Delek Logistics Partners LP (DKL) financial statements
Delek Logistics Partners LP reported revenue of $1.0B in fiscal 2025, up 9.5% a year over 9 years.
Net income was $176M and the operating margin 17.9%, against 17.3% in 2016.
Free cash flow was -$31M, and the company returned $10M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Delek Logistics Partners LP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $448M | $538M | $658M | $584M | $563M | $701M | $1.0B | $1.0B | $941M | $1.0B |
| Cost of revenue | $355M | $432M | $509M | $433M | $357M | $485M | $787M | $735M | $697M | $798M |
| Gross profit | $93M | $106M | $149M | $151M | $207M | $216M | $249M | $285M | $244M | $215M |
| Selling, general and admin | $10M | $12M | $17M | $21M | $23M | $21M | $34M | $25M | $36M | $29M |
| Operating income | $78M | $88M | $126M | $126M | $180M | $191M | $210M | $239M | $203M | $182M |
| Interest expense | $14M | $24M | $41M | $47M | $43M | $50M | $82M | $143M | $151M | $179M |
| Pre-tax income | $63M | $69M | $91M | $98M | $159M | $165M | $159M | $127M | $143M | $177M |
| Income tax | $81,000 | -$222,000 | $534,000 | $967,000 | $223,000 | $153,000 | $382,000 | $1M | $479,000 | $458,000 |
| Net income | $63M | $69M | $90M | $97M | $159M | $165M | $159M | $126M | $143M | $176M |
| Gross margin | 20.8% | 19.7% | 22.6% | 25.9% | 36.7% | 30.8% | 24.1% | 27.9% | 25.9% | 21.2% |
| Operating margin | 17.3% | 16.4% | 19.1% | 21.5% | 31.9% | 27.2% | 20.2% | 23.4% | 21.6% | 17.9% |
| Net margin | 14.0% | 12.9% | 13.7% | 16.6% | 28.3% | 23.5% | 15.3% | 12.4% | 15.2% | 17.4% |
Balance sheet
Fiscal years, from Delek Logistics Partners LP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $59,000 | $5M | $5M | $6M | $4M | $4M | $8M | $4M | $5M | $11M |
| Receivables | $19M | $23M | $22M | $13M | $16M | $15M | $53M | — | — | — |
| Inventory | $9M | $21M | $5M | $13M | $3M | $2M | $1M | $2M | $5M | $18M |
| Total current assets | $32M | $50M | $33M | $34M | $29M | $23M | $65M | $76M | $146M | $401M |
| Property, plant and equipment | $251M | $255M | $313M | $295M | $465M | $449M | $924M | $936M | $1.1B | $1.4B |
| Goodwill | $12M | $12M | $12M | $12M | $12M | $12M | $27M | $12M | $12M | $12M |
| Total assets | $416M | $444M | $625M | $744M | $956M | $935M | $1.7B | $1.6B | $2.0B | $2.8B |
| Total current liabilities | $21M | $32M | $37M | $35M | $28M | $97M | $106M | $91M | $89M | $356M |
| Long-term debt | — | — | — | — | — | — | $1.6B | $1.7B | $1.9B | $2.3B |
| Net debt | -$59,000 | -$5M | -$5M | -$6M | -$4M | -$4M | $1.7B | $1.7B | $1.9B | $2.3B |
Cash flow
Fiscal years, from Delek Logistics Partners LP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $101M | $91M | $153M | $130M | $193M | $275M | $192M | $225M | $206M | $237M |
| Capital spending | $11M | $18M | $13M | $9M | $13M | $23M | $141M | $96M | $129M | $268M |
| Free cash flow | $89M | $73M | $140M | $121M | $180M | $252M | $51M | $129M | $77M | -$31M |
| Stock-based compensation | $599,000 | $610,000 | $674,000 | $2M | $1M | $2M | $3M | $3M | — | — |
| Share buybacks (net) | — | — | — | — | — | — | — | $0 | $0 | -$10M |
| Net borrowing | — | — | — | — | — | $0 | $0 | -$19M | -$531M | $0 |
| Free cash flow margin | 20.0% | 13.6% | 21.3% | 20.8% | 31.9% | 36.0% | 4.9% | 12.7% | 8.2% | -3.0% |
Questions
What was Delek Logistics Partners LP's revenue in 2025?
$1.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Delek Logistics Partners LP generate?
-$31M in fiscal 2025 (operating cash flow minus capital spending).
From Delek Logistics Partners LP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.