
HF Sinclair Corporation
EnergyNYSE:DINO · New York Stock Exchange
+$1.15 today
Vol 1.48M · Avg 2.36M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$27.6B of revenue converted into $1.2B of net income for the selected period. Gross margin is 10.7% and net margin is 4.3%, showing how much revenue survives after costs and taxes. EPS is $6.66, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.9B -6.0% | $28.6B -10.6% | $32.0B -16.3% | $38.2B +107.8% | $18.4B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $25.5B +0.4% | $25.4B -5.4% | $26.8B -14.5% | $31.4B +99.2% | $15.8B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.4B -56.6% | $3.2B -37.6% | $5.1B -24.6% | $6.8B +159.3% | $2.6B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 5.2% -6.0pp | 11.2% -4.8pp | 16.1% -1.8pp | 17.8% +3.5pp | 14.3% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $456.0M +2.0% | $447.0M -10.3% | $498.2M +16.8% | $426.5M +17.8% | $362.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $456.0M -84.5% | $2.9B +0.4% | $2.9B +6.3% | $2.8B +46.9% | $1.9B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $909.0M +9.3% | $832.0M +7.9% | $771.0M +17.4% | $657.0M +30.5% | $503.5M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.9B +52.9% | $1.2B -61.0% | $3.1B -34.7% | $4.8B +236.8% | $1.4B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 6.9% +2.7pp | 4.3% -5.5pp | 9.7% -2.7pp | 12.5% +4.8pp | 7.7% | 5.6% | 46.3% | 42.0% |
| Operating Income | $936.0M +258.6% | $261.0M -88.2% | $2.2B -45.7% | $4.1B +441.1% | $749.2M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 3.5% +2.6pp | 0.9% -6.0pp | 6.9% -3.7pp | 10.6% +6.5pp | 4.1% | 16.6% | 24.1% | 22.0% |
| Interest Income | $42.0M -44.0% | $75.0M -19.8% | $93.5M +209.7% | $30.2M +650.9% | $4.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $217.0M +31.5% | $165.0M -13.5% | $190.8M +8.6% | $175.6M +40.3% | $125.2M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$204.0M -374.4% | -$43.0M +14.0% | -$50.0M +57.7% | -$118.2M -411.3% | $38.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $732.0M +235.8% | $218.0M -89.9% | $2.2B -45.3% | $3.9B +400.0% | $787.2M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 2.7% +2.0pp | 0.8% -6.0pp | 6.7% -3.6pp | 10.3% +6.0pp | 4.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $146.0M +329.4% | $34.0M -92.3% | $441.6M -50.7% | $894.9M +622.3% | $123.9M | $1.3B | -$1.6B | $745.2M |
| Net Income | $579.0M +227.1% | $177.0M -88.9% | $1.6B -45.6% | $2.9B +423.5% | $558.3M | $4.9B | $4.8B | $4.7B |
| Net Margin | 2.2% +1.5pp | 0.6% -4.4pp | 5.0% -2.7pp | 7.6% +4.6pp | 3.0% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $3 +241.8% | $1 -89.0% | $8 -41.9% | $14 +321.2% | $3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $3 +241.8% | $1 -89.0% | $8 -41.9% | $14 +321.2% | $3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $186.5M -2.9% | $192.1M +1.1% | $190.0M -6.2% | $202.6M +24.6% | $162.6M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $186.5M -2.9% | $192.1M +1.1% | $190.0M -6.2% | $202.6M +24.6% | $162.6M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Ovintiv Inc.
NYSE:OVV
$16.08B

Plains All American Pipeline, L.P.
NASDAQ:PAA
$15.81B
DT Midstream, Inc.
NYSE:DTM
$14.58B

Permian Resources Corporation
NYSE:PR
$14.02B

APA Corporation
NASDAQ:APA
$13.12B

Antero Resources Corporation
NYSE:AR
$10.76B

Antero Midstream Corporation
NYSE:AM
$10.28B

Range Resources Corporation
NYSE:RRC
$9.08B

Sunoco LP
NYSE:SUN
$8.86B

National Fuel Gas Company
NYSE:NFG
$7.37B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does DINO generate?
HF Sinclair Corporation (DINO) reported $26.87B of revenue in fiscal 2025.
Is DINO profitable?
HF Sinclair Corporation (DINO) reported $579.00M of net income, with a net margin of 2.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.