HF Sinclair (DINO) Net Margin (2021 - 2026)
HF Sinclair's Net Margin was 8.59% in Q2 2026, up 5.52 percentage points from 3.07% a year earlier but down 0.51 percentage points from the prior quarter.
HF Sinclair (DINO) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, HF Sinclair's Net Margin was 6.13% through Jun 30, 2026, up 6.45 percentage points year-over-year; for FY2025, it was 2.15%, up 1.54 percentage points from FY2024.
- Net Margin shows a five-year change of +7.53 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 0.62% in FY2024 (-4.36 pp), 4.97% in FY2023 (-2.68 pp), 7.65% in FY2022 (+4.61 pp) and 3.04% in FY2021 (+8.41 pp).
- Quarterly Net Margin has moved between -3.29% (Q4 2024) and 10.94% (Q2 2022) over five years.
- Compared with a year earlier, Net Margin has increased for five straight quarters, with an average year-over-year change of +1.04 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q1 2026 (a gain of 9.16 percentage points); the worst was Q3 2024 (a drop of 9.94 percentage points).
- Per Business Quant data, DINO's Net Margin in the three quarters before Q2 2026 was 9.10% (Q1 2026), -0.43% (Q4 2025) and 5.56% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 9.82% |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 8.36% |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 8.59% |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 7.76% |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 1.98% |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 4.04% |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | -0.11% |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 4.15% |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | -12.59% |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 15.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.59% |
| Mar 31, 2026 | 9.10% |
| Dec 31, 2025 | -0.43% |
| Sep 30, 2025 | 5.56% |
| Jun 30, 2025 | 3.07% |
| Mar 31, 2025 | -0.06% |
| Dec 31, 2024 | -3.29% |
| Sep 30, 2024 | -1.05% |
| Jun 30, 2024 | 1.94% |
| Mar 31, 2024 | 4.48% |
| Dec 31, 2023 | -0.81% |
| Sep 30, 2023 | 8.88% |
| Jun 30, 2023 | 6.48% |
| Mar 31, 2023 | 4.67% |
| Dec 31, 2022 | 6.54% |
| Sep 30, 2022 | 9.00% |
| Jun 30, 2022 | 10.94% |
| Mar 31, 2022 | 2.14% |
| Dec 31, 2021 | -0.70% |
| Sep 30, 2021 | 5.99% |
HF Sinclair Net Margin 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=net-margin&ticker=DINO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=DINO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();