Delek US Holdings (DK) AI Stock Analysis

• Market Cap: $1.81B
• Dividend Yield: 3.42%
• Average Volume (3M): 1.42M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: -22.37%
• EPS Growth: -27.22%
• Country: US
• Employees: 1,987
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 7.13
• Shares Outstanding: 60,051,550
• 10 Day Avg. Volume: 1,718,212
• 30 Day Avg. Volume: 1,420,755
• PEG Ratio: <0.01
• Price to Book (P/B): 3.78
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -2.38
• Enterprise Value/Market Cap: 2.69
• Enterprise Value/Revenue: 0.46
• Enterprise Value/Gross Profit: 14.76
• Enterprise Value/Ebitda: 23.19
• 1Y Price Target: $41.55
• Price Target Upside: 39.43% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $35.00 ▲(17.45% Upside)

Delek US Holdings' overall stock score is primarily impacted by significant financial challenges, including declining revenues and high leverage. While technical indicators suggest bearish momentum, the company has shown strong performance in recent earnings and corporate events, which partially offset financial concerns. The attractive dividend yield provides some valuation support.

Positive Factors

Strong Operational Performance

Consistent record throughput at Krotz Springs indicates robust operational efficiency and capacity utilization, enhancing long-term competitiveness.

Increased Guidance

Raising guidance for the Enterprise Optimization Plan suggests effective strategic initiatives, potentially boosting future profitability and operational efficiency.

Regulatory Approvals

EPA's approval of SRE petitions reduces regulatory costs, improving cash flow and financial stability, enhancing long-term operational resilience.

Negative Factors

Declining Revenue

Declining revenue trends highlight challenges in market demand or competitive positioning, potentially impacting long-term growth and profitability.

High Leverage

High leverage increases financial risk and limits flexibility, potentially affecting the company's ability to invest in growth opportunities or weather downturns.

Cash Flow Challenges

Negative cash flows suggest inefficiencies in operations and potential liquidity issues, which could hinder long-term financial health and strategic initiatives.

Delek US Holdings Business Overview & Revenue Model

Company Description

Delek US Holdings, Inc. is a diversified energy company based in the United States, primarily engaged in the refining, logistics, and retail sectors of the oil and gas industry. The company operates through its subsidiaries, including Delek Refining, Delek Logistics, and retail operations under the Delek brand. Delek US Holdings processes crude oil into various refined products, manages logistics for transportation, and offers retail fuel services through convenience stores.

How the Company Makes Money

Delek US Holdings generates revenue primarily through its refining operations, which involve converting crude oil into gasoline, diesel, and other petroleum products. The company earns money from refining margins—the difference between the purchase price of crude oil and the selling price of refined products. Additionally, Delek Logistics provides logistics services that include the transportation and storage of crude oil and refined products, contributing another significant revenue stream. Retail operations, including the sale of fuel and convenience store merchandise, also add to the company's earnings. Strategic partnerships with suppliers and customers, along with a focus on operational efficiency, play a crucial role in enhancing profitability.

Delek US Holdings Financial Statement Overview

Summary

Delek US Holdings faces significant financial challenges with negative net income, declining revenue, high leverage, and negative cash flows. These factors collectively suggest financial instability and potential risks in sustaining operations without strategic improvements.

Income Statement

The income statement shows significant challenges with negative net income and declining revenue. The TTM data reveals a negative gross profit margin and net profit margin, indicating inefficiencies and losses. Revenue growth is negative, reflecting a downturn in sales. Despite some past profitability, recent trends suggest financial instability.

Balance Sheet

The balance sheet indicates a high debt-to-equity ratio, suggesting significant leverage and potential financial risk. Return on equity is negative, highlighting poor returns for shareholders. The equity ratio is low, indicating heavy reliance on debt financing. These factors suggest financial vulnerability and potential liquidity issues.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating cash burn and potential liquidity challenges. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income to cash. These factors highlight cash management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.67B	11.85B	16.92B	19.80B	10.65B	7.30B
Gross Profit	328.90M	-67.90M	1.04B	736.50M	225.50M	-287.00M
EBITDA	209.30M	-18.50M	664.00M	792.60M	264.00M	-374.10M
Net Income	-514.90M	-560.40M	19.80M	257.10M	-128.30M	-611.40M
Balance Sheet
Total Assets	7.08B	6.67B	7.17B	8.19B	6.81B	6.13B
Cash, Cash Equivalents and Short-Term Investments	630.90M	735.60M	821.80M	841.30M	856.50M	787.50M
Total Debt	3.66B	2.86B	2.74B	3.23B	2.42B	2.53B
Total Liabilities	6.64B	6.09B	6.21B	7.12B	5.80B	5.01B
Stockholders Equity	180.90M	312.80M	845.50M	943.60M	894.20M	1.01B
Cash Flow
Free Cash Flow	-738.90M	-497.40M	616.80M	139.50M	148.20M	-555.10M
Operating Cash Flow	-130.50M	-66.80M	1.01B	425.30M	371.40M	-282.90M
Investing Cash Flow	-796.80M	-241.50M	-408.00M	-931.60M	-178.40M	-191.30M
Financing Cash Flow	520.60M	221.70M	-624.70M	491.10M	-124.00M	306.40M

Delek US Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 29.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DK, the sentiment is Negative. The current price of 29.8 is below the 20-day moving average (MA) of 34.98, below the 50-day MA of 36.72, and above the 200-day MA of 25.14, indicating a neutral trend. The MACD of -2.03 indicates Positive momentum. The RSI at 23.23 is Positive, neither overbought nor oversold. The STOCH value of 5.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DK.

Delek US Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SUN	72 Outperform	$8.06B	17.90	8.27%	6.88%	-5.18%	-33.14%
DINO	68 Neutral	$8.57B	22.61	4.07%	4.26%	-9.55%	27.65%
PARR	67 Neutral	$1.82B	7.43	17.81%	―	-10.11%	-7.00%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CVI	60 Neutral	$2.68B	16.01	21.78%	10.50%	-7.21%	135.72%
PBF	55 Neutral	$3.03B	-5.71	-9.47%	4.21%	-15.35%	-81.94%
DK	49 Neutral	$1.81B	-3.64	-115.95%	3.42%	-22.37%	-27.22%

Delek US Holdings Corporate Events

Delek US Holdings Reports Strong Q3 2025 Financial Results

Delek US Holdings reported strong financial results for the third quarter of 2025, with a net income of $178 million and adjusted net income of $434.2 million. The company benefited from Small Refinery Exemptions granted by the EPA, which significantly reduced material costs and improved cash flow. Delek Logistics is performing well, with expectations to finish the year in the top half of its adjusted EBITDA guidance. The company continues to advance its Enterprise Optimization Plan, increasing its annual cash flow improvement guidance and maintaining a strong financial position.

Delek US Holdings Approves Quarterly Dividend Payment

On October 29, 2025, Delek US Holdings, Inc. announced that its Board of Directors approved a quarterly dividend of $0.255 per share, to be paid on November 17, 2025, to shareholders recorded by November 10, 2025. This decision reflects the company’s ongoing commitment to returning value to its shareholders and may enhance its attractiveness to investors seeking regular income through dividends.