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DKDelek US Holdings, Inc.
$52.32$3.2B
Overview & Verdict
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DK logoDelek US Holdings, Inc.(DK)Earnings, Financials & Key Ratios

DK•NYSE
$52.32
Price updated Jul 7, 2026
SectorEnergyIndustryOil Refining & MarketingSub-IndustryPetroleum Refining and Marketing
AboutDelek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal. It owns and operates four independent refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana, as well as three biodiesel facilities in Crossett, Arkansas, Cleburne, Texas, and New Albany. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. It owns or leases capacity on approximately 400 miles of crude oil transportation pipelines, approximately 450 miles of refined product pipelines, an approximately 900-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity; and owns and operates ten light product distribution terminals, as well as markets light products using third-party terminals. The Retail segment owns and leases 248 convenience store sites located primarily in West Texas and New Mexico. Its convenience stores offer various grades of gasoline and diesel under the DK or Alon brand; and food products and service, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise, as well as money orders to the public primarily under the 7-Eleven and DK or Alon brand names. It serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, the U.S. government, and independent retail fuel operators. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.Show more
  • Revenue$10.72B-9.5%
  • EBITDA$794M+778.4%
  • Net Income-$23M+95.9%
  • EPS (Diluted)-0.38+95.7%
  • Gross Margin5.3%+1025.1%
  • EBITDA Margin7.4%+849.8%
  • Operating Margin3.69%+189.0%
  • Net Margin-0.21%+95.5%
  • ROE-4.06%+94.4%

DK Price & Volume

Delek US Holdings, Inc. (DK) stock price & volume — 10-year historical chart

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Persistent Margin Volatility Strains Capital Structure Solvency

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Insolvency and leverage risk

Key Thesis Takeaways

  • Delek US Holdings faces a precarious fundamental outlook characterized by extreme margin volatility and significant erosion of its equity base, which plummeted to $52.5 million by 2026Q1.
  • The company's reliance on debt financing, evidenced by a 10.77 debt-to-equity ratio, creates substantial refinancing risk that may limit future operational flexibility.
  • Investors should monitor the firm's ability to stabilize cash flows, as the current disconnect between net income and operating cash generation suggests ongoing structural challenges in its core refining business.

Verdict Logic

the rapid erosion of shareholder equity to $52.5 million and the unsustainable 10.77 debt-to-equity ratio present significant insolvency risks that outweigh potential valuation upside.

DK Growth Metrics

Delek US Holdings, Inc. (DK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years6.41%
5 Years7.99%
3 Years-18.49%
TTM-5.56%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM92.66%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM91.8%

Return on Capital

10 Years2.96%
5 Years2.67%
3 Years1.27%
Last Year9.35%

DK Recent Earnings

Delek US Holdings, Inc. (DK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.08+105.1%
$1.56
Rev
$2.7B+13.9%
$2.3B
Q1 2026
Feb 27, 2026
Metric
Actual
Est
EPS
$0.44+327.1%
$0.19
Rev
$2.4B-4.7%
$2.6B
Q4 2025
Nov 7, 2025
Metric
Actual
Est
EPS
$1.52+442.9%
$0.28
Rev
$2.9B+13.2%
$2.6B
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$0.56+39.1%
$0.92
Rev
$2.8B+2.6%
$2.7B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.08vs $1.56+105.1%
$2.7Bvs $2.3B+13.9%
Q1 2026Feb 27, 2026
$0.44vs $0.19+327.1%
$2.4Bvs $2.6B-4.7%
Q4 2025Nov 7, 2025
$1.52vs $0.28+442.9%
$2.9Bvs $2.6B+13.2%
Q3 2025Aug 6, 2025
$0.56vs $0.92+39.1%
$2.8Bvs $2.7B+2.6%
Based on last 12 quarters of dataView full earnings history →

Latest DK News

Recent stock market news and headlines for Delek US Holdings, Inc. (DK)

Zacks Investment Research·1 day ago
Can Delek's Big Spring Upgrade Deliver Better Refining Margins?

DK completed its Big Spring refinery turnaround on time and within budget, setting up improved operations as stronger refining markets create new opportunities.

Zacks Investment Research·6 days ago
Best Momentum Stocks to Buy for July 1st

DK, CZFS, and ALH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 1, 2026.

Zacks Investment Research·Jul 1, 2026
5 Relative Price Strength Stocks to Buy for the Second Half

NBIX, MYRG, XYZ, DK and DY show strong relative price strength, upbeat estimate revisions and solid fundamentals heading into the second half.

Zacks Investment Research·Jul 1, 2026
New Strong Buy Stocks for July 1st

LIEN, DK, ALH, CVE and LEGH have been added to the Zacks Rank #1 (Strong Buy) List on July 1, 2026.

Zacks Investment Research·Jul 1, 2026
Best Growth Stocks to Buy for July 1st

ALH, CBOE, and DK it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 1, 2026.

Peers Comparison

Key metrics vs top competitors for Delek US Holdings, Inc. (DK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DK logoDKDelek US Holdings, Inc.Current
$52.32$3.21B-137.68-9.53%-0.21%-4.06%1.95%
PBF logoPBFPBF Energy Inc.
$48.46$5.73B-34.86-11.42%1.46%8.15%—
CVI logoCVICVR Energy, Inc.
$28.65$2.88B106.11-5.89%-0.56%-5.03%—
PARR logoPARRPar Pacific Holdings, Inc.
$61.46$3.04B8.58-6.39%6.02%32.17%—
CLMT logoCLMTCalumet, Inc.
$37.17$3.24B-95.31-1.25%-4.52%——
VLO logoVLOValero Energy Corporation
$266.22$79.61B35.17-5.54%3.33%15.69%—

Compare DK vs Peers

Delek US Holdings, Inc. (DK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PBF

Most directly comparable listed peer for DK.

Scale Benchmark

vs XOM

Larger-name benchmark to compare DK against a more recognizable public peer.

Peer Set

Compare Top 5

vs PBF, CVI, PARR, CLMT

DK SEC Filings & Documents

Delek US Holdings, Inc. (DK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Apr 22, 2026·SEC

Material company update

Apr 21, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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DK Frequently Asked Questions

Delek US Holdings, Inc. (DK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Delek US Holdings, Inc.'s revenue?

Delek US Holdings, Inc. (DK) reported $10.73B in revenue for fiscal year 2025. This represents a 1853% increase from $549.6M in 2002.

How fast is Delek US Holdings, Inc. growing?

Delek US Holdings, Inc. (DK) saw revenue decline by 9.5% over the past year.

Is DK profitable?

Delek US Holdings, Inc. (DK) reported a net loss of $51.4M for fiscal year 2025.

Dividend & Returns
Does DK pay dividends?

Yes, Delek US Holdings, Inc. (DK) pays a dividend with a yield of 1.95%. This makes it attractive for income-focused investors.

What is DK's return on equity?

Delek US Holdings, Inc. (DK) has a return on equity (ROE) of -4.1%. Negative ROE indicates the company is unprofitable.

What is Delek US Holdings, Inc.'s free cash flow?

Delek US Holdings, Inc. (DK) generated $479.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in DK back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →