$47.17
-0.011%Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal. It owns and operates four independent refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana, as well as three biodiesel facilities in Crossett, Arkansas, Cleburne, Texas, and New Albany. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. It owns or leases capacity on approximately 400 miles of crude oil transportation pipelines, approximately 450 miles of refined product pipelines, an approximately 900-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity; and owns and operates ten light product distribution terminals, as well as markets light products using third-party terminals. The Retail segment owns and leases 248 convenience store sites located primarily in West Texas and New Mexico. Its convenience stores offer various grades of gasoline and diesel under the DK or Alon brand; and food products and service, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise, as well as money orders to the public primarily under the 7-Eleven and DK or Alon brand names. It serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, the U.S. government, and independent retail fuel operators. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโmonitor closely.
Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.
DK โข NYSE
| Delek US Holdings, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
-20.4M | -520.9M | 46.7M | 290.5M | -170.5M | -570.4M | 331M | 383.6M | 328.5M | -219.7M | 43.7M | 226M | 135.7M | 276M | 163.1M | -79.9M | 700K | 26.5M | 96.4M | 93M | |
397.8M | 374.5M | 339.5M | 275M | 264.6M | 278.4M | 203.8M | 199.4M | 153.3M | 116.4M | 134M | 111.5M | 89.8M | 82.5M | 74.1M | 61.1M | 52.4M | 40.9M | 38M | 27M | |
-10.5M | -103.6M | -1.6M | 61.6M | -59.4M | -32.1M | 62.1M | -29M | -49.4M | -154.4M | 17.4M | 37M | 38.9M | 15.1M | 57.7M | -4.6M | 39.8M | 10M | 10.3M | 22.8M | |
0.0 | 33.8M | 27.5M | 29.1M | 24.6M | 22.8M | 25.8M | 21.4M | 17.5M | 16.4M | 16.8M | 13.9M | 15M | 6.2M | 2.7M | 3.1M | 4M | 0.0 | 0.0 | 0.0 | |
199.2M | 199.1M | 89.9M | 57.2M | 38M | 164.1M | 26.7M | -400K | -181.8M | 331M | 20.5M | 1.4M | 6.3M | 4.7M | -3.8M | 64.3M | -21.9M | 20.3M | -400K | 1.2M | |
(0.0) | (3.8M) | (10.8M) | (27.6M) | (4.2M) | (3.6M) | (94.2M) | (103.9M) | (70.5M) | (1.7M) | (5.1M) | (111.7M) | (73.7M) | (111.3M) | (54.6M) | (1.6M) | (1.7M) | (5.1M) | (0.0) | (0.0) | |
-14.6M | -49.7M | 511.6M | -288.1M | 274.1M | -145.7M | -74.2M | -14.7M | 64M | 178.5M | -52.4M | -72.9M | -183M | 78.4M | -163.7M | 27M | 62.8M | -71.1M | 32.4M | -33.8M | |
551.5M | -66.8M | 1B | 425.3M | 371.4M | -282.9M | 575.2M | 560.3M | 332.1M | 268.2M | 180M | 316.9M | 102.7M | 462.9M | 130.1M | 71M | 137.8M | 28.3M | 179.9M | 110.2M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-542M | -427.7M | -392.5M | -280.2M | -223.2M | -272.2M | -432.9M | -323.7M | -177.5M | -47M | -221.3M | -256.9M | -222.3M | -132M | -81M | -57M | -170M | -102.1M | -87.7M | -97.5M | |
-170.9M | (0.0) | (0.0) | -625.7M | -1.7M | (8.7M) | -260.3M | (110.6M) | (190.4M) | -61.6M | -241.3M | -33.8M | -23.2M | -27.4M | -105.2M | (0.0) | (0.0) | (0.0) | -74.6M | -107.3M | |
-2.1M | -400K | -11.9M | (0.0) | -1.7M | -31.2M | -267.4M | -200K | -5.8M | -61.6M | -240.9M | (0.0) | (0.0) | -4.1M | -13M | (0.0) | (0.0) | -472.8M | -3.3B | -520.2M | |
0.0 | 0.0 | 0.0 | 0.0 | 1.7M | 31.2M | 267.4M | 1.7M | 12.5M | 349.8M | 233.7M | 0.0 | 0.0 | 4.1M | 199.2M | 0.0 | 14.3M | 517.2M | 3.2B | 473.6M | |
1.4M | 186.6M | -3.6M | -25.7M | 46.5M | 72.2M | 1.9M | 86.3M | 5.6M | 900K | 9.4M | 1.3M | 1.1M | 200K | -195.7M | 12.5M | 52.8M | 18.6M | 300K | 0.0 | |
-713.6M | -241.5M | -408M | -931.6M | -178.4M | -191.3M | -691.3M | -125.3M | (25.2M) | (180.5M) | -460.4M | -289.4M | -244.4M | -159.2M | -195.7M | -44.5M | -102.9M | -39.1M | -222.7M | -251.4M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-79.4M | 256.4M | -85.4M | -190.5M | 2.1M | -4M | -178.1M | -365.3M | -25M | -6M | -42.2M | -74.7M | -37.9M | 175.5M | 0.0 | 0.0 | 0.0 | 0.0 | 3.9M | 167.4M | |
456.3M | 168.1M | -463.2M | 873.4M | -132M | 275.3M | 279.9M | 309.1M | 64.9M | 24.5M | 196.8M | 154.4M | 48.1M | -75.6M | 61.8M | -21.3M | -33.9M | -70.9M | 67.6M | 16.8M | |
-62M | -64.2M | -60.3M | -42.8M | (0.0) | -69.1M | -86.8M | -80.1M | -44M | -37.5M | -37.1M | -59.2M | -57.3M | -35.5M | -19.5M | -8.4M | -8.1M | -8M | -28.5M | -1.9M | |
-79.4M | -41.5M | -85.4M | -193.6M | (0.0) | -4M | -178.1M | -365.3M | -25M | -6M | -42.2M | -74.7M | -37.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-262.6M | -67.8M | -15.8M | -149M | 5.9M | 106.6M | -13.7M | -161.3M | -95.5M | -41.2M | 25.4M | -3.9M | -12.9M | 7.7M | 200.1M | -16.1M | 60.2M | 0.0 | 2.5M | 1.5M | |
52.3M | 221.7M | -624.7M | 491.1M | -124M | 306.4M | -7.9M | -297.6M | -104.6M | -61.7M | 138.5M | 16.6M | -60M | 72.1M | 242.4M | -45.8M | 18.2M | -78.9M | 45.5M | 180.2M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-109.8M | -86.6M | -19.1M | -15.2M | 69M | -167.8M | -124M | 137.4M | 252.7M | 387M | -141.9M | 44.1M | -201.7M | 375.8M | 176.8M | -19.3M | 53.1M | -89.7M | 2.7M | 39M | |
735.6M | 822.2M | 841.3M | 856.5M | 787.5M | 955.3M | 1.1B | 941.9M | 679.1M | 302.2M | 444.1M | 400M | 601.7M | 225.9M | 49.1M | 68.4M | 15.3M | 105M | 101.6M | 62.6M | |
625.8M | 735.6M | 822.2M | 841.3M | 856.5M | 787.5M | 955.3M | 1.1B | 931.8M | 689.2M | 302.2M | 444.1M | 400M | 601.7M | 225.9M | 49.1M | 68.4M | 15.3M | 104.3M | 101.6M | |
22M | -497.4M | 616.8M | 139.5M | 148.2M | -555.1M | 142.3M | 236.6M | 154.6M | 221.2M | -41.3M | 60M | -119.6M | 330.9M | 49.1M | 14M | -32.2M | -73.8M | 92.2M | 12.7M |
DK - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 10, 2026 | April 09, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 10, 2026 | April 20, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 27, 2026 | 2026 |
Continue your DK research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.