Delek US Energy (DK) financial statements
Delek US Energy reported revenue of $10.7B in fiscal 2025, up 11.0% a year over 9 years.
Net income was -$23M and the operating margin 2.8%, against -1.2% in 2016.
Free cash flow was $6M, and the company returned $62M in dividends.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Delek US Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2B | $7.3B | $10.2B | $9.3B | $7.3B | $10.6B | $19.8B | $16.5B | $11.9B | $10.7B |
| Cost of revenue | $4.2B | $6.8B | $9.3B | $8.4B | $7.6B | $10.4B | $19.1B | $15.9B | $11.9B | $10.1B |
| Gross profit | $32M | $432M | $973M | $890M | -$261M | $250M | $748M | $548M | -$43M | $612M |
| Selling, general and admin | $106M | $176M | $248M | $275M | $235M | $200M | $314M | $272M | $253M | $270M |
| Operating income | -$49M | $180M | $612M | $492M | -$732M | -$35M | $458M | $245M | -$492M | $301M |
| Interest expense | $54M | $94M | $126M | $131M | $129M | $137M | $23M | $61M | — | — |
| Pre-tax income | -$391M | $299M | $486M | $403M | -$767M | -$137M | $322M | $17M | -$706M | $39M |
| Income tax | -$172M | -$29M | $102M | $72M | -$194M | -$42M | $56M | -$3M | -$108M | -$7M |
| Net income | -$154M | $289M | $340M | $311M | -$611M | -$128M | $257M | $20M | -$560M | -$23M |
| EPS (diluted) | -$2.49 | $4.00 | $3.95 | $4.06 | -$8.31 | -$1.73 | $3.59 | $0.30 | -$8.77 | -$0.38 |
| Diluted shares | 62M | 72M | 87M | 77M | 74M | 74M | 72M | 65M | 64M | 61M |
| Gross margin | 0.8% | 5.9% | 9.5% | 9.6% | -3.6% | 2.4% | 3.8% | 3.3% | -0.4% | 5.7% |
| Operating margin | -1.2% | 2.5% | 6.0% | 5.3% | -10.0% | -0.3% | 2.3% | 1.5% | -4.1% | 2.8% |
| Net margin | -3.7% | 4.0% | 3.3% | 3.3% | -8.4% | -1.2% | 1.3% | 0.1% | -4.7% | -0.2% |
Balance sheet
Fiscal years, from Delek US Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $689M | $932M | $1.1B | $955M | $788M | $856M | $841M | $822M | $736M | $626M |
| Receivables | $266M | $580M | $514M | $793M | $528M | $777M | $1.2B | $784M | $618M | $649M |
| Inventory | $392M | $808M | $678M | $947M | $728M | $1.3B | $1.5B | $941M | $893M | $726M |
| Total current assets | $1.4B | $2.6B | $2.4B | $3.0B | $2.3B | $3.0B | $3.7B | $2.7B | $2.3B | $2.1B |
| Property, plant and equipment | $1.1B | $2.1B | $2.2B | $2.4B | $2.4B | $2.3B | $2.8B | $2.7B | $2.9B | $3.3B |
| Goodwill | $12M | $817M | $858M | $856M | $730M | $730M | $702M | $688M | $475M | $475M |
| Total assets | $3.0B | $5.9B | $5.8B | $7.0B | $6.1B | $6.8B | $8.2B | $7.2B | $6.7B | $6.8B |
| Total current liabilities | $935M | $2.7B | $1.7B | $2.4B | $1.9B | $3.1B | $3.1B | $2.7B | $2.5B | $2.5B |
| Long-term debt | $748M | $875M | $1.8B | $2.0B | $2.3B | $2.1B | $3.0B | $2.6B | $2.8B | $3.2B |
| Total liabilities | $1.8B | $4.0B | $4.0B | $5.2B | $5.0B | $5.8B | $7.1B | $6.2B | $6.1B | $6.3B |
| Shareholders' equity | $1.2B | $2.0B | $1.8B | $1.8B | $1.1B | $1.0B | $1.1B | $960M | $575M | $547M |
| Net debt | $144M | $534M | $704M | $1.1B | $1.6B | $1.4B | $2.2B | $1.8B | $2.0B | $2.6B |
Cash flow
Fiscal years, from Delek US Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $248M | $320M | $560M | $575M | -$283M | $371M | $425M | $1.0B | -$67M | $536M |
| Capital spending | $46M | $172M | $322M | $413M | $269M | $222M | $280M | $392M | $428M | $530M |
| Free cash flow | $202M | $148M | $238M | $162M | -$552M | $149M | $145M | $621M | -$494M | $6M |
| Stock-based compensation | $16M | $18M | $21M | $26M | $23M | $25M | $29M | $28M | $34M | $87M |
| Dividends paid | $38M | $44M | $80M | $87M | $69M | $0 | $43M | $60M | $64M | $62M |
| Share buybacks (net) | -$6M | -$25M | -$365M | -$178M | -$2M | $0 | -$64M | $0 | $0 | — |
| Free cash flow margin | 4.8% | 2.0% | 2.3% | 1.7% | -7.6% | 1.4% | 0.7% | 3.8% | -4.2% | 0.1% |
| Dividends per share | $0.61 | $0.61 | $0.92 | $1.13 | $0.94 | — | $0.60 | $0.92 | $1.00 | $1.02 |
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Open DK in InvestinglyQuestions
What was Delek US Energy's revenue in 2025?
$10.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Delek US Energy generate?
$6M in fiscal 2025 (operating cash flow minus capital spending).
From Delek US Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.