HF Sinclair DINO
NYSE DINO
$106.06 +2.09 (+2.01%)
At close: Sep 2, 2026 · 4:00 PM EDT

HF Sinclair (DINO) Operating Expenses (2021 - 2026)

HF Sinclair (DINO) posted quarterly Operating Expenses of $9.2 billion for Q2 2026, up 41.68% year-over-year from $6.5 billion in Q2 2025, and up 46.94% quarter-over-quarter from $6.3 billion in Q1 2026.

Analysis

HF Sinclair (DINO) Operating Expenses (2021 - 2026) Analysis & Trends

HF Sinclair (DINO) has reported Operating Expenses for 6 consecutive years, with $9.2 billion the latest figure, recorded in Q2 2026.

  • In Q2 2026, Operating Expenses rose 41.68% year-over-year to $9.2 billion; the TTM figure through Jun 2026 stood at $28.6 billion (up 6.67% YoY), while the FY2025 annual figure was $25.9 billion, down 8.39% from the prior year.
  • Operating Expenses improved to $9.2 billion in Q2 2026 per DINO's latest filing, from $6.3 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.5 billion in Q2 2022 and bottomed at $6.3 billion in Q1 2026.
  • Historically, Operating Expenses has averaged $7.4 billion across 5 years, with a median of $7.2 billion in 2022.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 123.8% — and 2023, when it decreased 24.92%.
  • HF Sinclair's Operating Expenses stood at $8.2 billion in 2022, then decreased by 5.17% to $7.7 billion in 2023, then slipped by 13.06% to $6.7 billion in 2024, then fell by 4.0% to $6.5 billion in 2025, then surged by 42.82% to $9.2 billion in 2026.
  • Business Quant data shows DINO's Operating Expenses at $9.2 billion in Q2 2026, $6.3 billion in Q1 2026, and $6.5 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marathon Petroleum 112.01 Bn 104.24 Bn 9.27 Bn 45.02 Bn
2 Valero Energy 107.72 Bn 99.85 Bn 5.47 Bn 266.00 Mn
3 Phillips 66 102.68 Bn 98.59 Bn 8.38 Bn 47.07 Bn
4 HF Sinclair 19.04 Bn 16.78 Bn 1.57 Bn 9.22 Bn
5 Sunoco 10.45 Bn 9.67 Bn 1.46 Bn 13.68 Bn
6 PBF Energy 8.96 Bn 8.06 Bn 1.15 Bn 10.41 Bn
7 Ultrapar Holdings 7.64 Bn 5.53 Bn 912.61 Mn -284.31 Mn
8 Icahn Enterprises 4.53 Bn 2.56 Bn 198.00 Mn 3.36 Bn
9 Delek US Holdings 4.41 Bn 3.78 Bn 365.10 Mn 3.78 Bn
10 Cvr Energy 4.34 Bn 3.60 Bn 117.00 Mn 52.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.22 Bn
Mar 31, 2026 6.28 Bn
Dec 31, 2025 6.46 Bn
Sep 30, 2025 6.69 Bn
Jun 30, 2025 6.51 Bn
Mar 31, 2025 6.29 Bn
Dec 31, 2024 6.73 Bn
Sep 30, 2024 7.33 Bn
Jun 30, 2024 7.65 Bn
Mar 31, 2024 6.62 Bn
Dec 31, 2023 7.74 Bn
Sep 30, 2023 7.83 Bn
Jun 30, 2023 7.13 Bn
Mar 31, 2023 7.06 Bn
Dec 31, 2022 8.16 Bn
Sep 30, 2022 9.27 Bn
Jun 30, 2022 9.50 Bn
Mar 31, 2022 7.23 Bn
Dec 31, 2021 5.64 Bn
Sep 30, 2021 4.39 Bn