NYSE$DK

Delek US Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Delek US Holdings reported Q1 2025, revenue of $2.64B, a net loss of $32.6M, diluted EPS of ($0.51).

For Q1 2025, Delek US Holdings reported revenue of $2.64B, a net loss of $32.6M, diluted EPS was ($0.51). The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $2.64B.
  • Net loss $32.6M.
  • Diluted EPS ($0.51).

Headline financials

Total Revenue

$2.64B

Previous: $3.23B-18.1%
EPS (adj)

-$0.51

Previous: -$0.51+0.0%
Adjusted EBITDA

$26.5M

Previous: $158.70+16698072.7%
Refining Adjusted EBITDA

-$27.4M

Previous: $106.10-25824793.7%
Logistics Adjusted EBITDA

$117M

Previous: $99.70+116850451.7%
Total Consolidated Long-Term Debt

$3.04B

Previous: $2.5K+121562637.8%
Net Debt Consolidated

$2.41B

Previous: $1.74K+138313636.7%
Cash Excluding DKL

$622M

Previous: $743.70+83595435.8%
Long-Term Debt Excluding DKL

$890M

Previous: $895.70+99318868.4%
Net Debt Excluding DKL

$268M

Previous: $152.00+176249900.0%
Refining Production Margin per bbl

$5.75

Previous: $12.55-54.2%
Refining Operating Expenses per bbl

$6.00

Previous: $5.90+1.7%
Capital Expenditures

-$136M

Previous: -$47.3M-186.9%
Free Cash Flow

-$308M

Previous: -$79.9M-286.0%
Net Income

-$173M

Previous: -$32.6M-429.8%
Operating Income

-$126M

Previous: $32.7M-484.7%
Gross Profit

-$63.7M

Previous: $130M-149.0%
Cash & Equivalents

$624M

Previous: $753M-17.2%
Total Assets

$6.88B

Previous: $7.18B-4.2%

Revenue & EPS history

Delek US · Revenue · Quarterly

$2.64B

Q1 2025-18.1%vs Q1 2024
Beat estimate in 4 of 5 quarters(80%)
ActualEstimate

Revenue by segment

Delek US · $3.88K total across 2 segments · Q4 2024

  • Refining
    $3.78K
  • Logistics
    $99.4

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.1%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+5.2%

Avg return

30 days after

46%

12 / 26 earnings

Positive

+13.7%

Q1 2026

Best reaction

-6.8%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+13.7%+17.0%+8.4%
Q4 2025+4.8%+18.7%+30.4%
Q3 2025+5.7%+4.2%-7.1%
Q2 2025-4.9%-1.8%+48.6%
Q1 2025+1.4%+11.3%+38.3%
Q4 2024+4.3%+5.0%+3.4%
Q3 2024-0.7%+7.3%-15.2%
Q2 2024+0.0%-4.8%-3.4%
Q1 2024+0.0%+8.6%-11.1%
Q3 2023-1.3%+0.1%-0.8%
Q2 2023+2.7%+2.9%+12.1%
Q1 2023+1.8%+3.1%+12.3%
Q3 2022-0.6%+0.1%-22.6%
Q2 2022-0.2%+7.1%+14.5%
Q1 2022-2.6%-13.2%+10.2%
Q3 2021+3.1%-0.2%-10.6%
Q2 2021+3.4%-0.4%+0.6%
Q1 2021-1.9%-6.4%-1.2%
Q3 2020+0.0%+18.5%+45.2%
Q2 2020-6.8%-0.7%-3.6%
Q1 2020+12.8%-4.5%+18.6%
Q3 2019+1.1%+0.0%-10.8%
Q2 2019-1.2%-8.2%-1.6%
Q1 2019-3.8%-9.7%-7.2%
Q3 2018+0.5%-4.4%-2.4%
Q2 2018-1.6%-6.0%-9.7%

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