HF Sinclair (DINO) Net Margin (2021 - 2026)
HF Sinclair (DINO) posted quarterly Net Margin of 8.59% for Q2 2026, up 550.0% year-over-year from 1.32% in Q2 2025, and down 5.81% quarter-over-quarter from 9.13% in Q1 2026.
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Analysis
HF Sinclair (DINO) Net Margin (2021 - 2026) Analysis & Trends
HF Sinclair (DINO) has reported Net Margin for 6 consecutive years, with 8.59% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 550.0% year-over-year to 8.59%; the TTM figure through Jun 2026 stood at 6.15% (up 642.0% YoY), while the FY2025 annual figure was 2.18%, up 171.0% from the prior year.
- Net Margin retreated to 8.59% in Q2 2026 per DINO's latest filing, from 9.13% in the prior quarter.
- Across five years, Net Margin topped out at 11.22% in Q2 2022 and bottomed at 3.18% in Q4 2024.
- Historically, Net Margin has averaged 4.36% across 5 years, with a median of 4.8% in 2024.
- Annual changes were most pronounced in 2024 — Net Margin slumped 1029 bps — and 2026, when it soared 916 bps.
- HF Sinclair's Net Margin stood at 6.95% in 2022, then tumbled by 106 bps to 0.44% in 2023, then sank by 627 bps to 3.18% in 2024, then soared by 87 bps to 0.42% in 2025, then soared by 2158 bps to 8.59% in 2026.
- Business Quant data shows DINO's Net Margin at 8.59% in Q2 2026, 9.13% in Q1 2026, and 0.42% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 9.16% |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 7.45% |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 8.59% |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 1.98% |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 7.84% |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 43.25% |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | -12.59% |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 4.41% |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 1.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.59% |
| Mar 31, 2026 | 9.13% |
| Dec 31, 2025 | -0.42% |
| Sep 30, 2025 | 5.59% |
| Jun 30, 2025 | 3.10% |
| Mar 31, 2025 | -0.03% |
| Dec 31, 2024 | -3.18% |
| Sep 30, 2024 | -1.03% |
| Jun 30, 2024 | 1.91% |
| Mar 31, 2024 | 4.51% |
| Dec 31, 2023 | -0.44% |
| Sep 30, 2023 | 9.26% |
| Jun 30, 2023 | 6.82% |
| Mar 31, 2023 | 5.09% |
| Dec 31, 2022 | 6.95% |
| Sep 30, 2022 | 9.23% |
| Jun 30, 2022 | 11.22% |
| Mar 31, 2022 | 2.15% |
| Dec 31, 2021 | -0.30% |
| Sep 30, 2021 | 6.46% |