DINO vs DKL
HF Sinclair Corp. and Delek Logistics Partners, LP, side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DINO | DKL |
|---|---|---|
| Revenue | $26.9B | $1.0B |
| Net income | $579.0M | $176.5M |
| Gross margin | 8.6% | 21.2% |
| Net margin | 2.2% | 17.4% |
| Return on equity | 6.3% | · |
| Diluted EPS | $3.08 | · |
| Dividend / share | $2.00 | · |
| Payout ratio | 64.9% | · |
| Free cash flow | $866.0M | $-30.6M |
| Equity | $9.2B | · |
| Net debt / equity | 0.20× | · |
| Current ratio | 1.94× | 1.12× |
| Revenue CAGR 5y | 19.2% | 12.5% |
| Profit CAGR 5y | · | 2.1% |
DINO bills 26.5× the revenue of DKL, and DKL keeps more of each dollar of revenue as profit (17.4% against 2.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | DINO | DKL |
|---|---|---|
| FY2025 | $26.9B | $1.0B |
| FY2024 | $28.6B | $940.6M |
| FY2023 | $32.0B | $1.0B |
| FY2022 | $38.2B | $1.0B |
| FY2021 | $18.4B | $700.9M |
| FY2020 | $11.2B | $563.4M |
Bottom line
| Fiscal year | DINO | DKL |
|---|---|---|
| FY2025 | $579.0M | $176.5M |
| FY2024 | $177.0M | $142.7M |
| FY2023 | $1.6B | $126.2M |
| FY2022 | $2.9B | $159.1M |
| FY2021 | $558.3M | $164.8M |
| FY2020 | $-601.4M | $159.3M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$25,855,677,000 | DINO |
| FY2024 | +$27,639,364,000 | DINO |
| FY2023 | +$30,943,591,000 | DINO |
| FY2022 | +$37,168,593,000 | DINO |
| FY2021 | +$17,688,240,000 | DINO |
| FY2020 | +$10,620,225,000 | DINO |
DINO has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 16 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −15.2 pp | DKL |
| FY2024 | −14.5 pp | DKL |
| FY2023 | −7.0 pp | DKL |
| FY2021 | −19.9 pp | DKL |
| FY2020 | −32.9 pp | DKL |
DKL has kept the higher net margin in every one of these 5 fiscal years.
5 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DKL's net margin has been more volatile than DINO's over the 5 comparable fiscal years — 5.8 percentage points of standard deviation against 3.4.
5 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
DKL led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 11 comparable fiscal years — a year missing data on either side is not counted.