Price as of close on Nov 3, 2026 · Financials updated Oct 8, 2026
Basics
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Country
United States
Market cap
4.3B USD
Enterprise value
7.3B USD
Full-time employees
1,902
Overall health
Strength:its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback:less profitable than most peersless profitable than peers
Drawback:higher risk than most peers: less short-term liquidity (current ratio 0.76 vs a peer median of 1.37) and more debt relative to equity (7.55× vs a peer median of 0.47×)higher risk: less liquidity (current ratio 0.76 vs peers 1.37) and more debt vs equity (7.55× vs peers 0.47×)
Returning more cash than it generates. Paid out $187M vs $133M of free cash flow over the 3 fiscal years to 2025.
Delek US returned $187M to shareholders over three years, 140% of the free cash flow it produced. That gap has to be covered by cash reserves or new debt, which can't last indefinitely.
Much more borrowing than peers.Debt is 7.5× equity vs a peer median of 0.5×.Debt is 7.5× equity vs peers 0.5×.
Debt is 7.5× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 7.5× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.
Earnings turned from a loss to a profit. Profit per share this year after a loss last year.
Delek US made a profit per share in its latest year after a loss the year before.
Annual revenue fell three years running. Fiscal-year revenue down each year from 2022 to 2025.
Delek US's fiscal-year revenue declined in each of the three years to 2025.
StockQuotient Score
47/ 100▼ 1 since Oct 27 closeOct 5 46 → Nov 4 47 (+1)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 68 → 66
Share price +0.8%-1
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Delek US
Is Delek US getting weaker?
Its latest SEC filing (Aug 5, 2026) got stronger: turned profitable over the last 12 months; operating margin rose 2.5 points to 4.8%. Its overall score is 47/100, down 1 since Oct 28, 2026.
How is Delek US valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 66/100 against 404 energy peers.Free cash flow yield 15.7% vs a peer median of 6.2% (stronger than 88% of peers).Free cash flow yield 15.7% vs peers 6.2% (stronger than 88% of peers).
Is Delek US growing?
Yes, faster than most of its peers. Growth scores 78/100 against 404 energy peers.Revenue growth 11.4% vs a peer median of 0.5% (stronger than 73% of peers).Revenue growth 11.4% vs peers 0.5% (stronger than 73% of peers).3-year revenue growth -11.6% vs a peer median of -1.3% (weaker than 82% of peers).3-year revenue growth -11.6% vs peers -1.3% (weaker than 82% of peers).
How profitable is Delek US?
About as profitable as its peers. Profitability scores 40/100 against 404 energy peers.Return on invested capital 15.4% vs a peer median of 9.3% (stronger than 70% of peers).Return on invested capital 15.4% vs peers 9.3% (stronger than 70% of peers).Operating margin 4.8% vs a peer median of 11.7% (weaker than 73% of peers).Operating margin 4.8% vs peers 11.7% (weaker than 73% of peers).
How risky is Delek US?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Debt / equity 7.55× vs a peer median of 0.47× (weaker than 100% of peers).Debt / equity 7.55× vs peers 0.47× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Turned profitable over the last 12 months
Operating margin rose 2.5 points to 4.8%
Previous quarter
Latest quarter
Change
Revenue (12 months)
10.7B USD
12.1B USD
+12.3%
Net income (12 months)
−51.4M USD
224.5M USD
turned positive
Operating margin
2.3%
4.8%
+2.5 pts
Free cash flow (12 months)
477.8M USD
681.3M USD
+42.6%
Debt
3.2B USD
3.2B USD
+0.2%
Cash
624.1M USD
628.6M USD
+0.7%
Shares outstanding
61.3M
61.2M
−0.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Refining & Marketing companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
2.4%
3.8%
3.3%
-0.4%
5.7%
▲ 6.1 pts
Operating margin
-0.3%
2.3%
1.5%
-4.1%
2.8%
▲ 7.0 pts
Net margin
-1.2%
1.3%
0.1%
-4.7%
-0.2%
▲ 4.5 pts
Return on assets (ROA)
-1.9%
3.1%
0.3%
-8.4%
-0.3%
▲ 8.1 pts
Return on equity (ROE)
-12.7%
24.0%
2.1%
-97.4%
-4.2%
▲ 93 pts
Free cash flow margin
1.4%
0.7%
3.8%
-4.2%
0.1%
▲ 4.2 pts
Current ratio
0.97×
1.20×
0.99×
0.93×
0.82×
▼ 12%
Quick ratio
0.56×
0.71×
0.64×
0.57×
0.53×
▼ 7.2%
Debt to equity
2.19×
2.86×
2.71×
4.81×
5.91×
▲ 23%
Interest coverage
-1.92×
19.55×
3.99×
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DK price history
Price history is added with the daily price update and will appear after the next one.