DKL vs GEL
Delek Logistics Partners, LP and Genesis Energy LP, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DKL | GEL |
|---|---|---|
| Revenue | $1.0B | $1.6B |
| Net income | $176.5M | $-440.4M |
| Gross margin | 21.2% | · |
| Net margin | 17.4% | −24.1% |
| Return on equity | · | · |
| Diluted EPS | · | −$4.19 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $-30.6M | $65.9M |
| Equity | · | · |
| Net debt / equity | · | · |
| Current ratio | 1.12× | 0.98× |
| Revenue CAGR 5y | 12.5% | −2.2% |
| Profit CAGR 5y | 2.1% | · |
GEL bills 1.6× the revenue of DKL, and GEL closed the last reported year at a loss.
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.
10 years side by side
| Fiscal year | DKL | GEL |
|---|---|---|
| FY2025 | $1.0B | $1.6B |
| FY2024 | $940.6M | $1.7B |
| FY2023 | $1.0B | $1.7B |
| FY2022 | $1.0B | $2.8B |
| FY2021 | $700.9M | $2.1B |
| FY2020 | $563.4M | $1.8B |
| FY2019 | $584.0M | $2.5B |
| FY2018 | $657.6M | $2.9B |
| FY2017 | $538.1M | $2.0B |
| FY2016 | $448.1M | $1.7B |
Bottom line
| Fiscal year | DKL | GEL |
|---|---|---|
| FY2025 | $176.5M | $-440.4M |
| FY2024 | $142.7M | $-63.9M |
| FY2023 | $126.2M | $117.7M |
| FY2022 | $159.1M | $75.5M |
| FY2021 | $164.8M | $-165.1M |
| FY2020 | $159.3M | $-416.7M |
| FY2019 | $96.7M | $96.0M |
| FY2018 | $90.2M | $-6.1M |
| FY2017 | $69.4M | $82.6M |
| FY2016 | $62.8M | $113.2M |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$617,092,000 | GEL |
| FY2024 | −$720,198,000 | GEL |
| FY2023 | −$700,914,000 | GEL |
| FY2022 | −$1,752,550,000 | GEL |
| FY2021 | −$1,424,574,000 | GEL |
| FY2020 | −$1,261,237,000 | GEL |
| FY2019 | −$1,896,828,000 | GEL |
| FY2018 | −$2,255,161,000 | GEL |
| FY2017 | −$1,490,302,000 | GEL |
| FY2016 | −$1,264,434,000 | GEL |
| FY2015 | −$1,656,860,000 | GEL |
| FY2014 | −$3,004,911,000 | GEL |
| FY2013 | −$3,227,402,000 | GEL |
| FY2012 | −$2,344,775,000 | GEL |
| FY2011 | −$1,693,718,000 | GEL |
| FY2010 | −$1,596,916,000 | GEL |
GEL has reported the higher revenue in every one of these 16 fiscal years. The gap has narrowed since the earliest year compared.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +41.5 pp | DKL |
| FY2024 | +17.2 pp | DKL |
| FY2023 | +3.9 pp | DKL |
| FY2022 | +10.7 pp | DKL |
| FY2021 | +30.0 pp | DKL |
| FY2020 | +50.2 pp | DKL |
| FY2019 | +12.5 pp | DKL |
| FY2018 | +14.1 pp | DKL |
| FY2017 | +8.9 pp | DKL |
| FY2016 | +7.5 pp | DKL |
| FY2015 | −7.5 pp | GEL |
The higher net margin has changed hands between DKL and GEL over this period.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GEL's net margin has been more volatile than DKL's over the 11 comparable fiscal years — 12.1 percentage points of standard deviation against 4.9.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DKL and GEL over these 11 fiscal years — DKL led in 10 and GEL in 1.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.