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DKL Financials Delek Logistics Partners, LP

14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 12.5% per year over the past 5 years.
  • Net income has grown slower than revenue (2.1% vs 12.5% per year).
  • Operating margin has contracted, at 17.9% in the latest year.

Financial health

  • Total debt ($2.3B) exceeds cash ($11M); net debt is $2.3B.
  • Total debt has grown faster than revenue (27.1% vs 12.5% per year).
  • Operating income covered interest expense 1.0× in the latest year.
  • Total debt is 7.6× EBITDA.
Revenue & net income
$0 $518M $1B 2012 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
0% 18% 37% 2012 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 11% 21% 2012 2014 2016 2018 2020 2022 2024
ROEROA
Free cash flow (CFO − capex)
-$31M $111M $252M $0 2012 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $1B $2B 2012 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$770M -$94M $582M $0 2012 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $1.0B $176M 21.2% 17.9% — 6.3% -$31M $2.3B $11M
2024 $941M $143M 25.9% 21.6% — 7.0% $77M $1.9B $5M
2023 $1.0B $126M 27.9% 23.4% — 7.7% $129M $1.7B $4M
2022 $1.0B $159M 24.1% 20.2% — 9.5% $51M $1.7B $8M
2021 $701M $165M 30.8% 27.2% — 17.6% $252M $899M $4M
2020 $563M $159M 36.7% 31.9% — 16.7% $180M — $4M
2019 $584M $97M 25.9% 21.5% — 13.0% $121M — $6M
2018 $658M $90M 22.6% 19.1% — 14.4% $140M — $5M
2017 — $69M — — — 15.6% $73M — $5M
2016 — $63M — — — 15.1% $89M — $59000
2015 — $66M — — — 17.6% $48M — $0
2014 — $70M — — — 21.1% $76M — $2M
2013 — $33M — — — 11.1% $11M — $924000
2012 — $14M — — — 4.9% -$14M — $23M

Valuation over time

How the market has priced DKL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 9.9 19.8 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.6 3.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is DKL growing its revenue and profit?

Over the past 5 years, Delek Logistics Partners, LP's revenue has grown 12.5% per year, and net income grown 2.1% per year. These are computed facts, not advice.

How much debt does DKL have?

As of FY2025, Delek Logistics Partners, LP reported $2.3B of total debt against $11M of cash; operating income covered interest expense 1.0×.

What is DKL's profit margin?

In FY2025, gross margin was 21.2%, operating margin 17.9%, and net margin 17.4%.

What is DKL's P/E ratio?

Delek Logistics Partners, LP's P/E (TTM) is 18.56 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DKL stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 16.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.