Delek Logistics Partners (DKL) Operating Expenses (2011 - 2026)
Delek Logistics Partners (DKL) reported Operating Expenses of $46.6 million for Q1 2026, up 14.68% year-over-year from $40.6 million in Q1 2025, and down 93.44% quarter-over-quarter from $709.9 million in Q4 2025.
Delek Logistics Partners (DKL) Operating Expenses (2011 - 2026) Analysis & Trends
Delek Logistics Partners (DKL) has 16 years of Operating Expenses data on file, last reported at $46.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $46.6 million, up 14.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $993.8 million (up 8.8% YoY), and the FY2025 annual result was $831.5 million, up 12.7% from the prior year.
- Operating Expenses eased to $46.6 million in Q1 2026 per DKL's latest filing, from $709.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $709.9 million in Q4 2025 and troughed at -$533.9 million in Q4 2022.
- A 5-year average of $104.6 million and a median of $46.6 million in 2026 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses slumped 479.89% in 2022, then soared 674.45% in 2024.
- A 5-year view of Operating Expenses shows it stood at -$533.9 million in 2022, then rose by 13.06% to -$464.1 million in 2023, then jumped by 239.81% to $648.9 million in 2024, then grew by 9.39% to $709.9 million in 2025, then plunged by 93.44% to $46.6 million in 2026.
- Business Quant data shows DKL's Operating Expenses at $46.6 million in Q1 2026, $709.9 million in Q4 2025, and $43.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 77.58 Bn | 82.10 Bn | 3.31 Bn | 33.16 Bn |
| 2 | Valero Energy | 77.02 Bn | 74.35 Bn | 30.79 Bn | 385.00 Mn |
| 3 | Phillips 66 | 72.14 Bn | 68.14 Bn | 31.12 Bn | 32.74 Bn |
| 4 | HF Sinclair | 12.82 Bn | 11.74 Bn | 1.19 Bn | 6.28 Bn |
| 5 | Sunoco | 8.94 Bn | 8.22 Bn | 1.69 Bn | 330.00 Mn |
| 6 | Cosan | 5.09 Bn | 222.07 Mn | 552.94 Mn | 803.77 Mn |
| 7 | Icahn Enterprises | 4.71 Bn | 3.41 Bn | -134.00 Mn | 2.82 Bn |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 7.60 Bn |
| 9 | Cvr Energy | 3.07 Bn | 2.75 Bn | -103.00 Mn | 60.00 Mn |
| 10 | Delek Logistics Partners | 2.85 Bn | 2.84 Bn | 46.91 Mn | 46.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.60 Mn |
| Dec 31, 2025 | 709.85 Mn |
| Sep 30, 2025 | 43.47 Mn |
| Jun 30, 2025 | 193.91 Mn |
| Mar 31, 2025 | 40.63 Mn |
| Dec 31, 2024 | 648.92 Mn |
| Sep 30, 2024 | 27.75 Mn |
| Jun 30, 2024 | 196.17 Mn |
| Mar 31, 2024 | 187.53 Mn |
| Dec 31, 2023 | -464.15 Mn |
| Sep 30, 2023 | 213.27 Mn |
| Jun 30, 2023 | 28.48 Mn |
| Mar 31, 2023 | 24.22 Mn |
| Dec 31, 2022 | -533.86 Mn |
| Sep 30, 2022 | 235.01 Mn |
| Jun 30, 2022 | 20.28 Mn |
| Mar 31, 2022 | 159.74 Mn |
| Dec 31, 2021 | 140.53 Mn |
| Sep 30, 2021 | 139.04 Mn |
| Jun 30, 2021 | 120.08 Mn |