Calumet vs Delek US Holdings
Delek US Holdings is the larger business, with $10.72bn of revenue in fiscal 2025 against $4.14bn for Calumet (2.6 times as much). Calumet grew faster (-1.2% against -9.5%). Delek US Holdings kept more of each dollar of sales as profit: a net margin of -0.2% against -0.8%.
| Latest fiscal year | CalumetCLMT, 2025 | Delek US HoldingsDK, 2025 |
|---|---|---|
| Revenue | $4.14bn | $10.72bn |
| Revenue growth | -1.2% | -9.5% |
| Net income | −$33.8m | −$22.8m |
| Operating margin | 2.6% | — |
| Net margin | -0.8% | -0.2% |
| Return on equity | — | -4.1% |
| Free cash flow | $56.6m | $6.3m |
| Cash | $125m | $626m |
| Total debt | $2.27bn | $3.28bn |
| Debt to equity | — | — |
| Dividend per share | — | $1.02 |
| Dividend yield | — | 1.4% |
| Share buybacks | — | — |
| Employees | 1,540 | 1,902 |
| Market value | $4.16bn | $4.45bn |
| Price vs our value range | Above our value range | — |
| Moat score | — | 32 (Weak) |
| Insider trades, 12 months | 0 buys, 7 sales | 0 buys, 66 sales |