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 $115.4B against $10.3B — 11.2× the size. PBF Energy Inc. trades at the lower P/E: 7.4× against 16.7×. 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 (1.71% vs 1.30%). 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 7.36 16.66 16.35
P/S 0.29 0.77 0.44
P/B 1.53 3.60 2.05
Price to free cash flow 10.96 18.41 9.98
EV/EBITDA 4.32 11.60 8.04
EV/Sales 0.33 0.88 0.59
Earnings yield 13.59% 6.00% 5.71%
Free cash flow yield 9.13% 5.43% 9.13%

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% 31.15%
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 1.30% 1.71% 1.71%
Payout ratio 0.10 0.29 0.35

Size

Metric PBF PSX Oil & Gas Refining & Marketing median
Market cap 10.31b 115.40b 4.71b

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