Delek Logistics Partners, Lp - Understand $dkl stock

$DKL Market Cap: $2.029 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$984.9M

TTM

Gross Margin

27.14%

TTM

Net Earnings

$129.5M

TTM

Current Assets

$85.94M

Q3 2024

Current Liabilities

$69.58M

Q3 2024

Current Ratio

123.51%

Q3 2024

Total Assets

$1.961B

Q3 2024

Total Liabilities

$2.006B

Q3 2024

Book Value

-$45.11M

Q3 2024

Cash

$7.317M

Q3 2024

P/E

15.66

Nov 29, 2024 EST

Free Cash Flow

$148.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.020B	$1.036B	$700.9M	$563.4M	$584.0M	$657.6M	$538.1M	$448.1M	$589.7M	$841.3M	$907.4M	$1.023B	$744.1M	$504.4M
YoY Change	-1.54%	47.87%	24.4%	-3.52%	-11.19%	22.22%	20.09%	-24.02%	-29.91%	-7.29%	-11.26%	37.43%	47.52%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.020B	$1.036B	$700.9M	$563.4M	$584.0M	$657.6M	$538.1M	$448.1M	$589.7M	$841.3M	$907.4M	$1.023B	$744.1M	$504.4M
Cost Of Revenue	$735.4M	$787.0M	$483.8M	$356.7M	$432.7M	$509.1M	$432.1M	$355.0M	$436.3M	$697.2M	$811.4M	$959.4M	$700.5M	$476.7M
Gross Profit	$285.0M	$249.4M	$217.2M	$206.7M	$151.3M	$148.5M	$106.0M	$93.11M	$153.4M	$144.0M	$96.06M	$63.15M	$43.57M	$27.73M
Gross Profit Margin	27.93%	24.06%	30.98%	36.69%	25.91%	22.58%	19.7%	20.78%	26.01%	17.12%	10.59%	6.18%	5.86%	5.5%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$24.77M	$34.18M	$22.55M	$22.59M	$20.82M	$17.17M	$11.84M	$10.26M	$11.38M	$10.62M	$7.526M	$9.856M	$6.500M
YoY Change	-27.54%	51.61%	-0.19%	8.51%	21.26%	44.98%	15.44%	-9.91%	7.23%	41.06%	-23.64%	51.63%
% of Gross Profit	8.69%	13.71%	10.38%	10.93%	13.76%	11.56%	11.17%	11.02%	7.42%	7.37%	7.83%	15.61%	14.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$92.38M	$62.99M	$42.77M	$35.73M	$26.70M	$25.99M	$21.91M	$20.81M	$19.70M	$15.00M	$12.44M	$10.12M	$6.061M	$2.810M
YoY Change	46.67%	47.27%	19.7%	33.82%	2.74%	18.6%	5.29%	5.65%	31.33%	20.62%	22.89%	66.97%	115.69%
% of Gross Profit	32.42%	25.26%	19.7%	17.28%	17.65%	17.5%	20.67%	22.35%	12.85%	10.41%	12.95%	16.02%	13.91%	10.13%
Operating Expenses	$115.7M	$85.44M	$58.40M	$53.85M	$71.34M	$55.92M	$40.15M	$34.90M	$11.38M	$10.62M	$7.526M	$9.856M	$32.00M
YoY Change	35.4%	46.3%	8.45%	-24.52%	27.57%	39.27%	15.07%	206.54%	7.23%	41.06%	-23.64%	-69.2%
Operating Profit	$238.9M	$209.7M	$190.5M	$179.8M	$125.8M	$125.8M	$88.18M	$77.65M	$77.26M	$78.85M	$38.73M	$2.524M	$11.57M	$17.75M
YoY Change	13.96%	10.07%	5.96%	42.91%	0.04%	42.62%	13.56%	0.5%	-2.01%	103.57%	1434.51%	-78.18%	-34.86%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$143.2M	$82.30M	$50.22M	$42.87M	$47.33M	$41.26M	$23.94M	$13.59M	$10.66M	$8.656M	$4.570M	$2.682M	$2.011M	$2.564M
YoY Change	74.04%	63.88%	17.14%	-9.41%	14.7%	72.33%	76.23%	27.48%	23.13%	89.41%	70.4%	33.37%	-21.57%
% of Operating Profit	59.95%	39.25%	26.36%	23.85%	37.62%	32.81%	27.15%	17.5%	13.79%	10.98%	11.8%	106.26%	17.39%	14.44%
Other Income/Expense, Net	$303.0K	$373.0K	$119.0K	-$133.0K	-$600.0K	-$8.000K	$1.000K	$0.00	$0.00
YoY Change	-18.77%	213.45%	-189.47%	-77.83%	7400.0%	-900.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$127.4M	$159.4M	$165.0M	$159.5M	$97.72M	$90.72M	$69.19M	$62.89M	$66.02M	$70.19M	$34.16M	-$158.0K	$9.554M	$15.19M
YoY Change	-20.07%	-3.36%	3.45%	63.21%	7.72%	31.12%	10.02%	-4.74%	-5.95%	105.47%	-21720.89%	-101.65%	-37.1%
Income Tax	$1.205M	$382.0K	$153.0K	$223.0K	$967.0K	$534.0K	-$222.0K	$81.00K	-$195.0K	$132.0K	$757.0K	-$14.02M	$5.363M	$5.102M
% Of Pretax Income	0.95%	0.24%	0.09%	0.14%	0.99%	0.59%	-0.32%	0.13%	-0.3%	0.19%	2.22%		56.13%	33.59%
Net Earnings	$126.2M	$159.1M	$164.8M	$159.3M	$96.75M	$90.18M	$69.41M	$62.80M	$66.21M	$70.06M	$33.40M	$13.87M	$4.191M	$10.09M
YoY Change	-20.63%	-3.5%	3.5%	64.61%	7.28%	29.93%	10.52%	-5.15%	-5.49%	109.73%	140.91%	230.85%	-58.45%
Net Earnings / Revenue	12.37%	15.35%	23.52%	28.27%	16.57%	13.71%	12.9%	14.02%	11.23%	8.33%	3.68%	1.36%	0.56%	2.0%
Basic Earnings Per Share
Diluted Earnings Per Share	$2.90	$3.66	$3.792M	$4.741M	$3.963M	$3.697M	$2.844M	$2.574M	$2.713M	$2.885M	$1.386M	$579.2K	$350.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$3.755M	$7.970M	$4.292M	$4.200M	$5.500M	$4.500M	$4.700M	$100.0K	$0.00	$1.900M	$900.0K	$23.50M
YoY Change	-52.89%	85.69%	2.19%	-23.64%	22.22%	-4.26%	4600.0%		-100.0%	111.11%	-96.17%
Cash & Equivalents	$3.755M	$7.970M	$4.292M	$4.200M	$5.500M	$4.500M	$4.700M	$100.0K	$0.00	$1.900M	$900.0K	$23.50M
Short-Term Investments
Other Short-Term Assets	$676.0K	$2.463M	$951.0K	$300.0K	$2.200M	$1.000M	$800.0K	$1.100M	$1.500M	$800.0K	$400.0K	$200.0K
YoY Change	-72.55%	158.99%	217.0%	-86.36%	120.0%	25.0%	-27.27%	-26.67%	87.5%	100.0%	100.0%
Inventory	$2.264M	$1.483M	$2.406M	$3.100M	$12.60M	$5.500M	$20.90M	$8.900M	$10.50M	$10.30M	$17.50M	$14.40M
Prepaid Expenses
Receivables	$69.57M	$53.31M	$15.38M	$21.60M	$13.20M	$21.60M	$24.10M	$22.00M	$35.00M	$28.00M	$29.00M	$27.70M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$76.27M	$65.23M	$23.03M	$29.30M	$33.60M	$32.60M	$50.50M	$32.00M	$47.00M	$41.00M	$47.80M	$65.70M
YoY Change	16.92%	183.2%	-21.39%	-12.8%	3.07%	-35.45%	57.81%	-31.91%	14.63%	-14.23%	-27.25%
Property, Plant & Equipment	$955.2M	$948.8M	$470.3M	$489.0M	$298.8M	$312.6M	$255.1M	$251.0M	$253.8M	$254.8M	$224.5M	$191.1M
YoY Change	0.67%	101.73%	-3.82%	63.65%	-4.41%	22.54%	1.63%	-1.1%	-0.39%	13.5%	17.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$241.3M	$257.0M	$250.0M	$253.7M	$247.0M	$104.8M	$106.5M	$101.1M	$40.70M	$0.00
YoY Change	-6.1%	2.8%	-1.45%	2.71%	135.69%	-1.6%	5.34%	148.4%
Other Assets	$14.22M	$16.41M	$25.63M	$12.10M	$21.90M	$8.500M	$3.400M	$4.800M	$6.000M	$7.400M	$5.000M	$3.700M
YoY Change	-13.36%	-35.97%	111.79%	-44.75%	157.65%	150.0%	-29.17%	-20.0%	-18.92%	48.0%	35.14%
Total Long-Term Assets	$1.566B	$1.614B	$912.0M	$927.1M	$710.8M	$592.0M	$393.0M	$383.5M	$328.3M	$290.3M	$253.5M	$217.6M
YoY Change	-2.98%	76.97%	-1.62%	30.43%	20.07%	50.64%	2.48%	16.81%	13.09%	14.52%	16.5%
Total Assets	$1.642B	$1.679B	$935.1M	$956.4M	$744.4M	$624.6M	$443.5M	$415.5M	$375.3M	$331.3M	$301.3M	$283.3M
YoY Change
Accounts Payable	$26.29M	$63.46M	$72.58M	$6.700M	$21.40M	$22.10M	$19.10M	$10.90M	$10.80M	$18.60M	$27.60M	$32.00M
YoY Change	-58.57%	-12.57%	983.33%	-68.69%	-3.17%	15.71%	75.23%	0.93%	-41.94%	-32.61%	-13.75%
Accrued Expenses	$34.30M	$27.76M	$24.23M	$21.60M	$13.70M	$9.100M	$10.70M	$7.800M	$6.600M	$7.000M	$10.40M	$8.300M
YoY Change	23.56%	14.56%	12.19%	57.66%	50.55%	-14.95%	37.18%	18.18%	-5.71%	-32.69%	25.3%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$30.00M	$15.00M
YoY Change	100.0%
Total Short-Term Liabilities	$90.59M	$106.2M	$96.82M	$28.30M	$35.10M	$36.50M	$31.80M	$20.70M	$20.70M	$30.30M	$39.70M	$40.30M
YoY Change	-14.71%	9.71%	242.1%	-19.37%	-3.84%	14.78%	53.62%	0.0%	-31.68%	-23.68%	-1.49%
Long-Term Debt	$1.674B	$1.647B	$899.0M	$992.3M	$833.1M	$700.4M	$422.6M	$392.6M	$351.6M	$251.8M	$164.8M	$90.00M
YoY Change	1.65%	83.16%	-9.41%	19.11%	18.95%	65.74%	7.64%	11.66%	39.63%	52.79%	83.11%
Other Long-Term Liabilities	$39.74M	$37.21M	$43.28M	$43.50M	$27.20M	$22.50M	$18.30M	$15.50M	$14.00M	$9.200M	$9.300M	$13.00M
YoY Change	6.78%	-14.01%	-0.51%	59.93%	20.89%	22.95%	18.06%	10.71%	52.17%	-1.08%	-28.46%
Total Long-Term Liabilities	$1.714B	$1.684B	$942.2M	$1.036B	$860.3M	$722.9M	$440.9M	$408.1M	$365.6M	$261.0M	$174.1M	$103.0M
YoY Change	1.77%	78.7%	-9.03%	20.4%	19.01%	63.96%	8.04%	11.62%	40.08%	49.91%	69.03%
Total Liabilities	$1.804B	$1.790B	$1.039B	$1.065B	$895.6M	$759.4M	$472.8M	$428.8M	$386.3M	$291.5M	$214.1M	$143.3M
YoY Change	0.79%	72.27%	-2.41%	18.88%	17.94%	60.62%	10.26%	11.0%	32.52%	36.15%	49.41%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding											24.51M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.0288 Billion

About Delek Logistics Partners, LP

Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil, intermediate, and refined products. The company is headquartered in Brentwood, Tennessee and currently employs 0 full-time employees. The company went IPO on 2012-11-02. Its segments include Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investment in Joint Ventures. Gathering and Processing segment provides crude oil and natural gas gathering and processing, water disposal and recycling and storage services to Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Big Spring, Texas. Wholesale Marketing and Terminalling segment consists of refined products terminals and pipelines in Texas, Tennessee, Arkansas, and Oklahoma. Storage and Transportation segment provides crude oil, intermediate and refined products transportation, and storage services to Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Big Spring, Texas. The company also offers midstream service solutions.

Industry: Pipe Lines (No Natural Gas) Peers: Crestwood Equity Partners LP EnLink Midstream, LLC ENTERPRISE PRODUCTS PARTNERS L.P. Midstream Co LLC Excelerate Energy, Inc. HOLLY ENERGY PARTNERS LP International Seaways, Inc. NuStar Energy L.P. PLAINS GP HOLDINGS LP RATTLER MIDSTREAM LP