Delek Logistics Partners (DKL) Operating Margin (2011 - 2026)
Delek Logistics Partners (DKL) posted quarterly Operating Margin of 13.45% for Q1 2026, down 559.0% year-over-year from 2.93% in Q1 2025, and down 5.6% quarter-over-quarter from 14.25% in Q4 2025.
Analysis
Delek Logistics Partners (DKL) Operating Margin (2011 - 2026) Analysis & Trends
Delek Logistics Partners (DKL) has reported Operating Margin for 16 consecutive years, with 13.45% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 559.0% year-over-year to 13.45%; the TTM figure through Mar 2026 stood at 16.43% (down 842.0% YoY), while the FY2025 annual figure was 17.95%, down 362.0% from the prior year.
- Operating Margin declined to 13.45% in Q1 2026 per DKL's latest filing, from 14.25% in the prior quarter.
- Across five years, Operating Margin topped out at 194.95% in Q4 2024 and bottomed at 13.45% in Q1 2026.
- Historically, Operating Margin has averaged 30.71% across 5 years, with a median of 21.29% in 2025.
- Annual changes were most pronounced in 2024 — Operating Margin surged 17429 bps — and 2025, when it tumbled 18070 bps.
- Delek Logistics Partners' Operating Margin stood at 22.9% in 2022, then declined by 10 bps to 20.66% in 2023, then soared by 843 bps to 194.95% in 2024, then plunged by 93 bps to 14.25% in 2025, then fell by 6 bps to 13.45% in 2026.
- Business Quant data shows DKL's Operating Margin at 13.45% in Q1 2026, 14.25% in Q4 2025, and 17.36% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.91 Bn | 105.14 Bn | 9.27 Bn | 13.99% |
| 2 | Valero Energy | 108.96 Bn | 101.09 Bn | 5.47 Bn | 11.68% |
| 3 | Phillips 66 | 103.18 Bn | 99.08 Bn | 8.38 Bn | -74.35% |
| 4 | HF Sinclair | 19.12 Bn | 16.85 Bn | 1.57 Bn | 11.24% |
| 5 | Sunoco | 10.25 Bn | 9.47 Bn | 1.46 Bn | 4.09% |
| 6 | PBF Energy | 8.83 Bn | 7.93 Bn | 1.15 Bn | 10.89% |
| 7 | Ultrapar Holdings | 7.52 Bn | 5.41 Bn | 912.61 Mn | 14.59% |
| 8 | Icahn Enterprises | 4.63 Bn | 2.66 Bn | 198.00 Mn | -102.66% |
| 9 | Cvr Energy | 4.32 Bn | 3.58 Bn | 117.00 Mn | 2.85% |
| 10 | Delek Logistics Partners | 2.92 Bn | 2.91 Bn | 66.09 Mn | 16.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.09% |
| Mar 31, 2026 | 13.45% |
| Dec 31, 2025 | 14.25% |
| Sep 30, 2025 | 17.36% |
| Jun 30, 2025 | 21.29% |
| Mar 31, 2025 | 19.04% |
| Dec 31, 2024 | 194.95% |
| Sep 30, 2024 | 14.86% |
| Jun 30, 2024 | 25.87% |
| Mar 31, 2024 | 25.60% |
| Dec 31, 2023 | 20.66% |
| Sep 30, 2023 | 22.68% |
| Jun 30, 2023 | 24.28% |
| Mar 31, 2023 | 26.25% |
| Dec 31, 2022 | 22.90% |
| Sep 30, 2022 | 20.07% |
| Jun 30, 2022 | 15.82% |
| Mar 31, 2022 | 22.67% |
| Dec 31, 2021 | 25.99% |
| Sep 30, 2021 | 26.67% |