Delek Logistics Partners, LP vs Summit Midstream
Delek Logistics Partners, LP is the larger business, with $1.01bn of revenue in fiscal 2025 against $562m for Summit Midstream (1.8 times as much). Summit Midstream grew faster (30.8% against 7.7%). Delek Logistics Partners, LP kept more of each dollar of sales as profit: a net margin of 17.4% against -1.1%.
| Latest fiscal year | Delek Logistics Partners, LPDKL, 2025 | Summit MidstreamSMC, 2025 |
|---|---|---|
| Revenue | $1.01bn | $562m |
| Revenue growth | 7.7% | 30.8% |
| Net income | $176m | −$5.9m |
| Operating margin | — | — |
| Net margin | 17.4% | -1.1% |
| Return on equity | — | -1.2% |
| Free cash flow | −$30.6m | $44.6m |
| Cash | $10.9m | $9.3m |
| Total debt | $2.36bn | $1.05bn |
| Debt to equity | — | 193.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $10.0m | — |
| Employees | — | 296 |
| Market value | $2.86bn | $420m |
| Price vs our value range | Below our value range | — |
| Moat score | 74 (Strong) | — |
| Insider trades, 12 months | 5 buys, 5 sales | 1 buys, 3 sales |