Delek Logistics Partners (DKL) Operating Expenses (2011 - 2026)
Delek Logistics Partners (DKL) posted quarterly Operating Expenses of $46.6 million for Q1 2026, up 14.68% year-over-year from $40.6 million in Q1 2025, and up 3.26% quarter-over-quarter from $45.1 million in Q4 2025.
Analysis
Delek Logistics Partners (DKL) Operating Expenses (2011 - 2026) Analysis & Trends
Delek Logistics Partners (DKL) has reported Operating Expenses for 16 consecutive years, with $46.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 14.68% year-over-year to $46.6 million; the TTM figure through Mar 2026 stood at $501.5 million (up 244.91% YoY), while the FY2025 annual figure was $166.8 million, up 36.66% from the prior year.
- Operating Expenses improved to $46.6 million in Q1 2026 per DKL's latest filing, from $45.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $215.9 million in Q3 2025 and bottomed at -$533.9 million in Q4 2022.
- Historically, Operating Expenses has averaged $20.1 million across 5 years, with a median of $31.7 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 821.73% — and 2024, when it plunged 320.17%.
- Delek Logistics Partners' Operating Expenses stood at -$533.9 million in 2022, then surged by 137.77% to $201.6 million in 2023, then slumped by 320.17% to -$443.9 million in 2024, then jumped by 110.16% to $45.1 million in 2025, then increased by 3.26% to $46.6 million in 2026.
- Business Quant data shows DKL's Operating Expenses at $46.6 million in Q1 2026, $45.1 million in Q4 2025, and $215.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 113.28 Bn | 105.51 Bn | 9.27 Bn | 45.02 Bn |
| 2 | Valero Energy | 109.23 Bn | 101.35 Bn | 5.47 Bn | 266.00 Mn |
| 3 | Phillips 66 | 103.66 Bn | 99.56 Bn | 8.38 Bn | 47.07 Bn |
| 4 | HF Sinclair | 19.17 Bn | 16.91 Bn | 1.57 Bn | 9.22 Bn |
| 5 | Sunoco | 10.29 Bn | 9.52 Bn | 1.46 Bn | 13.68 Bn |
| 6 | PBF Energy | 8.86 Bn | 7.97 Bn | 1.15 Bn | 10.41 Bn |
| 7 | Ultrapar Holdings | 7.53 Bn | 5.42 Bn | 912.61 Mn | -284.31 Mn |
| 8 | Icahn Enterprises | 4.62 Bn | 2.65 Bn | 198.00 Mn | 3.36 Bn |
| 9 | Cvr Energy | 4.33 Bn | 3.59 Bn | 117.00 Mn | 52.00 Mn |
| 10 | Delek Logistics Partners | 2.94 Bn | 2.92 Bn | 66.09 Mn | 322.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 322.86 Mn |
| Mar 31, 2026 | 257.46 Mn |
| Dec 31, 2025 | 219.33 Mn |
| Sep 30, 2025 | 215.91 Mn |
| Jun 30, 2025 | 193.91 Mn |
| Mar 31, 2025 | 202.33 Mn |
| Dec 31, 2024 | 171.85 Mn |
| Sep 30, 2024 | 182.26 Mn |
| Jun 30, 2024 | 196.17 Mn |
| Mar 31, 2024 | 187.53 Mn |
| Dec 31, 2023 | 201.63 Mn |
| Sep 30, 2023 | 213.27 Mn |
| Jun 30, 2023 | 186.96 Mn |
| Mar 31, 2023 | 179.59 Mn |
| Dec 31, 2022 | 207.43 Mn |
| Sep 30, 2022 | 235.01 Mn |
| Jun 30, 2022 | 224.54 Mn |
| Mar 31, 2022 | 159.74 Mn |
| Dec 31, 2021 | 140.53 Mn |
| Sep 30, 2021 | 139.04 Mn |