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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $10.72B | $11.85B | $16.92B | $20.25B | $10.65B | $7.30B |
| Cost of Revenue | $10.11B | $11.90B | $16.21B | $19.32B | $10.48B | $7.54B |
| Gross Profit | $612.10M | ($43.10M) | $712.00M | $924.60M | $171.80M | ($243.00M) |
| R&D | - | - | - | - | - | - |
| SG&A | $269.50M | $252.80M | $286.40M | $348.80M | $229.40M | $248.30M |
| Total Operating Expenses | $10.42B | $12.34B | $16.64B | $19.76B | $10.78B | $8.03B |
| D&A | $397.80M | $374.50M | $351.60M | $287.00M | $264.60M | $267.60M |
| Operating Income | $301.00M | ($491.50M) | $279.90M | $489.50M | ($130.40M) | ($728.00M) |
| Interest Expense | - | - | $61.40M | - | $137.20M | $129.00M |
| Income Tax | ($6.80M) | ($107.90M) | $5.10M | $63.90M | ($62.50M) | ($192.70M) |
| Net Income | ($22.80M) | ($560.40M) | $19.80M | $257.10M | ($203.50M) | ($608.00M) |
| EPS - Basic | ($0.38) | ($8.77) | $0.30 | $3.63 | ($2.75) | ($8.26) |
| EPS - Diluted | ($0.38) | ($8.77) | $0.30 | $3.59 | ($2.75) | ($8.26) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $625.80M | $735.60M | $822.20M | $841.30M | $856.50M | $787.50M |
| Accounts Receivable | $648.70M | $617.60M | $783.70M | $1.23B | $776.60M | $527.90M |
| Inventory | $726.00M | $893.20M | $981.90M | $1.52B | $1.18B | $727.70M |
| Accounts Payable | $1.63B | $1.81B | $1.81B | $1.75B | $1.70B | $1.14B |
| Current Assets | $2.07B | $2.33B | $2.67B | $3.72B | $2.94B | $2.30B |
| Total Assets | $6.85B | $6.67B | $7.17B | $8.19B | $6.73B | $6.13B |
| Current Liabilities | $2.53B | $2.52B | $2.69B | $3.09B | $3.13B | $1.90B |
| Long-term Debt | $3.22B | $2.76B | $2.56B | $2.98B | $2.13B | $2.31B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $547.30M | $575.20M | $959.70M | $1.07B | $947.50M | $1.13B |
| Retained Earnings | ($311.10M) | ($205.70M) | $430.00M | $507.90M | $318.20M | $522.00M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $535.80M | ($66.80M) | $1.01B | $425.30M | $371.40M | ($282.90M) |
| Investing Cash Flow | ($697.90M) | ($241.50M) | ($408.00M) | ($931.60M) | ($178.40M) | ($191.30M) |
| Financing Cash Flow | $52.30M | $221.70M | ($624.70M) | $491.10M | ($124.00M) | $306.40M |
| CapEx | $529.50M | $427.70M | $419.60M | $311.40M | $222.20M | $269.40M |
| Free Cash Flow | $6.30M | ($494.50M) | $594.00M | $113.90M | $149.20M | ($552.30M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 5.7% | -0.4% | 4.2% | 4.6% | 1.6% | -3.3% |
| Operating margin | 2.8% | -4.1% | 1.7% | 2.4% | -1.2% | -10.0% |
| EBITDA margin | 6.5% | -1.0% | 3.7% | 3.8% | 1.3% | -6.3% |
| Net margin | -0.2% | -4.7% | 0.1% | 1.3% | -1.9% | -8.3% |
| Free cash flow margin | 0.1% | -4.2% | 3.5% | 0.6% | 1.4% | -7.6% |
| FCF / Net income | -0.28 | 0.88 | 30.00 | 0.44 | -0.73 | 0.91 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 2.5% | 2.1% | 1.7% | 1.7% | 2.2% | 3.4% |
| Effective tax rate | - | - | 20.5% | 19.9% | - | - |
| Return on assets | -0.3% | -8.4% | 0.3% | 3.1% | -3.0% | -9.9% |
| Return on equity | -4.2% | -97.4% | 2.1% | 24.0% | -21.5% | -54.0% |
| Return on invested capital | 6.3% | -11.7% | 6.3% | 9.7% | -3.4% | -16.7% |
| Liquidity | ||||||
| Current ratio | 0.82 | 0.93 | 0.99 | 1.20 | 0.94 | 1.21 |
| Quick ratio | 0.53 | 0.57 | 0.63 | 0.71 | 0.56 | 0.83 |
| Cash ratio | 0.25 | 0.29 | 0.31 | 0.27 | 0.27 | 0.41 |
| Leverage | ||||||
| Debt / Equity | 5.89 | 4.79 | 2.66 | 2.79 | 2.24 | 2.06 |
| Debt / Assets | 0.47 | 0.41 | 0.36 | 0.36 | 0.32 | 0.38 |
| Debt / EBITDA | 4.61 | - | 4.05 | 3.84 | 15.84 | - |
| Interest coverage | - | - | 4.6x | - | -1.0x | -5.6x |
| Equity multiplier | 12.51 | 11.59 | 7.47 | 7.66 | 7.10 | 5.45 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 1.57 | 1.78 | 2.36 | 2.47 | 1.58 | 1.19 |
| Inventory turnover | 13.93 | 13.32 | 16.50 | 12.72 | 8.91 | 10.37 |
| Days sales outstanding | 22d | 19d | 17d | 22d | 27d | 26d |
| Days inventory outstanding | 26d | 27d | 22d | 29d | 41d | 35d |
| Days payable outstanding | 59d | 56d | 41d | 33d | 59d | 55d |
| Cash conversion cycle | -11d | -9d | -2d | 18d | 9d | 6d |
| Valuation | ||||||
| P / E | - | - | 86.0x | 7.5x | - | - |
| P / B | 3.3x | 2.1x | 1.8x | 1.8x | 1.2x | 1.1x |
| P / S | 0.2x | 0.1x | 0.1x | 0.1x | 0.1x | 0.2x |
| EV / EBITDA | 6.3x | - | 5.4x | 5.2x | 17.7x | - |
| Growth | ||||||
| Revenue growth (YoY) | -9.5% | -29.9% | -16.4% | 90.1% | 45.8% | -21.5% |
| Revenue CAGR (3y) | -19.1% | 3.6% | 32.3% | 29.6% | 1.3% | 20.3% |
| Revenue CAGR (5y) | 8.0% | 5.0% | 10.6% | 37.0% | - | - |
| Gross profit growth (YoY) | - | - | -23.0% | 438.2% | - | - |
| Operating income growth (YoY) | - | - | -42.8% | - | 82.1% | - |
| Net income growth (YoY) | 95.9% | - | -92.3% | - | 66.5% | - |
| EPS growth (YoY) | 95.7% | - | -91.6% | - | 66.7% | - |
| EPS CAGR (3y) | - | - | - | -4.0% | - | - |
| EPS CAGR (5y) | - | - | -40.3% | - | - | - |
| FCF growth (YoY) | - | - | 421.5% | -23.7% | - | - |
| FCF CAGR (5y) | - | - | 20.0% | -12.5% | - | - |
| Book value growth (YoY) | -4.9% | -40.1% | -10.3% | 12.9% | -15.8% | -38.7% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
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 |