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Delek Logistics Partners, LP (DKL) stock

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NYSE: DKL NYSE Oil & Gas Storage & Transportation Next results ~November 6, 2026

C Fundamentals grade

Delek Logistics Partners, LP is a US-listed company in the oil & gas storage & transportation industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 202% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 202% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Delek Logistics Partners, LP valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders5 buying, 1 selling5 purchases and 5 sales by directors and officers, last 12 monthsInsider trades
  • Funds37 adding, 25 cuttingOf 4 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Delek Logistics Partners files

Where Delek Logistics Partners, LP stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.20bn, up 30.3% on a year earlier, faster than the 13.0% growth a quarter earlier. That growth ranks 3 of 18 among the oil & gas storage & transportation companies we cover. Free-cash-flow margin rose to 9.9% from -7.3% a year earlier. Operating margin narrowed to 15.3% from 18.5%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 0 of our 4 financial-health checks.

Our model value for Delek Logistics Partners is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 6, 2026 (estimated)

Delek Logistics Partners, LP's trailing-twelve-month revenue grew 30.3% year on year, with a free-cash-flow margin of 9.9%. Where it stands out: revenue growth of 30.3% ranks 4 of 29 oil & gas storage & transportation companies we cover. Where it lags: long-term debt as % of assets of 82.7% ranks 24 of 26 oil & gas storage & transportation companies we cover.

Our discounted-cash-flow model values the business at ~$93 per share in the base case (~$59–$140 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth accelerating: TTM revenue growth rose to 30.3% (+17.3pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 30.3% over the last 12 months, against a median of 8.8% for oil & gas storage & transportation companies we cover.
  • Growth speeding up. The growth rate is 17.3 points higher than a quarter earlier.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 17.3% over 90 days.

Things to watch

  • Results due soon. Results are expected around 6 November; the share price can move sharply on the day.
  • Margins narrowing. Operating margin is down 3.1 points on a year ago.
  • High debt. Long-term debt exceeds cash by $2.4bn, more than 1.5 times annual revenue.
  • Gross margin slipping. Gross margin is down 5.8 points on a year ago.
  • Weak cash conversion. Free cash flow was 77% of net income over the last 12 months.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 82.7% ranks 24 of 26 oil & gas storage & transportation companies we cover (median 46.2%).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.54 against an average estimate of $0.93: missed by 41.8%
Revenue
$385m, up 56.2% on a year earlier
Share reaction
+1.4% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
2026 EBITDA guidance (Adjusted EBITDA) $520m to $560m (2026)
Next report
November 6, 2026

Delek Logistics Partners' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.7%
  • 1 week-3.9%
  • 1 month+0.4%
  • This year+31.4%
  • 1 year+34.9%
  • 5 years+77.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.2B
Operating margin
15.3%
Net margin
12.8%

Growth

Revenue growth
+30.3%
Change in growth rate
+17.3 pts

Cash

Free cash flow (TTM)
$119M
FCF margin
9.9%

Earnings

Last results
August 5, 2026
Next results (est.)
November 6, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Partnership
  2. Announcement
  3. Financing
  4. Announcement
  5. Agreement
  6. Financing
  7. Announcement
  8. Financing
  9. Announcement
  10. Results
  11. Guidance
  12. Partnership
  13. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Delek Logistics Partners, LP valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 202% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Delek Logistics Partners, LP as an operating company, with every model that fits that kind of business. Cost of equity 7.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.55 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$64 ~$53–$87 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Delek Logistics Partners, LP with Oil & Gas Storage & Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

74 /100

Strong moat

How hard Delek Logistics Partners's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 18.7% of total assets over 6 years.

  • Pricing power 7 / 20

    Gross margin has been a median 26.2%, moving by 5.0 percentage points (standard deviation) across 9 years.

  • Durability 16 / 20

    Operating margin has been a median 21.0%; its worst year was 15.3%.

  • Cash conversion 16 / 20

    Free cash flow was positive in 7 of 10 years, at a median 18.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 6, 2026, before the open. Analysts expect revenue of $355m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.49 +6% $1.4bn +39%
Next $4.43 +27% $1.4bn +2%

Next year's EPS estimate has moved +17.3% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +3.0% on 90 days ago. In the last 30 days, 0 analysts raised Delek Logistics Partners, LP's forecast and 1 cut it.

Consensus EPS forecast Delek Logistics Partners, LP, last 90 days
$3.00 $3.50 $4.00 $4.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.38 Current fiscal year, 60 days ago: $3.49 Current fiscal year, 30 days ago: $3.47 Current fiscal year, 7 days ago: $3.49 Current fiscal year, Now: $3.49 $3.49 Next fiscal year, 90 days ago: $3.78 Next fiscal year, 60 days ago: $4.36 Next fiscal year, 30 days ago: $4.29 Next fiscal year, 7 days ago: $4.43 Next fiscal year, Now: $4.43 $4.43

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.38$3.78
60 days ago $3.49$4.36
30 days ago $3.47$4.29
7 days ago $3.49$4.43
Now $3.49$4.43

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.93 $0.54 −41.8%
Sept 2025 $1.04 $0.85 −18.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • 2026 EBITDA guidance (Adjusted EBITDA) 2026 $520m to $560m Non-GAAP Maintained
    “We are reaffirming our 2026 EBITDA guidance of $520 to $560 million, supported by a more diversified cash flow profile, disciplined management of liquidity and leverage, and the strategic progress made to enhance DKL's standalone financial profile.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

6 analysts, Nov 2026
Buy117%
Hold467%
Sell117%

Monthly trend

  1. Nov 20261416
  2. Oct 20261416
  3. Sep 20261416

Counts of recommendations published by analysts covering Delek Logistics Partners, LP, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.0%
of tradable shares
Days to cover
2.47
at average volume
Short interest, 1 month
+68%
to October 15, 2026
Held by institutions
23%
of shares
Held by insiders
58.9%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
DKL+46%+14%+4%+9%+17%+31%
Industry peers (median)+39%+22%+11%+28%+8%+22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DKL58%58%58%67%67%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DKL−18%−29%−35%−20%−18%−13%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 83% from January 6, 2020 to March 18, 2020. Getting back needed a 477% gain, reached on August 5, 2020, 140 days after the low.

Price behaviour

52-week range
$40.53 – $60.00
From 52-week high
−8.1%
vs 50-day average
−1.2%
vs 200-day average
+5.5%
Volatility (1 year)
30%
Beta vs S&P 500
-0.06

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
9 up, 3 down
typical move ±1.9%
After a week
8 up, 4 down
typical move ±2.5%
After a month
7 up, 5 down
typical move ±5.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +1.4% −0.4% +3.3% −4.8%
April 29, 2026 +4.5% +1.0% +2.9% −0.8%
February 27, 2026 +4.4% −0.4% −0.5% −1.7%
November 7, 2025 +0.9% +1.7% +1.7% +1.6%
August 6, 2025 0.0% +0.7% −0.8% −1.5%
May 7, 2025 +1.4% +1.1% +7.0% +12.7%
February 25, 2025 +4.1% −0.4% +4.8% +9.6%
November 6, 2024 +0.8% +3.3% +1.1% +2.1%
August 6, 2024 +1.3% +0.2% −1.4% +9.4%
May 7, 2024 +2.3% +0.1% +2.0% +3.0%
February 27, 2024 −0.7% +0.1% −2.1% −9.7%
November 7, 2023 −0.6% +0.4% +2.3% +4.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Delek Logistics Partners, LP in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Delek Logistics Partners, LP
$900M $1B $1.1B $1.2B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1B Revenue (TTM), FY23 Q4: $1B Revenue (TTM), FY24 Q1: $1B Revenue (TTM), FY24 Q2: $1B Revenue (TTM), FY24 Q3: $984.9M Revenue (TTM), FY24 Q4: $940.6M Revenue (TTM), FY25 Q1: $938.5M Revenue (TTM), FY25 Q2: $920.2M Revenue (TTM), FY25 Q3: $967.4M Revenue (TTM), FY25 Q4: $1B Revenue (TTM), FY26 Q1: $1.1B Revenue (TTM), FY26 Q2: $1.2B $1.2B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1B
FY23 Q4 $1B
FY24 Q1 $1B
FY24 Q2 $1B
FY24 Q3 $984.9M
FY24 Q4 $940.6M
FY25 Q1 $938.5M
FY25 Q2 $920.2M
FY25 Q3 $967.4M
FY25 Q4 $1B
FY26 Q1 $1.1B
FY26 Q2 $1.2B
Revenue growth, TTM YoY Delek Logistics Partners, LP
-20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 8.2% Revenue growth, TTM YoY, FY23 Q4: -1.5% Revenue growth, TTM YoY, FY24 Q1: -4.1% Revenue growth, TTM YoY, FY24 Q2: -0.6% Revenue growth, TTM YoY, FY24 Q3: -4.9% Revenue growth, TTM YoY, FY24 Q4: -7.8% Revenue growth, TTM YoY, FY25 Q1: -8.8% Revenue growth, TTM YoY, FY25 Q2: -12.1% Revenue growth, TTM YoY, FY25 Q3: -1.8% Revenue growth, TTM YoY, FY25 Q4: 7.7% Revenue growth, TTM YoY, FY26 Q1: 13.0% Revenue growth, TTM YoY, FY26 Q2: 30.3% 30.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 8.2%
FY23 Q4 -1.5%
FY24 Q1 -4.1%
FY24 Q2 -0.6%
FY24 Q3 -4.9%
FY24 Q4 -7.8%
FY25 Q1 -8.8%
FY25 Q2 -12.1%
FY25 Q3 -1.8%
FY25 Q4 7.7%
FY26 Q1 13.0%
FY26 Q2 30.3%
Operating margin (TTM) Delek Logistics Partners, LP
15% 20% 25% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 24.0% Operating margin (TTM), FY23 Q4: 23.4% Operating margin (TTM), FY24 Q1: 23.3% Operating margin (TTM), FY24 Q2: 23.7% Operating margin (TTM), FY24 Q3: 22.1% Operating margin (TTM), FY24 Q4: 21.6% Operating margin (TTM), FY25 Q1: 19.8% Operating margin (TTM), FY25 Q2: 18.5% Operating margin (TTM), FY25 Q3: 19.0% Operating margin (TTM), FY25 Q4: 17.9% Operating margin (TTM), FY26 Q1: 16.4% Operating margin (TTM), FY26 Q2: 15.3% 15.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 24.0%
FY23 Q4 23.4%
FY24 Q1 23.3%
FY24 Q2 23.7%
FY24 Q3 22.1%
FY24 Q4 21.6%
FY25 Q1 19.8%
FY25 Q2 18.5%
FY25 Q3 19.0%
FY25 Q4 17.9%
FY26 Q1 16.4%
FY26 Q2 15.3%
FCF margin (TTM) Delek Logistics Partners, LP
-20% -10% 0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -11.7% FCF margin (TTM), FY23 Q4: 12.2% FCF margin (TTM), FY24 Q1: 15.2% FCF margin (TTM), FY24 Q2: 21.2% FCF margin (TTM), FY24 Q3: 14.9% FCF margin (TTM), FY24 Q4: 7.9% FCF margin (TTM), FY25 Q1: 1.5% FCF margin (TTM), FY25 Q2: -7.3% FCF margin (TTM), FY25 Q3: -5.1% FCF margin (TTM), FY25 Q4: -4.3% FCF margin (TTM), FY26 Q1: 9.6% FCF margin (TTM), FY26 Q2: 9.9% 9.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -11.7%
FY23 Q4 12.2%
FY24 Q1 15.2%
FY24 Q2 21.2%
FY24 Q3 14.9%
FY24 Q4 7.9%
FY25 Q1 1.5%
FY25 Q2 -7.3%
FY25 Q3 -5.1%
FY25 Q4 -4.3%
FY26 Q1 9.6%
FY26 Q2 9.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Delek Logistics Partners took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1B
  2. Cost of revenue $798M · 78.8%
  3. Gross profit $215M · 21.2%
  4. Selling, general and admin $28.6M · 2.8%
  5. Operating income $182M · 17.9%
  6. Net income $176M · 17.4%

Shares of revenue. Source: Delek Logistics Partners's 10-K for FY2025, as filed with the SEC.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 504 744 1,023 907 841 590 448 538 658 584 563 701 1,036 1,020 941 1,013 1,199
Gross profit — — — — — — 93 106 149 151 207 216 249 285 244 215 211
EBITDA 21 18 13 51 94 97 98 110 152 153 216 233 273 331 299 307 328
Operating income 18 12 3 39 79 77 78 88 126 126 180 191 210 239 203 182 184
Net income 10 4 14 33 70 66 63 69 90 97 159 165 159 126 143 176 154
Growth (year on year)
Revenue — +47.5% +37.4% −11.3% −7.3% −29.9% −24.0% +20.1% +22.2% −11.2% −3.5% +24.4% +47.9% −1.5% −7.8% +7.7% +30.3%
EBITDA — −14.3% −28.3% — +83.5% +3.3% +1.6% +11.8% +37.8% +0.5% +41.3% +8.2% +16.9% +21.5% −9.7% +2.8% +21.5%
Operating income — −34.9% — — +103.6% −2.0% +0.5% +13.6% +42.6% +0.0% +42.9% +6.0% +10.1% +14.0% −15.1% −10.3% +8.2%
Net income — — — — +109.7% −5.5% −5.1% +10.5% +29.9% +7.3% +64.6% +3.5% −3.5% −20.6% +13.0% +23.7% +1.0%
Margins
Gross margin — — — — — — 20.8% 19.7% 22.6% 25.9% 36.7% 30.8% 24.1% 27.9% 25.9% 21.2% 17.6%
EBITDA margin 4.1% 2.4% 1.2% 5.6% 11.2% 16.4% 22.0% 20.5% 23.1% 26.1% 38.3% 33.3% 26.3% 32.5% 31.8% 30.3% 27.4%
Operating margin 3.5% 1.6% 0.2% 4.3% 9.4% 13.1% 17.3% 16.4% 19.1% 21.5% 31.9% 27.2% 20.2% 23.4% 21.6% 17.9% 15.3%
Net margin 2.0% 0.6% 1.4% 3.7% 8.3% 11.2% 14.0% 12.9% 13.7% 16.6% 28.3% 23.5% 15.3% 12.4% 15.2% 17.4% 12.8%
Free-cash-flow margin 2.7% −2.3% −1.3% 1.2% 9.0% 8.2% 20.0% 13.6% 21.3% 20.8% 31.9% 36.0% 4.9% 12.7% 8.2% −3.0% 11.2%
Cash flow
Cash from operations 13 −10 17 37 85 68 101 91 153 130 193 275 192 225 206 237 340
Capital spending 0 7 31 26 9 20 11 18 13 9 13 23 141 96 129 268 206
Free cash flow 13 −17 −14 11 76 48 89 73 140 121 180 252 51 129 77 −31 134
Stock-based pay 0 0 0 0 0 0 1 1 1 2 1 2 3 3 — — —
Free cash flow after stock pay 13 −17 −14 11 76 48 89 72 139 120 178 250 48 127 — — —
Balance sheet
Cash 0 0 23 1 2 0 0 5 5 6 4 4 8 4 5 11 14
Total debt 0 61 90 165 252 352 393 423 700 833 992 899 1,671 1,712 1,885 2,362 2,398
Net debt (negative = net cash) 0 61 67 164 250 352 393 418 696 828 988 895 1,663 1,708 1,880 2,351 2,384
Diluted shares — — — 25m — — — — — — — — — — — — —
Returned to shareholders
Buybacks — — — — — — — — — — — — — 0 0 10 0
Total returned — — — — — — — — — — — — — 0 0 10 0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 4 checks passed · June 30, 2026
What it owns · $2.9bn
Short-term assets $470mLonger-term assets $2.4bn
What it owes, and who funded it · $489m
Short-term liabilities $489m
  • Short-term assets cover short-term liabilities $470m of assets due within a year against $489m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $14m of cash against $2.4bn of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $340m of operating cash flow against $2.4bn of debt.
  • Operating profit covers interest at least five times over Operating income of $184m against $218m of interest.

From Delek Logistics Partners, LP's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$0
Returned to shareholders
0%
of free cash flow
Buybacks, last 3 fiscal years
$10M
Total shareholder yield
0.0%
dividends 0.0% + buybacks 0.0% of market value
Sales & admin spending
1.5%
of revenue

Competitors: side by side with peers

Closest by revenue in oil & gas storage & transportation
Last 12 months unless stated DKL AM NFE DTM TRMD EE Median
Revenue, last 12 months $1.2bn $1.3bn $1.3bn $1.3bn $1.3bn $1.5bn $2.0bn
Revenue growth, last 12 months 30.3% 7.3% −37.3% 13.4% −14.1% 49.0% 8.8%
Revenue growth, 3-year average 4.4% 7.3% −19.4% 13.1% — −8.2% 4.0%
Revenue growth, latest quarter 56.2% 10.9% 2.8% 7.0% — 61.0% 10.7%
Gross margin 17.6% — 35.5% — — — 42.6%
Operating margin 15.3% 81.3% −86.3% 49.4% 26.6% 21.8% 27.3%
Operating margin, 3-year average 19.2% 67.2% −20.5% 49.6% — 22.5% 20.8%
Net margin 12.8% 53.4% −149.4% 35.4% 21.3% 3.2% 13.1%
Cash from operations / revenue 28.3% 106.6% −41.5% 70.4% 37.2% 26.7% 29.5%
Free-cash-flow margin 9.9% 95.2% −59.8% 40.0% 14.2% 1.6% 11.8%
Free-cash-flow margin, 3-year average 7.9% 76.8% −72.8% 39.9% — 17.9% 8.8%
Stock pay / revenue 0.3% 3.4% 1.6% 1.9% 2.5% 0.9% 0.5%
Change in share count — −1.2% 12.5% 0.7% 3.9% — 0.2%

Median of all 29 companies we cover in oil & gas storage & transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

29 oil & gas storage & transportation companies
Measure Company Peer median Rank
Revenue growth Growth 30.3% 8.8% 4 of 29
Change in growth rate Growth +17.3pp +0.5pp 4 of 29
Gross margin Profitability 17.6% 35.5% 13 of 15
Operating margin Profitability 15.3% 28.1% 19 of 27
Net margin Profitability 12.8% 13.1% 16 of 29
Free-cash-flow margin Cash generation 9.9% 13.6% 15 of 28
Long-term debt as % of assets Balance sheet 82.7% 46.2% 24 of 26

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Gathering and Processing $498M 49.2% ▲ 36.6%
Wholesale Marketing and Terminalling $418M 41.2% ▼ 7.5%
Storage and Transportation $97.6M 9.6% ▼ 21.5%
Products and services
Line of business Revenue YoY
Product Revenue Third Party $432M ▲ 27.6%
Product Revenue Affiliate $181M ▲ 21.7%
Service Revenue Affiliate $103M ▲ 10.9%
Service Revenue Third Party $81.7M ▼ 3.0%

These categories overlap or exclude eliminations, so shares aren't shown.

From Delek Logistics Partners, LP's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$600M
Institutions reporting
79
Shares held vs prior quarter
▲ 2.4%
Positions opened / closed
7 / 7

Top buyers and sellers, Q2 2026: 37 institutions bought and 25 sold ; the biggest buyer was Morgan Stanley (+428K shares) and the biggest seller Alps Advisors Inc (−192K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Alps Advisors Inc $226M 4.4M 37.7% ▼ 4.2%
Mirae Asset Global Etfs Holdings Ltd. $84M 1.6M 14.0% ▲ 2.1%
Invesco Ltd. $78.1M 1.5M 13.0% 0.0%
Morgan Stanley $27.2M 529K 4.5% ▲ 426.6%
Goldman Sachs Group Inc $25.3M 491K 4.2% ▼ 23.5%
Clearbridge Investments, LLC $25.2M 489K 4.2% ▲ 25.5%
Jpmorgan Chase & Co $16.8M 328K 2.8% ▼ 13.1%
Raymond James Financial Inc $14.2M 276K 2.4% ▲ 8.0%
Cohen & Steers, Inc. $9.8M 191K 1.6% 0.0%
Neos Investment Management LLC $8.9M 173K 1.5% ▲ 56.0%
Westwood Holdings Group Inc $8.3M 160K 1.4% ▼ 0.3%
Kornitzer Capital Management Inc $7.2M 140K 1.2% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Delek Logistics Partners, LP's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $750,000 5 trades by 5 insiders, last 12 months Insider sales History → $60,858 5 trades by 1 insider · 100% under pre-set plans
Net ▲ $689,142 net buying
Insider Date Trade Shares Price Value
Yemin Ezra Uzi Chairman August 13, 2026 Buy 6,000 $50.00 $300,000
Wright Robert G. EVP, Chief Financial Officer August 13, 2026 Buy 1,500 $50.00 $75,000
Spiegel Reuven Executive Vice President, DKL August 13, 2026 Buy 1,000 $50.00 $50,000
Hobbs Mark Wayne EVP August 13, 2026 Buy 4,000 $50.00 $200,000
Soreq Avigal President August 13, 2026 Buy 2,500 $50.00 $125,000
Spiegel Reuven Executive Vice President, DKL March 4, 2026 Sell pre-set plan 250 $53.20 $13,300
Spiegel Reuven Executive Vice President, DKL February 4, 2026 Sell pre-set plan 250 $52.38 $13,095
Spiegel Reuven Executive Vice President, DKL January 5, 2026 Sell pre-set plan 250 $46.99 $11,748
Spiegel Reuven Executive Vice President, DKL December 4, 2025 Sell pre-set plan 250 $45.86 $11,465
Spiegel Reuven Executive Vice President, DKL November 5, 2025 Sell pre-set plan 250 $45.00 $11,250

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 6, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • April 29, 2026
  • February 27, 2026
  • November 7, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Delek Logistics Partners, LP was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Delek Logistics Partners, LP in brief

What does Delek Logistics Partners, LP do?
Delek Logistics Partners, LP is a US-listed company in the oil & gas storage & transportation industry. Its financial year ends in December.
What is Delek Logistics Partners, LP's stock ticker?
Delek Logistics Partners, LP trades under the ticker DKL on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Delek Logistics Partners, LP's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Delek Logistics Partners, LP reported revenue of $1.2B, 30.3% higher than a year earlier, according to its SEC filings.
What is Delek Logistics Partners, LP's free cash flow?
Delek Logistics Partners, LP's free-cash-flow margin is 9.9% of revenue over the trailing twelve months, ranking 15 of the 28 oil & gas storage & transportation companies we cover.
Who are Delek Logistics Partners, LP's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Alps Advisors Inc, Mirae Asset Global Etfs Holdings Ltd. and Invesco Ltd. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Who are Delek Logistics Partners, LP's competitors?
In our Oil & Gas Storage & Transportation peer group, the companies closest to Delek Logistics Partners, LP are Antero Midstream Corp, New Fortress Energy Inc., DT Midstream, Inc., Torm plc and Excelerate Energy, Inc. The side-by-side comparison below sets their revenue, margins and growth against Delek Logistics Partners, LP's.
Are insiders buying or selling Delek Logistics Partners, LP stock?
Over the last 12 months, Delek Logistics Partners, LP's directors and officers reported 5 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.
When is Delek Logistics Partners, LP's next earnings date?
Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Delek Logistics Partners, LP announces its own schedule.