HF Sinclair (DINO) Gross Margin (2021 - 2026)
HF Sinclair (DINO) posted quarterly Gross Margin of 15.14% for Q2 2026, up 594.0% year-over-year from 2.18% in Q2 2025, and down 5.65% quarter-over-quarter from 16.05% in Q1 2026.
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HF Sinclair (DINO) Gross Margin (2021 - 2026) Analysis & Trends
HF Sinclair (DINO) has reported Gross Margin for 6 consecutive years, with 15.14% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 594.0% year-over-year to 15.14%; the TTM figure through Jun 2026 stood at 12.74% (up 762.0% YoY), while the FY2025 annual figure was 8.56%, up 312.0% from the prior year.
- Gross Margin retreated to 15.14% in Q2 2026 per DINO's latest filing, from 16.05% in the prior quarter.
- Across five years, Gross Margin topped out at 22.82% in Q2 2022 and bottomed at 6.48% in Q4 2022.
- Historically, Gross Margin has averaged 10.41% across 5 years, with a median of 11.29% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 1829 bps — and 2023, when it surged 1019 bps.
- HF Sinclair's Gross Margin stood at 6.48% in 2022, then surged by 157 bps to 3.72% in 2023, then tumbled by 50 bps to 1.85% in 2024, then surged by 201 bps to 5.55% in 2025, then jumped by 173 bps to 15.14% in 2026.
- Business Quant data shows DINO's Gross Margin at 15.14% in Q2 2026, 16.05% in Q1 2026, and 5.55% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 17.72% |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 12.30% |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 16.10% |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 15.14% |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 10.27% |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 9.82% |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 11.12% |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | 6.43% |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 8.93% |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 4.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.14% |
| Mar 31, 2026 | 16.05% |
| Dec 31, 2025 | 5.55% |
| Sep 30, 2025 | 12.45% |
| Jun 30, 2025 | 9.20% |
| Mar 31, 2025 | 6.51% |
| Dec 31, 2024 | 1.85% |
| Sep 30, 2024 | 3.01% |
| Jun 30, 2024 | 6.46% |
| Mar 31, 2024 | 10.13% |
| Dec 31, 2023 | 3.72% |
| Sep 30, 2023 | 15.62% |
| Jun 30, 2023 | 13.03% |
| Mar 31, 2023 | 18.68% |
| Dec 31, 2022 | -6.48% |
| Sep 30, 2022 | 20.82% |
| Jun 30, 2022 | 22.82% |
| Mar 31, 2022 | 12.83% |
| Dec 31, 2021 | 11.82% |
| Sep 30, 2021 | 18.40% |