HF Sinclair DINO Revenue Breakdown

NYSE DINO
$97.36 -0.41 (-0.42%)
As of: Nov 6, 2026 · 3:59 PM EST
Annual revenue breakdowns for HF Sinclair, fiscal 2020 to 2025, as reported in its filings.
Annual history

HF Sinclair Revenue by Segment

Years FY 2020–2025
Lines 6
FY 2025 Total $26.87B

Refining was HF Sinclair’s largest segment in fiscal 2025, bringing in $23.82B of $26.87B (89%).

HF Sinclair revenue by segment, fiscal 2020 to 2025
Segment FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Refining $34.41B $28.67B $25.34B $23.82B
Marketing $3.91B $4.15B $3.43B $3.14B
Lubricants & Specialties $3.16B $2.78B $2.71B $2.53B
Renewables $1.02B $1.19B $991.00M $991.00M
Midstream $540.00M $584.00M $644.00M $643.00M
Corporate, Other & Eliminations -$4.83B -$5.40B -$4.54B -$4.26B
Total $38.21B $31.96B $28.58B $26.87B
Totals include 4 discontinued lines from earlier reporting.

HF Sinclair revenue by segment: what the figures show

HF Sinclair brought in $26.87B from its six segments in fiscal 2025, the year ended December 31, 2025. That was down 6.0% from $28.58B in fiscal 2024. Refining was the largest at $23.82B (88.7%), ahead of Marketing at $3.14B (11.7%) and Lubricants & Specialties at $2.53B (9.4%). The other two segments brought in $1.63B combined.

Compared with fiscal 2024, Renewables grew fastest, up 0.0% to $991.00M, while Marketing fell the most, down 8.3% to $3.14B. From fiscal 2022 to 2025, combined revenue from these segments fell from $38.21B to $26.87B, a compound annual decline of 11.1%. Refining's share of the total fell from 90.1% to 88.7%.

The total is net of Corporate, Other & Eliminations, which took $4.26B off revenue in fiscal 2025.

Annual history

HF Sinclair Revenue by Product & Service

Years FY 2020–2025
Lines 6
FY 2025 Total $26.87B

Transportation Fuels was HF Sinclair’s largest product and service line in fiscal 2025, bringing in $20.93B of $26.87B (78%).

HF Sinclair revenue by product and service, fiscal 2020 to 2025
Product and Service FY 2020 FY 2021 FY 2022 FY 2023 FY 2025
Transportation Fuels $30.25B $24.58B $20.93B
Lubricants & Specialty Products $2.83B $2.52B $2.31B
Excess Crude Oil Revenues $2.34B $2.15B $1.34B
Asphalt, Fuel Oil & Other Products $2.15B $2.17B $1.43B
Other Revenues $529.00M $429.00M $746.00M
Transportation & Logistic Services $109.00M $118.00M $121.00M
Total $38.21B $31.96B $26.87B
Totals include 1 discontinued line from earlier reporting.

HF Sinclair revenue by product and service: what the figures show

HF Sinclair brought in $26.87B from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 15.9% from $31.96B in fiscal 2023, the previous year with figures. Transportation Fuels was the largest at $20.93B (77.9%), ahead of Lubricants & Specialty Products at $2.31B (8.6%) and Asphalt, Fuel Oil & Other Products at $1.43B (5.3%). The other three lines brought in $2.20B combined.

Compared with fiscal 2023, the previous year with figures, Other Revenues grew fastest, up 73.9% to $746.00M, while Excess Crude Oil Revenues fell the most, down 37.8% to $1.34B. From fiscal 2022 to 2025, combined revenue from these lines fell from $38.21B to $26.87B, a compound annual decline of 11.1%. Transportation Fuels' share of the total fell from 79.2% to 77.9%.

Questions

HF Sinclair Revenue Breakdown FAQ

How does HF Sinclair make money?

HF Sinclair (DINO) reports its revenue by segment and by product and service. In fiscal 2025, Refining was its largest segment, bringing in $23.82B (88.7% of the total), followed by Marketing at $3.14B (11.7%).

What is HF Sinclair's largest segment?

Refining was HF Sinclair's largest segment in fiscal 2025, bringing in $23.82B, or 88.7% of the $26.87B total across its six segments.

What is HF Sinclair's largest product and service line?

Transportation Fuels was HF Sinclair's largest product and service line in fiscal 2025, bringing in $20.93B, or 77.9% of the $26.87B total across its six product and service lines.

Where does this revenue breakdown data come from?

Every figure comes from HF Sinclair's annual financial filings, as reported. Each line keeps the name HF Sinclair gives it, and years follow its fiscal calendar.

How far back does HF Sinclair's revenue breakdown go?

HF Sinclair's revenue by segment goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.