HF Sinclair (DINO) Cost of Revenue (2021 - 2026)
HF Sinclair (DINO) posted Cost of Revenue of $7.71 billion for Q3 2026, up 21.4% from $6.35 billion a year earlier but down 12.6% from the prior quarter.
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Analysis
HF Sinclair (DINO) Cost of Revenue (2021 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cost of Revenue at HF Sinclair was $28.56 billion, up 15.0% year-over-year; for FY2025, it was $24.57 billion, down 9.1% from FY2024.
- Annual Cost of Revenue has declined for three consecutive years, though with a five-year compound annual growth rate of 21.6% (FY2020 to FY2025).
- In prior years, HF Sinclair's Cost of Revenue was $27.02 billion in FY2024 (-5.2%), $28.49 billion in FY2023 (-13.8%), $33.07 billion in FY2022 (+112.4%) and $15.57 billion in FY2021 (+68.5%).
- Quarterly Cost of Revenue has run from a low of $4.96 billion in Q4 2021 to a high of $9.57 billion in Q4 2022 over five years.
- On a year-over-year basis, Cost of Revenue increased in two of the last eight quarters, with growth averaging 1.9%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q2 2022, with growth of 125.2%; the weakest was Q4 2023, with a decline of 22.9%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $8.82 billion (Q2 2026), $5.93 billion (Q1 2026) and $6.11 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 103.92 Bn | 76.72 Bn | 12.69 Bn | 43.80 Bn |
| 2 | Valero Energy | 98.70 Bn | 70.56 Bn | 9.41 Bn | 36.69 Bn |
| 3 | HF Sinclair | 17.12 Bn | 9.40 Bn | 3.15 Bn | 7.71 Bn |
| 4 | Sunoco | 8.45 Bn | 5.30 Bn | 1.56 Bn | 16.47 Bn |
| 5 | PBF Energy | 7.96 Bn | 3.45 Bn | 2.17 Bn | 9.96 Bn |
| 6 | Ultrapar Holdings | 5.80 Bn | -1.43 Bn | 912.61 Mn | 7.29 Bn |
| 7 | Delek US Holdings | 3.90 Bn | 1.39 Bn | 365.10 Mn | 3.72 Bn |
| 8 | Cvr Energy | 3.81 Bn | 775.98 Mn | 783.00 Mn | 2.50 Bn |
| 9 | Icahn Enterprises | 3.40 Bn | -2.86 Bn | - | - |
| 10 | Bw Lpg | 3.31 Bn | 2.29 Bn | - | 33.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.71 Bn |
| Jun 30, 2026 | 8.82 Bn |
| Mar 31, 2026 | 5.93 Bn |
| Dec 31, 2025 | 6.11 Bn |
| Sep 30, 2025 | 6.35 Bn |
| Jun 30, 2025 | 6.16 Bn |
| Mar 31, 2025 | 5.96 Bn |
| Dec 31, 2024 | 6.38 Bn |
| Sep 30, 2024 | 6.99 Bn |
| Jun 30, 2024 | 7.34 Bn |
| Mar 31, 2024 | 6.32 Bn |
| Dec 31, 2023 | 7.38 Bn |
| Sep 30, 2023 | 7.51 Bn |
| Jun 30, 2023 | 6.81 Bn |
| Mar 31, 2023 | 6.15 Bn |
| Dec 31, 2022 | 9.57 Bn |
| Sep 30, 2022 | 8.39 Bn |
| Jun 30, 2022 | 8.61 Bn |
| Mar 31, 2022 | 6.50 Bn |
| Dec 31, 2021 | 4.96 Bn |
API Access
HF Sinclair Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DINO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "DINO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DINO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();