DKL · Delek Logistics Partners, LP - 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 | $297.47M | - | $261.28M | $246.35M | $249.93M | - | $214.07M | $264.63M | $252.07M | - |
| Cost of Revenue | $250.56M | - | $207.32M | $182.76M | $196.18M | - | $165.22M | $190.26M | $180.55M | - |
| Gross Profit | $46.91M | - | $53.95M | $63.59M | $53.75M | - | $48.84M | $74.37M | $71.52M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $4.27M | - | $4.52M | $8.94M | $8.86M | - | $15.74M | $6.02M | $4.86M | - |
| Total Operating Expenses | $46.60M | - | $43.47M | $37.52M | $40.63M | - | $27.75M | $29.45M | $31.70M | - |
| D&A | $36.50M | - | $34.80M | $27.10M | $27.72M | - | $21.20M | $24.21M | $26.50M | - |
| Operating Income | $40.01M | - | $45.37M | $52.44M | $47.60M | - | $31.81M | $68.46M | $64.54M | - |
| Interest Expense | $51.59M | - | $47.99M | $41.71M | $40.23M | - | $36.90M | $35.27M | $40.23M | - |
| Income Tax | $0 | - | $344.0K | $245.0K | $182.0K | - | $150.0K | $57.0K | $326.0K | - |
| Net Income | $32.35M | - | - | - | $39.03M | - | - | - | $32.65M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
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 | $9.91M | $10.89M | $6.91M | $1.44M | $2.11M | $5.38M | $7.32M | $5.11M | $9.67M | $3.75M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $20.97M | $17.91M | $18.64M | $17.14M | $8.66M | $5.43M | $4.63M | $1.76M | $1.66M | $2.26M |
| Accounts Payable | $508.50M | $292.91M | $308.40M | $382.37M | $59.95M | $41.38M | - | - | - | $26.29M |
| Current Assets | $536.33M | $400.77M | $382.79M | $409.85M | $156.91M | $145.89M | $85.94M | $96.57M | $105.52M | $76.27M |
| Total Assets | $2.91B | $2.78B | $2.75B | $2.75B | $2.40B | $2.04B | $1.96B | $1.62B | $1.65B | $1.64B |
| Current Liabilities | $560.97M | $356.49M | $370.23M | $442.60M | $97.46M | $88.78M | $69.58M | $70.03M | $57.20M | $90.59M |
| Long-term Debt | $2.29B | $2.34B | $2.29B | $2.21B | $2.15B | $1.88B | $1.89B | $1.57B | $1.60B | $1.67B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
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 | $170.38M | - | - | - | $31.55M | - | - | - | $43.86M | - |
| Investing Cash Flow | ($49.30M) | - | - | - | ($234.77M) | - | - | - | ($9.86M) | - |
| Financing Cash Flow | ($122.06M) | - | - | - | $199.94M | - | - | - | ($28.08M) | - |
| CapEx | $48.52M | - | - | - | $55.47M | - | - | - | $11.26M | - |
| Free Cash Flow | $121.85M | - | - | - | ($23.92M) | - | - | - | $32.60M | - |
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 | 15.8% | - | 20.6% | 25.8% | 21.5% | - | 22.8% | 28.1% | 28.4% | - |
| Operating margin | 13.4% | - | 17.4% | 21.3% | 19.0% | - | 14.9% | 25.9% | 25.6% | - |
| EBITDA margin | 25.7% | - | 30.7% | 32.3% | 30.1% | - | 24.8% | 35.0% | 36.1% | - |
| Net margin | 10.9% | - | - | - | 15.6% | - | - | - | 13.0% | - |
| Free cash flow margin | 41.0% | - | - | - | -9.6% | - | - | - | 12.9% | - |
| FCF / Net income | 3.77 | - | - | - | -0.61 | - | - | - | 1.00 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 1.4% | - | 1.7% | 3.6% | 3.5% | - | 7.4% | 2.3% | 1.9% | - |
| Effective tax rate | 0.0% | - | - | - | 0.5% | - | - | - | 1.0% | - |
| Return on assets | 1.1% | - | - | - | 1.6% | - | - | - | 2.0% | - |
| Return on equity | - | - | - | - | - | - | - | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.96 | 1.12 | 1.03 | 0.93 | 1.61 | 1.64 | 1.24 | 1.38 | 1.84 | 0.84 |
| Quick ratio | 0.92 | 1.07 | 0.98 | 0.89 | 1.52 | 1.58 | 1.17 | 1.35 | 1.82 | 0.82 |
| Cash ratio | 0.02 | 0.03 | 0.02 | 0.00 | 0.02 | 0.06 | 0.11 | 0.07 | 0.17 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.79 | 0.84 | 0.83 | 0.80 | 0.90 | 0.92 | 0.97 | 0.96 | 0.97 | 1.02 |
| Debt / EBITDA | 29.99 | - | 28.54 | 27.81 | 28.49 | - | 35.73 | 16.90 | 17.59 | - |
| Interest coverage | 0.8x | - | 0.9x | 1.3x | 1.2x | - | 0.9x | 1.9x | 1.6x | - |
| Equity multiplier | - | - | - | - | - | - | - | - | - | - |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | - | 0.10 | 0.09 | 0.10 | - | 0.11 | 0.16 | 0.15 | - |
| Inventory turnover | 11.95 | - | 11.13 | 10.66 | 22.66 | - | 35.67 | 108.35 | 109.10 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 31d | - | 33d | 34d | 16d | - | 10d | 3d | 3d | - |
| Days payable outstanding | 741d | - | 543d | 764d | 112d | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 19.0% | - | 22.1% | -6.9% | -0.9% | - | -22.4% | 7.2% | 3.5% | - |
| Revenue CAGR (3y) | 6.9% | - | -3.9% | -2.6% | 6.6% | - | 4.1% | 16.2% | 18.1% | - |
| Revenue CAGR (5y) | 14.2% | - | 12.9% | 15.9% | 8.9% | - | 9.2% | 11.2% | 10.6% | - |
| Gross profit growth (YoY) | -12.7% | - | 10.5% | -14.5% | -24.8% | - | -29.5% | 9.6% | -20.5% | - |
| Operating income growth (YoY) | -15.9% | - | 42.6% | -23.4% | -26.3% | - | -49.2% | 14.2% | 1.0% | - |
| Net income growth (YoY) | -17.1% | - | - | - | 19.6% | - | - | - | -12.6% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 2309.7% | - |
| FCF CAGR (5y) | 17.0% | - | - | - | - | - | - | - | 5.4% | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.01B totalGathering And Processing$498.10M · 49.2%
Wholesale Marketing And Terminalling$417.63M · 41.2%
Storage And Transportation$97.59M · 9.6%
Product / service
$346.01M totalProduct Revenue Third Party$251.51M · 72.7%
Service Revenue Third Party$76.26M · 22.0%
Service Revenue Affiliate$13.10M · 3.8%
Product Revenue Affiliate$5.14M · 1.5%
Peer comparison
Same SIC group: Pipe Lines (No Natural Gas)
Comparing Delek Logistics Partners against the 5 most active filers in the same SIC group.
Dividends
$4.49/share trailing 12 months · +1.9% YoY
| Ex-date | Per share |
|---|---|
| May 4, 2026 | $1.1300 |
| Feb 5, 2026 | $1.1250 |
| Nov 7, 2025 | $1.1200 |
| Aug 8, 2025 | $1.1150 |
| May 8, 2025 | $1.1100 |
| Feb 4, 2025 | $1.1050 |
| Nov 8, 2024 | $1.1000 |
| Aug 9, 2024 | $1.0900 |
| May 7, 2024 | $1.0700 |
| Feb 2, 2024 | $1.0550 |
| Nov 3, 2023 | $1.0450 |
| Aug 4, 2023 | $1.0350 |
| May 5, 2023 | $1.0250 |
| Feb 1, 2023 | $1.0200 |
| Nov 3, 2022 | $0.9900 |
| Aug 3, 2022 | $0.9850 |
| May 4, 2022 | $0.9800 |
| Jan 31, 2022 | $0.9750 |
| Nov 4, 2021 | $0.9500 |
| Aug 4, 2021 | $0.9400 |
| May 7, 2021 | $0.9200 |
| Feb 1, 2021 | $0.9100 |
| Nov 5, 2020 | $0.9050 |
| Aug 6, 2020 | $0.9000 |