DK Delek US Holdings, Inc.

FY2025 10-K
Filed: Feb 27, 2026
Energy
Petroleum RefiningSEC EDGAR

Delek US Holdings, Inc. (DK) filed its fiscal year 2025 10-K annual report with the SEC on Feb 27, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business refining and logistics operations reliant on crude oil supply chains and third-party delivery systems
  • Emphasized significant investments in Permian Basin infrastructure with risk of overcapacity and competitive pressure on transportation rates
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Management Discussion & Analysis

  • Revenue impact implied by increased refining margins in 2025 vs 2024 due to higher crack spreads; exact revenue figure not disclosed
  • EBITDA growth supported by margin enhancements and small refinery exemptions, margin specifics not quantified in text
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Risk Factors

  • EPA consent decree June 2019, $0.5M penalty plus significant pollution control capital at Big Spring refinery over 3 years
  • Russia-Ukraine War and OPEC+ disputes causing global oil price volatility impacting Gulf Coast-focused operations
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Financial Summary
XBRL

Revenue

$10.7B

Net Income

-$23M

Operating Margin

2.8%

Net Margin

-0.2%

ROE

-4.2%

Total Assets

$6.8B

EPS (Diluted)

$-0.38

Operating Cash Flow

$536M

Source: XBRL data from Delek US Holdings, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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