Delek Logistics Partners, L.P.

DKL Energy Oil & Gas Refining & Marketing

Delek Logistics Partners, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 7.73% from fiscal 2024.

Revenue
+56.2%
EPS
−34.9%
Free cash flow
+193.3%
Total debt
+8.22%

Quarter to June 2026, against a year earlier

50.75 1.56 −2.98%
Market cap
$3.0B
P/E
17.7×
Fwd P/E
16.1×
Dividend yield
11.1%
F-score
4/9
Altman Z
n/a
Beneish M
−0.50
Dividend safety
10/100

Delek Logistics Partners, L.P. (DKL) Piotroski F-score

Alert me on Piotroski F-score

Delek Logistics Partners, L.P.'s Piotroski F-score for fiscal 2025 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, down from 5 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 4 (1.00)
FY2024 5 (1.00)
FY2023 6 1.00
FY2022 5 (1.00)
FY2021 6 (1.00)
FY2020 7 1.00
FY2019 6 1.00
FY2018 5 (1.00)
FY2017 6 0.00
FY2016 6 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 7.32% 7.70% Pass 1
Positive operating cash flow 237.12m 206.34m Pass 1
Rising return on assets 7.32% 7.70% Fail 0
Cash flow above net income 60.66m 64.42m Pass 1
Falling long-term leverage 0.98 1.02 Pass 1
Rising current ratio 1.12 1.64 Fail 0
No new shares issued 53,501,000 47,452,000 Fail 0
Rising gross margin 21.23% 25.91% Fail 0
Rising asset turnover 0.42 0.51 Fail 0
Piotroski F-score Mixed 4

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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