Delek Logistics Partners, LP logo

Delek Logistics Partners, LP

DKL

NYSEEnergyOil & Gas Midstream

Previous close

$54.13

+$0.42 · +0.78%

Aug 21, 4:00 PM ET

DKL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

54

Neutral

Sentiment

54

Mixed

Risk resilience

74

Moderate Risk

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Company profile

Company website

Delek Logistics Partners, LP (DKL) manages and operates a diverse portfolio of logistics and marketing assets for crude oil, intermediate, and refined petroleum products throughout the United States. The company's operations are structured into three primary segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investments in Pipeline Joint Ventures. The Pipelines and Transportation division encompasses a comprehensive network of pipelines, trucking fleets, and supporting facilities. It provides essential services such as crude oil gathering, the movement of crude, intermediate, and refined products, and storage solutions. These services primarily bolster the operations of the Tyler, El Dorado, and Big Spring refineries, while also extending transport capabilities for crude and other products to external clients. This segment includes approximately 400 miles of crude oil transportation pipelines and 450 miles of refined product pipelines. Additionally, it operates roughly 900 miles dedicated to crude oil gathering, alongside storage tanks for intermediate and refined products, boasting a combined active shell capacity of around 10.2 million barrels. Through its Wholesale Marketing and Terminalling segment, the company delivers bulk marketing, transport, storage, and terminalling services exclusively for refined petroleum products to independent third-party customers. The Investments in Pipeline Joint Ventures segment involves equity stakes in three collaborative ventures. These partnerships have developed distinct crude oil pipeline systems and associated infrastructure, which cater to both external parties and Delek's own subsidiaries. Delek Logistics GP, LLC acts as the general partner for the firm. Established in 2012, Delek Logistics Partners, LP is headquartered in Brentwood, Tennessee, and operates as a subsidiary of Delek US Holdings, Inc.

Industry
Oil & Gas Midstream
Sector
Energy
Headquarters
US
CEO
Avigal Soreq
Listed since
Nov 2, 2012
Employees
0

Market position

Day range

Current $54.13

52-week range

Current $54.13

Open
$53.97
Previous close
$53.71
Volume
100.42K
0.94× average
Average volume
106.94K
Average daily volume
Market cap
2.88B USD
Beta
0.43
Market reference 1
50-day average
$54.5468
-0.76% below average
200-day average
$50.8432
+6.46% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.76B USD
P/E (TTM)
18.86×
P/B (TTM)
-41.54×
P/S (TTM)
2.4×
EV / EBITDA
9.82×
Earnings yield
7.39%
Free cash flow yield
-1.28%
Dividend yield
8.33%

Profitability & efficiency

Gross margin
17.34%
Operating margin
15.34%
Net margin
12.85%
Return on equity
2886.16%
Return on assets
6.35%
Return on invested capital
7.48%

Financial health

Debt / equity
-34.75×
Current ratio
1.12×
Altman Z-score
1.37
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%25%18%11%Gross margin, FY2021: 30.57%Gross margin, FY2022: 23.80%Gross margin, FY2023: 27.41%Gross margin, FY2024: 25.91%Gross margin, FY2025: 20.89%Operating margin, FY2021: 27.18%Operating margin, FY2022: 20.23%Operating margin, FY2023: 23.42%Operating margin, FY2024: 21.56%Operating margin, FY2025: 18.01%Net margin, FY2021: 23.52%Net margin, FY2022: 15.35%Net margin, FY2023: 12.37%Net margin, FY2024: 15.17%Net margin, FY2025: 17.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.57%. Gross margin FY2022 23.80%. Gross margin FY2023 27.41%. Gross margin FY2024 25.91%. Gross margin FY2025 20.89%. Operating margin FY2021 27.18%. Operating margin FY2022 20.23%. Operating margin FY2023 23.42%. Operating margin FY2024 21.56%. Operating margin FY2025 18.01%. Net margin FY2021 23.52%. Net margin FY2022 15.35%. Net margin FY2023 12.37%. Net margin FY2024 15.17%. Net margin FY2025 17.41%.

Income trends

Revenue

1.01B USD+7.73%

Operating income

182.54M USD-10.00%

Net income

176.46M USD+23.67%
Income trends across reported periods1.13B USD763.36M USD399.29M USD35.22M USDRevenue, FY2021: 700.9M USDRevenue, FY2022: 1.04B USDRevenue, FY2023: 1.02B USDRevenue, FY2024: 940.64M USDRevenue, FY2025: 1.01B USDOperating income, FY2021: 190.5M USDOperating income, FY2022: 209.68M USDOperating income, FY2023: 238.95M USDOperating income, FY2024: 202.83M USDOperating income, FY2025: 182.54M USDNet income, FY2021: 164.82M USDNet income, FY2022: 159.05M USDNet income, FY2023: 126.24M USDNet income, FY2024: 142.69M USDNet income, FY2025: 176.46M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 700.9M USD. Revenue FY2022 1.04B USD. Revenue FY2023 1.02B USD. Revenue FY2024 940.64M USD. Revenue FY2025 1.01B USD. Operating income FY2021 190.5M USD. Operating income FY2022 209.68M USD. Operating income FY2023 238.95M USD. Operating income FY2024 202.83M USD. Operating income FY2025 182.54M USD. Net income FY2021 164.82M USD. Net income FY2022 159.05M USD. Net income FY2023 126.24M USD. Net income FY2024 142.69M USD. Net income FY2025 176.46M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.01B USD940.64M USD1.02B USD1.04B USD700.9M USD
Cost of goods sold801.65M USD696.89M USD740.69M USD789.79M USD486.66M USD
Gross profit211.67M USD243.75M USD279.72M USD246.62M USD214.24M USD
Selling, general, and administrative28.64M USD35.94M USD24.77M USD34.18M USD21.46M USD
Operating expenses29.13M USD40.92M USD40.77M USD36.94M USD23.74M USD
Interest income112.52M USD47.79M USD
Interest expense179.3M USD150.96M USD143.24M USD82.3M USD50.22M USD
Depreciation and amortization128.22M USD100.58M USD99.6M USD70.2M USD49.98M USD
Operating income182.54M USD202.83M USD238.95M USD209.68M USD190.5M USD
Net income176.46M USD142.69M USD126.24M USD159.05M USD164.82M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$56.00

3.45% upside
Past 12 months12-month forecastHigh $60.00Average $56.00Low $52.00

Rating distribution

10 ratings
Strong buy00%
Buy220%
Hold770%
Sell110%
Strong sell00%

Recent analyst actions

4 institutions

DKL news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$4.45

2025 complete year+19.6% since 2021

2026 partial: $3.39

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 3, 2026

$1.135

Quarterly

Record Aug 3, 2026 · Payment Aug 10, 2026

Dividend

Ex-dividend May 4, 2026

$1.13

Quarterly

Record May 4, 2026 · Payment May 11, 2026

Dividend

Ex-dividend Feb 5, 2026

$1.125

Quarterly

Record Feb 5, 2026 · Payment Feb 12, 2026

Dividend

Ex-dividend Nov 7, 2025

$1.12

Quarterly

Record Nov 7, 2025 · Payment Nov 13, 2025

Dividend

Ex-dividend Aug 8, 2025

$1.115

Quarterly

Record Aug 8, 2025 · Payment Aug 14, 2025

Dividend

Ex-dividend May 8, 2025

$1.11

Quarterly

Record May 8, 2025 · Payment May 15, 2025

DKL peers

ETFs holding DKL

Funds reporting this stock among their holdings, ordered by reported position size.

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