Stocks · Energy · Pipe Lines (No Natural Gas)

Delek Logistics Partners, LP

DKL Clue Score53
United States Fiscal year ends December CIK 0001552797
$56.49 -0.19% Close, 9 Oct 2026
Price $56.49 +16.38% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue448.1Operating income77.7Net income62.8Fiscal year 2017Revenue538.1 +20.1%Operating income88.2Net income69.4 +10.5%Fiscal year 2018Revenue657.6 +22.2%Operating income125.8Net income90.2 +29.9%Fiscal year 2019Revenue584.0 −11.2%Operating income125.8Net income96.7 +7.3%Fiscal year 2020Revenue563.4 −3.5%Operating income179.8Net income159.3 +64.6%Fiscal year 2021Revenue700.9 +24.4%Operating income190.5Net income164.8 +3.5%Fiscal year 2022Revenue1,036.4 +47.9%Operating income209.7Net income159.1 −3.5%Fiscal year 2023Revenue1,020.4 −1.5%Operating income238.9Net income126.2 −20.6%Fiscal year 2024Revenue940.6 −7.8%Operating income202.8Net income142.7 +13.0%Fiscal year 2025Revenue1,013.3 +7.7%Operating income181.8Net income176.5 +23.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 448.1 538.1 657.6 584.0 563.4 700.9 1,036.4 1,020.4 940.6 1,013.3
Growth +20.1% +22.2% −11.2% −3.5% +24.4% +47.9% −1.5% −7.8% +7.7%
Operating income 77.7 88.2 125.8 125.8 179.8 190.5 209.7 238.9 202.8 181.8
Net income 62.8 69.4 90.2 96.7 159.3 164.8 159.1 126.2 142.7 176.5
Growth +10.5% +29.9% +7.3% +64.6% +3.5% −3.5% −20.6% +13.0% +23.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin17.3%Net margin14.0%Free cash flow margin20.0%Fiscal year 2017Operating margin16.4%Net margin12.9%Free cash flow margin13.6%Fiscal year 2018Operating margin19.1%Net margin13.7%Free cash flow margin21.3%Fiscal year 2019Operating margin21.5%Net margin16.6%Free cash flow margin20.8%Fiscal year 2020Operating margin31.9%Net margin28.3%Free cash flow margin31.9%Fiscal year 2021Operating margin27.2%Net margin23.5%Free cash flow margin36.0%Fiscal year 2022Operating margin20.2%Net margin15.3%Free cash flow margin4.9%Fiscal year 2023Operating margin23.4%Net margin12.4%Free cash flow margin12.7%Fiscal year 2024Operating margin21.6%Net margin15.2%Free cash flow margin8.2%Fiscal year 2025Operating margin17.9%Net margin17.4%Free cash flow margin−3.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 17.3% 16.4% 19.1% 21.5% 31.9% 27.2% 20.2% 23.4% 21.6% 17.9%
Net margin 14.0% 12.9% 13.7% 16.6% 28.3% 23.5% 15.3% 12.4% 15.2% 17.4%
Free cash flow margin 20.0% 13.6% 21.3% 20.8% 31.9% 36.0% 4.9% 12.7% 8.2% −3.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow100.7Capital expenditure−11.3Free cash flow89.4Fiscal year 2017Operating cash flow91.2Capital expenditure−18.2Free cash flow73.0 −18.3%Fiscal year 2018Operating cash flow153.0Capital expenditure−12.9Free cash flow140.0 +91.7%Fiscal year 2019Operating cash flow130.4Capital expenditure−9.1Free cash flow121.3 −13.4%Fiscal year 2020Operating cash flow193.0Capital expenditure−13.3Free cash flow179.7 +48.1%Fiscal year 2021Operating cash flow275.2Capital expenditure−23.1Free cash flow252.1 +40.3%Fiscal year 2022Operating cash flow192.2Capital expenditure−141.1Free cash flow51.1 −79.7%Fiscal year 2023Operating cash flow225.3Capital expenditure−96.1Free cash flow129.2 +153.0%Buybacks0.0Fiscal year 2024Operating cash flow206.3Capital expenditure−129.0Free cash flow77.3 −40.2%Buybacks0.0Fiscal year 2025Operating cash flow237.1Capital expenditure−267.8Free cash flow−30.6 −139.6%Buybacks−10.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 100.7 91.2 153.0 130.4 193.0 275.2 192.2 225.3 206.3 237.1
Capital expenditure −11.3 −18.2 −12.9 −9.1 −13.3 −23.1 −141.1 −96.1 −129.0 −267.8
Free cash flow 89.4 73.0 140.0 121.3 179.7 252.1 51.1 129.2 77.3 −30.6
Growth −18.3% +91.7% −13.4% +48.1% +40.3% −79.7% +153.0% −40.2% −139.6%
Buybacks n/a n/a n/a n/a n/a n/a n/a 0.0 0.0 −10.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.1Fiscal year 2017Cash4.7Fiscal year 2018Cash4.5Fiscal year 2019Cash5.5Fiscal year 2020Cash4.2Fiscal year 2021Cash4.3Total debt899.0Net cash (debt)−894.7Fiscal year 2022Cash8.0Total debt1,661.6Net cash (debt)−1,653.6Fiscal year 2023Cash3.8Total debt1,703.8Net cash (debt)−1,700.0Fiscal year 2024Cash5.4Total debt1,875.4Net cash (debt)−1,870.0Fiscal year 2025Cash10.9Total debt2,344.4Net cash (debt)−2,333.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.1 4.7 4.5 5.5 4.2 4.3 8.0 3.8 5.4 10.9
Total debt n/a n/a n/a n/a n/a 899.0 1,661.6 1,703.8 1,875.4 2,344.4
Net cash (debt) n/a n/a n/a n/a n/a −894.7 −1,653.6 −1,700.0 −1,870.0 −2,333.5

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
448.1 538.1 657.6 584.0 563.4 700.9 1,036.4 1,020.4 940.6 1,013.3
Growth +20.1% +22.2% −11.2% −3.5% +24.4% +47.9% −1.5% −7.8% +7.7%
355.0 432.1 509.1 432.7 356.7 484.8 787.0 735.4 696.9 798.2
10.3 11.8 17.2 20.8 22.6 21.5 34.2 24.8 35.9 28.6
77.7 88.2 125.8 125.8 179.8 190.5 209.7 238.9 202.8 181.8
Growth +13.6% +42.6% +0.0% +42.9% +6.0% +10.1% +14.0% −15.1% −10.3%
62.9 69.2 90.7 97.7 159.5 165.0 159.4 127.4 143.2 176.9
0.1 −0.2 0.5 1.0 0.2 0.2 0.4 1.2 0.5 0.5
62.8 69.4 90.2 96.7 159.3 164.8 159.1 126.2 142.7 176.5
Growth +10.5% +29.9% +7.3% +64.6% +3.5% −3.5% −20.6% +13.0% +23.7%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 12.5% a year over five years.
  • Operating margin is down 14.0 points on five years ago, at 17.9%.
  • Profitable in every one of the 10 years on file.