Delek US Holdings (DK) AI Stock Analysis

• Market Cap: $2.45B
• Dividend Yield: 2.59%
• Average Volume (3M): 1.52M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• 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: 1,972,042
• 30 Day Avg. Volume: 1,520,851
• 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: 1.98
• Enterprise Value/Revenue: 0.46
• Enterprise Value/Gross Profit: 14.76
• Enterprise Value/Ebitda: 23.19
• 1Y Price Target: $38.08
• Price Target Upside: -3.25% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 13
• EPS Forecast (FY): 1.25
• Revenue Forecast (FY): $10.88B

• Rating: 57 Neutral
• Price Target: $43.00 ▲(9.25% Upside)

Delek US Holdings' overall score is primarily impacted by significant financial challenges, including negative net income and high leverage. However, strong earnings call performance and bullish technical indicators provide some positive outlook. The valuation remains weak due to negative earnings, but the dividend yield offers some shareholder value.

Positive Factors

Increased EOP Guidance

The increased EOP guidance reflects strategic improvements, indicating enhanced operational efficiency and potential for higher profitability.

EPA Approval of SRE Petitions

The EPA's approval of SRE petitions provides a significant financial boost, enhancing cash flow and supporting future operations.

Record Throughput in Krotz Springs

Consistent record throughput at Krotz Springs demonstrates strong operational capabilities and efficiency, supporting long-term growth.

Negative Factors

High Debt Levels

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

Negative Cash Flows

Negative cash flows highlight liquidity challenges, which can constrain operations and necessitate strategic adjustments to stabilize finances.

Declining Revenue

Declining revenue reflects a downturn in sales, which could undermine market position and necessitate strategic shifts to regain growth.

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 petroleum industry. The company operates through three main segments: refining, logistics, and retail. Delek's refining segment includes the operation of refineries that process crude oil into various petroleum products, while its logistics segment encompasses the transportation and storage of these products. The retail segment consists of a network of convenience stores and gas stations that sell fuel and convenience items to consumers.

How the Company Makes Money

Delek US Holdings generates revenue primarily through the sale of refined petroleum products, which are produced at its refineries. The refining segment earns money by transforming crude oil into gasoline, diesel, and other petrochemicals, which are then sold to wholesalers, distributors, and directly to retail outlets. The logistics segment contributes to revenue by charging fees for the transportation and storage of crude oil and refined products, leveraging its pipeline systems and terminal facilities. Additionally, the retail segment generates income from fuel sales and in-store merchandise. Strategic partnerships with suppliers and other energy companies also enhance its distribution capabilities and can lead to increased revenue opportunities.

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	6.73B	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	5.78B	5.01B
Stockholders Equity	180.90M	312.80M	845.50M	943.60M	827.70M	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: Positive
• Last Price: 39.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DK, the sentiment is Positive. The current price of 39.36 is above the 20-day moving average (MA) of 37.93, above the 50-day MA of 34.28, and above the 200-day MA of 22.46, indicating a bullish trend. The MACD of 2.02 indicates Negative momentum. The RSI at 60.18 is Neutral, neither overbought nor oversold. The STOCH value of 65.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DK.

Delek US Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PARR	70 Outperform	$2.07B	8.65	17.81%	―	-10.11%	-7.00%
DINO	68 Neutral	$10.00B	26.16	4.07%	3.79%	-9.55%	27.65%
SUN	67 Neutral	$7.81B	17.41	8.27%	7.06%	-5.18%	-33.14%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CVI	63 Neutral	$3.69B	22.16	21.78%	7.51%	-7.21%	135.72%
PBF	58 Neutral	$4.48B	―	-9.47%	2.94%	-15.35%	-81.94%
DK	57 Neutral	$2.45B	―	-115.95%	2.59%	-22.37%	-27.22%

Delek US Holdings Corporate Events

Delek US Earnings Call: Strong Performance Amid Challenges

Delek US’s recent earnings call conveyed a generally positive sentiment, underscored by strong financial performance and increased guidance across key business areas. Strategic optimizations and favorable regulatory outcomes were highlighted as significant contributors to this success. However, the company acknowledged challenges in fully realizing benefits from small refinery exemptions (SREs) and projected increased operating expenses for the upcoming quarter.

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.

The most recent analyst rating on (DK) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Delek US Holdings stock, see the DK Stock Forecast page.

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.

The most recent analyst rating on (DK) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Delek US Holdings stock, see the DK Stock Forecast page.