster over the last twelve months: 14.4% against 13.5%. Phillips 66 has the higher net margin (4.66% vs 3.94%) and the lower return on invested capital (11.1% vs 16.7%). Both pay a dividend; Phillips 66 yields more (2.97% vs 1.61%). Across the 22 metrics below, PBF Energy Inc. leads on 13 and Phillips 66 on 9.

Valuation

Metric PBF PSX Oil & Gas Refining & Marketing median
P/E 6.41 14.51 15.04
P/S 0.25 0.67 0.41
P/B 1.33 3.14 1.87
Price to free cash flow 9.55 16.04 8.78
EV/EBITDA 3.69 10.29 7.94
EV/Sales 0.28 0.78 0.59
Earnings yield 15.59% 6.89% 6.15%
Free cash flow yield 10.47% 6.24% 10.47%

Profitability

Metric PBF PSX Oil & Gas Refining & Marketing median
Gross margin 11.56% 13.10% 12.22%
Operating margin 5.78% 5.74% 5.35%
Net margin 3.94% 4.66% 2.08%
Free cash flow margin 2.66% 4.20% 4.25%
Return on equity 23.01% 23.13% 11.39%
Return on assets 9.77% 8.99% 5.22%
Return on invested capital 16.73% 11.10% 11.54%

Growth

Metric PBF PSX Oil & Gas Refining & Marketing median
Revenue growth (TTM) 13.54% 14.44% 13.37%
EPS growth (last fiscal year) 69.78% 116.23% —
Revenue growth, 5-year CAGR 14.18% 15.60% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PBF PSX Oil & Gas Refining & Marketing median
Debt to equity 0.27 0.63 0.44
Current ratio 1.33 1.32 1.32
Net debt to EBITDA 2.71 2.07 2.07

Dividend

Metric PBF PSX Oil & Gas Refining & Marketing median
Dividend yield 1.61% 2.97% 3.64%
Payout ratio 0.03 0.17 0.14

Size

Metric PBF PSX Oil & Gas Refining & Marketing median
Market cap 8.44b 101.31b 4.12b

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