DKL Stock Analysis: Delek Logistics | NYSE

Oil & Gas Refining & Marketing | NYSE, USA | Market Cap: 3.167m USD | 12M Return: 40.2% | US24664T1034 | Charts, Fundamentals & Technical Analysis

Crude Oil, Refined Products, Natural Gas, Storage
Total Rating 53
Safety 47
Buy Signal 0.01
Oil & Gas Refining & Marketing
Industry Rotation: +1.5
Market Cap: 3.17B
Avg Turnover: 7.98M
Risk 3d forecast
Volatility26.8%
VaR 5th Pctl4.54%
VaR vs Median3.05%
Reward TTM
Sharpe Ratio1.10
Rel. Str. IBD71.7
Rel. Str. Peer Group37.5
Character TTM
Beta0.322
Beta Downside0.225
Hurst Exponent0.465
Drawdowns 3y
Max DD26.81%
CAGR/Max DD0.78
CAGR/Mean DD2.33
EPS (Earnings per Share) EPS (Earnings per Share) of DKL over the last years for every Quarter: "2021-09": 1, "2021-12": 0.96, "2022-03": 0.91, "2022-06": 0.74, "2022-09": 1.03, "2022-12": 0.98, "2023-03": 0.86, "2023-06": 0.73, "2023-09": 0.79, "2023-12": 0.84, "2024-03": 0.75, "2024-06": 0.72, "2024-09": 1.51, "2024-12": 1.3304, "2025-03": 0.65, "2025-06": 1.41, "2025-09": 0.85, "2025-12": 1.7058, "2026-03": 1.3, "2026-06": 0.54,
EPS CAGR: 19.00%
EPS Trend: 86.0%
Last SUE: -1.66
Qual. Beats: -1
Revenue Revenue of DKL over the last years for every Quarter: 2021-09: 189.627, 2021-12: 189.884, 2022-03: 206.581, 2022-06: 266.75, 2022-09: 294.025, 2022-12: 269.051, 2023-03: 243.525, 2023-06: 246.911, 2023-09: 275.824, 2023-12: 254.149, 2024-03: 252.075, 2024-06: 264.628, 2024-09: 214.07, 2024-12: 209.863, 2025-03: 249.93, 2025-06: 246.35, 2025-09: 261.277, 2025-12: 255.766, 2026-03: 297.466, 2026-06: 384.76,
Rev. CAGR: 1.78%
Rev. Trend: 22.3%
Last SUE: 2.21
Qual. Beats: 2

Warnings

High Debt/EBITDA With Thin Interest Coverage

Tailwinds

Confidence

Seasonality 11.6 years of data

Jan +4.5% 48
Feb -3.8% 31
Mar -6.1% 37
Apr +2.0% 5
May +0.9% 10
Jun +0.1% 7
Jul +0.6% 28
Aug +2.0% 14
Sep +0.9% 14
Oct -4.6% 24
Nov +0.9% 2
Dec -2.6% 18

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.

Description: DKL Delek Logistics

Delek Logistics Partners, LP (DKL) is a midstream energy company that provides gathering, pipeline, transportation, storage, terminalling, and related services for crude oil, refined products, intermediates, and natural gas across the United States. It operates through four reportable segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investments in Joint Ventures. The partnership is structured as a master limited partnership (MLP), with Delek Logistics GP, LLC serving as its general partner, and is wholly controlled by Delek US Holdings, Inc. as a consolidated subsidiary. Founded in 2012 and headquartered in Brentwood, Tennessee, DKL falls within the Oil & Gas Storage & Transportation sub-industry, a segment of the energy value chain that links upstream production to downstream refineries and end markets.

Headlines to Watch Out For
  • Throughput volumes from Delek US refineries drive segment revenue
  • Permian Basin gathering expansion boosts fee-based cash flow
  • Distribution coverage ratio supports sustainable unitholder returns
Piotroski VR-10 (Strict) 4.0
Net Income: 154.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 6.91 > 1.0
NWC/Revenue: -1.60% < 20% (prev -3.56%; Δ 1.96% < -1%)
CFO/TA 0.12 > 3% & CFO 334.1m > Net Income 154.1m
Net Debt (2.43b) to EBITDA (461.2m): 5.27 < 3
Current Ratio: 0.96 > 1.5 & < 3
Outstanding Shares: last quarter (53.2m) vs 12m ago -0.44% < -2%
Gross Margin: 17.34% > 18% (prev 22.99%; Δ -5.65% > 0.5%)
Asset Turnover: 42.65% > 50% (prev 33.43%; Δ 9.23% > 0%)
Interest Coverage Ratio: 1.47 > 6 (EBIT TTM 320.7m / Interest Expense TTM 218.2m)
Beneish M -2.98
DSRI: 0.84 (Receivables 427.6m/389.6m, Revenue 1.20b/920.2m)
GMI: 1.33 (GM 22.99% / 17.34%)
AQI: 0.44 (AQ_t 0.15 / AQ_t-1 0.34)
SGI: 1.30 (Revenue 1.20b / 920.2m)
TATA: -0.06 (NI 154.1m - CFO 334.1m) / TA 2.87b)
Beneish M = -2.98 (Cap -4..+1) = A
What is the price of DKL shares?

As of September 01, 2026, the stock is trading at USD 55.47 with a total of 84,054 shares traded. Over the past week, the price has changed by +2.95%, over one month by -6.26%, over three months by +10.57% and over the past year by +40.22%.

Current recommended Stop Loss: 53.10 (which is 4.3% or 1.4 ATR below the current price).

Is DKL a buy, sell or hold?

Delek Logistics has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold DKL.

  • StrongBuy: 1
  • Buy: 1
  • Hold: 0
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the DKL price?
Analysts Target Price 52.8 -4.8%
Delek Logistics (DKL) - Fundamental Data Overview as of 30 August 2026
Market Cap USD = 3.17b (3.17b USD * 1.0 USD.USD)
P/E Trailing = 18.9585
P/E Forward = 10.3306
P/S = 2.6405
P/B = 445.1485
P/EG = 0.77
Revenue TTM = 1.20b USD
EBIT TTM = 320.7m USD
EBITDA TTM = 461.2m USD
Long Term Debt = 2.37b USD (from longTermDebt, last quarter)
Short Term Debt = 12.0m USD (from shortTermDebt, last quarter)
Debt = 2.44b USD (from shortLongTermDebtTotal, last quarter) + Leases 35.1m
Net Debt = 2.43b USD (calculated: Debt 2.44b - CCE 13.7m)
Enterprise Value = 5.60b USD (3.17b + Debt 2.44b - CCE 13.7m)
Interest Coverage Ratio = 1.47 (Ebit TTM 320.7m / Interest Expense TTM 218.2m)
EV/FCF = 43.63x (Enterprise Value 5.60b / FCF TTM 128.3m)
FCF Yield = 2.29% (FCF TTM 128.3m / Enterprise Value 5.60b)
FCF Margin = 10.70% (FCF TTM 128.3m / Revenue TTM 1.20b)
Net Margin = 12.85% (Net Income TTM 154.1m / Revenue TTM 1.20b)
Gross Margin = 17.34% ((Revenue TTM 1.20b - Cost of Revenue TTM 991.4m) / Revenue TTM)
Gross Margin QoQ = 17.18% (prev 15.38%)
Tobins Q-Ratio = 1.95 (Enterprise Value 5.60b / Total Assets 2.87b)
Interest Expense / Debt = 8.93% (Interest Expense 218.2m / Debt 2.44b)
Taxrate = 0.02% (31.0k / 154.1m)
NOPAT = 320.6m (EBIT 320.7m * (1 - 0.02%))
Current Ratio = 0.96 (Total Current Assets 470.1m / Total Current Liabilities 489.3m)
 Debt / Equity = -35.26 (negative equity) (Debt 2.44b / totalStockholderEquity, last quarter -69.3m)
 Debt / EBITDA = 5.27 (Net Debt 2.43b / EBITDA 461.2m)
Debt / FCF = 18.94 (Net Debt 2.43b / FCF TTM 128.3m)
Total Stockholder Equity = -16.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.48% (Net Income 154.1m / Total Assets 2.87b)
 RoE = -935.8% (negative equity) (Net Income TTM 154.1m / Total Stockholder Equity -16.5m)
 RoCE = 13.61% (EBIT 320.7m / Capital Employed (Equity -16.5m + L.T.Debt 2.37b))
RoIC = 13.47% (NOPAT 320.6m / Invested Capital 2.38b)
WACC = 7.91% (E(3.17b)/V(5.61b) * Re(7.12%) + D(2.44b)/V(5.61b) * Rd(8.93%) * (1-Tc(0.00)))
Discount Rate = 7.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.65 | Cagr: 8.38%
[DCF] Terminal Value 75.44% ; FCFF base≈128.3m ; Y1≈128.8m ; Y5≈136.4m
 [DCF] Fair Price = N/A (negative equity: EV 2.12b - Net Debt 2.43b = -307.1m; debt exceeds intrinsic value)
 EPS Correlation: 86.01 | EPS CAGR: 19.00% | SUE: -1.66 | # QB: -1
Revenue Correlation: 22.29 | Revenue CAGR: 1.78% | SUE: 2.21 | # QB: 2
EPS current Quarter (2026-09-30): EPS=1.05 | Chg30d=+16.76% | Revisions=+17% | Analysts=6
EPS current Year (2026-12-31): EPS=3.49 | Chg30d=+6.23% | Revisions=+50% | GrowthEPS=+5.7% | GrowthRev=+38.5%
EPS next Year (2027-12-31): EPS=4.36 | Chg30d=+16.09% | Revisions=+50% | GrowthEPS=+24.9% | GrowthRev=+1.4%
[Analyst] Revisions Ratio: +58% (up=8, down=1)