DK Stock Analysis: Delek US Energy | NYSE
Oil & Gas Refining & Marketing | NYSE, USA | Market Cap: 4.783m USD | 12M Return: 123.7% | US24665A1034 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 151M
Qual. Beats: 1
Rev. Trend: -88.5%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Delek US Holdings (DK) is an integrated downstream energy company operating in the United States through two segments: Refining and Logistics. The integrated downstream model combines crude oil processing with transportation, storage, and marketing of refined products, allowing the company to capture value across multiple stages of the supply chain.
The Refining segment processes crude oil and other feedstocks into gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products, which are distributed through owned and third-party product terminals. The company owns and operates refineries in Tyler (Texas), El Dorado (Arkansas), Big Spring (Texas), and Krotz Springs (Louisiana).
The Logistics segment gathers, transports, and stores crude oil, natural gas, intermediate, and refined products, while also handling water disposal and recycling for third parties. It owns or leases crude oil and refined product pipelines, gathering systems, storage tanks, and light product distribution terminals. Customers include oil companies, independent refiners and marketers, jobbers, distributors, utilities, transportation companies, government entities, and independent retail fuel operators. Delek US was founded in 2001, is headquartered in Brentwood, Tennessee, and trades on the NYSE within the GICS Oil & Gas Refining & Marketing sub-industry.
- Refining crack spreads compress, pressuring segment margins
- Permian crude differentials widen, boosting Big Spring refinery profitability
- Logistics pipeline throughput growth supports fee-based revenue expansion
| Net Income: 224.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 20.61 > 1.0 |
| NWC/Revenue: -6.71% < 20% (prev -5.40%; Δ -1.31% < -1%) |
| CFO/TA 0.17 > 3% & CFO 1.27b > Net Income 224.5m |
| Net Debt (2.69b) to EBITDA (1.25b): 2.15 < 3 |
| Current Ratio: 0.76 > 1.5 & < 3 |
| Outstanding Shares: last quarter (62.5m) vs 12m ago 3.27% < -2% |
| Gross Margin: 8.52% > 18% (prev -1.76%; Δ 10.28% > 0.5%) |
| Asset Turnover: 164.9% > 50% (prev 153.1%; Δ 11.83% > 0%) |
| Interest Coverage Ratio: 1.80 > 6 (EBIT TTM 609.1m / Interest Expense TTM 338.0m) |
| A: -0.11 (Total Current Assets 2.60b - Total Current Liabilities 3.41b) / Total Assets 7.55b |
| B: -0.05 (Retained Earnings -387.8m / Total Assets 7.55b) |
| C: 0.08 (EBIT TTM 609.1m / Avg Total Assets 7.31b) |
| D: 0.06 (Book Value of Equity 422.7m / Total Liabilities 6.89b) |
| Altman-Z'' = -0.25 = B |
| DSRI: 1.04 (Receivables 868.5m/749.9m, Revenue 12.1b/10.8b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.96 (AQ_t 0.19 / AQ_t-1 0.20) |
| SGI: 1.11 (Revenue 12.1b / 10.8b) |
| TATA: -0.14 (NI 224.5m - CFO 1.27b) / TA 7.55b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of September 24, 2026, the stock is trading at USD 72.26 with a total of 2,074,591 shares traded. Over the past week, the price has changed by -8.72%, over one month by +6.14%, over three months by +67.09% and over the past year by +123.74%.
Current recommended Stop Loss: 66.50 (which is 8% or 1.3 ATR below the current price).
Delek US Energy has received a consensus analysts rating of 3.62. Therefore, it is recommended to hold DK.
- StrongBuy: 4
- Buy: 1
- Hold: 7
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 75 | 3.8% |
P/E Trailing = 21.2861
P/E Forward = 20.3252
P/S = 0.3968
P/B = 25.6486
P/EG = 0.3815
Revenue TTM = 12.1b USD
EBIT TTM = 609.1m USD
EBITDA TTM = 1.25b USD
Long Term Debt = 3.18b USD (from longTermDebt, last quarter)
Short Term Debt = 35.7m USD (from shortTermDebt, last quarter)
Debt = 3.32b USD (from shortLongTermDebtTotal, last quarter) + Leases 65.5m
Net Debt = 2.69b USD (calculated: Debt 3.32b - CCE 628.6m)
Enterprise Value = 7.48b USD (4.78b + Debt 3.32b - CCE 628.6m)
Interest Coverage Ratio = 1.80 (Ebit TTM 609.1m / Interest Expense TTM 338.0m)
EV/FCF = 10.91x (Enterprise Value 7.48b / FCF TTM 684.9m)
FCF Yield = 9.16% (FCF TTM 684.9m / Enterprise Value 7.48b)
FCF Margin = 5.68% (FCF TTM 684.9m / Revenue TTM 12.1b)
Net Margin = 1.86% (Net Income TTM 224.5m / Revenue TTM 12.1b)
Gross Margin = 8.52% ((Revenue TTM 12.1b - Cost of Revenue TTM 11.0b) / Revenue TTM)
Gross Margin QoQ = 8.93% (prev -2.66%)
Tobins Q-Ratio = 0.99 (Enterprise Value 7.48b / Total Assets 7.55b)
Interest Expense / Debt = 10.18% (Interest Expense 338.0m / Debt 3.32b)
Taxrate = 8.93% (27.7m / 310.3m)
NOPAT = 554.7m (EBIT 609.1m * (1 - 8.93%))
Current Ratio = 0.76 (Total Current Assets 2.60b / Total Current Liabilities 3.41b)
Debt / Equity = 7.86 (Debt 3.32b / totalStockholderEquity, last quarter 422.7m)
Debt / EBITDA = 2.15 (Net Debt 2.69b / EBITDA 1.25b)
Debt / FCF = 3.93 (Net Debt 2.69b / FCF TTM 684.9m)
Total Stockholder Equity = 235.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.07% (Net Income 224.5m / Total Assets 7.55b)
RoE = 95.27% (Net Income TTM 224.5m / Total Stockholder Equity 235.7m)
RoCE = 17.83% (EBIT 609.1m / Capital Employed (Equity 235.7m + L.T.Debt 3.18b))
RoIC = 15.53% (NOPAT 554.7m / Invested Capital 3.57b)
WACC = 8.29% (E(4.78b)/V(8.10b) * Re(7.61%) + D(3.32b)/V(8.10b) * Rd(10.18%) * (1-Tc(0.09)))
Discount Rate = 7.61% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -74.72 | Cagr: -1.07%
[DCF] Terminal Value 75.44% ; FCFF base≈684.9m ; Y1≈687.7m ; Y5≈728.5m
[DCF] Fair Price = 141.1 (EV 11.3b - Net Debt 2.69b = Equity 8.64b / Shares 61.2m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.40 | # QB: 1
Revenue Correlation: -88.49 | Revenue CAGR: -16.87% | SUE: 2.59 | # QB: 2
EPS current Quarter (2026-09-30): EPS=6.73 | Chg30d=+37.54% | Revisions=+44% | Analysts=9
EPS current Year (2026-12-31): EPS=15.93 | Chg30d=+38.57% | Revisions=+44% | GrowthEPS=+141.3% | GrowthRev=+32.0%
EPS next Year (2027-12-31): EPS=7.85 | Chg30d=+92.30% | Revisions=+67% | GrowthEPS=-50.7% | GrowthRev=-9.2%
[Analyst] Revisions Ratio: +67% (up=16, down=2)