Delek US Holdings, Inc. (DK) Financial Ratios
24 years of historical data (2002–2025) · Energy · Oil & Gas Refining & Marketing
EV/EBITDA
↓
6.64
-8% vs avg
5yr avg: 7.24
30Y Low2.3·High24.2
P/FCF
↑
115.53
↑+336% vs avg
5yr avg: 26.48
30Y Low2.8·High81.8
P/B Ratio
↑
4.60
↑+130% vs avg
5yr avg: 2.00
30Y Low0.5·High3.3
ROE
↑
-4.1%
↓+67% vs avg
5yr avg: -12.5%
30Y Low-73%·High73%
Debt/EBITDA
↓
4.22
↓-28% vs avg
5yr avg: 5.88
30Y Low0.7·High12.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Delek US Holdings, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 115.5x P/FCF, 336% above the 5-year average of 26.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.5B | $1.8B | $1.2B | $1.7B | $1.9B | $1.1B | $1.2B | $2.6B | $2.8B | $2.5B | $1.5B |
| Enterprise Value | $5.3B | $4.5B | $3.3B | $3.6B | $4.3B | $2.7B | $2.9B | $3.9B | $3.5B | $3.1B | $1.6B |
| P/E Ratio → | -109.13 | — | — | 86.00 | 7.50 | — | — | 8.45 | 8.17 | 8.73 | — |
| P/S Ratio | 0.24 | 0.17 | 0.10 | 0.10 | 0.10 | 0.10 | 0.16 | 0.28 | 0.28 | 0.35 | 0.36 |
| P/B Ratio | 4.60 | 3.29 | 2.05 | 1.77 | 1.81 | 1.09 | 1.05 | 1.40 | 1.54 | 1.29 | 1.26 |
| P/FCF | 115.53 | 81.84 | — | 2.76 | 13.84 | 7.48 | — | 18.04 | 11.92 | 16.34 | 6.74 |
| P/OCF | 4.61 | 3.26 | — | 1.68 | 4.54 | 2.99 | — | 4.46 | 5.03 | 7.61 | 5.56 |
P/E links to full P/E history page with 30-year chart
DK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Delek US Holdings, Inc.'s enterprise value stands at 6.6x EBITDA, 8% below its 5-year average of 7.2x. The Energy sector median is 7.8x, placing the stock at a 15% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.42 | 0.28 | 0.21 | 0.22 | 0.25 | 0.40 | 0.42 | 0.35 | 0.42 | 0.39 |
| EV / EBITDA | 6.64 | 5.70 | — | 5.73 | 5.89 | 11.64 | — | 5.29 | 4.33 | 8.99 | 24.21 |
| EV / EBIT | 13.31 | 11.78 | — | 11.57 | 8.34 | — | — | 7.24 | 5.77 | 7.79 | — |
| EV / FCF | — | 205.78 | — | 5.86 | 30.93 | 18.06 | — | 27.15 | 14.90 | 19.79 | 7.39 |
DK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Delek US Holdings, Inc. earns an operating margin of 3.7%, below the Energy sector average of 13.8%. Operating margins have expanded from 1.7% to 3.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -4.1% indicates the company is currently destroying shareholder equity. ROIC of 9.9% represents adequate returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 5.3% | 5.3% | -0.6% | 6.1% | 3.7% | 2.1% | -3.9% | 9.6% | 9.6% | 7.0% | 3.2% |
| Operating Margin | 3.7% | 3.7% | -4.1% | 1.7% | 2.3% | -0.3% | -10.0% | 5.3% | 6.0% | 2.6% | -1.2% |
| Net Profit Margin | -0.2% | -0.2% | -4.7% | 0.1% | 1.3% | -1.2% | -8.4% | 3.3% | 3.4% | 4.0% | -3.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.1% | -4.1% | -73.0% | 2.0% | 24.7% | -12.0% | -41.3% | 17.0% | 18.2% | 18.4% | -12.1% |
| ROA | -0.3% | -0.3% | -8.1% | 0.3% | 3.4% | -2.0% | -9.3% | 4.9% | 5.9% | 6.5% | -4.9% |
| ROIC | 9.9% | 9.9% | -13.2% | 6.6% | 11.4% | -1.0% | -18.3% | 13.0% | 18.2% | 7.3% | -2.2% |
| ROCE | 9.4% | 9.4% | -11.4% | 5.8% | 10.4% | -0.9% | -16.5% | 11.2% | 16.6% | 7.0% | -2.1% |
DK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Delek US Holdings, Inc. carries a Debt/EBITDA ratio of 4.2x, which is highly leveraged (62% above the sector average of 2.6x). Net debt stands at $2.7B ($3.4B total debt minus $626M cash). Interest coverage of just 1.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 6.13 | 6.13 | 4.98 | 2.85 | 3.02 | 2.39 | 2.25 | 1.23 | 0.98 | 0.75 | 0.70 |
| Debt / EBITDA | 4.22 | 4.22 | — | 4.33 | 4.40 | 10.54 | — | 3.08 | 2.19 | 4.31 | 12.34 |
| Net Debt / Equity | — | 4.98 | 3.70 | 1.99 | 2.23 | 1.55 | 1.55 | 0.71 | 0.39 | 0.27 | 0.12 |
| Net Debt / EBITDA | 3.44 | 3.44 | — | 3.03 | 3.26 | 6.82 | — | 1.77 | 0.87 | 1.57 | 2.13 |
| Debt / FCF | — | 123.94 | — | 3.10 | 17.09 | 10.58 | — | 9.11 | 2.98 | 3.45 | 0.65 |
| Interest Coverage | 1.11 | 1.11 | -1.26 | 0.98 | 2.64 | -0.00 | -4.97 | 4.07 | 4.85 | 4.19 | -6.19 |
DK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.82x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.99x to 0.82x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.82 | 0.82 | 0.93 | 0.99 | 1.20 | 0.97 | 1.21 | 1.26 | 1.45 | 0.98 | 1.49 |
| Quick Ratio | 0.53 | 0.53 | 0.57 | 0.64 | 0.71 | 0.56 | 0.83 | 0.86 | 1.04 | 0.68 | 1.07 |
| Cash Ratio | 0.25 | 0.25 | 0.29 | 0.31 | 0.27 | 0.27 | 0.41 | 0.41 | 0.65 | 0.35 | 0.73 |
| Asset Turnover | — | 1.57 | 1.78 | 2.36 | 2.42 | 1.56 | 1.19 | 1.33 | 1.77 | 1.22 | 1.41 |
| Inventory Turnover | 13.99 | 13.99 | 13.35 | 16.87 | 12.55 | 8.27 | 10.43 | 8.88 | 13.32 | 8.36 | 10.35 |
| Days Sales Outstanding | — | 22.33 | 19.23 | 17.24 | 23.14 | 26.74 | 33.49 | 33.79 | 18.46 | 29.22 | 23.13 |
DK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Delek US Holdings, Inc. returns 5.6% to shareholders annually — split between a 2.5% dividend yield and 3.1% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.5% | 3.4% | 5.4% | 3.5% | 2.2% | — | 5.8% | 3.4% | 2.8% | 1.7% | 2.5% |
| Payout Ratio | — | — | — | 304.5% | 16.6% | — | — | 27.9% | 23.2% | 15.2% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 1.2% | 13.3% | — | — | 11.8% | 12.2% | 11.4% | — |
| FCF Yield | 0.9% | 1.2% | — | 36.2% | 7.2% | 13.4% | — | 5.5% | 8.4% | 6.1% | 14.8% |
| Buyback Yield | 3.1% | 4.4% | 3.5% | 5.0% | 10.0% | 0.0% | 0.3% | 6.9% | 13.0% | 1.0% | 0.4% |
| Total Shareholder Yield | 5.6% | 7.9% | 8.9% | 8.6% | 12.2% | 0.0% | 6.2% | 10.3% | 15.8% | 2.7% | 2.9% |
| Shares Outstanding | — | $61M | $64M | $66M | $72M | $74M | $74M | $77M | $87M | $72M | $62M |
Peer Comparison
Compare DK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DKYou | $3B | -109.1 | 6.6 | 115.5 | 5.3% | 3.7% | -4.1% | 9.9% | 4.2 |
 PBF | $4B | -26.8 | 11.1 | — | -1.9% | -0.2% | -2.8% | -0.5% | 4.8 |
 CVI | $3B | 101.5 | 7.1 | — | 4.4% | 2.3% | 3.0% | 6.2% | 3.2 |
 PARR | $3B | 7.1 | 5.5 | 8.5 | 18.1% | 7.2% | 26.9% | 15.1% | 2.0 |
 CLMT | $3B | -83.7 | 15.3 | 50.3 | 5.9% | 1.3% | — | 5.0% | 1.9 |
 VLO | $71B | 31.2 | 10.4 | 14.0 | 4.4% | 3.5% | 8.7% | 9.5% | 1.6 |
 MPC | $71B | 18.3 | 11.3 | 14.9 | 7.5% | 4.3% | 16.7% | 8.3% | 3.8 |
 PSX | $67B | 15.4 | 13.0 | 24.4 | 4.9% | 2.7% | 15.0% | 5.3% | 3.4 |
 DINO | $12B | 20.7 | 7.5 | 13.4 | 5.2% | 3.5% | 6.2% | 6.1% | 1.8 |
 DKL | $3B | 15.3 | 8.7 | — | 20.9% | 18.0% | 847.5% | 14.1% | 0.1 |
 MPLX | $58B | 11.8 | 13.4 | 14.1 | 45.2% | 40.3% | 34.4% | 9.9% | 4.3 |
| Energy Median | — | 15.4 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 23 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
DK — Frequently Asked Questions
Quick answers to the most common questions about buying DK stock.
What is Delek US Holdings, Inc.'s P/E ratio?
Delek US Holdings, Inc.'s current P/E ratio is -109.1x. The historical average is 20.1x.
What is Delek US Holdings, Inc.'s EV/EBITDA?
Delek US Holdings, Inc.'s current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.2x.
What is Delek US Holdings, Inc.'s ROE?
Delek US Holdings, Inc.'s return on equity (ROE) is -4.1%. The historical average is 7.0%.
Is DK stock overvalued?
Based on historical data, Delek US Holdings, Inc. is trading at a P/E of -109.1x. Compare with industry peers and growth rates for a complete picture.
What is Delek US Holdings, Inc.'s dividend yield?
Delek US Holdings, Inc.'s current dividend yield is 2.46%.
What are Delek US Holdings, Inc.'s profit margins?
Delek US Holdings, Inc. has 5.3% gross margin and 3.7% operating margin.
How much debt does Delek US Holdings, Inc. have?
Delek US Holdings, Inc.'s Debt/EBITDA ratio is 4.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.