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 $96.4B against $8.3B — 11.6× the size. PBF Energy Inc. trades at the lower P/E: 3.0× against 7.9×. PBF Energy Inc. grew revenue faster over the last twelve months: 31.5% against 27.5%. Phillips 66 has the higher net margin (7.48% vs 6.98%) and the lower return on invested capital (20.0% vs 30.9%). Both pay a dividend; Phillips 66 yields more (2.02% vs 1.60%). Across the 22 metrics below, PBF Energy Inc. leads on 16 and Phillips 66 on 6.

Valuation

Metric PBF PSX Oil & Gas Refining & Marketing median
P/E 3.03 7.87 8.38
P/S 0.21 0.59 0.33
P/B 1.02 2.77 1.70
Price to free cash flow 3.15 7.97 5.86
EV/EBITDA 1.76 6.17 4.96
EV/Sales 0.20 0.66 0.46
Earnings yield 33.03% 12.70% 9.67%
Free cash flow yield 31.73% 12.55% 15.55%

Profitability

Metric PBF PSX Oil & Gas Refining & Marketing median
Gross margin 15.91% 15.08% 10.93%
Operating margin 9.78% 9.16% 7.14%
Net margin 6.98% 7.48% 2.70%
Free cash flow margin 6.76% 7.35% 6.17%
Return on equity 40.28% 39.56% 21.95%
Return on assets 17.92% 15.52% 5.76%
Return on invested capital 30.87% 19.98% 13.74%

Growth

Metric PBF PSX Oil & Gas Refining & Marketing median
Revenue growth (TTM) 31.51% 27.46% 26.02%
EPS growth (last fiscal year) 69.78% 116.23% 37.92%
Revenue growth, 5-year CAGR 14.18% 15.60% 13.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PBF PSX Oil & Gas Refining & Marketing median
Debt to equity 0.26 0.52 0.41
Current ratio 1.59 1.34 1.31
Net debt to EBITDA 2.71 2.07 2.07

Dividend

Metric PBF PSX Oil & Gas Refining & Marketing median
Dividend yield 1.60% 2.02% 2.20%
Payout ratio 0.05 0.16 0.25

Size

Metric PBF PSX Oil & Gas Refining & Marketing median
Market cap 8.29b 96.36b 3.91b

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