HF Sinclair (DINO) Gross Margin (2020 - 2025)
HF Sinclair (DINO) posted annual Gross Margin of 8.56% for FY2025, up 57.19% year-over-year from 5.45% in FY2024.
HF Sinclair (DINO) Gross Margin (2020 - 2025) Analysis & Trends
HF Sinclair (DINO) has reported Gross Margin for 6 consecutive years, with 8.56% the latest figure, recorded in FY2025.
- 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 advanced to 8.56% in FY2025 per DINO's latest filing, from 5.45% in the prior year.
- Across five years, Gross Margin topped out at 15.35% in FY2021 and bottomed at 5.45% in FY2024.
- Historically, Gross Margin has averaged 10.73% across 5 years, with a median of 10.86% in 2023.
- Annual changes were most pronounced in 2024 — Gross Margin tumbled 541 bps — and 2025, when it soared 312 bps.
- HF Sinclair's Gross Margin stood at 15.35% in 2021, then slipped by 12 bps to 13.45% in 2022, then declined by 19 bps to 10.86% in 2023, then tumbled by 50 bps to 5.45% in 2024, then soared by 57 bps to 8.56% in 2025.
- Business Quant data shows DINO's Gross Margin at 8.56% in FY2025, 5.45% in FY2024, and 10.86% in FY2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 104.11 Bn | 96.34 Bn | 9.27 Bn | - |
| 2 | Valero Energy | 102.17 Bn | 94.30 Bn | 5.47 Bn | - |
| 3 | Phillips 66 | 96.58 Bn | 92.48 Bn | 8.38 Bn | - |
| 4 | HF Sinclair | 17.09 Bn | 14.83 Bn | 1.57 Bn | - |
| 5 | PBF Energy | 8.23 Bn | 7.33 Bn | 1.15 Bn | - |
| 6 | Ultrapar Holdings | 7.18 Bn | 5.07 Bn | 912.61 Mn | - |
| 7 | Delek US Holdings | 4.17 Bn | 3.54 Bn | 365.10 Mn | - |
| 8 | Cvr Energy | 3.84 Bn | 3.10 Bn | 117.00 Mn | - |
| 9 | Par Pacific Holdings | 3.63 Bn | 3.44 Bn | 852.68 Mn | - |
| 10 | World Kinect | 1.82 Bn | 1.60 Bn | 365.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.56% |
| Dec 31, 2024 | 13.99% |
| Dec 31, 2023 | 19.33% |
| Dec 31, 2022 | 93.89% |
| Dec 31, 2021 | 17.03% |
| Dec 31, 2020 | 18.11% |