DKDelek US Holdings, Inc.

$70.88

Is the business good?

How good a business is DK?

Delek US Holdings, Inc. earns 6.8% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

6.8%

Return on invested capital · cost of capital 9.0% · 2.2 points below what the capital costs: growth destroys value

Operating margin
2.3%

Operating margin · Oil & Gas Refining & Marketing median 5.8% · 12 months to Q1 2026

Share count, year on year
−3.0%

Share count, year on year · bought back, each share owns more of the company

Gross margin
5.1%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2020−10%
FY2021−0.33%
FY20222.3%
FY20231.5%
FY2024−4.2%
FY20252.8%
Details
Gross margin12 months to Q1 2026
5.1%
Operating margin12 months to Q1 2026
2.3%
Net margin12 months to Q1 2026
−0.48%
Free cash flow margin
4.5%
Revenue, trailing twelve months
$10.7B
Free cash flow, trailing twelve months
$478M
Net income, trailing twelve months
−$51M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
6.8%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.