DK · Delek US Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.65B | - | $2.89B | $2.76B | $2.64B | - | $3.04B | $3.42B | $3.23B | - |
| Cost of Revenue | $2.78B | - | $2.49B | $2.71B | $2.71B | - | $3.06B | $3.37B | $3.10B | - |
| Gross Profit | ($130.20M) | - | $397.70M | $52.20M | ($63.70M) | - | ($20.20M) | $56.50M | $130.10M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $44.00M | - | $76.80M | $76.60M | $61.50M | - | $70.40M | $63.10M | $64.40M | - |
| Total Operating Expenses | $2.83B | - | $2.59B | $2.80B | $2.77B | - | $3.16B | $3.41B | $3.19B | - |
| D&A | $103.30M | - | $101.30M | $94.10M | $101.30M | - | $98.10M | $92.10M | $95.20M | - |
| Operating Income | ($179.30M) | - | $295.70M | ($33.50M) | ($125.80M) | - | ($121.90M) | $13.50M | $32.70M | - |
| Interest Expense | - | - | - | - | - | - | - | $15.00M | $16.50M | - |
| Income Tax | ($58.20M) | - | $39.90M | ($14.10M) | ($36.80M) | - | ($40.30M) | ($7.70M) | ($7.20M) | - |
| Net Income | ($201.30M) | - | $178.00M | ($106.40M) | ($172.70M) | - | ($76.80M) | ($37.20M) | ($32.60M) | - |
| EPS - Basic | ($3.34) | - | $2.96 | ($1.76) | ($2.78) | - | ($1.20) | ($0.58) | ($0.51) | - |
| EPS - Diluted | ($3.34) | - | $2.93 | ($1.76) | ($2.78) | - | ($1.20) | ($0.58) | ($0.51) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $624.10M | $625.80M | $630.90M | $615.50M | $623.80M | $735.60M | $1.04B | $657.90M | $753.40M | $822.20M |
| Accounts Receivable | $942.70M | $648.70M | $667.20M | $743.40M | $648.80M | $617.60M | $561.60M | $771.40M | $831.70M | $783.70M |
| Inventory | $931.00M | $726.00M | $769.30M | $860.90M | $852.50M | $893.20M | $915.00M | $1.01B | $1.04B | $981.90M |
| Accounts Payable | $2.31B | $1.63B | $1.76B | $1.90B | $1.83B | $1.81B | $1.71B | $1.86B | $1.73B | $1.81B |
| Current Assets | $2.65B | $2.07B | $2.35B | $2.32B | $2.21B | $2.33B | $2.56B | $2.50B | $2.71B | $2.67B |
| Total Assets | $7.57B | $6.85B | $7.08B | $7.07B | $6.88B | $6.67B | $7.03B | $6.94B | $7.18B | $7.17B |
| Current Liabilities | $3.49B | $2.53B | $2.72B | $2.91B | $2.59B | $2.52B | $2.47B | $2.56B | $2.61B | $2.69B |
| Long-term Debt | $3.17B | $3.22B | $3.17B | $3.09B | $3.03B | $2.76B | $2.78B | $2.45B | $2.48B | $2.56B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $302.00M | $547.30M | $444.80M | $294.90M | $429.40M | $575.20M | $875.40M | $982.80M | $1.04B | $959.70M |
| Retained Earnings | ($528.60M) | ($311.10M) | ($363.10M) | ($519.80M) | ($395.40M) | ($205.70M) | $228.50M | $328.10M | $381.50M | $430.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $461.10M | - | - | - | ($62.40M) | - | - | - | $166.70M | - |
| Investing Cash Flow | ($190.30M) | - | - | - | ($314.60M) | - | - | - | ($41.60M) | - |
| Financing Cash Flow | ($272.50M) | - | - | - | $265.20M | - | - | - | ($193.90M) | - |
| CapEx | $187.70M | - | - | - | $135.70M | - | - | - | $47.30M | - |
| Free Cash Flow | $273.40M | - | - | - | ($198.10M) | - | - | - | $119.40M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -4.9% | - | 13.8% | 1.9% | -2.4% | - | -0.7% | 1.7% | 4.0% | - |
| Operating margin | -6.8% | - | 10.2% | -1.2% | -4.8% | - | -4.0% | 0.4% | 1.0% | - |
| EBITDA margin | -2.9% | - | 13.8% | 2.2% | -0.9% | - | -0.8% | 3.1% | 4.0% | - |
| Net margin | -7.6% | - | 6.2% | -3.8% | -6.5% | - | -2.5% | -1.1% | -1.0% | - |
| Free cash flow margin | 10.3% | - | - | - | -7.5% | - | - | - | 3.7% | - |
| FCF / Net income | -1.36 | - | - | - | 1.15 | - | - | - | -3.66 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 1.7% | - | 2.7% | 2.8% | 2.3% | - | 2.3% | 1.8% | 2.0% | - |
| Effective tax rate | - | - | 18.3% | - | - | - | - | - | - | - |
| Return on assets | -2.7% | - | 2.5% | -1.5% | -2.5% | - | -1.1% | -0.5% | -0.5% | - |
| Return on equity | -66.7% | - | 40.0% | -36.1% | -40.2% | - | -8.8% | -3.8% | -3.1% | - |
| Return on invested capital | -4.1% | - | 6.7% | -0.8% | -2.9% | - | -2.6% | 0.3% | 0.7% | - |
| Liquidity | ||||||||||
| Current ratio | 0.76 | 0.82 | 0.86 | 0.80 | 0.85 | 0.93 | 1.04 | 0.98 | 1.04 | 0.99 |
| Quick ratio | 0.49 | 0.53 | 0.58 | 0.50 | 0.53 | 0.57 | 0.67 | 0.58 | 0.64 | 0.63 |
| Cash ratio | 0.18 | 0.25 | 0.23 | 0.21 | 0.24 | 0.29 | 0.42 | 0.26 | 0.29 | 0.31 |
| Leverage | ||||||||||
| Debt / Equity | 10.51 | 5.89 | 7.12 | 10.48 | 7.05 | 4.79 | 3.18 | 2.50 | 2.40 | 2.66 |
| Debt / Assets | 0.42 | 0.47 | 0.45 | 0.44 | 0.44 | 0.41 | 0.40 | 0.35 | 0.35 | 0.36 |
| Debt / EBITDA | - | - | 7.98 | 51.01 | - | - | - | 23.22 | 19.41 | - |
| Interest coverage | - | - | - | - | - | - | - | 0.9x | 2.0x | - |
| Equity multiplier | 25.07 | 12.51 | 15.92 | 23.97 | 16.03 | 11.59 | 8.03 | 7.07 | 6.94 | 7.47 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.35 | - | 0.41 | 0.39 | 0.38 | - | 0.43 | 0.49 | 0.45 | - |
| Inventory turnover | 2.99 | - | 3.24 | 3.15 | 3.17 | - | 3.35 | 3.33 | 2.98 | - |
| Days sales outstanding | 130d | - | 84d | 98d | 90d | - | 67d | 82d | 94d | - |
| Days inventory outstanding | 122d | - | 113d | 116d | 115d | - | 109d | 110d | 122d | - |
| Days payable outstanding | 303d | - | 257d | 256d | 247d | - | 204d | 202d | 204d | - |
| Cash conversion cycle | -51d | - | -60d | -42d | -43d | - | -28d | -10d | 12d | - |
| Valuation | ||||||||||
| P / E | - | - | 11.0x | - | - | - | - | - | - | - |
| P / B | 9.0x | - | 4.4x | 4.3x | 2.2x | - | 1.4x | 1.6x | 1.9x | - |
| P / S | 1.0x | - | 0.7x | 0.5x | 0.4x | - | 0.4x | 0.5x | 0.6x | - |
| EV / EBITDA | - | - | 11.3x | 62.0x | - | - | - | 32.0x | 28.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.4% | - | -5.1% | -19.2% | -18.1% | - | -35.9% | -18.4% | -17.8% | - |
| Revenue CAGR (3y) | -12.2% | - | -18.5% | -22.7% | -16.0% | - | 1.0% | 16.0% | 10.5% | - |
| Revenue CAGR (5y) | 2.1% | - | 7.0% | 12.5% | 7.7% | - | 5.4% | 6.6% | 8.0% | - |
| Gross profit growth (YoY) | -104.4% | - | - | -7.6% | - | - | - | -64.2% | -45.1% | - |
| Operating income growth (YoY) | -42.5% | - | - | - | - | - | - | -73.1% | -77.1% | - |
| Net income growth (YoY) | -16.6% | - | - | -186.0% | -429.8% | - | - | -348.2% | - | - |
| EPS growth (YoY) | -20.1% | - | - | -203.4% | -445.1% | - | - | -346.2% | - | - |
| EPS CAGR (3y) | - | - | 208.3% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | -35.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | 66.3% | - |
| Book value growth (YoY) | -29.7% | -4.9% | -49.2% | -70.0% | -58.5% | -40.1% | -24.3% | -7.5% | -7.9% | -10.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$10.72B totalRefining$10.21B · 95.2%
Logistics$513.80M · 4.8%
Peer comparison
Same SIC group: Petroleum Refining
Comparing Delek US Holdings against the 5 most active filers in the same SIC group.
Dividends
$1.02/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 1, 2026 | $0.2550 |
| Mar 2, 2026 | $0.2550 |
| Nov 10, 2025 | $0.2550 |
| Aug 11, 2025 | $0.2550 |
| May 12, 2025 | $0.2550 |
| Mar 3, 2025 | $0.2550 |
| Nov 12, 2024 | $0.2550 |
| Aug 12, 2024 | $0.2550 |
| May 16, 2024 | $0.2500 |
| Feb 29, 2024 | $0.2450 |
| Nov 10, 2023 | $0.2400 |
| Aug 11, 2023 | $0.2350 |
| May 12, 2023 | $0.2300 |
| Mar 9, 2023 | $0.2200 |
| Nov 17, 2022 | $0.2100 |
| Aug 19, 2022 | $0.2000 |
| Jul 11, 2022 | $0.2000 |
| Aug 18, 2020 | $0.3100 |
| May 19, 2020 | $0.3100 |
| Mar 9, 2020 | $0.3100 |
| Nov 15, 2019 | $0.3000 |
| Aug 16, 2019 | $0.2900 |
| May 17, 2019 | $0.2800 |
| Mar 4, 2019 | $0.2700 |