DKL vs SOBO
Delek Logistics Partners, LP and South Bow Corp., side by side — 3 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DKL | SOBO |
|---|---|---|
| Revenue | $1.0B | $2.0B |
| Net income | $176.5M | $433.0M |
| Gross margin | 21.2% | 84.2% |
| Net margin | 17.4% | 21.8% |
| Return on equity | · | 16.3% |
| Diluted EPS | · | $2.07 |
| Dividend / share | · | · |
| Payout ratio | · | 96.1% |
| Free cash flow | $-30.6M | · |
| Equity | · | · |
| Net debt / equity | · | · |
| Current ratio | 1.12× | 1.50× |
| Revenue CAGR 5y | 12.5% | · |
| Profit CAGR 5y | 2.1% | · |
SOBO bills 2.0× the revenue of DKL, and keeps more of each dollar of revenue as profit (21.8% against 17.4%).
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.
3 years side by side
| Fiscal year | DKL | SOBO |
|---|---|---|
| FY2025 | $1.0B | $2.0B |
| FY2024 | $940.6M | $2.1B |
| FY2023 | $1.0B | $2.0B |
Bottom line
| Fiscal year | DKL | SOBO |
|---|---|---|
| FY2025 | $176.5M | $433.0M |
| FY2024 | $142.7M | $316.0M |
| FY2023 | $126.2M | $442.0M |
Standard deviation, each side
SOBO's net margin has been more volatile than DKL's over the 3 comparable fiscal years — 3.3 percentage points of standard deviation against 2.1.
3 of 11 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 SOBO over these 3 fiscal years — DKL led in 1 and SOBO in 2.
3 of 11 comparable fiscal years — a year missing data on either side is not counted.