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
3.1B USD
Enterprise value
5.4B USD
Overall health
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: less short-term liquidity (current ratio 0.96 vs a peer median of 1.37)higher risk: less liquidity (current ratio 0.96 vs peers 1.37)
Negative shareholders' equity. Liabilities exceed assets on the balance sheet.
Delek Logistics Partners, LP's liabilities exceed its assets on the balance sheet. Large share buybacks can cause this in healthy companies, but so can accumulated losses; either way, debt-based ratios need care.
Operating margin at a 6-year low.18% in 2025, the weakest of the last 6 years.
Delek Logistics Partners, LP's operating margin fell to 18% in 2025, its lowest in the 6 years of filings we have.
Investment surge. Capital spending 26% of revenue, up from 14% in 2022.
Delek Logistics Partners, LP is spending 26% of revenue on facilities and equipment, up from 14% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.
Fast revenue growth. Revenue grew 30% in the 12 months to June 2026 vs the 12 months before, faster than 90% of peers.
Revenue grew 30% in the 12 months to June 2026 vs the 12 months before, faster than 90% of its peers.
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 25 → 26
Share price -5.5%+2
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.
Shareholders' equity is negative, so debt/equity counts as among the highest in its peer group33% base weight · Z-score -7.81Sector median: 0.4659 · MAD: 0.3175
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 Logistics Partners, LP
Is Delek Logistics Partners, LP getting weaker?
Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is unchanged at 39/100 since Oct 28, 2026.
How is Delek Logistics Partners, LP valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 26/100 against 404 energy peers.EBITDA yield 6.3% vs a peer median of 12.1% (weaker than 82% of peers).EBITDA yield 6.3% vs peers 12.1% (weaker than 82% of peers).
Is Delek Logistics Partners, LP growing?
Yes, faster than most of its peers. Growth scores 77/100 against 404 energy peers.Revenue growth 30.3% vs a peer median of 0.5% (stronger than 90% of peers).Revenue growth 30.3% vs peers 0.5% (stronger than 90% of peers).
How profitable is Delek Logistics Partners, LP?
About as profitable as its peers. Profitability scores 47/100 against 404 energy peers.Return on invested capital 6.6% vs a peer median of 9.3% (weaker than 64% of peers).Return on invested capital 6.6% vs peers 9.3% (weaker than 64% of peers).
How risky is Delek Logistics Partners, LP?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Beta 0.45 vs a peer median of 0.57 (stronger than 65% of peers).Beta 0.45 vs peers 0.57 (stronger than 65% of peers).Current ratio 0.96× vs a peer median of 1.37× (weaker than 72% of peers).Current ratio 0.96× vs peers 1.37× (weaker than 72% 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
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.1B USD
1.2B USD
+13.0%
Net income (12 months)
169.8M USD
154.1M USD
−9.2%
Operating margin
16.4%
15.3%
−1.1 pts
Free cash flow (12 months)
115.1M USD
133.8M USD
+16.2%
Debt
2.3B USD
2.4B USD
+3.4%
Cash
9.9M USD
13.7M USD
+38.3%
Shares outstanding
53.2M
53.2M
+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
30.8%
24.1%
27.9%
25.9%
21.2%
▼ 4.7 pts
Operating margin
27.2%
20.2%
23.4%
21.6%
17.9%
▼ 3.6 pts
Net margin
23.5%
15.3%
12.4%
15.2%
17.4%
▲ 2.2 pts
Return on assets (ROA)
17.6%
9.5%
7.7%
7.0%
6.3%
▼ 0.6 pts
Free cash flow margin
36.0%
4.9%
12.7%
8.2%
-3.0%
▼ 11 pts
Current ratio
0.24×
0.61×
0.84×
1.64×
1.12×
▼ 32%
Quick ratio
0.21×
0.60×
0.82×
1.58×
1.07×
▼ 32%
Interest coverage
3.79×
2.55×
1.67×
1.34×
1.01×
▼ 25%
DKL price history
Price history is added with the daily price update and will appear after the next one.